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Thursday, Sep 24, 2026
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Aramco Second-Quarter Free Cash Flow Covers 56% of Base Dividend
Saudi Aramco generated $12.3 billion in second-quarter free cash flow against a declared base dividend of $21.9 billion, with working-capital requirements weighing on cash generation during the period.
Saudi Tourism Projects Expand Digital Technology as Kingdom Targets 150 Million Annual Visits
Saudi Arabia continues to integrate digital services and advanced technology into major tourism destinations while pursuing its national goal of attracting 150 million domestic and international visits annually by 2030.
PIF’s 64% Stake in stc Remains Central to Saudi Digital Infrastructure Strategy
Saudi Arabia’s sovereign wealth fund retains a 64% holding in stc Group, whose businesses span telecommunications, cloud computing, cybersecurity, digital payments and other infrastructure supporting the Kingdom’s technology expansion.
Saudi Arabia and France Extend AlUla Partnership Through 2035
Riyadh and Paris have extended their cooperation on AlUla through 2035, continuing joint work in archaeology, heritage, culture, tourism and sustainable development around one of Saudi Arabia’s flagship destinations.
PIF-Led Consortium Completes $55 Billion Acquisition of Electronic Arts
Saudi Arabia’s Public Investment Fund, Silver Lake and Affinity Partners have completed their acquisition of Electronic Arts, deepening PIF’s exposure to global gaming and entertainment as part of its diversification strategy.
PIF Provides Additional Capital to Lucid as Saudi EV Manufacturing Expands
A Public Investment Fund affiliate committed another $550 million to Lucid and expanded an existing financing facility, supporting the electric-vehicle maker as it develops production capacity and its broader Saudi manufacturing presence.
Aramco Signs French Agreements Worth More Than $3.7 Billion
Saudi Aramco has signed procurement agreements and a technology memorandum with French companies carrying a potential combined value above $3.7 billion, covering industrial equipment, digital technology and artificial intelligence.
Saudi Arabia Advances Multinational Maritime Defence Coalition for Red Sea Security
Saudi defence officials are building a multinational maritime coalition intended to protect shipping lanes, freedom of navigation and international trade across the Red Sea, Bab al-Mandab and Gulf of Aden.
Aramco and Maaden Tap Decades of Geological Data for Saudi Mineral Exploration
Aramco and Maaden are forming a joint venture that will use more than 90 years of geological and geophysical data, artificial intelligence and advanced computing to search for copper and other minerals across a large area of Saudi Arabia.
Saudi PIF Reports Assets Above $900 Billion as Vision 2030 Investment Push Continues
The Public Investment Fund said assets under management exceeded $900 billion at the end of 2025, alongside rising revenue and profit as the sovereign fund continues financing domestic economic development and international investments.
Saudi and Gulf Leaders Meet Trump During UN General Assembly
Saudi Arabia joined other Gulf Cooperation Council leaders in talks with US President Donald Trump in New York as regional security and wider Middle East tensions dominated diplomacy around the UN General Assembly.
G7 Calls for Immediate Halt to Houthi Attacks on Saudi Arabia and Red Sea Shipping
G7 foreign ministers condemned Houthi strikes against Saudi Arabia and civilian shipping, called for an end to military attacks and urged Iran to stop supplying and supporting the group.
Saudi Arabia Temporarily Shuts East-West Oil Pipeline After Multiple Attacks
Saudi energy authorities temporarily closed the East-West Pipeline after several attacks on September 10 caused injuries, highlighting security risks surrounding a route that helps move crude between the Kingdom’s producing regions and R...
Saudi Arabia, Türkiye and Pakistan Advance Joint Defence Alliance
The three countries are moving ahead with the Makkah Joint Defence Agreement, which treats an armed attack on one member as an attack on all three and provides for deeper military cooperation.
UK Deploys Air-to-Air Refuelling Support for Saudi Defensive Operations
Britain is providing an RAF Voyager refuelling aircraft to support Saudi defensive activity following renewed Houthi missile and drone attacks, adding to existing UK assistance for the Kingdom’s air defences.
Saudi Air Defences Intercept Houthi Ballistic Missile Fired at Riyadh
Saudi air defences intercepted and destroyed a ballistic missile launched by the Houthis toward Riyadh on September 19, marking a significant escalation in attacks on the Kingdom as regional tensions intensify.
Riyadh Falcon Auction Raises Funds to Support Saudi Falconry Heritage
A falconry auction in Riyadh drew regional breeders and collectors while directing proceeds towards breeding programmes and preservation of one of Saudi Arabia’s longstanding cultural traditions.
Saudi Religious Authorities Expand Multilingual Broadcasts From Mecca and Medina
The Presidency of Religious Affairs is widening digital translation and streaming of sermons and religious guidance from the Two Holy Mosques, increasing access for international Muslim audiences.
Eastern Province Accelerates Urban Upgrades Across Dammam and Khobar
Municipal authorities are advancing infrastructure, public-space and commercial-district improvements in Dammam and Khobar as the Eastern Province expands quality-of-life investment under Vision 2030.
AlUla Launches New Programme to Increase Commercial Value of Local Agriculture
The Royal Commission for AlUla is introducing support for local farm products and distribution, linking traditional agriculture with the region’s expanding tourism economy and sustainable-development plans.
Saudi Passports Directorate Updates Final-Exit Rules for Domestic Workers on Probation
New procedures clarify how final-exit visas can be issued for domestic workers during probationary employment, changing administrative requirements for sponsors while retaining labour-protection obligations.
Saudi Arabia Approves Six New Driving Academies to Expand Training Capacity
The General Directorate of Traffic is adding six driving schools across the Kingdom as demand for driver training grows among Saudi citizens and expatriate residents.
Saudi Energy Ministry Steps Up Enforcement Against Unlicensed Petroleum Trading
The Ministry of Energy has intensified action against unauthorised petroleum and commercial activity as Saudi Arabia seeks tighter compliance with domestic market, safety and environmental requirements.
Saudi Authorities Arrest Nearly Fifteen Thousand Residency, Labour and Border Violators
Saudi security forces detained fourteen thousand seven hundred and eighty-two people during a week of nationwide inspections targeting breaches of residency, labour and border-security regulations. ([People Matters][9])
Saudi Arabia Marks Ninety-Sixth National Day With Celebrations Across the Kingdom
Saudi Arabia celebrated National Day on September 23 with public events and national displays marking the Kingdom’s unification and highlighting its continuing economic and social development under Vision 2030. ([Ajel English][8])
Red Sea International Film Festival Postpones Sixth Edition Until Late 2027
The Red Sea Film Foundation has moved the next edition of its flagship Jeddah festival to the fourth quarter of 2027 following a review that included the logistical requirements of staging the international event. ([Arab News][7])
Saudi Arabia Introduces Measures to Deepen Sukuk and Domestic Bond Trading
Saudi financial authorities are rolling out new mechanisms intended to improve secondary-market liquidity for sukuk and government bonds and broaden institutional participation in the Kingdom’s debt markets.
Saudi Arabia Expands Domestic Artificial Intelligence Computing Through PNY Partnership
PNY Technology and Saudi-based Memory Technology Company have agreed to expand locally deployed artificial intelligence computing infrastructure, supporting the Kingdom’s push to build greater domestic capacity for advanced digital servi...
Pakistan Names Nauman Mahmood to Lead Saudi-Turkish-Pakistani Defence Pact Secretariat
Pakistan appointed retired Lieutenant General Nauman Mahmood as the first secretary-general of the Mecca Joint Defence Agreement, formalising the emerging trilateral security framework between Saudi Arabia, Türkiye and Pakistan. ([Calibe...
King Salman Condemns Houthi Attempt to Target Mecca
King Salman bin Abdulaziz condemned an alleged Houthi attempt to strike Mecca after Saudi authorities said they intercepted a drone directed towards the holy city, describing the incident as an attack on the sanctity of Islamic holy site...
Saudi Foreign Minister Pushes Palestinian Statehood Agenda at United Nations
Foreign Minister Prince Faisal bin Farhan used high-level meetings in New York to press for implementation of the Gaza peace plan and renewed international action towards a Palestinian state while coordinating with Gulf and international...
United Kingdom Provides Air-to-Air Refuelling Support for Saudi Defensive Operations
Britain is deploying an RAF Voyager tanker to provide defensive air-to-air refuelling support requested by Saudi Arabia following renewed Houthi missile and drone attacks in the region. ([GOV.UK][3])
Saudi Arabia Ramps Up Gulf Oil Exports After East-West Pipeline Disruption
Saudi Aramco loaded about fourteen million barrels of crude onto seven supertankers in the Gulf as the Kingdom redirected shipments following an attack that disrupted flows through the East-West Pipeline to the Red Sea. ([SBS 뉴스][2])
Saudi Aramco Plans Standalone Natural Gas Division in Major Reorganisation
Saudi Aramco is preparing to separate natural gas into a dedicated business unit as it develops the Jafurah unconventional gas project and explores financing options including minority listings and lease-and-leaseback transactions. ([Ene...
Jazan Produces 60% of Saudi Arabia’s Mango Harvest
Agricultural authorities say farms in Jazan accounted for 60% of the kingdom’s mango production, highlighting the southern province’s growing role in domestic agriculture.
Saudi Culture Ministry Launches Nationwide Heritage Exhibitions
Saudi Arabia’s Culture Ministry has opened exhibitions featuring traditional architecture, textile crafts and culinary heritage as part of efforts to preserve and promote national cultural traditions.
Saudi Pro League Reports Growth in International Broadcast and Streaming Audiences
The Saudi Pro League says international broadcast agreements and digital viewership are increasing across European and Asian markets as global interest in the competition expands.
Saudi Humanitarian Agency Expands Emergency Relief Operations Abroad
The King Salman Humanitarian Aid and Relief Center has carried out international airlifts delivering medical supplies, food and shelter materials to communities affected by crises and natural disasters.
Saudi Tourism Authority Expands Promotion Across Europe and Asia
Saudi Arabia is rolling out a new international tourism campaign highlighting AlUla, Red Sea destinations and entertainment in Riyadh as it seeks to attract more European and Asian travelers.
Saudi Press Agency and Russia’s TASS Sign Media Cooperation Agreement
The Saudi Press Agency and Russian news agency TASS have signed a memorandum of understanding in Moscow aimed at expanding news exchange and bilateral media cooperation.
World Economic Forum Highlights Saudi Progress on Gender Parity
A World Economic Forum assessment identifies Saudi Arabia among countries making notable progress in narrowing gender gaps in economic participation and professional leadership.
Saudi Arabia Prepares Nationwide Airshows and Fireworks for 96th National Day
Saudi Arabia is marking its 96th National Day with military airshows, naval displays and fireworks, including celebrations across nine cities and major events in Riyadh, Jeddah and Al Khobar.
Saudi Film Commission Raises Production Rebates to as Much as 60%
Saudi Arabia has increased cash rebates for eligible domestic and international film productions to as much as 60% as it seeks to attract more projects to shoot in the kingdom.
Saudi Arabia Expands Government Cloud and Cybersecurity Infrastructure
The Saudi Data and Artificial Intelligence Authority is strengthening encryption standards and secure government cloud capacity as authorities increase protection of critical digital infrastructure.
Red Sea Global Expands Renewable Power and Water Infrastructure at Resort Developments
Red Sea Global is advancing renewable-energy microgrids and desalination infrastructure across new hospitality developments on Saudi Arabia’s western coast.
Saudi Industrial Cities Attract New Manufacturing and Logistics Investment
Saudi Arabia’s industrial cities authority has secured new investment commitments from international manufacturers planning assembly and logistics facilities in Riyadh, Dammam and Jubail.
Saudi Non-Oil Activity Expands as Diversification Push Continues
Saudi statistical data show continued growth across non-oil sectors including utilities, waste management and retail, supporting the kingdom’s broader effort to diversify economic activity beyond hydrocarbons.
Saudi AI Business Registrations Rise 31% to More Than 24,000
Commercial registrations for artificial intelligence activities in Saudi Arabia have climbed 31% to 24,552 as investment and business formation accelerate across the kingdom’s technology sector.
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