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Saudi Arabia Attracts $7.1 Billion in Foreign Direct Investment in First Quarter

Foreign direct investment inflows reached 26.6 billion riyals, or about $7.1 billion, in the first quarter of 2026, up 2.4% from a year earlier as the Kingdom continues efforts to expand non-oil investment.
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Saudi Arabia Condemns Deadly Mosque Attack in Pakistan

The Saudi government condemned a bombing at a mosque in Pakistan that killed at least 16 people, reiterating its opposition to terrorism and expressing solidarity with Pakistan.

Riyadh Technology Summit Generates $857 Million in Investment and Partnerships

The LEAP 2026 technology conference produced hundreds of millions of dollars in announced venture-capital, cybersecurity, cloud and infrastructure investments, reinforcing Saudi...

Jeddah Prepares to Host 27th Arabian Gulf Cup

Jeddah will host the Gulf Cup from September 23 to October 6, bringing national teams from across the region to King Abdullah Sports City and Prince Abdullah Al-Faisal Stadium.

Money20/20 Deal Expands Financing Access for Saudi Small Businesses

Monsha’at and STC Bank have agreed to provide up to about $1.33 billion in Shariah-compliant digital financing, increasing access to capital for Saudi small and medium-sized ent...

Saudi Arabia Increases US Treasury Holdings by $10.7 Billion

Saudi Arabia increased its holdings of US government debt by $10.7 billion in July, reflecting continued deployment of the Kingdom’s large foreign financial reserves into dollar...

Saudi Arabia’s Foreign Minister Holds Regional Security Talks With Iran and Pakistan

Foreign Minister Prince Faisal bin Farhan has held consultations with regional counterparts as Riyadh seeks to manage escalating tensions and support efforts aimed at restoring ...

King Fahd International Airport Moves Ahead With Major Expansion Design

Dammam Airports has awarded WSP a design contract covering terminal expansion, access roads, baggage systems and digital passenger services as King Fahd International Airport pr...

Saudi Arabia Reports Life Expectancy Near 80 Years as Chronic-Disease Mortality Falls

Saudi health authorities say average life expectancy reached 79.9 years in 2025 while deaths associated with non-communicable diseases fell 40%, reflecting improvements under th...

ZainTECH and AWS Expand Cloud and AI Partnership in Saudi Arabia

ZainTECH has signed a multi-year agreement with Amazon Web Services to accelerate cloud modernisation and artificial-intelligence adoption among Saudi organisations in sectors i...

Tabby Raises $233 Million at $6.5 Billion Valuation

Riyadh-based financial technology company Tabby has secured $233 million in new equity funding as it expands beyond buy-now-pay-later services into broader credit and money-mana...

Expo 2030 Riyadh Signs $853 Million Joint Venture for Expo Village

Expo 2030 Riyadh and Mohammed Al Habib Real Estate have agreed a 3.2 billion riyal joint venture to develop the Expo Village, a residential district designed initially for offic...
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