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Thursday, Jul 30, 2026
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Saudi Arabia's Active Project Pipeline Reaches $2 Trillion

A Middle East Economic Digest report estimated the Kingdom's active development projects at about US$2.007 trillion, supported by continued investment in large-scale infrastructure and giga-projects.
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US Says It Has Carried Out Heavy Strikes on Iran After Attempted Attacks on Its Forces

US Central Command said dozens of Iranian targets were hit after missiles were fired towards US forces in Jordan, while Iranian media reported civilian deaths on Qeshm island.

Saudi Foreign Ministry Reaffirms Commitment to Protect National Security

The Ministry of Foreign Affairs said the Kingdom remains committed to safeguarding its territory, citizens and strategic energy infrastructure while supporting diplomatic effort...

Saudi Arabia Issues Severe Weather Warnings for Heavy Rain and Flash Floods

The National Center of Meteorology warned several regions to prepare for thunderstorms, strong winds and potential flash flooding as unstable weather conditions develop.

Saudi Border Guards Seize Drugs in Anti-Smuggling Operations

Border security forces intercepted 140 kilograms of khat and nearly 140,000 narcotic tablets during operations targeting cross-border smuggling along the Kingdom's southern fron...

Saudi Arabia Introduces Heavy Fines for Unreported Visa Overstayers

The Ministry of Hajj and Umrah imposed fines of SR100,000 on licensed operators that fail to report pilgrim visa overstayers within the required timeframe.

Saudia Launches World's First Esports-Themed Aircraft

Saudi Arabian Airlines unveiled a specially branded aircraft as part of its expanded partnership with the Esports World Cup, operating regular flights between Riyadh and Paris.

BlackRock Weighs Sale of Stake in Saudi Aramco Gas Pipeline Business

BlackRock is considering options to divest its 49% interest in Saudi Aramco's gas pipeline network operation as the companies review capital allocation strategies.

Red Sea Global Completes First Phase of Luxury Resort Integration

Red Sea Global finalised the initial rollout of luxury island resorts, combining renewable energy systems with marine conservation measures to support regenerative tourism.

SDAIA Launches National Programme to Train AI Specialists

The Saudi Data and Artificial Intelligence Authority introduced a nationwide initiative to train thousands of software engineers, data scientists and machine learning specialists.

Saudi Arabia Expands International Air Service Agreements

The General Authority of Civil Aviation signed new bilateral aviation agreements to increase direct international flights and support Vision 2030 tourism targets.

Saudi Central Bank Reports Strong Foreign Reserves and Banking Liquidity

The Saudi Central Bank said net foreign assets remained above US$400 billion while commercial banks continued to maintain strong capital and liquidity positions.

Diriyah Accelerates Development of Heritage and Tourism District

The Diriyah Gate Development Authority said construction and leasing activity continues to advance across its US$63 billion cultural and hospitality masterplan.
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