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Saudi Finance Ministry Projects 3.6% GDP Contraction in 2026 and $370 Billion Spending in 2027

Saudi Arabia’s Finance Ministry expects real GDP to contract by 3.6% in 2026 as oil production declines, while projecting $370 billion in government expenditure for 2027 to support non-oil growth and fiscal stability.
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Riyadh Unveils Autumn and Winter Entertainment Calendar

Event organisers in Riyadh announced a programme of international music performances and cultural exhibitions aimed at attracting domestic, regional and overseas visitors.

Saudi Arabia Prepares Major International Boxing and Golf Events

Sports authorities have completed logistical preparations for upcoming international boxing competitions and professional golf tournaments as Saudi Arabia continues expanding it...

Saudi Arabia Expands Telehealth and Robotic Surgery Services

The Ministry of Health is rolling out upgraded telehealth platforms and robotic surgical systems across regional medical centres to improve access and clinical capabilities.

Saudi Universities Expand Research Partnerships With US and European Institutions

Leading Saudi universities signed agreements with academic partners in the United States and Europe covering biotechnology, renewable energy and advanced engineering research.

Saudi Arabia Expands AI Training for National Technology Professionals

The Saudi Data and Artificial Intelligence Authority launched new training programmes focused on advanced artificial intelligence, software development and enterprise technology...

King Salman Park Prepares for Initial Opening Phases in Riyadh

The authority overseeing King Salman Park has completed preparations for initial soft-opening phases, introducing new green space and recreation facilities in the Saudi capital.

Saudi Airports Report Double-Digit Passenger Growth

Saudi aviation authorities reported double-digit increases in passenger traffic at major airports in Riyadh and Jeddah, supported by new international routes and tourism promotion.

Global Hotel Groups Expand Luxury Resort Investment in AlUla and Red Sea

International hospitality companies and Saudi tourism agencies are accelerating luxury resort development in AlUla and along the Red Sea as the Kingdom seeks to attract more int...

Saudi Industrial Development Fund Backs Advanced Manufacturing and Green Technology Startups

The Saudi Industrial Development Fund approved new financing packages for manufacturing startups, automotive supply-chain projects and sustainable technology companies across th...

Saudi Arabia Calls for Deeper GCC Cooperation on Housing and Construction

Saudi officials urged Gulf Cooperation Council members to expand collaboration on residential development and urban planning as governments seek to accelerate housing delivery.

SABIC Expands Downstream Petrochemical Investment in Jubail and Yanbu

Saudi Basic Industries Corporation is increasing investment in downstream petrochemical assets in Jubail and Yanbu to reduce exposure to volatility in global commodity markets.

Saudi Arabia Accelerates Desalination and Water Storage Projects

National water authorities are advancing large desalination plants and strategic reservoir projects in Riyadh and the Eastern Province to strengthen long-term municipal water se...
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