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Tuesday, Sep 29, 2026
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Riyadh-Based FinTech Startup Erad Secures $22 Million to Expand SME Credit Infrastructure

Alternative financing platform Erad has closed a $22 million Series A funding round led by Middle East Venture Partners to expand credit facilities for small and medium enterprises in Saudi Arabia.
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Future Investment Initiative Institute Selects Five Global Innovators for Riyadh Presentation

The Future Investment Initiative Institute has chosen five international startups from over 1,300 applicants to present healthcare, robotics, and mobility technologies to global...

OMS Energy Technologies Wins $9.4 Million in Specialized Contracts from Saudi Aramco

Global engineering firm OMS Energy Technologies has secured $9.4 million in technical supply orders from Saudi Aramco to provide specialized upstream hardware for the state oil ...

Golf Saudi Consolidates Women’s Tour Investment into $4 Million Championship

Golf Saudi is restructuring its professional women's golf investment by transforming a five-event series into a single $4 million championship co-sanctioned by the LPGA to creat...

Saudi Foreign Ministry Condemns Israeli Officials' Actions at Al-Aqsa Mosque

The Saudi Arabian Foreign Ministry issued a formal condemnation following the presence of Israeli officials and settlers at the Al-Aqsa Mosque compound, stating such actions thr...

Qualcomm Targets Saudi Arabian AI Expansion for Industrial Growth

Executives from the US technology firm Qualcomm announced plans to capitalize on Saudi Arabia's sovereign investments in artificial intelligence by deploying power-efficient tec...

ACWA Power Signs Agreements for 6,000 Megawatt-Hours of Battery Storage Capacity

Saudi utility provider ACWA Power has finalized deals to deploy large-scale battery storage across the Kingdom to strengthen grid resilience and support the integration of new r...

RUA Al Madinah and Malaysia’s MRCB Negotiate $5.5 Billion Makkah Development Project

Saudi developer RUA Al Madinah and Malaysian conglomerate MRCB are in talks regarding a $5.5 billion mixed-use hospitality and residential project at King Salman Gate to increas...

Riyadh Construction Summit Focuses on Executing $250 Billion Infrastructure Pipeline

Senior officials and international contractors gathered at the Shaping Mega Projects 2026 Summit in Riyadh to discuss delivery timelines for massive Saudi Arabian developments i...

Saudi Authorities Issue Rare Danger Alert in Najran Amid Rising Yemen Border Tensions

Saudi Arabian officials issued and later cleared a security alert for residents in the southern Najran province as Houthi militia forces launch renewed offensives and the Kingdo...

Saudi Ministry of Defense Invites UAE Vice President for High-Level Security Talks

The Saudi Arabian Minister of Defense has officially invited the Vice President of the United Arab Emirates to Riyadh for diplomatic and military discussions aimed at strengthen...

Saudi Arabia’s Public Investment Fund Shifts Strategy Toward Private Capital and Foreign Partnerships

The Public Investment Fund has begun transitioning its financing model for Vision 2030 projects, prioritizing international syndariate, private equity, and external capital mark...
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