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Saudi Aramco Reports Strong Second-Quarter Results While Assessing Export Capacity Expansion

Saudi Arabian Oil Company reported adjusted net income of $33.4 billion for the second quarter of 2026 and is evaluating East-West pipeline expansion options to strengthen export flexibility amid regional maritime constraints.
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Saudi Industrial Cities Authority Reports Growth in Factory Licenses Across Regional Hubs

Saudi Arabia’s Modon industrial authority reported a significant increase in active factory licenses across provincial manufacturing zones, reflecting continued expansion outsid...

Saudi Humanitarian Aid Centre Expands Relief Operations Across Crisis Regions

The King Salman Humanitarian Aid and Relief Centre dispatched medical supplies and relief convoys to support vulnerable communities across parts of the Middle East and Africa.

Saudi Central Bank Strengthens Oversight of Digital Finance and Fintech Services

The Saudi Central Bank introduced updated compliance rules for digital lenders and online payment providers to improve consumer protection while supporting financial technology ...

Saudi Industrial Development Fund Approves Financing for Manufacturing and Supply Chain Projects

The Saudi Industrial Development Fund approved financing packages for advanced manufacturing, automotive components, and pharmaceutical production facilities in Riyadh, Dammam, ...

Saudi National Investment Strategy Targets Higher Private Sector Growth and Non-Oil Exports

Saudi economic officials highlighted reforms under the National Investment Strategy aimed at increasing private sector contribution to GDP and expanding non-oil exports by the e...

Saudi Arabia Expands Red Sea Tourism Preparations Ahead of Autumn and Winter Events

Tourism authorities in Jeddah, Umluj, and other Red Sea destinations are preparing new hospitality launches, cultural exhibitions, and marine events to attract international vis...

Al Ahli Appoints Marino Pusic as Head Coach Ahead of Saudi Pro League Season

Jeddah-based Al Ahli Football Club named Marino Pusic as its new head coach as the team prepares for domestic and continental competitions in the upcoming season.

stc Solutions and Saudi Aramco Partner on Advanced Supercomputing Infrastructure

Solutions by stc will deploy a next-generation supercomputer system with Saudi Aramco in the Eastern Province to support advanced data analytics and upstream energy operations.

AMD and HUMAIN Executives to Lead LEAP 2026 Technology Conference in Riyadh

Advanced Micro Devices Chief Executive Lisa Su and HUMAIN Chief Executive Tareq Amin will headline preparations for LEAP 2026 as Saudi Arabia promotes artificial intelligence de...

Saudi Aramco Raises LPG Selling Prices by Up to Seven Percent for August

Saudi Aramco increased official selling prices for propane and butane by six to seven percent, reflecting stronger international demand from petrochemical and heating markets.

Saudi AI Firm MOZN Receives Investment From HUMAIN to Expand Enterprise Artificial Intelligence Solutions

Riyadh-based software company MOZN secured strategic funding from HUMAIN Ventures to accelerate artificial intelligence systems focused on financial crime prevention and governa...

Saudi Arabia Advances Real Estate Tokenization Through Tether, First Data, and BKN301 Partnership

Tether partnered with First Advanced Data for Artificial Intelligence and BKN301 to deploy the Hadron platform for institutional real estate asset tokenization initiatives in Sa...
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