Saudi Arabia News

Saudi Entertainment Authority Unveils Expanded National Events Calendar

The General Entertainment Authority has announced a larger schedule of international sporting, music and cultural events across Riyadh, Jeddah and AlUla to support growth in the Kingdom's non-oil economy.

Saudi Arabia Awards New Mining Exploration Licenses for Critical Minerals

The Ministry of Industry and Mineral Resources has granted new exploration licenses to international companies targeting critical minerals needed for the energy transition and advanced manufacturing industries.

Saudi Arabia Expands Advanced Technology Training Through Global University Partnerships

The Ministry of Education has signed new agreements with leading international universities to provide training in artificial intelligence, robotics and renewable energy for the future workforce.

Saudi Arabia Introduces New Incentives for Multinational Companies to Base Regional Headquarters in Riyadh

The Ministry of Investment has expanded tax and regulatory incentives to encourage multinational companies to establish regional headquarters in Riyadh, strengthening the capital's position as a regional business center.

Neom Reports Construction Progress on The Line and Oxagon Infrastructure

Neom says major utility networks, transport tunnels and core infrastructure for The Line and the Oxagon industrial hub remain on schedule, providing reassurance over the long-term development of the flagship projects.

Saudi Arabia and China Expand Cooperation on Artificial Intelligence and Digital Infrastructure

Saudi technology authorities and Chinese industry partners have launched a new framework to develop artificial intelligence research centers and cloud computing hubs, advancing the Kingdom's digital transformation strategy.

Saudi Aramco Signs Agreements for Major Solar and Hydrogen Projects in Eastern Province

Saudi Aramco and international partners have finalized plans to develop large-scale solar and hydrogen production facilities, supporting the Kingdom's ambition to expand low-carbon energy exports while meeting rising domestic industrial ...

Public Investment Fund Unveils Multi-Billion-Dollar Digital and Infrastructure Investment Program

The Public Investment Fund will invest billions of dollars in fiber-optic networks, data centers and renewable energy grids to strengthen the infrastructure supporting Vision 2030 giga-projects.

Saudi Arabia Expands Regional Diplomacy and Energy Coordination With Gulf and Asian Partners

Senior Saudi officials have held high-level talks with Gulf Cooperation Council members and key Asian trade partners on regional security, maritime logistics and energy market coordination, reinforcing the Kingdom's focus on regional sta...

Saudi Stock Exchange Sees Major Block Trades Involving Saudi Aramco and Rasan Shares

The Saudi Tadawul exchange recorded several large private negotiated transactions totaling more than 117 million riyals, including block trades in Saudi Aramco and Rasan shares amid shifting energy prices and market valuation adjustments.

Saudi Arabia Highlights Vision 2030 Progress and Sustainability Goals at United Nations Forum in New York

A Saudi delegation presented updates on Vision 2030 initiatives at a United Nations forum in New York, linking the country’s economic diversification and infrastructure development efforts with global sustainability and clean energy obje...

Riyadh Air Launches Direct Boeing 787 Flights Between Riyadh and London Heathrow

Riyadh Air, owned by Saudi Arabia’s Public Investment Fund, has begun passenger services between King Khalid International Airport and London Heathrow using Boeing 787-9 aircraft, expanding the Kingdom’s long-haul aviation network.

Microsoft Appoints Ayman AlGhamdi as Microsoft Arabia President to Expand Saudi Cloud and AI Infrastructure

Microsoft has appointed Ayman AlGhamdi as president of Microsoft Arabia, tasking him with advancing sovereign cloud infrastructure and artificial intelligence capabilities in support of Saudi Arabia’s Vision 2030 digital transformation g...

Saudi Arabia Calls for Global Action at United Nations Over Rising Artificial Intelligence Terrorism Risks

Saudi Arabia has urged the United Nations to coordinate a global response to what it described as the growing use of artificial intelligence by terrorist groups, including Al-Qaeda and the Houthis, calling for expanded international coun...

Saudi Aramco Lowers Official Selling Prices for July Crude Deliveries Across Key Global Markets

Saudi Aramco has reduced official selling premiums for Arab Light crude for July 2026 deliveries across Asia, Europe and the United States, as the company adjusts pricing to seasonal demand conditions and global competition.

Saudi-Led Coalition Warns Houthi Forces of Severe Retaliation Over Renewed Missile Threats

A Saudi-led coalition has warned it will respond with “unprecedented force” against Houthi positions in Yemen if the group carries out threats against Saudi territory or civilian infrastructure, following recent warnings targeting airpor...

Canadian Prime Minister Mark Carney to Visit Jeddah for First Canada-Saudi Leaders Meeting in 26 Years

Canadian Prime Minister Mark Carney and Foreign Minister Anita Anand will travel to Jeddah for talks with Crown Prince Mohammed bin Salman, marking the first visit by a Canadian head of government in 26 years and focusing on artificial i...

Saudi Arabia Reports 6.7 Trillion Riyals in Cumulative Investment as Vision 2030 Progress Reaches 54 Percent

The Ministry of Investment said Saudi Arabia’s total cumulative investment stock reached 6.7 trillion riyals by the end of 2025, representing 54 percent of the 12 trillion riyal target set under the National Investment Strategy through t...

Public Investment Fund Brings Esports World Cup to Paris in First International Edition Outside Riyadh

The 2026 Esports World Cup has opened in Paris for the first time outside Riyadh, marking a shift in the 75 million dollar Saudi-funded tournament as the Public Investment Fund expands its global entertainment and soft power strategy.

Saudi Arabia Captures 95 Percent of Gulf Private Debt Market as Startup Financing Surges Above 4 Billion Dollars

Saudi Arabia now accounts for roughly 95 percent of private debt activity across the Gulf Cooperation Council, with domestic growth capital for startups rising above 4 billion dollars, driven by the Public Investment Fund and Sanabil Inv...

Saudi Arabia Sees First-Quarter Foreign Investment Dip as Sovereign Outflows Rise Sharply

Saudi Arabia recorded 7.1 billion dollars in gross foreign direct investment in the first quarter of 2026, but net inflows declined as the Public Investment Fund increased overseas deployment by more than 50 percent, widening the gap to ...

Saudi Aramco Cancels Ras al-Khair Petrochemical Project and Redirects Investment Toward Asian Expansion

Saudi Aramco has cancelled plans for a 400,000-barrel-per-day petrochemical complex in Ras al-Khair, shifting capital expenditure toward refinery acquisitions and chemical joint ventures in China and other Asian markets.

Public Investment Fund Total Assets Surpass 1.21 Trillion Dollars on Strong Profit Growth and Domestic Investment Drive

Saudi Arabia’s Public Investment Fund reported that assets under management rose to 1.21 trillion US dollars, while net profit more than doubled to 17.3 billion dollars, supported by heavy domestic infrastructure spending and new artific...

Organization of the Petroleum Exporting Countries and Allies Agree to Increase August Crude Production Output to Stabilise Global Markets

Saudi Arabia and six other members of the OPEC Plus alliance have agreed to adjust output upward by 188,000 barrels per day from August 2026, gradually easing voluntary production cuts in a move aimed at supporting stability in global oi...

Saudi Arabia Approves Major Expansion of International Flight Routes for National Carrier

The General Authority for Civil Aviation has approved new international routes for Saudi Arabia’s national airline network. The expansion strengthens connectivity with major global hubs across Europe, Asia, and Africa to support tourism ...

Saudi Arabia Expands Digital Healthcare and Telemedicine Services in Rural Regions

The Ministry of Health has completed a nationwide rollout of digital healthcare services enabling remote medical consultations in underserved areas. The system aims to improve access to specialist care across rural communities.

Saudi Arabia Strengthens Maritime Security Cooperation Across Red Sea Shipping Routes

Saudi Arabia and regional partners have agreed on an enhanced maritime security framework to protect key Red Sea trade corridors. The agreement focuses on safeguarding international shipping lanes and ensuring stability in global maritim...

Saudi Arabia Unveils Major International Exhibition Programme in AlUla

The Ministry of Culture has announced a series of global art and heritage exhibitions in AlUla aimed at attracting international audiences. The programme highlights the region’s historical significance alongside contemporary cultural ini...

Saudi Arabia Launches New Solar and Wind Energy Tender Round

The Ministry of Energy has opened fresh tender rounds for large-scale solar and wind projects as part of its renewable energy expansion programme. The initiative supports national targets to reduce dependence on hydrocarbons in domestic ...

Saudi Ports Record Higher Cargo Volumes and Faster Clearance Times

The Saudi Ports Authority reports increased cargo throughput at key terminals including Dammam and Jeddah. Efficiency gains are linked to automation upgrades and streamlined customs procedures.

Saudi Arabia Opens Research Hub for Arid Agriculture and Water Desalination

The Ministry of Environment, Water, and Agriculture has launched a new research centre focused on drought-resistant crops and advanced desalination technologies. The facility is intended to support long-term food and water security plann...

Saudi Arabia Reports Strong Progress in Private Sector Workforce Nationalization

The Ministry of Human Resources and Social Development says rising numbers of Saudi nationals are entering private sector employment. The programme has met and exceeded targets in several industries under the Vision 2030 labour market re...

Saudi Arabia Deepens Trade and Technology Ties With Southeast Asia

Saudi diplomatic delegations have concluded high-level talks in Singapore and Indonesia focused on expanding trade corridors and investment cooperation. Discussions also covered technology partnerships and shared energy security priorities.

Saudi Arabia Launches Gulf Infrastructure Co-Investment Platform With Global Banks

The Public Investment Fund has partnered with international financial institutions to create a co-investment platform for large-scale infrastructure projects across the Gulf. The initiative will focus on transport, energy, and digital co...

Saudi Arabia Tightens Cloud Computing Regulations to Strengthen Digital Sovereignty

The Ministry of Communications and Information Technology has introduced new rules for cloud service providers operating in the Kingdom. The regulations aim to improve cybersecurity, enhance data sovereignty, and standardize national dig...

Saudi Arabia Expands International Sports and Entertainment Calendar Through Year-End

The General Entertainment Authority has announced a packed schedule of global sporting and cultural events, including boxing, golf, and esports tournaments. The expansion reinforces Saudi Arabia’s strategy to position itself as a leading...

Saudi Arabia Launches Incentives to Boost Domestic Electric Vehicle Manufacturing

The Ministry of Industry and Mineral Resources has introduced new tax incentives and financing schemes to support local production of electric vehicle components. The programme targets batteries, chassis systems, and powertrain manufactu...

Saudi Press