Saudi Arabia News

LEORON Institute Appoints New Saudi Leadership to Support Workforce Development Goals

LEORON Institute has appointed Mariana Ignatov as chief executive officer for Saudi Arabia and Mustafa Al Audib as chief financial officer as part of a broader effort to strengthen its regional operations. The EdTech and training provide...

Magna AI and Saudi Xerox Partner on Sovereign Artificial Intelligence Data Infrastructure in Riyadh

Magna AI and Saudi Xerox have signed a strategic partnership to develop local artificial intelligence data centres and sovereign AI “factory” capabilities in Saudi Arabia. Announced at the Global Artificial Intelligence Show in Riyadh, t...

Saudi Power Procurement Company Prequalifies Developers for 12 GWh Battery Storage Expansion

Saudi Arabia’s Power Procurement Company has shortlisted 27 local and international developers for the second phase of its battery energy storage programme, which targets a total capacity of 12 gigawatt-hours. The projects, spread across...

Saudi Arabia Tops Global ICT Development Index 2026 as Digital Infrastructure Expands

The International Telecommunication Union has ranked Saudi Arabia first among 159 economies in its 2026 Information and Communications Technology Development Index, highlighting the Kingdom’s rapid digital transformation. The result, ann...

China and Saudi Arabia Endorse Freedom of Navigation in Strait of Hormuz in Diplomatic Shift

China and Saudi Arabia have issued a joint statement backing freedom of navigation in the Strait of Hormuz, a notable shift in Beijing’s language on the key energy shipping route amid ongoing regional maritime tensions. The readout, sign...

Saudi Arabia Expands Global Cultural Diplomacy Through New Heritage and Arts Initiatives

The Ministry of Culture has announced new international partnerships and exhibitions showcasing Saudi heritage and contemporary art, as part of broader efforts to strengthen cultural diplomacy and global engagement.

Saudi Arabia Expands SME Financing Programs Through National Development Fund

The National Development Fund has launched new financing facilities to improve access to credit for small and medium enterprises, with the aim of strengthening private sector growth and supporting economic diversification beyond oil.

Saudi Arabia Advances Defense Localization Through New Procurement and Manufacturing Deals

The General Authority for Military Industries has announced new defense procurement agreements and localization partnerships, supporting the Kingdom’s target of localizing 50% of defense spending by the end of the decade.

Saudi Arabia Invests in Desalination and Water Security Infrastructure Expansion

The Saline Water Conversion Corporation has confirmed new investments in desalination and water infrastructure projects to strengthen long-term water security and meet rising industrial and municipal demand.

Saudi Arabia Updates Fintech and Digital Asset Regulations to Attract Global Investment

Saudi financial regulators, including the Saudi Central Bank and Capital Market Authority, have issued updated guidelines for fintech and digital asset service providers, aiming to strengthen market oversight while encouraging innovation...

Saudi Aramco Signs International Partnership to Advance Carbon Capture Technologies

Saudi Aramco has entered a research agreement with an international energy institute to accelerate carbon capture, utilization and storage technologies. The collaboration supports efforts to reduce carbon intensity in industrial energy o...

Saudi Arabia Accelerates Urban Development Plans Across Riyadh, Jeddah and Dammam

The Ministry of Municipal and Rural Affairs has unveiled expanded urban development projects covering housing, infrastructure and public space upgrades across major cities, aimed at managing population growth and improving urban livability.

Saudi Arabia Establishes Artificial Intelligence Research Center in Riyadh with Global Tech Partners

The Saudi Data and Artificial Intelligence Authority and international technology companies have agreed to launch a dedicated AI research center in Riyadh. The initiative is designed to advance domestic research in machine learning and l...

Saudi Arabia Unveils Expanded 2026 Calendar of International Sports and Cultural Events

The General Entertainment Authority has announced a broader schedule of international sporting events, concerts and cultural festivals across Riyadh, Jeddah and AlUla, supporting efforts to boost domestic tourism and entertainment activity.

Riyadh Air Finalizes Aircraft Fleet Deal and Global Network Strategy Ahead of Launch

Riyadh Air has confirmed a multi-billion-dollar aircraft procurement agreement and outlined its global route network strategy ahead of its planned launch. The carrier aims to compete more directly with established regional aviation hubs ...

Saudi Arabia Awards New Mining Exploration Licenses to Expand Industrial Base

The Ministry of Industry and Mineral Resources has issued new mining exploration licenses to domestic and international consortia, as Saudi Arabia works to unlock mineral resources and broaden its non-oil industrial economy.

Saudi Arabia Deepens Energy and Petrochemical Cooperation with Asian Trading Partners

Saudi officials and counterparts from key Asian markets have held discussions aimed at strengthening long-term petrochemical supply agreements and expanding joint investment in downstream energy processing, reinforcing existing trade rel...

Saudi Arabia Reports Record Hajj Season and Plans Major Capacity Expansion for Pilgrimage Infrastructure

Saudi Arabia’s Ministry of Hajj and Umrah and the Saudi Tourism Authority have reported a successful Hajj season with record international attendance, alongside new investment plans to expand accommodation and transport infrastructure fo...

Public Investment Fund Expands Global Investment in Renewable Energy and Sustainable Infrastructure

Saudi Arabia’s Public Investment Fund has increased its exposure to renewable energy companies and sustainable infrastructure projects worldwide, adding new capital allocations as part of a broader strategy to build long-term, diversifie...

Saudi Arabia Strengthens Red Sea Maritime Security Coordination with Regional Partners

Saudi Arabia’s Ministry of Defense has concluded high-level talks with regional partners on a new maritime security framework for the Red Sea. The agreement focuses on safeguarding freedom of navigation and protecting key trade routes fo...

Public Investment Fund and Saudi Aramco Accelerate Artificial Intelligence and Advanced Manufacturing Push

Saudi Aramco and the Public Investment Fund have unveiled new partnerships spanning data infrastructure, artificial intelligence and advanced manufacturing, as Saudi Arabia expands efforts to build a regional technology and innovation ba...

Saudi Arabia Expands Neom and Red Sea Tourism Projects as Global Investment Momentum Builds

Saudi Arabia has announced further tourism, aviation and luxury resort investments tied to the Neom and Red Sea megaprojects, as international hospitality groups deepen commitments to the Kingdom’s flagship development zones. The expansi...

Saudi Arabia Launches Major Water Security Projects Including New Desalination and Recycling Plants

The National Water Company has begun construction on new desalination and wastewater recycling facilities as part of a broader water security strategy. The projects are intended to strengthen long-term resource sustainability in a water-...

Gulf Cooperation Council Streamlines Trade and Customs Procedures to Improve Regional Integration

GCC economic officials have agreed on measures to simplify customs procedures and reduce cross-border delays. The initiative is designed to improve trade efficiency and strengthen economic integration across Gulf markets.

Saudi Arabia Expands STEM Education Partnerships With Leading Global Universities

The Ministry of Education has signed new agreements with international universities to enhance STEM training programs in science and engineering. The partnerships aim to build advanced skills aligned with the Kingdom’s long-term economic...

Saudi Arabia Conducts International Cybersecurity Exercise to Test Critical Infrastructure Defenses

The National Cybersecurity Authority has led a large-scale international exercise simulating cyber threats against critical infrastructure. The drill brought together global experts to assess coordination and response capabilities.

Saudi Arabia and European Partners Explore New Trade and Green Investment Frameworks

Saudi and European Union representatives have held talks on expanding trade relations, industrial investment and collaboration in green technologies. The discussions highlight growing interest in joint research and long-term economic coo...

Saudi Arabia Expands Digital Healthcare and Telemedicine Services Nationwide

The Ministry of Health has completed a nationwide expansion of its digital healthcare platform, integrating telemedicine services, electronic health records and automated patient monitoring. The system is designed to improve access to ca...

Saudi Arabia Intensifies Global Climate Diplomacy on Carbon Capture and Sustainability Standards

Saudi officials have stepped up international engagement on climate policy, focusing on carbon capture technologies, circular economy models and climate-resilient urban development. The discussions form part of efforts to shape global su...

Saudi Arabia Advances Home Ownership Programs Through Expanded Housing Supply and Financing

The Ministry of Municipal and Rural Affairs and Housing reports increased delivery of residential units and expanded subsidized financing for first-time buyers. The measures are intended to support national homeownership targets as part ...

Saudi Arabia Expands International Flight Network to Increase Global Connectivity

The General Authority for Civil Aviation has announced an expanded international route network for national carriers, adding new direct connections across Europe, Asia and the Americas. The expansion is part of efforts to raise passenger...

Public Investment Fund Launches Venture Capital Fund to Support Regional Technology Startups

The Public Investment Fund and regional financial institutions have created a new venture capital fund targeting early-stage startups in artificial intelligence, fintech and digital services. The initiative is designed to expand funding ...

Saudi Arabia and China Establish New Joint Ventures in Renewable Energy and Transport Infrastructure

Saudi and Chinese officials have agreed to new joint ventures focused on renewable energy technologies and integrated transport systems. The partnerships are intended to deepen cooperation in strategic sectors central to both countries’ ...

Saudi Arabia Reports Record Foreign Direct Investment Inflows in First Half of 2026

The Ministry of Investment says foreign direct investment inflows reached record levels in the first half of the year, driven by growth in technology, manufacturing and renewable energy. The data reflects continued international investor...

General Entertainment Authority Expands Saudi Arabia’s International Sports and Cultural Events Calendar

The General Entertainment Authority has announced a broader lineup of international sports and entertainment events, including new global championships and cultural performances. The expansion is aimed at strengthening the Kingdom’s grow...

Saudi Arabia Deepens Regional Security and Defense Cooperation in High-Level Talks

Saudi defense and security officials have held meetings with regional partners to strengthen coordination on maritime patrols, intelligence sharing and joint security frameworks. The discussions reflect continued efforts to reinforce reg...

Saudi Arabia Records Strong Growth in Non-Oil Manufacturing Across Key Industrial Sectors

The Ministry of Industry and Mineral Resources reports record growth in non-oil manufacturing, driven by gains in automotive production, construction materials and processed metals. The figures highlight ongoing efforts to expand domesti...

Tourism Development Fund and Global Hotel Groups Advance Luxury Resort Projects in AlUla and the Red Sea

The Tourism Development Fund and international hospitality companies have unveiled new luxury resort developments in AlUla and the Red Sea region. The projects include additional investment in tourism infrastructure, aviation access and ...

Saudi Aramco Launches Major Investment Program in Natural Gas and Global Petrochemical Expansion

Saudi Aramco has announced a new capital investment program targeting natural gas infrastructure development and the expansion of its international petrochemical operations. The company said the initiative supports its strategy to mainta...

Saudi Arabia and Asian Partners Expand Trade Talks to Strengthen Industrial Investment and Supply Chains

Saudi officials have concluded a series of meetings with Asian economic partners focused on expanding trade routes, joint ventures in advanced manufacturing and long-term investment commitments. The discussions form part of a broader str...

Public Investment Fund and Global Technology Firms Sign Deals to Build National Artificial Intelligence Infrastructure

The Public Investment Fund has finalized agreements with international technology companies to develop large-scale data centers, high-performance computing systems and localized AI models. The initiative is intended to support a domestic...

Saudi Arabia Expands Renewable Energy and Regional Power Grid Interconnections to Boost Long-Term Energy Exports

The Ministry of Energy and the Public Investment Fund have announced new investments in solar and wind projects alongside plans to deepen electricity grid links with regional partners. The expansion is aimed at strengthening long-term en...

Saudi Arabia Reports 10 Percent Rise in Foreign Direct Investment Applications

The Ministry of Investment reports a 10 percent increase in foreign direct investment applications in the latest quarter. Interest is strongest in renewable energy, manufacturing and advanced logistics sectors, reflecting continued inves...

Saudi Arabia Expands Cooperation With China on Port Modernisation and Maritime Infrastructure

Saudi Arabia’s Ports Authority has signed an agreement with Chinese firms to modernise port infrastructure and expand maritime logistics capacity. The initiative aims to strengthen Red Sea trade connectivity and improve cargo handling ef...

Saudi Arabia Launches National Desalination Efficiency Programme to Cut Energy Use

The Ministry of Environment, Water and Agriculture has launched a new initiative aimed at improving desalination efficiency across major plants. The programme targets a 15 percent reduction in energy use and operating costs over the next...

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