Saudi Press

Saudi Arabia and the world

Wednesday, Aug 05, 2026

Saudi Aramco Reports Thirty-Three Billion Dollar Second-Quarter Profit as Oil Exports Avoid Red Sea Disruptions

Saudi Aramco posted second-quarter net income of thirty-three point four billion dollars, supported by higher crude prices and the company’s ability to reroute exports through Yanbu and the Suez-Mediterranean pipeline amid regional shipping risks.

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Jeddah Nuclear Olympiad Highlights Saudi Arabia’s Investment in Science Education

Young students competed in the annual Nuclear Olympiad in Jeddah as Saudi Arabia promotes advanced scientific education and technical skills among the next generation.

Saudi Data and AI Authority Opens Registration for National Artificial Intelligence Certification Program

The Saudi Data and Artificial Intelligence Authority launched professional AI certification badges aimed at improving digital skills among workers across government and private ...

Red Sea Global Resorts Receive First International Dark Sky Certification

Two luxury tourism projects developed by Red Sea Global earned international recognition for protecting natural night skies through environmental design and responsible lighting...

Riyadh Air to Launch Daily Flights Between Riyadh and Manila in September

Saudi Arabia’s new national airline confirmed plans to begin daily services between King Khalid International Airport and Manila as part of efforts to expand global connectivity...

Saudi Cabinet Reaffirms Dialogue and De-Escalation as Middle East Tensions Continue

The Saudi Council of Ministers said regional dialogue remains essential to reducing conflict risks and protecting international trade and energy routes.

Saudi Arabia Hosts Forty-Three Nations for Red Sea Maritime Security Talks

Saudi defence officials brought together international military and diplomatic representatives in Riyadh to discuss protecting commercial navigation through the southern Red Sea...

Saudi Arabia Uses Omani Mediation to Seek Restraint from Houthi Leadership

Riyadh is pursuing diplomatic channels through Oman to reduce Houthi maritime attacks and protect key Red Sea energy infrastructure while maintaining military readiness.

Houthi Militants Target Saudi Oil Tanker Wafa in Red Sea Shipping Escalation

Yemeni Houthi forces claimed a ballistic missile strike on the Saudi-registered tanker Wafa near Yanbu, adding pressure on maritime routes as attacks continue to disrupt commerc...

Saudi Aramco Reports Thirty-Two Point Six Nine Billion Dollar Quarterly Profit as Energy Prices Rise

Saudi Aramco posted a forty-four percent increase in second-quarter net profit as higher crude prices boosted earnings, while Chief Executive Amin Nasser warned that the wider c...

Saudi Arabia Completes Fifty-Five Billion Dollar Acquisition of Electronic Arts in Record Leveraged Buyout

Saudi Arabia’s Public Investment Fund completed the purchase of American video game publisher Electronic Arts with Affinity Partners, taking the company private in a record leve...

AI Is Remaking the US Economy, From GDP Growth to iPhone Prices

The race to build data centres and buy advanced chips is lifting investment, construction and stock values, while increasing debt, import demand and pressure on technology suppl...

Saudi Arabia Authorizes Global Financial Firms to Expand Regional Operations From Riyadh

The government has approved measures allowing international financial institutions with Saudi regional headquarters to increase their approved cross-border activities, supportin...

Saudi Press

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Saudi Press

Saudi Arabia and the world

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