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Friday, Jun 05, 2026
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Saudi Arabia Opens Construction Sector to Full Foreign Ownership

New regulations now allow complete foreign ownership of engineering and construction companies, part of a broader effort to attract international expertise and strengthen project delivery capacity.
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Saudi National Football Team Finalizes Preparations for 2026 World Cup Group Matches

The Green Falcons are completing preparations for upcoming group-stage fixtures against Spain, Uruguay, and Cape Verde as anticipation builds ahead of the 2026 World Cup in Nort...

WWE Confirms Riyadh Event Despite Ongoing Regional Tensions

World Wrestling Entertainment said its Night of Champions event will proceed at Kingdom Arena later this month, maintaining its long-term partnership with Saudi Arabia despite b...

Public Investment Fund Expands Travel Retail Strategy to Capture Tourism Growth

Saudi Arabia's sovereign wealth fund is broadening its tourism and retail portfolio, including the launch of the Kingdom's first domestically owned duty-free operator to benefit...

Saudi Aramco Raises LPG Prices for Asian Buyers

The company has increased June prices for propane and butane exports by up to three percent, responding to tighter regional supplies and influencing petrochemical feedstock pric...

Singapore Airlines Launches Direct Flights Between Singapore and Riyadh

The carrier has begun operating four weekly Airbus A350 services linking Changi Airport and Riyadh, reflecting growing business and tourism ties with Saudi Arabia.

Riyadh to Host Major Global Summit on Artificial Intelligence and Data Infrastructure

More than 10,000 executives, investors, and policymakers are expected to attend a major AI gathering in the Saudi capital focused on sovereign data management, cloud infrastruct...

Jeddah Tower Surpasses 100 Floors as Construction Progresses

Work on the Jeddah Tower project has passed the 102-floor mark, moving the development closer to its planned height of more than one kilometre as construction continues.

Riyadh Advances $5.5 Billion Tender for King Salman International Airport Expansion

Saudi authorities are preparing to award a major contract to build six parallel runways at King Salman International Airport, making it one of the largest construction tenders e...

Saudi Giga-Projects Shift Toward Phased Delivery and Commercial Priorities

Major developments including Neom and Diriyah are entering a phase focused on core infrastructure, housing, and transport, with contractor awards expected to total $86 billion t...

Saudi Authorities Reassess The Line Development Timeline Amid Capital Constraints

Officials are reportedly reviewing the pace and scope of development at The Line in Neom, with greater emphasis being placed on projects expected to deliver nearer-term economic...

Humain Secures $1.2 Billion Financing Framework to Expand AI Infrastructure

Saudi Arabia's national artificial intelligence company has agreed a major financing arrangement with the National Infrastructure Fund to accelerate the development of domestic ...
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