Saudi Arabia News

Saudi Workforce Training Programs Shift Toward High-Growth Industries

The Ministry of Labor and Social Development has introduced an updated national training strategy focused on preparing workers for careers in technology, renewable energy and advanced manufacturing sectors that are expected to drive futu...

Saudi Aramco Expands Petrochemical Presence Through New International Partnerships

Saudi Aramco has formalized a series of joint venture agreements with global petrochemical partners as it seeks to deepen downstream integration and strengthen its position in key growth markets across Asia and the Middle East.

Foreign Investment in Saudi Non-Oil Sectors Continues to Rise

Updated figures from the Ministry of Investment show sustained growth in foreign direct investment across sectors including manufacturing, financial services and renewable energy, reflecting continued investor interest in Vision 2030 opp...

Saudi Arabia Advances New Phase of Red Sea Luxury Tourism Development

Red Sea Global has begun construction on a new portfolio of luxury resorts and integrated tourism facilities, reinforcing the region’s role in Saudi Arabia’s diversification strategy and its efforts to attract high-spending international...

Saudi Public Investment Fund Expands Aerospace and Defense Manufacturing Ambitions

The Public Investment Fund has finalized a major investment in domestic aerospace and defense manufacturing, advancing Vision 2030 goals to localize critical industries and strengthen the Kingdom’s technological capabilities.

Saudi Arabia and Gulf Producers Reaffirm Commitment to Oil Market Stability

Saudi Arabia’s Ministry of Energy and other major regional producers have reiterated their commitment to production policies aimed at maintaining market stability, emphasizing the importance of coordinated energy policies in supporting g...

Saudi Arabia and Global Technology Firms Launch Major AI Infrastructure Investment in Riyadh

The Saudi Data and Artificial Intelligence Authority and several leading international technology companies have unveiled a multi-billion-dollar investment initiative to build advanced data centers and research facilities in Riyadh, supp...

Saudi National Football Team Finalizes Preparations for 2026 World Cup Group Matches

The Green Falcons are completing preparations for upcoming group-stage fixtures against Spain, Uruguay, and Cape Verde as anticipation builds ahead of the 2026 World Cup in North America.

WWE Confirms Riyadh Event Despite Ongoing Regional Tensions

World Wrestling Entertainment said its Night of Champions event will proceed at Kingdom Arena later this month, maintaining its long-term partnership with Saudi Arabia despite broader regional security concerns.

Public Investment Fund Expands Travel Retail Strategy to Capture Tourism Growth

Saudi Arabia's sovereign wealth fund is broadening its tourism and retail portfolio, including the launch of the Kingdom's first domestically owned duty-free operator to benefit from rising international visitor numbers.

Saudi Aramco Raises LPG Prices for Asian Buyers

The company has increased June prices for propane and butane exports by up to three percent, responding to tighter regional supplies and influencing petrochemical feedstock pricing across Asia-Pacific markets.

Singapore Airlines Launches Direct Flights Between Singapore and Riyadh

The carrier has begun operating four weekly Airbus A350 services linking Changi Airport and Riyadh, reflecting growing business and tourism ties with Saudi Arabia.

Riyadh to Host Major Global Summit on Artificial Intelligence and Data Infrastructure

More than 10,000 executives, investors, and policymakers are expected to attend a major AI gathering in the Saudi capital focused on sovereign data management, cloud infrastructure, and advanced computing technologies.

Jeddah Tower Surpasses 100 Floors as Construction Progresses

Work on the Jeddah Tower project has passed the 102-floor mark, moving the development closer to its planned height of more than one kilometre as construction continues.

Saudi Arabia Opens Construction Sector to Full Foreign Ownership

New regulations now allow complete foreign ownership of engineering and construction companies, part of a broader effort to attract international expertise and strengthen project delivery capacity.

Riyadh Advances $5.5 Billion Tender for King Salman International Airport Expansion

Saudi authorities are preparing to award a major contract to build six parallel runways at King Salman International Airport, making it one of the largest construction tenders expected in the Kingdom this year.

Saudi Giga-Projects Shift Toward Phased Delivery and Commercial Priorities

Major developments including Neom and Diriyah are entering a phase focused on core infrastructure, housing, and transport, with contractor awards expected to total $86 billion this year.

Saudi Authorities Reassess The Line Development Timeline Amid Capital Constraints

Officials are reportedly reviewing the pace and scope of development at The Line in Neom, with greater emphasis being placed on projects expected to deliver nearer-term economic benefits.

Humain Secures $1.2 Billion Financing Framework to Expand AI Infrastructure

Saudi Arabia's national artificial intelligence company has agreed a major financing arrangement with the National Infrastructure Fund to accelerate the development of domestic computing capacity and data center networks.

Saudi Sovereign Wealth Fund Exceeds $17 Billion in Renewable Energy Investments

The Public Investment Fund said its investments in renewable energy and green hydrogen projects have surpassed $17 billion, reinforcing Saudi Arabia's efforts to diversify its energy mix under Vision 2030.

Public Investment Fund Approves New Five-Year Strategy Focused on Value Creation

Chaired by Crown Prince Mohammed bin Salman, the sovereign wealth fund has adopted its 2026-2030 strategy, shifting emphasis toward investment efficiency, sustainable returns, and deeper private-sector participation in the domestic economy.

Saudi Aramco Maintains $21.89 Billion Dividend Commitment Despite Fiscal Pressures

The state energy company will proceed with its scheduled June dividend payment, relying heavily on free cash flow as Saudi Arabia seeks to preserve investor confidence while managing wider budget challenges.

OPEC+ Ministers Prepare for Critical Production Talks Amid Export Bottlenecks

Energy ministers are set to meet virtually to discuss potential output increases, although analysts note that physical shipping and export constraints may limit Saudi Arabia's ability to deliver additional supplies to global markets.

Saudi Oil Export Capacity Constrained Despite East-West Pipeline Running at Full Capacity

The Kingdom's Petroline pipeline has reached its maximum throughput of seven million barrels per day, but loading limitations at Yanbu on the Red Sea have reduced effective export capacity while access through the Strait of Hormuz remain...

IMF Warns Strait of Hormuz Disruptions Could Weigh on Saudi Growth

The International Monetary Fund said the Saudi economy remains resilient but cautioned that prolonged disruption to shipping through the Strait of Hormuz could slow non-oil activity and affect medium-term growth prospects.

US Maintains Travel Advisory for Saudi Arabia Amid Escalating Regional Security Risks

The US State Department continues to advise Americans to reconsider travel to Saudi Arabia and the wider Gulf region, citing a volatile security environment that is disrupting air travel and maritime trade routes.

Saudi Arabia Denies US Airspace Access for Proposed Strait of Hormuz Escort Mission

Saudi Arabia has suspended US military access to Prince Sultan Air Base and closed its airspace to American aircraft, effectively halting a proposed maritime escort operation as Riyadh weighs the economic implications of elevated oil pri...

Al Rajhi Capital Restructures Board of Real Estate Investment Trust

Al Rajhi Capital announced governance changes at its flagship real estate investment trust fund as part of efforts to strengthen oversight and improve returns from commercial property assets.

Build Station Approves 36 Million Riyal First-Quarter Dividend

Construction services company Build Station has approved a cash dividend of 36 million riyals after reporting resilient demand linked to infrastructure and commercial construction activity.

Al Ittihad Parts Ways With Head Coach Sergio Conceicao

The Jeddah-based club has terminated the contract of Portuguese manager Sergio Conceicao following a series of disappointing regional tournament results and has begun searching for a successor.

Asian Cup Qualification Nears Completion Ahead of Saudi Arabia 2027 Tournament

Lebanon and Yemen are set to meet in a decisive qualifying match in Doha for the final place at the 2027 AFC Asian Cup, which Saudi Arabia will host from January 7 to February 5.

Saudi National Team Defender Hassan Tambakti Suffers Injury Setback

The Saudi Arabian Football Federation said defender Hassan Tambakti withdrew from training after suffering a hamstring injury, prompting further medical assessments ahead of upcoming international matches.

Saudi Arabia to Host First National Effie Awards Ceremony

Effie Worldwide and NordStella have finalized plans for the inaugural Effie Awards Saudi Arabia, which will be held in Riyadh on June 11 to recognize effective marketing campaigns and business performance.

WWE Night of Champions to Return to Riyadh in June

General Entertainment Authority Chairman Turki Alalshikh confirmed that WWE Night of Champions will take place at Kingdom Arena in Riyadh on June 27, continuing Saudi Arabia’s push to host globally televised sporting and entertainment ev...

Saudi Red Crescent Expands Emergency Coverage as Pilgrims Leave Madinah

The Saudi Red Crescent Authority has deployed hundreds of medical personnel, ambulances and volunteers across transport hubs in Madinah to support the safe departure of Hajj pilgrims.

Saudi Press