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Monday, Jun 01, 2026
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King Abdullah Economic City Positioned as Red Sea Logistics Hub

The Ministry of Investment is intensifying efforts to attract manufacturing and logistics companies to King Abdullah Economic City as global supply chains seek alternatives to congested Gulf shipping routes.
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Public Investment Fund Uses FIFA World Cup Sponsorship to Expand Global Presence

The sovereign wealth fund is preparing to leverage its official supporter status for the 2026 FIFA World Cup to strengthen Saudi Arabia’s international profile and sports diplom...

Saudi Water Authority Expands Solar-Powered Desalination Capacity

New low-emission desalination projects along the Red Sea coast are intended to support population growth, large-scale developments and long-term water security objectives.

Riyadh Advances Urban Cooling Project to Reduce Heat Exposure

Authorities are preparing a major urban climate initiative involving tree planting, cooling materials and water-based mitigation measures aimed at lowering temperatures across t...

Saudi Arabia Expands Residential Construction to Support Homeownership Goals

Roshn Group is accelerating development of integrated housing communities nationwide as the Kingdom works toward its target of raising homeownership rates to 70 percent by 2030.

Public Investment Fund to End Financial Support for LIV Golf After 2026

The sovereign wealth fund plans to conclude its backing of the LIV Golf circuit after the 2026 season, signaling a shift toward domestic sports investments and commercially sust...

Kingdom Holding Acquires Controlling Stake in Al-Hilal Football Club

Kingdom Holding Company has agreed to purchase a 70 percent stake in Al-Hilal from the Public Investment Fund, advancing the commercialisation and private-sector participation g...

Saudi Venture Capital Fund Jada Expands Support for Startups

Jada has deployed additional capital across private equity and venture funds, strengthening financing opportunities for technology startups and small businesses across the Kingdom.

Saudi Sovereign Wealth Fund Maintains Selective Global Equity Holdings

Recent regulatory filings show the Public Investment Fund retaining major positions in companies including Lucid Group, Uber Technologies and Electronic Arts while directing a g...

Riyadh Air Accelerates Preparations for Commercial Launch

Saudi Arabia’s new national carrier is advancing fleet readiness, route planning and international partnerships as it prepares to support the Kingdom’s tourism and aviation grow...

Saudi Aramco and STC Expand Artificial Intelligence Infrastructure

Saudi Aramco and Solutions by STC are deploying a new high-performance computing platform designed to improve hydrocarbon exploration and support the Kingdom’s broader artificia...

Saudi Arabia Launches Region’s First Commercial Quantum Computing Platform

The Kingdom has introduced commercial quantum computing services in partnership with French technology company Pasqal, giving businesses and researchers access to advanced compu...
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