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Saudi Aramco Secures Long-Term Oil and Gas Supply Agreements for Domestic Industrial Hubs

Saudi Aramco has finalized new crude and natural gas supply contracts with major processing centers in Jubail and Yanbu, providing feedstock for downstream petrochemical facilities while supporting the Kingdom’s broader economic diversification plans.
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Riyadh Season Unveils International Sports, Entertainment and Cultural Events

Saudi Arabia’s General Entertainment Authority has announced a program of international exhibitions, boxing matches and musical performances for the upcoming Riyadh Season, addi...

Saudi Central Bank Tightens Cybersecurity Requirements for Commercial Banks

The Saudi Central Bank has ordered licensed banks to upgrade their technology systems and conduct comprehensive security audits to strengthen the resilience of national financia...

Diriyah Gate Expands Luxury Hospitality Development With International Hotel Brands

The Diriyah Gate Development Authority has signed agreements with international luxury hotel operators to develop new heritage-focused hospitality projects near Riyadh, supporti...

Saudi Arabia Advances Green Hydrogen Projects With International Energy Partners

Saudi Arabia’s Ministry of Energy has held talks with international renewable-energy developers on green hydrogen projects in Tabuk and along the Red Sea corridor, as the Kingdo...

Neom Reports Progress on The Line and Oxagon Infrastructure Projects

Neom executives have released updated engineering timelines showing progress on marine foundation works at Oxagon and underground infrastructure modules for The Line, indicating...

Saudi Arabia Reports Strong Non-Oil Growth as Tourism and Logistics Expand

The General Authority for Statistics says non-oil economic activity is continuing to grow strongly in Riyadh and Jeddah, supported by rising international visitor numbers, expan...

Saudi Arabia Expands Artificial Intelligence Infrastructure Through New Sovereign Investment Partnerships

Saudi Arabia’s Public Investment Fund and major national technology companies are committing new capital to domestic data centers and advanced computing infrastructure as the Ki...

FIFA President Gianni Infantino Denies Affair Allegation as UEFA Confirms Payment to Former Employee

UEFA says a departure payment and MBA fees complied with staff rules then in force, while Infantino faces a separate governance revolt over his abandoned plan to bring private i...

Saudi Arabia Expands Shanghai Investment Hub to Attract Chinese Technology Companies

The Public Investment Fund is using its Shanghai office to attract Chinese technology, drone and advanced manufacturing companies to establish operations and localize production...

PIF Shifts 2026-2030 Strategy Toward Integrated Domestic Economic Ecosystems

Saudi Arabia's Public Investment Fund is moving away from rapid asset creation toward specialized portfolios focused on local supply chains, greater private-sector participation...

Saudi Industrial Production Rebounds 4.3% in June

Saudi Arabia's Industrial Production Index rose 4.3% month on month in June, led by stronger output in food manufacturing, basic metals and refined petroleum products, providing...
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