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Thursday, Aug 27, 2026
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Saudi Arabia’s Public Investment Fund Secures $24.5 Billion in International Financing

The Public Investment Fund has finalised credit frameworks with the U.S. Export-Import Bank and international development agencies to provide capital for portfolio companies involved in technology, infrastructure and future-mobility projects.
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Cristiano Ronaldo Scores as Al Nassr Opens Saudi Pro League Season With 4-0 Win

Cristiano Ronaldo scored as Al Nassr began the new Saudi Pro League season with a four-nil victory over Al Riyadh, giving the Riyadh club a strong opening to the domestic campaign.

Severe Flash Floods Trigger Red Weather Alerts Across Saudi Arabia

Heavy rainfall and flash flooding have disrupted daily activity across several Saudi regions, prompting the National Center of Meteorology to issue red alerts and authorities to...

United Nations Recognises Saudi Arabia’s Environmental Restoration Efforts

Saudi Arabia has received United Nations recognition for environmental initiatives including coastal mangrove restoration and ecological conservation under the Saudi Green Initi...

Team Falcons Win Inaugural Esports World Cup in Riyadh

Saudi esports organisation Team Falcons has won the inaugural Esports World Cup in Riyadh, closing the international tournament with the home team at the top of the overall stan...

Diriyah Project Accelerates Luxury Hotel and Cultural Development in Riyadh

The Diriyah Company is advancing construction of high-end hotels and cultural attractions in the historic Riyadh district as Saudi Arabia expands its tourism infrastructure and ...

Qiddiya Awards Major Contract for Riyadh-Area Speed Park

Qiddiya Investment Company has awarded construction packages for a major motorsport venue and related hospitality facilities, advancing development of the Public Investment Fund...

Saudi Arabia Nominates Hanan Balkhy to Lead the World Health Organization

Saudi Arabia has nominated Hanan Balkhy, a Saudi medical scientist and current regional director, to become the next head of the World Health Organization during its upcoming le...

Saudi Industrial Fintech Funding Jumps 130 Percent in First Half

Funding for industrial financial-technology startups in Saudi Arabia exceeded 500 million riyals in the first half of the year, marking a 130 percent increase as digital tools s...

BNP Paribas Receives Approval for Regional Headquarters in Riyadh

French banking group BNP Paribas has established its Middle East headquarters in Riyadh after receiving the required licence, adding another major international financial instit...

Saudi Arabia Supports Integration of Syrian Democratic Forces Into Syrian Military

The Saudi Foreign Ministry has backed the incorporation of Kurdish-led Syrian Democratic Forces into Syria’s military institutions as part of efforts to promote a unified securi...

Riyadh Air and Saudia Launch Domestic Codeshare Partnership

Riyadh Air and Saudi Arabia’s established national carrier Saudia have integrated their booking systems to provide domestic connections for international passengers travelling t...

Jeddah Port Expansion Gains $434 Million Investment From Red Sea Gateway and CMA CGM

Red Sea Gateway Terminal and French shipping company CMA CGM will invest $434 million to expand infrastructure and capacity at Jeddah Islamic Port, strengthening Saudi Arabia’s ...
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