Saudi Press

Saudi Arabia and the world

Wednesday, Jul 15, 2026

Saudi Aramco Redirects Petrochemical Investment Toward Asian Markets

Saudi Aramco has abandoned plans for a major domestic petrochemical complex at Ras Al Khair, choosing instead to pursue equity investments in Chinese refineries and chemical producers to strengthen long-term demand for Saudi crude.

Newsletter

Related Articles

Spain in Ecstasy: "We Feel Unbeatable, We Taught the Whole World a Lesson"

European champions Spain beat France 2-0 to reach the World Cup final, extending their unbeaten run to 37 matches and setting a record with eight consecutive knockout victories ...

Saudi Sovereign Wealth Leaders Increase Focus on Domestic Startups and Venture Capital

Public Investment Fund executives are expanding support for Saudi startups, directing more capital toward artificial intelligence, fintech, and advanced logistics companies to s...

Riyadh Tourism Surges as Esports World Cup Draws Global Visitors

The Esports World Cup in Riyadh has boosted hotel occupancy and retail activity, supporting Saudi Arabia’s ambition to become a major global center for competitive gaming and di...

Saudi Arabia Speeds Up Land Allocation for Large Renewable Energy Projects

The Ministry of Energy has streamlined land allocation procedures for private developers building utility-scale solar and wind projects as the Kingdom advances its clean energy ...

Saudi Aramco Cuts July Official Crude Prices for Asian and European Buyers

Saudi Aramco lowered official selling prices for Arab Light crude deliveries to Asia and Europe, adjusting its pricing strategy as global demand conditions and refinery margins ...

Neom Sports Club Launches Community Programs to Develop Regional Athletics

Neom Sports Club introduced new initiatives focused on local talent development, community participation, and building a stronger sports culture within the emerging Neom region.

Neom Port Expands Logistics Role to Strengthen Regional Food Supply Chains

Port of Neom announced new cargo partnerships and connectivity improvements designed to strengthen maritime logistics and support agricultural supply networks amid continued Red...

Saudi Housing Authorities Launch New Financing Program to Support Homeownership

The Real Estate Development Fund, Saudi National Bank, and National Housing Company introduced new mortgage options aimed at helping first-time buyers and supporting residential...

Saudi Non-Oil Economy Shows Resilience Despite Regional Geopolitical Pressure

Saudi economic assessments show continued strength in domestic demand, labor participation, and retail activity, helping reduce the impact of external shocks on the country’s di...

Saudi Aviation Authorities Adjust Flight Routes Amid Gulf Security Concerns

The General Authority of Civil Aviation introduced precautionary flight path changes for Saudi carriers as airlines continue operating through heightened security conditions in ...

Saudi Arabia Introduces Electronic Travel Authorization System for UK Citizens

Saudi immigration authorities launched a digital travel authorization system for British nationals, simplifying entry procedures as the Kingdom seeks to expand business travel a...

Saudi Arabia Installs More Than Ten Thousand Electric Vehicle Chargers Through Wallbox Partnership

Wallbox and Turning Point Energy have surpassed the installation of ten thousand electric vehicle chargers across Saudi Arabia, expanding charging infrastructure for brands incl...

Saudi Press

0:00

0:00

Saudi Press

Saudi Arabia and the world

0:00

0:00

Spain in Ecstasy: "We Feel Unbeatable, We Taught the Whole World a Lesson"

Harvard Astrophysicist to Lead U.S. Scientific Advisory on Unidentified Aerial Phenomena

Emergency Sirens Activated Across Bahrain as Interior Ministry Issues Shelter Directives

World Cup Visitors Turn American Big-Box Stores Into Souvenir Stops

Netflix Weighs Always-On Channels, Bundles and Short-Form Video

The AI Invoice Shock: Layoffs Didn't Save Managers Money — They Cost Them More

Concern: Sexually Transmitted Bacterium Among Men Develops Antibiotic Resistance

Passenger Partially Pulled Out of Ryanair Jet After Cabin Window Fails Mid-Flight

Severe Heatwave Drives Dangerous Ground-Level Ozone Pollution Across Two Thirds of European Union

The Physical and Electronic Barriers Disrupting Domestic Wireless Networks

France and Morocco Open World Cup Quarter-Finals as Collina Defends Refereeing

Tech Pulse: The Future of AI and Screen Culture

Global News Briefing: Escalating Geopolitical Tensions and Corporate Shakeups

Global News Brief: Escalating Conflicts, Public Health Crises, and World Cup Drama

Europe's Growing Struggle with Extreme Heat and Air Conditioning

Anthropic Reengineers Agentic Architecture to Shift Autonomous Workplace Automation to the Cloud

Logic Flaw in Windows 11 Permission Architecture Silently Consumes Hundreds of Gigabytes of Local Storage

Apple Advances Late-Stage Operating Systems with Fourth Beta Deployments

Global Crisis Alert: Escalating Middle East Tensions and UK Political Upheaval

Japanese Technology Firm Fujitsu Launches Advanced Artificial Intelligence Tool for Corporate Disclosures

South Africa Officially Launches Nationwide Campaign for Highly Contested Local Government Elections

United Kingdom Commits Additional Funding for Unexploded Ordnance Clearance in Laos

Singapore Announces Stringent New Greenhouse Gas Regulations for Commercial Cooling Systems

Cambodia and Thailand Hold High-Level Border Security Talks at United Nations Headquarters

Myanmar Military Government and China Sign Major Agreement to Upgrade Media and Cultural Cooperation

Knife Attack at Swiss Train Station Leaves Three Injured in Suspected Act of Domestic Terrorism

Transnational Extortion Gang Threatens Canadian Police With Army of One Thousand Armed Operatives

Australia Imposes Forty-Two-Day Quarantine on Cruise Ship Passengers Following Deadly Hantavirus Outbreak

International Monetary Fund Unlocks Seven Hundred Million United States Dollars for Sri Lanka Following Economic Reforms

Australia Launches Record One Point Four Billion Dollar Lawsuit Against Chemical Giant 3M Over Contamination

China and Canada Foreign Ministers Meet in Ottawa in Effort to Stabilize Strained Diplomatic Ties

Indonesia Demands Urgent United Nations Security Council Reform Amid Escalating Global Conflicts

Extreme Weather Patterns Trigger Severe Drought in Madagascar and Destructive Flooding in East Africa

Indian State of Karnataka Faces Political Upheaval as Chief Minister Siddaramaiah Abruptly Resigns

Philippines and Japan Reaffirm Defense Ties as Crucial for Indo-Pacific Regional Stability

Norway Joins French Nuclear Deterrence Initiative in Major Shift for European Security Architecture

Global Critical Mineral Alliances Expand as Western Nations Move to Counter Chinese Supply Dominance

United States Imposes Fifty Percent Tariffs on Mexican Steel and Aluminum Ahead of Trade Pact Review

European Union and China Head Toward Major Trade Conflict Over Clean Technology Exports

United States Economic Growth Severely Downgraded to One Point Six Percent as Stagflation Fears Mount

World Health Organization Warns Central African Ebola Epidemic is Outpacing Containment Efforts

United States Treasury Department Conditions Sanctions Relief on Reopening of the Strait of Hormuz

Iranian Air Defenses Intercept and Destroy United States Military Drone Over Bushehr Province

Iranian Armed Forces Launch Ballistic Missiles Toward Unspecified Targets Prompting Regional Condemnation

United Nations Secretary-General Warns Global Order Facing Highest Level of Conflict Since 1945

Israel Issues Sweeping Evacuation Orders in Southern Lebanon Amid Intensified Hezbollah Conflict

Russia Announces Systemic Military Strikes Targeting Ukrainian Defense and Energy Infrastructure

United States and Iranian Negotiators Reach Draft Agreement to Extend Ceasefire and Resume Nuclear Talks

United Nations Security Council Deeply Divided Over United States Capture of Venezuelan President

US and Iran Exchange Direct Military Strikes Amid Fragile Gulf Ceasefire