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Tuesday, Jun 16, 2026
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Saudi Arabia Advances Automotive Industry Ambitions with Target of 500,000 Vehicles a Year

The Kingdom has reaffirmed plans to build a comprehensive domestic automotive manufacturing base and attract foreign investment from global electric vehicle producers to reach annual production of half a million vehicles by the end of the decade.
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Saudi Arabia Marks Islamic New Year with Public Holiday and Market Closures

Government offices, banks and businesses temporarily suspended operations to observe the beginning of the Hijri year 1448, bringing trading on the Saudi Exchange to a brief halt.

Saudi Arabia Launches Nationwide Fan Zones for the 2026 FIFA World Cup

The Ministry of Municipalities and Housing will install large viewing screens and entertainment facilities in public spaces across the Kingdom to support the national football t...

Sadara Chemical Faces Debt Deadline Following Prolonged Jubail Shutdown

The petrochemical joint venture between Saudi Aramco and Dow Chemical has reached the end of its debt grace period without a regulatory filing, underscoring the financial strain...

Qiddiya Plans National Tennis Centre Capable of Hosting Major International Events

Developers of the Qiddiya entertainment project have unveiled plans for a 30-court tennis complex with a 33,000-seat capacity as Saudi Arabia continues to expand its portfolio o...

Saudi Health Authorities Report Major Efficiency Gains from AI During Hajj

The Ministry of Health said artificial intelligence systems deployed during the recent Hajj season reduced medication verification times at border entry points by 98%, highlight...

Saudi Arabia Enforces Midday Outdoor Work Ban During Peak Summer Heat

Authorities have begun implementing the annual ban on outdoor work between noon and 3 p.m. until mid-September to protect millions of construction and industrial workers from ex...

HUMAIN Accelerates Development of Arabic Artificial Intelligence Models

The Public Investment Fund's artificial intelligence subsidiary said it has achieved new research milestones in Arabic-language machine learning and data governance technologies...

Saudi Agricultural Investment Company Raises Stake in Olam Agri to 80%

The Public Investment Fund's agricultural arm has increased its ownership of Singapore-based Olam Agri to strengthen food security and safeguard supply chains against geopolitic...

Saudi Mining Giant Maaden Reaches Market Value of 247 Billion Riyals

Saudi Arabia's sovereign wealth fund highlighted the rapid growth of Maaden, whose market value has quadrupled in recent years following international acquisitions and expansion...

Riyadh Air Receives First Boeing Dreamliners and Opens Bookings for London Service

The new national carrier has taken delivery of its first Boeing 787-9 aircraft and launched ticket sales for its inaugural Riyadh-London route as Saudi Arabia accelerates invest...

Saudi Public Investment Fund Partners with Talaat Moustafa Group on Major Real Estate Projects

The Public Investment Fund has signed an agreement with Talaat Moustafa Group to jointly develop large residential, commercial and hospitality projects across Saudi Arabia to ex...
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