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Wednesday, Jun 10, 2026
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Public Investment Fund Approves New Five-Year Strategy to Accelerate Economic Diversification

Saudi Arabia's sovereign wealth fund adopted a new investment framework for 2026-2030 that reorganizes its $900 billion portfolio and aims to expand private-sector participation across the economy.
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King Salman Sends Condolences to the Philippines After Deadly Earthquake

Saudi Arabia's leadership expressed sympathy and support following the devastating earthquake in the Philippines, underscoring the kingdom's commitment to humanitarian solidarit...

Saudi Arabia Funds Digital Skills Program for Yemeni Teachers

Saudi aid agencies launched a training initiative for 500 educators in Yemen, providing technology-focused instruction intended to strengthen educational capacity and support re...

Muslim World League Calls for Greater Interfaith Cooperation Amid Global Tensions

The Saudi-based organization's secretary-general urged stronger religious dialogue and international cooperation, arguing that engagement across faiths is essential to counter e...

Riyadh Art Unveils New Landmark Installation as Capital Transformation Continues

A major public artwork integrated into a pedestrian bridge has been inaugurated under the Riyadh Art program, supporting efforts to enhance urban livability and expand cultural ...

Saudi Arabia Launches First National Water Week Focused on Sustainability and Innovation

Government agencies, industry leaders and international experts gathered in Riyadh to discuss desalination technology, water efficiency and long-term resource management in a re...

Public Investment Fund Partners With Talaat Moustafa Group on Major Urban Developments

The sovereign wealth fund signed a memorandum of understanding to jointly develop large mixed-use projects, supporting housing, commercial growth and broader urban transformatio...

Saudi Tax Authority Extends Corporate Amnesty Program Through Mid-2026

The Ministry of Finance prolonged its penalty exemption initiative for another six months, offering businesses additional time to resolve tax obligations and improve compliance ...

Saudi Arabia and Turkey Sign Rail Cooperation Agreement to Strengthen Trade Links

Transport authorities from both countries finalized a strategic partnership aimed at expanding rail connectivity and supporting growing regional trade and industrial supply chains.

OPEC+ Approves Modest Increase in Oil Production for July

The producer alliance agreed to raise output by 188,000 barrels per day next month, although analysts note that ongoing export disruptions and maritime security concerns continu...

Saudi Aramco Cuts July Oil Prices for Asia More Than Expected

Saudi Aramco lowered the official selling price of its flagship Arab Light crude for Asian customers by $6 per barrel, reflecting changing market conditions, refining margins an...

Riyadh Air Receives First Boeing 787 Dreamliner Ahead of Commercial Launch

The Public Investment Fund-backed carrier took delivery of its first Boeing 787-9 aircraft, marking a key milestone as it prepares to begin operations and support Saudi Arabia's...
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