Saudi Arabia News

Saudi Arabia Signs International Anti-Corruption Information-Sharing Agreement Through UN GlobE Network

Saudi Arabia's Oversight and Anti-Corruption Authority, known as Nazaha, signed an international agreement through the United Nations GlobE Network to strengthen cross-border cooperation on asset recovery and anti-corruption enforcement.

Qiddiya Signs Agreement With France for Six Billion Euro Theme Park Development Near Paris

Qiddiya Investment Company signed a memorandum of understanding in France to finance a six billion euro leisure development near Paris featuring three major theme parks, expanding the Saudi-backed group's international investment activity.

BNP Paribas Receives Riyadh Regional Headquarters License

BNP Paribas has received investment registration to establish a regional headquarters in Riyadh, adding to more than 750 global corporate offices attracted under Saudi Arabia's regional headquarters program.

Saudi Arabia Tightens Rules for Gulf-Registered Private Vehicles

Saudi authorities have introduced a 90-day limit on the stay of privately owned Gulf-registered vehicles within a three-year period, with fines and vehicle impoundment for violations and a 90-day grace period for regularisation.

Saudi Arabia Signs $1.2 Billion Battery Storage Projects to Support Grid Expansion

Saudi Arabia agreed to develop four standalone battery energy storage projects with a combined capacity of 2,000 megawatts and eight gigawatt-hours, with investment exceeding 4.35 billion Saudi riyals to support renewable energy expansio...

Saudi Arabia Welcomes US Decision to Remove Syria From State Sponsors of Terrorism List

Saudi Arabia welcomed the United States decision to remove Syria from its State Sponsors of Terrorism list, reaffirming its support for regional stability, stronger state institutions and reconstruction efforts in Damascus.

Saudi Aramco Signs More Than $3.7 Billion in Agreements With French Companies

Saudi Aramco signed agreements and a memorandum of understanding worth more than $3.7 billion with French companies covering oilfield drilling equipment, steel pipes and industrial artificial intelligence through Aramco Digital.

Saudi Arabia Opens World Robot Olympiad Registration as Mawhiba Promotes Youth Technology Skills

Saudi Arabia’s Mawhiba foundation has opened nationwide registration for the 2026 World Robot Olympiad, supporting efforts to develop young talent in robotics, engineering and advanced computing.

Saudi Arabia Strengthens Regional Measures Against Money Laundering and Terrorist Financing

The Gulf Cooperation Council reviewed coordinated measures against money laundering, illicit financial flows and terrorist financing during high-level meetings in Riyadh involving international institutions.

Saudi Industrial Development Fund Expands Financing for Advanced Manufacturing and Green Technology

The Saudi Industrial Development Fund is increasing financing facilities for manufacturers adopting clean energy systems, robotic automation and more sustainable resource management as the Kingdom pushes industrial diversification.

Saudi Arabia Advances Renewable Energy Projects Ahead of Grid Modernization

Energy infrastructure operators across Saudi Arabia are accelerating grid interconnection work for new solar and wind projects as the Kingdom expands renewable power capacity under its Vision 2030 targets.

Saudi Arabia Expands Public Transit as Second-Quarter Ridership Rises 23.2 Percent

Saudi Arabia recorded more than 26 million public transit passengers in the second quarter of 2026, with ridership up 23.2 percent as modern urban mobility networks expand across major cities.

Saudi Aramco Signs More Than $3.7 Billion in Partnerships With French Companies

Saudi Aramco finalized memorandums of understanding and partnership agreements worth more than $3.7 billion with French companies to strengthen supply chains, advance industrial artificial intelligence and improve operational efficiency.

Saudi Arabia and France Sign Major Defense, Energy and Health Agreements in Paris

Saudi Crown Prince Mohammed bin Salman and French President Emmanuel Macron formalized a broad package of bilateral agreements covering defense cooperation, the green energy transition, transport and public health, deepening ties between...

Saudi Relief Centre Launches Agricultural Development Project in Somalia

The King Salman Humanitarian Aid and Relief Centre signed a cooperation agreement with the Zamzam Foundation for an agricultural development and seed distribution program designed to support thousands of farmers and strengthen sustainabl...

Saudi Arabia Cites Vision 2030 Reforms After Strong Global Competitiveness Ranking

Saudi officials said regulatory reforms, digitalized commercial licensing and streamlined investor procedures have helped strengthen the Kingdom's competitiveness, with Saudi Arabia ranking third among Group of Twenty economies and thirt...

Saudi Stock Exchange Records 9.7 Million Riyals in Private Negotiated Equity Deals

The Saudi Stock Exchange recorded three private negotiated transactions worth 9.7 million Saudi riyals involving more than five hundred thousand shares in major listed companies, highlighting continued institutional activity in the domes...

Saudi Civil Defense Warns of Severe Thunderstorms Across Five Regions

Saudi Arabia's General Directorate of Civil Defense urged residents and visitors in Riyadh, Mecca, Asir, Jazan and the Eastern Province to exercise extreme caution as thunderstorms, hail and strong downdrafts are forecast across large pa...

Qiddiya Investment Company Signs Agreement to Explore Major Entertainment Destination in France

Qiddiya Investment Company signed a memorandum of understanding with the French government to explore developing a major mixed-use entertainment and tourism destination in France, extending Saudi Arabia's giga-project expertise into the ...

Saudi Arabia Signs $1.16 Billion in Battery Storage Agreements to Strengthen Power Grid

Saudi Arabia signed contracts for four battery energy storage projects with a combined capacity of two thousand megawatts and four hours of storage, with total investment exceeding 4.35 billion Saudi riyals to support grid stability and ...

Saudi Crown Prince Mohammed bin Salman and Emmanuel Macron Hold High-Level Talks in Paris

Saudi Crown Prince Mohammed bin Salman met French President Emmanuel Macron at the Elysee Palace, where the two leaders witnessed the signing of strategic agreements covering defense, technology and joint industrial initiatives aimed at ...

Saudi Tourism Fund Offers New Incentives for Hospitality Projects in Asir and AlUla

The Tourism Development Fund has introduced financing measures to encourage private investment in boutique hotels, eco-lodges and cultural attractions across the emerging highland and heritage destinations.

Saudi Arabia Strengthens Local Electric Vehicle Supply Chain With Advanced Materials

Saudi Basic Industries Corporation is incorporating high-performance polymers and lightweight materials into vehicles produced by domestic electric vehicle maker Ceer, supporting greater integration of local manufacturing inputs.

Saudi Arabia and World Bank Agencies Expand Financing for Technology and Sustainable Infrastructure

The International Finance Corporation and MIGA have expanded financing and guarantee arrangements with Saudi authorities covering advanced technology, renewable energy and sustainable infrastructure projects.

Saudi Central Bank Reports Strong Liquidity and Resilience Across Domestic Banks

Saudi commercial banks continue to maintain strong capital ratios, healthy deposit growth and substantial liquidity buffers, according to the central bank, despite regional economic uncertainty and changing global interest rates.

Saudi Arabia and Sudan Establish Coordination Council on Security and Regional Stability

Riyadh and Khartoum signed an agreement to institutionalize cooperation on security and strategic stability, reflecting Saudi Arabia’s assessment that developments in Sudan are closely linked to security across the Red Sea region.

PIF Seeks External Investment for Global Sports Assets Including LIV Golf and Newcastle United

Saudi Arabia’s Public Investment Fund is seeking private-sector capital and co-investors for selected sports holdings as part of a 2026-to-2030 strategy focused on realizing value from its international portfolio.

Saudi Arabia Expands Open Skies Agreements to Increase International Connectivity

The General Authority for Civil Aviation has finalized new transit agreements with European and Asian aviation authorities, supporting additional flight frequencies and wider connectivity through Riyadh and Jeddah.

Saudi Debt Management Centre Completes More Than Five Billion Riyals in Domestic Sukuk Issuance

The Ministry of Finance completed a multi-tranche riyal-denominated sukuk issuance with maturities of five to 15 years, drawing strong institutional demand to support public infrastructure financing.

Saudi Arabia Registers More Than 1,600 Foreign Contracting Companies Amid Mega-Project Expansion

The Saudi Contractors Authority reported continued growth in the number of international engineering and construction firms registered in the Kingdom as companies position themselves for major infrastructure projects.

Saudi Data Center Capacity Exceeds 460 Megawatts as Digital Infrastructure Expands

Saudi Arabia’s data center capacity has passed 460 megawatts, with digital infrastructure investment exceeding 56 billion riyals as hyperscale facilities and partnerships with international technology companies expand.

Saudi Arabia Opens New Battery Storage Tenders to Strengthen Grid Reliability

The Ministry of Energy has invited bids for additional standalone battery storage facilities in Samha, Al-Leeth and Al-Henakiyah following major initial awards, with the projects intended to improve reliability and manage peak electricit...

Riyadh Regional Headquarters Programme Surpasses 780 Licensed Global Companies

More than 780 international companies have received licenses under Saudi Arabia’s regional headquarters programme, while office occupancy in Riyadh reached 97 percent as businesses establish operations in the capital.

Saudi Arabia and France Expand Cooperation on Tourism, Technology and Artificial Intelligence

Riyadh and Paris are deepening their strategic partnership through new cooperation in sustainable tourism, advanced digital technologies and artificial intelligence infrastructure following high-level diplomatic engagement.

Tanker Fire Off Yanbu Highlights Maritime Security Risks Along Saudi Red Sea Coast

A commercial oil tanker caught fire after being struck by an unexplained projectile about 63 nautical miles west of Yanbu, adding to security concerns along a major Red Sea shipping corridor.

Saudi Aramco and Ma’aden Partner to Explore Copper and Other Critical Minerals

Saudi Aramco and Saudi Arabian Mining Company have formed a joint venture to explore transition minerals, focusing on copper across an area covering nearly 10 percent of Saudi Arabia using artificial intelligence-based subsurface technol...

Saudi Arabia’s Economy Contracts 4.8 Percent in Second Quarter as Oil Output Falls

Real gross domestic product declined 4.8 percent year on year in the second quarter, according to the General Authority for Statistics, as a sharp drop in oil activity outweighed continued moderate growth in non-oil sectors.

Saudi Arabia Signs More Than Three Billion Riyals in Battery Storage Deals to Support Renewable Power

ACWA Power, Saudi Energy and the Saudi Power Procurement Company finalized agreements for large-scale battery storage projects in Haden, Al-Muwaih and Al-Kahafah, with combined capacity of six gigawatt-hours to help integrate renewable e...

Iranian Hackers Shut Down British Power Plant for Four Days in Landmark Cyber Attack

Security officials quietly alert energy leaders after a small-scale UK generator was taken offline in a breach coinciding with widespread cyber intrusions on US water infrastructure.

Saudi Demining Programme Clears More Than Five Thousand Explosive Devices in Yemen

The King Salman Humanitarian Aid and Relief Center says its demining programme has removed and destroyed more than five thousand mines and unexploded devices in Yemen as part of efforts to restore civilian infrastructure.

Global Cybersecurity Firms Target Riyadh Summit to Expand Saudi Sovereign Cloud Infrastructure

International technology companies are using the DeepFest exhibition in Riyadh to promote cybersecurity, data resilience and autonomous security systems as Saudi Arabia develops its sovereign cloud and wider digital infrastructure.

Saudi Arabia Suspends Nearly Two Thousand Foreign Umrah Agency Contracts

The Ministry of Hajj and Umrah has suspended contracts for about one thousand eight hundred international Umrah travel operators over regulatory and operational violations ahead of upcoming pilgrimage seasons.

Saudi Construction Costs Rise as Mega-Project Demand Drives Equipment and Material Prices

Construction expenses in Saudi Arabia are increasing as demand for heavy equipment and building materials rises across major infrastructure projects, reflecting the scale of development underway under Vision 2030.

Saudi Aramco Makes Minor August Fuel Price Adjustment While Maintaining Core Subsidies

Saudi Aramco has slightly increased the domestic price of premium Gasoline 98 for August while leaving core gasoline and diesel prices unchanged, preserving support for widely used fuels.

Saudi Arabia Registers Ten Thousand Urban Heritage Sites to Support Cultural Tourism

Saudi cultural authorities have formally registered ten thousand historical sites for preservation and tourism development, supporting efforts to expand the Kingdom’s cultural economy and non-religious tourism sector.

Saudi Press