Saudi Press

Saudi Arabia and the world
Thursday, Sep 17, 2026
 English
 English Arabic HebrewHindiTagalogUrdu
Add Your News

PIF Recalibrates NEOM Around Capital Efficiency and More Commercial Projects

Saudi Arabia’s sovereign wealth fund is tightening spending across NEOM, with contracts at Trojena and other developments reduced or terminated while greater near-term emphasis is placed on industrial activity around Oxagon.
Newsletter
Related Articles

Sudair Pharma Plans Major Saudi Insulin Plant for 2027

Sudair Pharma says it will begin domestic insulin production next year at a facility costing more than 280 million riyals, supporting Saudi efforts to localize essential pharmac...

Houthis Claim They Shot Down Saudi F-15 Over Yemen

Houthi forces say they downed a Royal Saudi Air Force F-15 over Marib using a locally produced missile, although Saudi authorities have not independently confirmed the aircraft ...

ADES Completes $285 Million Acquisition of Saipem’s Saudi Drilling Business

Saudi-based ADES has completed its purchase of Saipem’s shallow-water drilling operations in the kingdom, adding a fleet of five jack-up rigs to its offshore portfolio.

Saudi Arabia Advances $18 Billion Data-Center Expansion Plan

The kingdom is targeting 1.3 gigawatts of data-center capacity by 2030 under a national digital-infrastructure program designed to attract hyperscale cloud and artificial-intell...

Saudi AI Company Humain Begins Preparing for Future IPO

The PIF-backed artificial-intelligence company has begun laying the groundwork for a public listing after rapidly expanding partnerships with companies including Nvidia and Amaz...

PIF’s 2026-2030 Strategy Prioritizes Returns, Investment Efficiency and Private Capital

Saudi Arabia’s sovereign wealth fund is entering a new phase that places greater emphasis on sustainable financial returns, disciplined capital allocation and increased particip...

Saudi Oil Cargo Cancellations Force European Refiners to Seek Alternatives

Some late-September Saudi crude shipments to European customers have been canceled or delayed after Yanbu loadings were suspended, pushing refiners to secure replacement supplies.

Saudi Arabia Issues Emergency Alerts in Mecca, Jeddah and Taif

Civil Defense briefly warned residents of possible attacks in the three western cities after a series of Houthi missile and drone strikes, including attacks that injured civilia...

Houthi Advance Raises New Threat to Bab el-Mandeb Shipping

The Houthis’ capture of strategic territory on Yemen’s Red Sea coast, including Mokha and Mayun Island, has increased risks around the Bab el-Mandeb chokepoint and complicated S...

Saudi Arabia and Egypt Coordinate Response to Red Sea Security Crisis

Crown Prince Mohammed bin Salman and Egyptian President Abdel Fattah el-Sisi called for closer coordination to protect Red Sea navigation and regional security as Houthi attacks...

Trump Declines Saudi Request for Direct US Strikes on Houthis

Crown Prince Mohammed bin Salman sought American military assistance as Houthi forces expanded their threat to Red Sea shipping, but Washington opted for intelligence and target...
Saudi Press
Add Your News
Playlist Hide
0:00
0:00
Open
0:00
0:00
Close
Spicy Food Is Linked to Lower Death Risk — but It Is Not a Miracle Cure
Iranian Hackers Shut Down British Power Plant for Four Days in Landmark Cyber Attack
Cristiano Ronaldo and Georgina Rodríguez Sign Prenup Protecting Their Separate Fortunes
Google Launches Pixel 11 With Gemini AI at the Center of Its Hardware Strategy
Turkish Parliament Passes Landmark Bill Granting Conditional Amnesty to Disarmed PKK Members
Jorge Messi, Lionel Messi’s Father and Longtime Agent, Dies at 68
AI’s Next Bottleneck Is Power, Not Just Nvidia Chips
Meta Raises AI Spending Target to as Much as $145bn Despite Pressure Over Returns
Joe Biden’s Cancer Has Spread Beyond His Bones, Hunter Biden Says
Why 2027 Could Be a Strong Year for Stocks—and Why the Forecast Is Fragile
Why Markets May Look Quiet in August After Big Tech Earnings
Trump’s Top General Seeks an Exit Strategy From Iran War, Report Says
Brock Lesnar Retires From Wrestling, Closing a Career of Rare Athletic Range and Lasting Controversy
UFO: Pentagon Releases Video of Unidentified Object Tracked Over Middle East
Ukraine Tells Senate Republicans Its Drone War Offers a Blueprint for America
Weight-Loss Drug Boom Tests the Limits of Prescription Advertising Rules
Saudi Arabia, Turkey and Pakistan Sign Mutual-Defence Pact
AI Is Remaking the US Economy, From GDP Growth to iPhone Prices
A SpaceX Rocket Is About to Crash Into the Moon — and Scientists Hope to Watch
Modern Slavery Decisions Broaden the Al Fayed Inquiry’s Frame
FIFA’s Retreat Leaves a Larger Question Over Who Guards the Game
Finland Deploys Commercial-Scale Thermal Batteries Using Crushed Rock to Store Renewable Grid Energy
Valued at $109 Million: F-35B Fighter Jet Crashes in Southern California
US Says It Has Carried Out Heavy Strikes on Iran After Attempted Attacks on Its Forces
Over 24 Hours in the Air: Qantas Airbus Completes Record-Breaking Test Flight
Arrest Warrant Issued in Lebanon for Tycoon Spotted Meeting Netanyahu in Washington
Trump says Israel ‘would not survive’ without US
Nvidia Reportedly Takes Vast Texas Data-Centre Lease to Underwrite AI Expansion
FIFA’s Private-Investment Plan for World Cup Rights Draws European Revolt
Following OpenAI's Cyberattack: 'Most Companies Still Do Not Understand What Is Coming'
OpenAI Sued After ChatGPT Allegedly Discouraged Emergency Care Before Near-Fatal Embolism
Miliband Sets Climate and International Law at Centre of UK Diplomacy
Pentagon Discloses Nearly 100 US Troop Injuries During Renewed Iran Fighting
Trump Readies New Tariffs as Temporary Global Levy Nears Expiry
High Prices Push Coffee Drinkers Toward Whole Beans and Home Brewing
Trump Draws Boos and Podium Scrutiny at Spain’s World Cup Triumph
Spain Defeats Argentina in Extra Time to Win Second World Cup
Turkey Explores S-400 Transfer to UAE in Bid to Rejoin F-35 Program
US Retaliates Against Iran After Two American Troops Killed in Jordan
Proposed U.S.-Saudi Nuclear Pact Could Permit Limited Uranium Enrichment Under International Safeguards
Why Kentucky Fried Chicken Became KFC—and Why the False Explanations Persist
Iran Claims It Destroyed Bahrain’s Main Artificial Intelligence Center in Missile and Drone Strike
Ukrainian Drones Strike Wildberries Warehouses Deep Inside Russia
Reported CIA Mission Helped Clear the UAE’s Path to Advanced US AI Chips
Artificial Intelligence Capital Fuels Markets While Governments and Regulators Face Mounting Strategic Tests
China’s Moonshot’s Kimi K3 Narrows the Gap With Anthropic Through Scale, Openness and Lower Cost
Gold and Cash Seizure Puts Indonesia’s Senior Anti-Corruption Prosecutor Under Investigation
The Ledger Will Not Trust on Faith
Passenger Bound for Germany Refused to Sit Beside a Woman on a Plane — Then Slapped a Flight Attendant
Ukraine’s Leadership Rift Spills Into the Streets as Protesters Target Army Chief
×