Saudi Press

Saudi Arabia and the world
Monday, Jun 01, 2026
 English
 English Arabic HebrewHindiTagalogUrdu
Add Your News

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 diplomacy efforts.
Newsletter
Related Articles

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...

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 c...

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...
Saudi Press
Add Your News
Playlist Hide
0:00
0:00
Open
0:00
0:00
Close
Japanese Technology Firm Fujitsu Launches Advanced Artificial Intelligence Tool for Corporate Disclosures
South Africa Officially Launches Nationwide Campaign for Highly Contested Local Government Elections
United Kingdom Commits Additional Funding for Unexploded Ordnance Clearance in Laos
Singapore Announces Stringent New Greenhouse Gas Regulations for Commercial Cooling Systems
Cambodia and Thailand Hold High-Level Border Security Talks at United Nations Headquarters
Myanmar Military Government and China Sign Major Agreement to Upgrade Media and Cultural Cooperation
Knife Attack at Swiss Train Station Leaves Three Injured in Suspected Act of Domestic Terrorism
Transnational Extortion Gang Threatens Canadian Police With Army of One Thousand Armed Operatives
Australia Imposes Forty-Two-Day Quarantine on Cruise Ship Passengers Following Deadly Hantavirus Outbreak
International Monetary Fund Unlocks Seven Hundred Million United States Dollars for Sri Lanka Following Economic Reforms
Australia Launches Record One Point Four Billion Dollar Lawsuit Against Chemical Giant 3M Over Contamination
China and Canada Foreign Ministers Meet in Ottawa in Effort to Stabilize Strained Diplomatic Ties
Indonesia Demands Urgent United Nations Security Council Reform Amid Escalating Global Conflicts
Extreme Weather Patterns Trigger Severe Drought in Madagascar and Destructive Flooding in East Africa
Indian State of Karnataka Faces Political Upheaval as Chief Minister Siddaramaiah Abruptly Resigns
Philippines and Japan Reaffirm Defense Ties as Crucial for Indo-Pacific Regional Stability
Norway Joins French Nuclear Deterrence Initiative in Major Shift for European Security Architecture
Global Critical Mineral Alliances Expand as Western Nations Move to Counter Chinese Supply Dominance
United States Imposes Fifty Percent Tariffs on Mexican Steel and Aluminum Ahead of Trade Pact Review
European Union and China Head Toward Major Trade Conflict Over Clean Technology Exports
United States Economic Growth Severely Downgraded to One Point Six Percent as Stagflation Fears Mount
World Health Organization Warns Central African Ebola Epidemic is Outpacing Containment Efforts
United States Treasury Department Conditions Sanctions Relief on Reopening of the Strait of Hormuz
Iranian Air Defenses Intercept and Destroy United States Military Drone Over Bushehr Province
Iranian Armed Forces Launch Ballistic Missiles Toward Unspecified Targets Prompting Regional Condemnation
United Nations Secretary-General Warns Global Order Facing Highest Level of Conflict Since 1945
Israel Issues Sweeping Evacuation Orders in Southern Lebanon Amid Intensified Hezbollah Conflict
Russia Announces Systemic Military Strikes Targeting Ukrainian Defense and Energy Infrastructure
United States and Iranian Negotiators Reach Draft Agreement to Extend Ceasefire and Resume Nuclear Talks
United Nations Security Council Deeply Divided Over United States Capture of Venezuelan President
US and Iran Exchange Direct Military Strikes Amid Fragile Gulf Ceasefire
World Health Organization Warns of Catastrophic Ebola Outbreak in DR Congo
Russia Threatens New Wave of Strikes on Ukrainian Infrastructure and Embassies
Scientists Warn Atlantic Ocean Currents Could Collapse Faster Than Projected
Anthropic Reaches $900 Billion Valuation in Historic AI Funding Round
Washington Imposes Crippling Sanctions on Iranian Maritime Authority
Japan and the Philippines Initiate Strategic Intelligence-Sharing Pact
Microsoft Deploys Autonomous Computer-Using AI Agents to Global Markets
Anthropic Secures $45 Billion Compute Infrastructure Agreement With SpaceX
U.S. Director of National Intelligence Resigns Amid Administration Shakeup
Micron Technology Crosses Trillion-Dollar Valuation Amid Unprecedented Hardware Demand
Canada and Germany Finalize Historic Long-Term LNG Export Agreement
China Expands International Travel Restrictions on Domestic AI Researchers
Japan Approves Sweeping Overhaul of National Intelligence Apparatus
Global Airlines Scramble Logistics as Middle East Airspace Remains Fractured
Japan's Naphtha Imports Plunge 47 Percent Amid Strait of Hormuz Closure
Global Crude Prices Retreat Below $96 as Gulf Tensions Momentarily Ease
Generative AI Outperforms Human Baselines in Landmark Global Creativity Study
NASA Partners With Private Aerospace to Unveil Permanent Lunar Base Architecture
South Korean Equity Markets Surge on Next-Generation Memory Chip Frenzy
×