Saudi Press

Saudi Arabia and the world
Monday, Aug 10, 2026
 English
 English Arabic HebrewHindiTagalogUrdu
Add Your News

Saudi Economy Contracts Four Point Eight Percent in Second Quarter as Oil Output Falls

Saudi Arabia’s economy shrank 4.8 percent year on year in the second quarter of 2026 as lower oil activity weighed on overall output, while non-oil sectors continued to expand under the Kingdom’s diversification drive.
Newsletter
Related Articles

Saudi Arabia Opens Direct China Shipping Route Through Jeddah Islamic Port

Saudi port authorities launched a direct container service between Jeddah Islamic Port and major Chinese industrial ports, expanding maritime links with Asia and strengthening t...

Saudi Arabia and Syria Sign Agreements for Seven Hundred and Sixty Megawatts of Solar Projects

Saudi and Syrian energy authorities agreed on plans for large-scale solar power projects with battery storage, linking clean-energy development with efforts to strengthen region...

Saudi Aramco Chief Warns Strait of Hormuz Disruptions Could Threaten Global Energy Security

Aramco Chief Executive Amin Nasser warned that continued disruption around the Strait of Hormuz could put pressure on global fuel supplies and international supply chains, calli...

Saudi Aramco Controls Fire at Jazan Facility Without Casualties or Operational Disruption

Saudi Aramco said emergency teams contained an accidental industrial blaze at its Jazan facility, with no casualties reported and refining operations continuing normally across ...

Saudi Budget Deficit Narrows to Thirty-Four Point Two Nine Billion Riyals as Oil Revenue Rises

Saudi Arabia’s Finance Ministry reported a second-quarter budget deficit of 34.29 billion Saudi riyals, with oil revenues up 22 percent from a year earlier as the government mai...

Saudi Arabia, Türkiye and Pakistan Sign Joint Defense Pact in Mecca

Saudi Crown Prince Mohammed bin Salman, Turkish President Recep Tayyip Erdoğan and Pakistani Prime Minister Shehbaz Sharif signed an agreement declaring that an armed attack on ...

Jorge Messi, Lionel Messi’s Father and Longtime Agent, Dies at 68

The quiet figure who backed Lionel Messi’s early move to Barcelona and later managed his career died in Rosario after a prolonged illness.

AI’s Next Bottleneck Is Power, Not Just Nvidia Chips

As data centres multiply, technology companies are competing for electricity, grid connections and round-the-clock generation.

Meta Raises AI Spending Target to as Much as $145bn Despite Pressure Over Returns

The company’s capital spending is consuming most of its free cash flow as it races to turn new AI models and products into a commercially durable business.

Joe Biden’s Cancer Has Spread Beyond His Bones, Hunter Biden Says

The former president’s son described the advanced prostate cancer as painful and debilitating, while public details of his current condition remain limited.

Why 2027 Could Be a Strong Year for Stocks—and Why the Forecast Is Fragile

A bullish case rests on continued profit growth, easing policy uncertainty and a broader payoff from AI investment; high valuations leave little room for disappointment.
Saudi Press
Add Your News
Playlist Hide
0:00
0:00
Open
0:00
0:00
Close
Jorge Messi, Lionel Messi’s Father and Longtime Agent, Dies at 68
AI’s Next Bottleneck Is Power, Not Just Nvidia Chips
Meta Raises AI Spending Target to as Much as $145bn Despite Pressure Over Returns
Joe Biden’s Cancer Has Spread Beyond His Bones, Hunter Biden Says
Why 2027 Could Be a Strong Year for Stocks—and Why the Forecast Is Fragile
Why Markets May Look Quiet in August After Big Tech Earnings
Trump’s Top General Seeks an Exit Strategy From Iran War, Report Says
Brock Lesnar Retires From Wrestling, Closing a Career of Rare Athletic Range and Lasting Controversy
UFO: Pentagon Releases Video of Unidentified Object Tracked Over Middle East
Ukraine Tells Senate Republicans Its Drone War Offers a Blueprint for America
Weight-Loss Drug Boom Tests the Limits of Prescription Advertising Rules
Saudi Arabia, Turkey and Pakistan Sign Mutual-Defence Pact
AI Is Remaking the US Economy, From GDP Growth to iPhone Prices
A SpaceX Rocket Is About to Crash Into the Moon — and Scientists Hope to Watch
Modern Slavery Decisions Broaden the Al Fayed Inquiry’s Frame
FIFA’s Retreat Leaves a Larger Question Over Who Guards the Game
Finland Deploys Commercial-Scale Thermal Batteries Using Crushed Rock to Store Renewable Grid Energy
Valued at $109 Million: F-35B Fighter Jet Crashes in Southern California
US Says It Has Carried Out Heavy Strikes on Iran After Attempted Attacks on Its Forces
Over 24 Hours in the Air: Qantas Airbus Completes Record-Breaking Test Flight
Arrest Warrant Issued in Lebanon for Tycoon Spotted Meeting Netanyahu in Washington
Trump says Israel ‘would not survive’ without US
Nvidia Reportedly Takes Vast Texas Data-Centre Lease to Underwrite AI Expansion
FIFA’s Private-Investment Plan for World Cup Rights Draws European Revolt
Following OpenAI's Cyberattack: 'Most Companies Still Do Not Understand What Is Coming'
OpenAI Sued After ChatGPT Allegedly Discouraged Emergency Care Before Near-Fatal Embolism
Miliband Sets Climate and International Law at Centre of UK Diplomacy
Pentagon Discloses Nearly 100 US Troop Injuries During Renewed Iran Fighting
Trump Readies New Tariffs as Temporary Global Levy Nears Expiry
High Prices Push Coffee Drinkers Toward Whole Beans and Home Brewing
Trump Draws Boos and Podium Scrutiny at Spain’s World Cup Triumph
Spain Defeats Argentina in Extra Time to Win Second World Cup
Turkey Explores S-400 Transfer to UAE in Bid to Rejoin F-35 Program
US Retaliates Against Iran After Two American Troops Killed in Jordan
Proposed U.S.-Saudi Nuclear Pact Could Permit Limited Uranium Enrichment Under International Safeguards
Why Kentucky Fried Chicken Became KFC—and Why the False Explanations Persist
Iran Claims It Destroyed Bahrain’s Main Artificial Intelligence Center in Missile and Drone Strike
Ukrainian Drones Strike Wildberries Warehouses Deep Inside Russia
Reported CIA Mission Helped Clear the UAE’s Path to Advanced US AI Chips
Artificial Intelligence Capital Fuels Markets While Governments and Regulators Face Mounting Strategic Tests
China’s Moonshot’s Kimi K3 Narrows the Gap With Anthropic Through Scale, Openness and Lower Cost
Gold and Cash Seizure Puts Indonesia’s Senior Anti-Corruption Prosecutor Under Investigation
The Ledger Will Not Trust on Faith
Passenger Bound for Germany Refused to Sit Beside a Woman on a Plane — Then Slapped a Flight Attendant
Ukraine’s Leadership Rift Spills Into the Streets as Protesters Target Army Chief
The Ten World Cup Finals That Defined Football History
Smartphones Are Getting More Expensive, Sales Are Collapsing, and Even Apple Admits: "Prices Will Rise"
Leadership Change and Strategic Rivalry Redraw the Political Map
The AI Race Enters Its Infrastructure Era
Britain Nationalises British Steel to Protect Scunthorpe Production and Strategic Supply
×