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Saudi Central Bank Reports Robust Banking Sector Performance With Monthly Profits Exceeding Ten Billion Riyals

The Saudi Central Bank released comprehensive financial sector data showing that commercial banks operating in Saudi Arabia achieved over ten billion riyals in monthly net profit, underpinned by strong credit demand, stable liquidity reserves, and solid expansion across non-oil corporate lending portfolios.
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Mace Appointed as Official Procurement Adviser for Expo Twenty Thirty Riyadh Preparation Projects

International consultancy firm Mace announced its official appointment as strategic procurement adviser to support the delivery and infrastructure management of Expo Twenty Thir...

Oxagon and Neom Infrastructure Developments Advance With Extended Wastewater Treatment and Industrial Tender Packages

Project authorities at Neom extended tender deadlines for major wastewater treatment packages within the Oxagon industrial city, reflecting continued momentum in engineering and...

Public Investment Fund Targets Expanded European Investment Strategy Following Board Strategic Review

The Public Investment Fund confirmed its updated medium-term capital allocation framework targeting increased direct investment exposure across European markets, aligning with t...

Saudi Central Bank Assets Reach One Trillion Nine Hundred Billion Riyals Amid Continued Fiscal Stability

The Saudi Central Bank confirmed that total foreign assets and monetary reserves reached one point nine one trillion riyals, providing robust macroeconomic cushioning and suppor...

Saudi-Led Coalition Intercepts Houthi Ballistic Missiles Over Riyadh and Drone Near Mecca Amid Regional Security Escalation

Saudi coalition air defenses intercepted and destroyed two Houthi ballistic missiles over Riyadh alongside a separate drone intercepted near Mecca, prompting emergency civil def...

Zakat, Tax and Customs Authority Issues Final Warning for September Value Added Tax Filing Deadline in Saudi Arabia

The Zakat, Tax and Customs Authority of Saudi Arabia reminded all registered businesses and commercial entities to submit their monthly or quarterly Value Added Tax returns and ...

Saudi Arabia Imposes Strict Travel and Entry Restrictions on Kenya Following Public Health Outbreak

The Ministry of Health and the Saudi Press Agency announced that the Kingdom has suspended all travel and entry visas for individuals arriving from Kenya following official heal...

Saudi Aramco Restores Full Crude Pipeline Operations and Confirms Normal November Term Allocations for European Refiners

Saudi Aramco confirmed that pipeline logistics linking production fields to Red Sea and Mediterranean export terminals have fully resumed normal operations following temporary s...

Saudi-Led Coalition Intercepts Ballistic Missile and Drone Salvos Targeting Riyadh and Strategic Eastern Province Installations

Saudi air defense forces successfully intercepted and destroyed multiple ballistic missiles and uncrewed aerial vehicles launched toward Riyadh, Al-Kharj, and the Eastern Provin...

United States Embassy in Riyadh Orders Departure of Non-Emergency Government Staff and Families Amid Escalating Regional Tensions

The United States Embassy in Riyadh issued an official security directive ordering non-emergency government personnel and their family members to depart Saudi Arabia, citing esc...

Hail International Arabian Horse Beauty Championship Opens With Over Two Hundred Eighty Elite Horses Competing in Northern Region

The annual Hail International Arabian Horse Beauty Championship commenced in the northern region of Hail, drawing prominent international breeders, equestrian enthusiasts, and e...
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