Saudi Arabia News

Saudi Housing Minister Leads Infrastructure and Smart City Mission to China

Minister of Municipalities and Housing Majed Al-Hogail traveled to Beijing to launch the Saudi-Chinese Contractors Forum, seeking partnerships in urban development, infrastructure construction and smart city technologies aligned with Vis...

Saudi Pro League Expands International Broadcast Reach Across Asia and South America

The Saudi Pro League signed a multi-year broadcasting agreement that will increase the availability of its matches across key markets in Asia and South America, building on rising international interest in the competition.

Riyadh Completes Preparations for Inaugural Esports World Cup

The Saudi Esports Federation said competition venues, broadcasting infrastructure and hospitality facilities are fully operational ahead of the inaugural Esports World Cup in Riyadh.

Saudi AI Startup Secures Record Funding Round Led by Sanabil Investments

A Riyadh-based artificial intelligence company focused on Arabic natural language processing raised a record Series B investment round backed by Sanabil Investments, underscoring growing investor interest in Saudi technology ventures.

Saudi Desalination Authority Opens High-Efficiency Red Sea Facility

The Saline Water Conversion Corporation commissioned a new reverse-osmosis desalination plant on the Red Sea coast, strengthening water supplies for expanding developments while emphasizing energy efficiency.

Diriyah Signs Five Luxury Hotel Agreements to Expand Cultural Tourism Capacity

The Diriyah Gate Development Authority reached agreements with five international hospitality operators, increasing premium accommodation around the historic At-Turaif district as part of broader cultural tourism development plans.

Saudi Tourism Minister Calls for Greater International Cooperation at UN Gathering in Spain

Tourism Minister Ahmed Al-Khateeb urged countries attending the United Nations Tourism Executive Council meeting in Toledo to adopt the Riyadh Declaration framework and signed new cooperation agreements with European partners.

Saudi Arabia Suspends Pallet Requirements for Container Imports to Ease Logistics Costs

The Saudi Ports Authority removed mandatory palletization requirements for containerized cargo, a move intended to streamline supply chains and reduce operational costs for importers and logistics providers.

Saudi Exchange Launches New Derivatives Products to Attract Global Investors

Tadawul introduced additional equity derivatives and enhanced short-selling mechanisms designed to improve market liquidity and encourage greater participation from international institutional investors.

Riyadh Air Unveils Long-Haul Network Ahead of Commercial Launch

Riyadh Air announced its first long-haul routes linking the Saudi capital with major destinations across Asia and Europe as the carrier prepares to begin operations in the competitive Gulf aviation market.

Ceer Motors Advances Electric Vehicle Production Through New Supplier Agreements

Saudi Arabia's electric vehicle manufacturer Ceer Motors signed a series of procurement and technology agreements with international suppliers to accelerate the development of assembly and battery production facilities in King Abdullah E...

Neom Accelerates Construction of Trojena and Sindalah Tourism Projects

Neom's board approved faster construction schedules and additional financing arrangements for the Trojena mountain resort and Sindalah island development as Saudi Arabia expands its luxury tourism offering.

ACWA Power Reaches Financial Close on Major Solar Project in Eastern Province

ACWA Power secured financing for a large-scale solar photovoltaic facility in the Eastern Province, supporting Saudi Arabia's goal of generating half of its electricity from renewable sources by the end of the decade.

Public Investment Fund and Health Ministry Launch Biotechnology and Vaccine Manufacturing Hub

The Public Investment Fund and the Ministry of Health announced plans for a major biotechnology campus in Riyadh aimed at localizing the production of vaccines, advanced therapeutics and genomic medicine.

Saudi Arabia and Kazakhstan Expand Cooperation in Critical Minerals and Mining

The Ministry of Industry and Mineral Resources signed a new agreement with Kazakhstan to strengthen collaboration in the exploration, extraction and processing of critical minerals used in energy transition technologies and battery manuf...

Saudi Arabia and Russia Sign $1.28 Billion in Economic Agreements at Saint Petersburg Forum

Saudi and Russian delegates concluded 13 agreements worth $1.28 billion at the Saint Petersburg International Economic Forum, focusing on energy investment and industrial cooperation.

Saudi Arabia Reports Record Foreign Direct Investment as Multinationals Shift Regional Headquarters to Riyadh

The Ministry of Investment said foreign direct investment inflows reached record levels in the first half of the year, driven by the relocation of hundreds of multinational regional headquarters to Riyadh under government procurement rules.

Saudi Aramco and Public Investment Fund Launch Major Artificial Intelligence Infrastructure Initiative

Saudi Aramco and the Public Investment Fund announced a multibillion-dollar program to build next-generation data centers and develop proprietary artificial intelligence models as the Kingdom expands its digital economy ambitions.

Saudi Arabia and Qatar Back Prospective US-Iran Peace Agreement to Reopen Strait of Hormuz

Saudi Foreign Minister Prince Faisal bin Farhan and Qatari Prime Minister Sheikh Mohammed bin Abdulrahman Al Thani expressed strong support for an anticipated agreement between the United States and Iran, which they expect will help rest...

Saudi Arabia Expands Renewable-Powered Tourism and Sustainability Initiatives

A series of new environmental, tourism and technology projects continues to support Vision 2030 goals aimed at broadening economic activity beyond the oil sector.

Red Sea Global Launches In-House Music Label for Tourism Projects

The developer released its second proprietary music album, creating original soundtracks intended for use across its luxury resorts and electric vehicle fleets.

Public Investment Fund Reduces Financial Support for LIV Golf

The sovereign wealth fund has reportedly scaled back funding commitments to LIV Golf, prompting the league to seek new investors and adjust its long-term operating model.

KAUST Develops Dust-Resistant Solar Technology for Desert Environments

Researchers at King Abdullah University of Science and Technology successfully tested a new solar panel coating designed to improve efficiency and reduce maintenance costs in harsh desert conditions.

Saudi Wildlife Authority Expands Protected Nature Reserves

New wildlife sanctuaries have been established to preserve native species while supporting eco-tourism development as part of the Kingdom’s economic diversification plans.

Gallagher Acquires Majority Stake in Saudi Reinsurance Business

The global insurance broker increased its presence in Saudi Arabia by taking control of ACE Gallagher, positioning itself to benefit from growing demand for risk management and reinsurance services.

Red Sea Global Achieves Major Carbon Emissions Reduction Milestone

Independent audits found the flagship Red Sea tourism destination avoided more than 100,000 tonnes of carbon emissions over the past year by operating entirely on solar energy and battery storage systems.

Saudi Arabia Secures Expanded Cooperation With UN World Food Programme

Officials from the King Salman Humanitarian Aid and Relief Centre held high-level talks with the World Food Programme to reinforce cooperation on food assistance and humanitarian logistics across conflict-affected regions.

Red Sea Global Reopens Expanded AlWajh International Airport

The upgraded airport in Tabuk has increased passenger capacity fivefold, supporting the rollout of luxury tourism destinations and the Kingdom’s broader tourism growth strategy.

Saudi Arabia Extends Corporate Tax Amnesty Program Through June

The Zakat, Tax and Customs Authority prolonged its penalty exemption initiative, giving businesses and investors additional time to resolve outstanding tax obligations without facing significant financial penalties.

King Faisal Specialist Hospital Expands Artificial Intelligence Use in Healthcare

The hospital announced the deployment of a large-scale AI and predictive analytics platform that has reduced emergency waiting times and improved patient care management across its operations.

Saudi Arabia Strengthens Global Space Role Through United Nations Leadership Appointment

The Kingdom secured a senior position within a key UN space governance body, expanding its influence in international discussions on satellite regulation and future lunar exploration.

Saudi Crown Prince Declines Invitation to Attend G7 Summit

The Royal Court said Crown Prince Mohammed bin Salman thanked French President Emmanuel Macron for the invitation but will not attend the upcoming G7 gathering because of domestic commitments and regional priorities.

Riyadh Air Completes First International Commercial Flight to London

Saudi Arabia’s new national carrier successfully operated its inaugural international service between Riyadh and London, marking an important step in the airline’s broader global expansion plans.

Saudi Arabia Maintains Push to Attract Foreign Investment Through New Property Rules

The Ministry of Investment has issued updated guidance for foreign corporate real estate ownership, outlining regulatory pathways intended to make the Kingdom more accessible to international investors.

Saudi Sovereign Wealth Fund Assets Reach $910 Billion

New Vision 2030 figures show the Public Investment Fund managed more than $910 billion in assets at the end of last year, underscoring its central role in funding major domestic projects and technology investments.

Saudi Aramco Advances Fourth Expansion Phase of Jafurah Gas Development

Saudi Aramco and its contractors have begun construction on the latest phase of the Jafurah project, strengthening the Kingdom’s ambitions to expand natural gas production and meet growing industrial demand.

Saudi Arabia Signals Possible Shift in Energy Exports as China Oil Purchases Decline

Chinese refiners have reduced planned purchases of Saudi crude while disruptions linked to the Strait of Hormuz closure force more exports through Red Sea routes, increasing logistics costs and adding pressure to global energy markets.

IMF Highlights Saudi Economic Strength as Non-Oil Growth Gains Momentum

The International Monetary Fund said Saudi Arabia recorded 4.5% GDP growth last year, supported by domestic demand and diversification efforts that helped cushion the economy from regional geopolitical disruptions and shipping challenges.

Saudi Arabia Faces Neom Cost Pressures as Project Priorities Are Scaled Back

Developers behind Neom have reportedly allocated $16 billion over the next five years for contractor termination costs, reflecting efforts to reprioritize parts of the Vision 2030 agenda as the Kingdom manages widening fiscal deficits.

0Saudi Arabia Launches $100 Billion Artificial Intelligence Investment Drive

The Public Investment Fund and newly established HUMAIN platform unveiled a sweeping investment program focused on advanced data centers, semiconductor supply chains and sovereign Arabic-language artificial intelligence models developed ...

General Entertainment Authority Expands Riyadh Season and Jeddah Calendar

Saudi Arabia’s General Entertainment Authority has unveiled an enlarged programme of concerts, theatre productions, and international festivals for the upcoming winter season. Officials expect the events to attract millions of visitors a...

Riyadh Hosts Record-Breaking Global Esports Championship Finals

Saudi Arabia’s flagship esports competition concluded in Riyadh with record participation and the largest prize pool in the sector’s history. The event further strengthens the Kingdom’s position in international gaming, digital entertain...

Saudi Agricultural Sector Cuts Water Use Through AI-Powered Irrigation Systems

The National Agricultural Development Company reported that artificial intelligence-based irrigation and soil monitoring systems have reduced agricultural water consumption by 15%. Officials said the technology supports long-term food se...

Saudi Arabia Expands University Scholarships in Aerospace and Renewable Energy

The Ministry of Education has introduced new international scholarship programmes focused on aerospace engineering, renewable energy technology, and advanced materials science. The initiative is designed to develop skills needed for futu...

Diriyah Signs New Luxury Hospitality Agreements Around UNESCO Heritage Site

The Diriyah Gate Development Authority has reached agreements with international hotel operators to develop boutique luxury properties around the historic At-Turaif UNESCO World Heritage site. The projects form part of Saudi Arabia’s lon...

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