Saudi Arabia News

Saudi Arabia Reports Continued Decline in Youth Unemployment as Private Hiring Rises

The General Authority for Statistics reported that unemployment among Saudi nationals continues to fall, supported by increased private sector recruitment and government labor market reforms.

Saudi Education Ministry Launches Global Research Partnerships in Strategic Sciences

Saudi Arabia’s Ministry of Education has introduced twenty research fellowship programs with leading international universities to strengthen work in biotechnology, materials science, and advanced energy research.

Saudi Wildlife Authority Expands Conservation Programs Across New Protected Areas

The National Center for Wildlife has launched new biodiversity initiatives covering ten additional protected areas, focusing on native species protection and habitat restoration under the Saudi Green Initiative.

Saudi Arabia Expands Red Sea Maritime Security Cooperation With Regional Partners

Saudi naval authorities and regional counterparts have conducted joint maritime security exercises aimed at protecting key shipping routes and commercial transit corridors in the Red Sea.

Saudi Investment Ministry Attracts More Multinational Headquarters Commitments in Riyadh

Saudi Arabia’s Ministry of Investment said new incentives for regional headquarters have secured more than fifty corporate commitments over the past six months, supporting Riyadh’s ambition to attract international businesses.

Saudi Central Bank Introduces New Rules to Accelerate Digital Banking and Fintech Growth

The Saudi Central Bank has finalized a regulatory framework simplifying requirements for digital banks and fintech companies as the Kingdom pushes toward greater financial technology adoption.

King Abdullah Port Records Highest Container Volumes as Saudi Logistics Sector Expands

Saudi Ports Authority data shows King Abdullah Port achieved record container throughput in the second quarter of 2026, highlighting continued investment in Saudi Arabia’s maritime logistics infrastructure.

Riyadh Season Expands International Entertainment Program With New Events and Venues

Saudi Arabia’s General Entertainment Authority is expanding plans for the upcoming Riyadh Season with more international sports, music, and theatrical events to support cultural tourism growth.

Saudi Arabia Expands International Hydrogen Research Partnerships to Develop Clean Energy Exports

The Ministry of Energy has signed three international research agreements focused on low-carbon hydrogen technologies as Saudi Arabia seeks to build future export capabilities in clean energy and hydrogen-based products.

Public Investment Fund Creates $1 Billion Venture Capital Program for Saudi Startups

Saudi Arabia’s sovereign wealth fund has launched a new venture capital initiative focused on early-stage technology companies, providing funding support for domestic startups in emerging sectors.

Saudi Arabia Launches Vocational Training Programs to Support National Workforce Development

The Ministry of Human Resources and Social Development has introduced new training programs for Saudi citizens in advanced manufacturing, renewable energy maintenance, and hospitality to support employment goals under Vision 2030.

Saudi Arabia Strengthens African Partnerships on Food and Energy Security

Saudi officials have concluded talks with East African partners focused on agricultural investment and food supply cooperation as the Kingdom works to secure long-term access to essential resources.

Saudi Arabia Grants New Mining Licenses to Expand Gold, Copper and Rare Earth Exploration

The Ministry of Industry and Mineral Resources has issued ten new exploration licenses for strategic mineral deposits as Saudi Arabia seeks to increase domestic supplies for future industrial and technology sectors.

Saudi Arabia Reports Strong Tourism Growth With Nine Million International Visitors in Second Quarter

The Saudi Ministry of Tourism recorded more than nine million international visitors during the second quarter of 2026, with growth supported by destinations including AlUla and the Red Sea region as well as expanded international air co...

Saudi Aramco Builds Asian LNG Presence Through New Infrastructure Partnership

Saudi Aramco has signed a long-term agreement with an Asian energy company to develop liquefied natural gas storage and regasification infrastructure, expanding the Kingdom’s role in global natural gas markets and deepening energy ties w...

Public Investment Fund Expands Renewable Energy Strategy With European Battery Storage Investment

Saudi Arabia’s Public Investment Fund has acquired a significant minority stake in a European renewable energy infrastructure developer, strengthening efforts to secure advanced battery storage expertise for the Kingdom’s long-term energ...

Saudi Arabia Advances Gulf Trade Integration With Automated Customs Transit System Initiative

Saudi Arabia’s Ministry of Finance and customs authorities are finalizing a Gulf Cooperation Council automated cross-border transit system designed to reduce logistics delays and support higher non-oil trade flows with regional partners.

Saudi Crown Prince Invites Bangladesh Leader to Riyadh for Expanded Strategic Partnership Talks

Crown Prince Mohammed bin Salman has invited Bangladesh’s prime minister to Saudi Arabia as both countries seek to strengthen economic ties, trade cooperation and potential Saudi investment in South Asian infrastructure.

Saudi Construction Sector Records Nearly $8 Billion in June Contract Awards Led by Major Developers

Saudi Arabia’s construction industry secured 25 major projects worth nearly 29.5 billion riyals in June, with the National Housing Company and Saudi Aramco driving much of the new infrastructure and real estate activity.

IMF Praises Saudi Economic Strength but Calls for Continued Fiscal Discipline

The International Monetary Fund said Saudi Arabia’s economy has maintained strong non-oil growth and logistical stability despite regional disruptions, while warning that prolonged Middle East tensions could affect investment and require...

Saudi Arabia Sees Net Foreign Investment Decline as Public Investment Fund Expands Overseas Activity

Saudi Arabia reported higher gross foreign direct investment of $7.1 billion in the first quarter of 2026, but net investment fell as capital outflows increased by more than 50%, highlighting challenges in attracting domestic investment ...

Saudi Arabia Names Artificial Intelligence a National Infrastructure Priority at Riyadh Technology Summit

Saudi officials and technology leaders outlined plans to move from experimental AI projects to nationwide deployment of sovereign cloud systems and Arabic-language models, supported by a new initiative aimed at backing 100 AI startups by...

Saudi Arabia and Bahrain Coordinate Response After Iran Introduces Strait of Hormuz Transit Fees

Saudi and Bahraini foreign ministers held urgent talks in Riyadh after Iran announced permanent transit charges for vessels passing through the Strait of Hormuz, raising concerns over the impact on regional energy exports and shipping co...

Saudi Aramco Cuts Asian Crude Prices by Record Amount as Global Supply Pressures Intensify

Saudi Aramco has reduced the official selling price of its Arab Light crude for Asian customers by as much as $11 per barrel, marking the company’s largest monthly price cut since 2000 amid stronger global supply and weaker market premiums.

Saudi Arabia Allocates $16 Billion to Manage Neom Contract Cancellations as Megaproject Scope Is Reduced

The Saudi government has set aside about $16 billion between 2026 and 2030 to compensate contractors affected by early terminations at Neom, as Riyadh shifts focus from the original scale of The Line toward the Oxagon industrial zone and...

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 Export-Import Bank Expands Financial Support for Non-Oil Exporters

The Saudi Export-Import Bank has introduced new financing and credit insurance products for small and medium-sized manufacturers to encourage exports to emerging markets in Asia and Africa.

Saudi Arabia Increases Funding for Heritage Conservation in AlUla and Qassim

The Ministry of Culture has announced additional investment to restore historic landmarks in AlUla and the Qassim region, supporting the continued growth of cultural tourism.

Saudi Arabia Accelerates Construction of New International Airport Terminals

The General Authority of Civil Aviation says work is progressing on new international terminals at several regional airports to increase passenger capacity under the National Aviation Strategy.

National Water Company Expands Desalination and Wastewater Capacity

The National Water Company says new desalination plants and wastewater treatment facilities in the Western Province are now operational, increasing water security for tourism, agriculture and local communities.

Saudi Arabia Expands Investment in Digital Healthcare and Medical Research

The Ministry of Health plans to digitize health records nationwide and increase investment in medical research facilities to improve healthcare services and strengthen the Kingdom's life sciences sector.

Saudi Arabia Deepens Energy Transition Cooperation With African Partners

Saudi energy officials have opened a new round of discussions with African counterparts on electricity infrastructure investment, renewable energy development and energy transition technologies.

Saudi Arabia Launches Urban Modernization Projects Across Major Cities

The Ministry of Municipal and Rural Affairs has begun new urban development programs in Dammam, Abha and Hail focused on parks, pedestrian infrastructure and smart city services to improve quality of life and municipal efficiency.

Public Investment Fund Expands Stake in Global Logistics Company

The Public Investment Fund has increased its investment in an international logistics provider to deepen Saudi Arabia's integration into global supply chains linking Asia, Africa and Europe.

Saudi Defense Forces Complete Joint Red Sea Maritime Security Exercises

The Ministry of Defense has concluded joint maritime exercises with allied nations in the Red Sea to strengthen readiness and safeguard international shipping routes and regional maritime interests.

Saudi Arabia and Japan Launch Semiconductor and Advanced Technology Partnership

Saudi Arabia and Japan have agreed to strengthen academic and industrial cooperation in semiconductor research and next-generation computing as the Kingdom works to expand its domestic technology sector.

Saudi Tourism Exceeds Second-Quarter International Visitor Forecasts

The Ministry of Tourism says overseas visitor arrivals surpassed expectations during the second quarter, supported by expanded international flight capacity to Riyadh and Jeddah and the opening of new luxury hospitality destinations.

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 Press