Saudi Arabia News

Gulf Cooperation Council Expands Diplomatic Engagement Ahead of International Summits

GCC Secretary General Jasem Mohamed Albudaiwi met diplomats from Denmark and Panama in Riyadh to discuss regional security, stability and preparations for upcoming cooperation between the Gulf Cooperation Council and the Association of C...

Saudi Arabia to Host Thirty-Ninth Arab Inter-Parliamentary Union Conference

Held under the patronage of King Salman on June 10 and 11, the Arab Inter-Parliamentary Union conference will focus on parliamentary diplomacy, Arab cooperation and coordinated responses to regional and international security challenges.

Saudi Arabia and Qatar Coordinate Mediation Efforts Between the United States and Iran

Saudi Foreign Minister Prince Faisal bin Farhan bin Abdullah Al Saud and Qatari Prime Minister and Foreign Minister Sheikh Mohammed bin Abdulrahman bin Jassim Al-Thani discussed ongoing diplomatic efforts aimed at easing tensions between...

Saudi Aramco Cuts Crude Oil Prices for Asia, Europe and Mediterranean Buyers

Saudi Aramco reduced official selling prices for July crude deliveries, lowering Arab Light prices by six dollars per barrel for Asian customers and cutting prices by ten dollars per barrel for buyers in Europe and the Mediterranean to r...

Saudi Arabia and Russia Lead OPEC+ Decision to Raise Oil Output Modestly in July

Seven OPEC+ producers agreed to increase collective oil production by 188,000 barrels per day from July, with Saudi Arabia raising its own output by 62,000 barrels per day, as the group seeks to support market stability amid regional dis...

United Nations Warns AI Power Demand Could Rival Saudi Arabia’s Electricity Consumption

A new international report said the rapid expansion of artificial intelligence data centres may require electricity generation on a scale comparable to Saudi Arabia’s current national power consumption by the end of the decade.

Saudi Arabia and International Labour Organization Advance Worker Protection Programme

Saudi labour officials and the International Labour Organization reaffirmed cooperation on labour market reforms and worker protections during discussions in Geneva, supporting efforts to modernize employment regulations.

Saudi Health Ministry and Jamjoom Pharma Expand Medical Workforce Development

The Ministry of Health and Jamjoom Pharma signed an agreement to develop specialist healthcare talent through training programmes designed to strengthen the domestic pharmaceutical and healthcare sectors.

Saudi Red Sea Authority Introduces Environmental Standards for Marine Tourism

Regulators launched the Kingdom’s first environmental verification framework for water-based tourism operators, seeking to protect sensitive marine ecosystems as Red Sea tourism developments expand.

Saudi Arabia and UN Food Agency Deepen Cooperation on Food Security

Officials from the Gulf Cooperation Council and the Food and Agriculture Organization held talks in Riyadh focused on research partnerships and sustainable technologies aimed at strengthening regional food supply chains.

Swiss Engineering Group Georg Fischer Opens Riyadh Headquarters

The company established a regional base in the Saudi capital to support major water, desalination and infrastructure projects tied to the Kingdom’s long-term urban development plans.

Saudi Property Developer Al Ramz Reports Sharp Revenue Growth

Al Ramz posted a 169 percent year-on-year increase in first-quarter revenue, reflecting strong demand for residential property as the Kingdom advances homeownership and housing development targets.

Rheinmetall-Style Industrial Expansion Continues as Bawan Completes Petronash Acquisition

Saudi industrial group Bawan finalized its acquisition of engineering company Petronash, strengthening its position in manufacturing and energy-related infrastructure supply chains.

Saudi Arabia’s Mergers and Acquisitions Activity Outpaces Regional Markets

Dealmaking volumes rose four percent in the first quarter, demonstrating continued investor confidence in the Kingdom despite a broader slowdown in regional economic activity.

Saudia Ranked World’s Most Punctual Airline for Operational Performance

Independent aviation monitoring services reported that Saudia achieved the highest on-time arrival and departure performance globally during the previous month, reflecting improvements across the Kingdom’s aviation sector.

Saudi Vehicle Imports Surge as Chinese Automakers Gain Market Share

Trade data showed vehicle imports reaching 1.9 million units over two years, underscoring the rapid expansion of Chinese automotive brands across Saudi Arabia’s passenger and commercial vehicle markets.

Saudi Arabia Launches First Autonomous Hydrogen-Powered Heavy Truck

A coalition backed by the Transport General Authority deployed a self-driving hydrogen-powered freight vehicle with a range of up to 1,500 kilometres, marking a milestone in sustainable logistics and artificial intelligence adoption.

Saudi Arabia’s Foreign Assets Remain Above 1.54 Trillion Riyals

The Saudi Central Bank reported stable foreign reserves, preserving a key financial buffer that supports the currency peg and helps finance the Kingdom’s long-term economic transformation programmes.

Riyadh Air Receives First Boeing Dreamliners Ahead of Commercial Launch

The new national carrier took delivery of its first two Boeing 787-9 aircraft in Riyadh, moving closer to launching passenger services next month and expanding to twenty international destinations by year-end.

Saudi Sovereign Wealth Fund and Talaat Moustafa Group Sign Urban Development Partnership

The Public Investment Fund and Talaat Moustafa Group agreed to explore residential, commercial and hospitality projects across the Kingdom, supporting Vision 2030 goals to diversify the economy and improve urban living standards.

Saudi Arabia and European Union Face Off Over Frozen Funds and Energy Security Priorities

Saudi policymakers continued to emphasize fiscal resilience and long-term investment planning as the Kingdom maintained more than 1.54 trillion riyals in net foreign assets, providing support for major infrastructure projects and macroec...

Saudi Arabia Posts $34 Billion Quarterly Budget Deficit Despite Expanding Non-Oil Economy

The Kingdom recorded a $34 billion fiscal deficit in the first quarter as fluctuating energy revenues and regional geopolitical tensions weighed on public finances, even as tourism and other non-oil sectors continued to grow.

OPEC+ Producers Agree Output Adjustment to Support Stability in Global Oil Markets

Saudi Arabia, Russia and five other OPEC+ members agreed to a collective production adjustment of 188,000 barrels per day from July, signalling a cautious approach to unwinding earlier voluntary supply cuts amid uncertain global demand.

National Housing Program Introduces Incentives to Accelerate Residential Development

New financing facilities and construction incentives for private developers are intended to boost housing supply, meet growing demand, and support the Kingdom’s homeownership objectives.

Saudi Arabia Deepens Defense Cooperation With International Partners

New agreements on military training and technology transfer are intended to strengthen national defense capabilities while supporting the development of domestic military industries.

Kingdom Launches New Urban Sustainability and Planning Initiative

The Ministry of Municipal and Rural Affairs has unveiled a long-term program focused on greener urban development, expanded public transit connectivity, and improved sustainability across major cities.

Saudi Arabia Releases New Ethical Framework for Artificial Intelligence

The National Center for Artificial Intelligence has introduced guidelines governing the development and deployment of AI technologies, aiming to align innovation with international standards and national priorities.

Diriyah Restoration and Tourism Development Projects Reach New Milestones

The Diriyah Gate Development Authority reported progress on the restoration of the historic Al Turaif site and the expansion of luxury hospitality infrastructure designed to showcase Saudi cultural heritage.

Saudi Arabia Advances Regional Water Security and Desalination Projects

The Saudi Water Authority announced new partnerships focused on desalination technology and water resource management, reflecting continued efforts to strengthen long-term water security.

Digital Healthcare Expansion Extends Access Across Saudi Arabia

The Ministry of Health reported the rollout of new telemedicine and digital healthcare platforms across regional hospitals, improving access to medical services and supporting healthcare modernization.

Ministry of Education Partners With Global Institutions on Technical Training

New agreements with international technical universities will establish advanced vocational training centers aimed at preparing workers for growing industrial and technology sectors.

Saudi Arabia Secures New International Sporting Event Commitments

The Ministry of Sport and the Saudi Arabian Olympic Committee have finalized agreements to host additional major international competitions, reinforcing the Kingdom’s strategy of using sport to support tourism and social development.

Saudi Arabia Accelerates Investment in Carbon Capture and Low-Carbon Hydrogen

The Ministry of Energy said the Kingdom is advancing large-scale carbon capture projects alongside new low-carbon hydrogen developments as part of its sustainability and climate objectives.

Public Investment Fund Launches New Program to Support Small Businesses

A new initiative from the Public Investment Fund will provide financial and technical assistance to small and medium-sized enterprises, helping strengthen domestic supply chains and increase private-sector participation in the economy.

Saudi Arabia Expands Direct International Flight Network

The General Authority of Civil Aviation announced additional direct routes connecting major global hubs with Riyadh, Jeddah, and Dammam, supporting tourism growth and business travel.

Saudi Arabia Introduces New Incentives for Technology Firms Establishing Riyadh Headquarters

The Ministry of Investment has unveiled tax incentives and regulatory reforms aimed at attracting international technology companies to set up regional headquarters in Riyadh and expand foreign direct investment.

Neom Announces New Infrastructure Milestones for The Line

The Neom development authority reported progress on utility networks and sustainable transport systems for The Line, marking further advances in one of Saudi Arabia’s flagship urban development projects.

Ministry of Economy Reports Continued Growth Across Non-Oil Sectors

New economic indicators show sustained expansion in logistics, financial services, retail, and other non-oil industries, underscoring the Kingdom’s efforts to diversify its economy under the Vision 2030 program.

Saudi Arabia and Gulf States Intensify Coordination on Regional Security

Saudi leaders held consultations with Gulf Cooperation Council partners focused on maritime safety, regional security cooperation, and efforts to maintain stability amid evolving geopolitical challenges.

Saudi Arabia Reports Strong Growth in International Tourism Arrivals

The Ministry of Tourism said visitor numbers rose significantly across destinations including Riyadh, Jeddah, and AlUla, supported by streamlined visa procedures, expanded flight connections, and major cultural and entertainment events.

Public Investment Fund Broadens Technology Investments Through Global Partnerships

Saudi Arabia’s Public Investment Fund has entered new multi-billion-dollar partnerships with leading international venture capital firms to support investments in artificial intelligence, semiconductor manufacturing, and digital infrastr...

Saudi Arabia and China Sign New Agreements on Advanced Manufacturing and Clean Energy

New trade and investment agreements between Saudi Arabia and China will deepen cooperation in advanced manufacturing, renewable energy infrastructure, and specialized industrial zones, strengthening economic ties between the two countries.

Saudi Arabia Expands Refining Capacity to Boost High-Value Energy Exports

Saudi Aramco has commissioned additional processing infrastructure at key domestic refineries, increasing the Kingdom’s capacity to produce refined petroleum products for international markets and supporting its broader strategy to diver...

Saudi Arabia Strengthens Position in Advanced Manufacturing and Technology Development

Investments spanning aerospace, artificial intelligence, biotechnology, mining and clean energy are accelerating the Kingdom’s efforts to diversify its economy and build new high-value industrial sectors under Vision 2030.

Major International Sporting Events Set for Riyadh and Jeddah

Saudi Arabia has finalized plans to host a series of global competitions, including championship boxing, professional golf and esports events, reinforcing the country’s growing role in international sports and entertainment.

Saudi Press