Saudi Press

Saudi Arabia and the world
Friday, Aug 21, 2026
 English
 English Arabic HebrewHindiTagalogUrdu
Add Your News

PIF’s 2026–2030 Strategy Shifts Focus Toward Value Creation and Domestic Economic Ecosystems

Saudi Arabia’s Public Investment Fund has published a new five-year strategy emphasizing value realization across tourism, urban development, advanced manufacturing and renewable energy as the Kingdom seeks to deepen domestic economic diversification.
Newsletter
Related Articles

Saudi Arabia Expands Desalination and Wastewater Infrastructure to Strengthen Long-Term Water Security

The National Water Company is committing billions of riyals to additional seawater desalination capacity and upgraded pipeline networks across central and western Saudi Arabia t...

King Salman Energy Park Expands Manufacturing and Logistics Operations in Saudi Arabia’s Eastern Province

Development at the King Salman Energy Park is accelerating, with rising tenant occupancy and completed infrastructure strengthening the specialized industrial zone’s role as a m...

Saudi Arabia Expands Renewable Energy and Grid-Scale Battery Investments

The Saudi Ministry of Energy is allocating capital to utility-scale solar, wind and advanced battery storage projects intended to strengthen domestic power grids and expand clea...

Saudi Arabia’s Tourism Sector Reports Strong Growth in International Arrivals and Hospitality Revenue

Tourism indicators show continued year-on-year increases in international visitors and hospitality revenue across Riyadh, Jeddah and the Red Sea coast, strengthening tourism’s r...

Saudi Aramco Expands Artificial Intelligence Use in Oil Exploration and Reservoir Modeling

Saudi Aramco is deploying high-performance computing and proprietary artificial intelligence systems to improve reservoir analysis and exploratory drilling while seeking to redu...

Saudi Arabia Accelerates Major Infrastructure Projects Across Riyadh and Regional Corridors

Government authorities and regional development agencies are increasing investment in transport, urban renewal and public transit networks as Saudi Arabia continues building inf...

Saudi Arabia and Sudan Establish Coordination Council to Strengthen Red Sea Cooperation

Saudi and Sudanese officials have signed an agreement in Riyadh creating a joint council to expand cooperation across ten economic sectors while strengthening maritime security ...

Neom Recalibrates Selected Projects After More Than Fifty Billion Dollars in Construction Spending

Project assessments and international financial reports indicate that Neom construction spending has exceeded fifty billion dollars, followed by selective contract wind-downs an...

Saudi Aramco and Ma’aden Form Joint Venture to Explore Copper and Critical Minerals

Saudi Aramco and Saudi Arabian Mining Company have agreed to establish a fifty-one-to-forty-nine joint venture focused on copper and energy-transition mineral exploration across...

Saudi Reinsurance Reports One Hundred and Eighteen Percent Profit Increase in Second Quarter

Saudi Reinsurance reported second-quarter net profit of one hundred and fifteen million Saudi Riyals, supported by stronger premium growth in domestic and international markets ...

Saudi Arabia Raises U.S. Treasury Holdings Above One Hundred and Forty-Two Billion Dollars

Saudi Arabia increased its holdings of United States government debt by one point six percent, taking its Treasury holdings above one hundred and forty-two billion dollars as th...
Saudi Press
Add Your News
Playlist Hide
0:00
0:00
Open
0:00
0:00
Close
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
The Ten World Cup Finals That Defined Football History
Smartphones Are Getting More Expensive, Sales Are Collapsing, and Even Apple Admits: "Prices Will Rise"
×