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Saudi PIF Ends Primary LIV Golf Funding as League Prepares for New Private Investors

The Public Investment Fund has concluded its primary financial commitment to LIV Golf following the 2026 season, with the league now restructuring its operations and finalizing arrangements with new private investors.
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Saudi Arabia Raises Saudization Target for Private-Sector Project Management Roles

The Ministry of Human Resources and Social Development has set a 70 percent Saudization requirement for private-sector project management positions from February 14, 2027, as pa...

Saudi Arabia Advances Renewable and Nuclear Energy Plans to Meet Rising Power Demand

Saudi Arabia is pursuing renewable energy tenders alongside civil nuclear projects to meet growing domestic electricity demand while preserving more crude oil for international ...

Saudi Aramco and Ma’aden Expand Exploration for Copper and Critical Minerals

Saudi Aramco and Saudi Arabian Mining Company are advancing exploration across a 182,000-square-kilometre transition zone in the Arabian Shield, with copper and other critical m...

Saudi Arabia and Bangladesh Reaffirm Trade, Investment and Workforce Cooperation

Saudi Foreign Minister Prince Faisal bin Farhan and Bangladesh State Minister for Foreign Affairs Humaiun Kobir discussed stronger bilateral trade, investment and expatriate wor...

Saudi Arabia’s Homeownership Rate Reaches 66.24 Percent in 2025

Homeownership in Saudi Arabia exceeded annual targets to reach 66.24 percent in 2025, with new property ownership rules for non-Saudis also broadening access to the Kingdom’s re...

Saudi Aramco Signs More Than $3.7 Billion in Agreements With French Companies

Saudi Aramco finalized agreements and memorandums with French partners covering procurement, drilling equipment, oil country tubular goods and industrial artificial intelligence...

Saudi Foreign Minister Calls for OIC Reform and Condemns Israeli Settlement Moves

Saudi Foreign Minister Prince Faisal bin Farhan urged comprehensive institutional reforms at an extraordinary Organization of Islamic Cooperation meeting in Jeddah and condemned...

Saudi Leaders Send Independence Day Congratulations to Moldova

King Salman and Crown Prince Mohammed bin Salman sent formal messages of congratulations to Moldova’s president on the country’s Independence Day.

Qassim Opens New Commercial Boulevards and Logistics Parks to Support Regional Growth

Authorities in Qassim have inaugurated upgraded commercial and industrial infrastructure intended to strengthen retail activity, improve agricultural supply chains and attract p...

Saudi Transport Authority Tightens Rules for Student Transport Operators

The Transport General Authority has urged families and schools to use only licensed passenger operators for student journeys, citing safety and security requirements ahead of th...

Saudi Border Guards Seize Hundreds of Kilograms of Prohibited Substances

Saudi border patrols intercepted several smuggling operations along the southern borders of Jazan and Asir and seized hundreds of kilograms of prohibited materials.

Jeddah Corniche Circuit Opens Saudi Toyota Championship Time Attack

The Jeddah Corniche Circuit has launched the latest Saudi Toyota Championship Time Attack, bringing leading domestic racing talent to the venue as Saudi Arabia expands its motor...
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