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Saudi Arabia’s PIF Reports More Than Doubling in Net Profit as Revenue Reaches $120 Billion

Saudi Arabia’s Public Investment Fund reported that net profit more than doubled to $17 billion, while revenue rose nine percent to $120 billion, underscoring the sovereign wealth fund’s role in the Kingdom’s Vision 2030 economic transformation.
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Saudi Professional League Expands International Broadcasting Reach

The Saudi Professional League signed new television and digital streaming agreements covering dozens of international markets, extending the global distribution of the domestic ...

Saudi Arabia Launches Global Tourism Campaign Ahead of Autumn and Winter Season

Saudi tourism authorities are promoting cultural events in Riyadh, heritage attractions in AlUla and Red Sea resorts in international campaigns aimed at sustaining visitor momen...

Saudi Hospitals Expand Artificial Intelligence Tools for Cancer Detection and Patient Triage

Saudi health authorities deployed machine-learning imaging and diagnostic systems across public hospitals in Riyadh, Jeddah and the Eastern Province to support earlier cancer de...

Saudi Fund for Development Expands Infrastructure Financing Across Africa and Asia

The Saudi Fund for Development signed concessional financing agreements with governments in Africa and Asia for transport, renewable energy and healthcare projects.

Saudi Arabia Unveils New Diriyah Hospitality and Cultural Development Plans

The Diriyah Gate Development Authority released plans for new luxury hotels, heritage attractions and public performance spaces as the historic destination expands its cultural ...

Saudi Arabia Strengthens Red Sea Tourism Rules to Protect Marine Ecosystems

The Saudi Red Sea Authority introduced environmental and navigation rules for yacht operators and resort developers aimed at supporting tourism growth while protecting coral ree...

Saudi Arabia’s King Salman Energy Park Expands Manufacturing and Logistics Facilities

King Salman Energy Park in the Eastern Province has completed major manufacturing and logistics facilities designed to attract international energy equipment suppliers and servi...

Saudi Arabia Deploys Arabic Large Language Models Across Public Services

The Saudi Authority for Data and Artificial Intelligence introduced specialized Arabic-language generative AI tools to automate administrative processes, support regulatory comp...

Saudi Arabia Expands Renewable Energy and Afforestation Under Green Initiative

Saudi environmental authorities reported continued progress on renewable power projects and national greening programs, including utility-scale solar installations and the plant...

Saudi Capital Market Authority Updates Tadawul Rules to Attract Institutional Investment

Saudi financial regulators introduced new governance and digital trading frameworks for the Tadawul stock exchange, aiming to deepen foreign institutional participation and supp...

Saudi Arabia Advances Water Infrastructure and Desalination Projects Across Major Regions

The National Water Company is progressing with large water transmission networks and desalination projects across central and western Saudi Arabia to meet rising urban demand an...

Saudi Non-Oil Economy Continues to Support Diversification, Official Data Shows

Saudi Arabia’s General Authority for Statistics reported sustained growth in non-oil activities, with retail, hospitality, financial services and manufacturing providing support...
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