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Riyadh Season and Major Entertainment Events Drive Sustained Regional Tourism and Hospitality Inflows

The latest edition of Riyadh Season continued to draw millions of domestic and international visitors, supporting high hotel occupancy rates across the capital and reinforcing the tourism sector's contribution to economic diversification under Vision 2030.
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Central Bank of Saudi Arabia Maintains Robust Banking Sector Liquidity Amid Global Financial Market Adjustments

The Saudi Central Bank released regulatory indicators highlighting strong capital adequacy ratios, stable domestic credit growth, and robust liquidity buffers across commercial ...

Neom Announces Phased Development Progress for Advanced Renewable Energy and Green Hydrogen Infrastructure

Project leadership at Neom confirmed that regional clean energy allocation and green hydrogen production facilities are proceeding toward initial operational phases, aligning wi...

Saudi Industrial Production Index Registers Strong Growth Supported by Expanding Mining and Manufacturing Sectors

Recent economic data released by national statistical authorities indicated robust expansion across Saudi Arabia's industrial production index, driven by accelerating non-oil ma...

Saudi Arabia and Turkiye Sign Comprehensive Electricity and Clean Energy Cooperation Memorandum of Understanding at Climate Talks

Energy officials from Saudi Arabia and Turkiye signed a formal bilateral cooperation agreement during climate summit discussions in Antalya to coordinate cross-border electricit...

Public Investment Fund Expands International Credit and Strategic Italian Cooperation Frameworks

The Public Investment Fund secured multi-billion-dollar financing facilities backed by international export credit agencies to strengthen long-term industrial cooperation, suppl...

HUMAIN and Saudi Infrastructure Partners Secure Financing for Artificial Intelligence Data Centre Expansion

HUMAIN and Saudi Infrastructure Partners finalized multi-billion-riyal financing agreements to accelerate the development of advanced artificial intelligence data centre capacit...

Saudi Aramco Completes Strategic Acquisition of Forty-Nine Percent Stake in Artificial Intelligence Enterprise HUMAIN

Saudi Aramco finalized its multi-billion-dollar cash and asset contribution deal to acquire a forty-nine percent stake in Artificial Intelligence firm HUMAIN, partnering with th...

Saudi-Led Coalition Intercepts Ballistic Missiles and Drones Targeting Riyadh and Eastern Province Amid Regional Security Pressures

The Saudi-led coalition announced that air defenses intercepted and destroyed two ballistic missiles targeting Riyadh alongside drones aimed at the Eastern Province, while regio...

Ministry of Hajj and Umrah Completes Preparatory Bilateral Agreements and Operational Contracts for the Two Thousand Twenty-Seven Hajj Season

The Saudi Ministry of Hajj and Umrah finalized the signing of initial operational agreements and regulatory frameworks with international pilgrimage delegations for the upcoming...

Saudi Ministry of Interior Enforcement Campaigns Result in Nearly Twelve Thousand Residency and Border Security Violations Recorded in One Week

Saudi security and law enforcement authorities recorded eleven thousand nine hundred fifty-two residency, labor, and border security violations during comprehensive nationwide i...

Saudi Minister of Municipalities and Housing Highlights Affordable Housing Finance Opportunities at Global Investor Summit in Virginia

Saudi Minister of Municipalities and Housing Majed Al-Hogail participated in the Global Investor Summit on Financing Affordable Housing in Alexandria, Virginia, where he met wit...
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