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Saturday, Oct 03, 2026
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Saudi Arabia Projects 2026 GDP Contraction While Maintaining Vision 2030 Spending

The Ministry of Finance expects the economy to contract in 2026 because of oil production cuts while projecting state expenditure of about $370 billion in 2027 to sustain major development programs.
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Riyadh Season Unveils Winter 2026 Entertainment and Sports Calendar

Organizers announced a schedule featuring championship boxing, international music concerts and large-scale cultural exhibitions for the upcoming Riyadh Season.

Saudi Aramco Trading Expands Refined Products Network Across Asian Ports

Saudi Aramco’s trading arm signed long-term storage and logistics agreements at Asian terminals to strengthen distribution of refined fuels and petrochemical feedstocks.

Saudia Maintains Strong Global On-Time Performance Rankings

Saudi Arabia’s national carrier remained among leading airlines for punctuality and operational performance across domestic and international services.

Saudi Red Sea Authority Tightens Environmental Rules for Yacht Tourism

The Saudi Red Sea Authority introduced new requirements covering navigation, anchoring and environmental protection as luxury marine tourism expands along the western coast.

KAUST Launches Quantum Computing and Advanced Semiconductor Research Initiative

King Abdullah University of Science and Technology opened a specialized research laboratory focused on quantum computing and advanced semiconductor design.

Diriyah Gate Advances Heritage Restoration and Luxury Hospitality Projects

The Diriyah Gate development reported progress on traditional mud-brick restoration, luxury hotel projects and pedestrian cultural districts near Riyadh.

King Salman Park Prepares for Initial Public Opening in Riyadh

Authorities are finalizing preparations for the soft opening of King Salman Park, a major urban green and cultural development in the Saudi capital.

Saudi Arabia Reports Lower Unemployment and Continued Real Wage Growth

The General Authority for Statistics reported continued declines in national unemployment and steady real wage gains, supported by hiring across the non-oil private sector.

French Companies Expand Investment in Saudi Digital and Renewable Infrastructure

French technology and renewable energy companies signed new investment agreements in Saudi Arabia covering artificial intelligence infrastructure and cultural projects alongside...

Saudi-Egypt Trade Reaches $82.2 Billion Over Five Years

Bilateral trade between Saudi Arabia and Egypt totaled $82.2 billion over the past five years, supported by private investment and joint infrastructure projects.

Neom Opens Tenders for Freight Rail Network Serving Oxagon Port

Neom launched international tenders for the design and construction of a freight railway intended to connect the Oxagon industrial port with wider regional logistics corridors.

SABIC Expands Advanced Petrochemical Investment in Jubail and Yanbu

Saudi Basic Industries Corporation increased spending on higher-value petrochemical processing and more sustainable manufacturing technologies across its industrial operations.
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