Saudi Press

Saudi Arabia and the world
Saturday, Oct 03, 2026
 English
 English Arabic HebrewHindiTagalogUrdu
Add Your News

Saudi PIF Shifts 2026-2030 Strategy Toward Greater Domestic Investment

The Public Investment Fund is targeting roughly 80% of capital deployment inside Saudi Arabia and 20% internationally under its updated five-year strategy, increasing its focus on domestic economic development.
Newsletter
Related Articles

Riyadh Season Unveils Winter 2026 Entertainment and Sports Calendar

Organizers announced a schedule featuring championship boxing, international music concerts and large-scale cultural exhibitions for the upcoming Riyadh Season.

Saudi Aramco Trading Expands Refined Products Network Across Asian Ports

Saudi Aramco’s trading arm signed long-term storage and logistics agreements at Asian terminals to strengthen distribution of refined fuels and petrochemical feedstocks.

Saudia Maintains Strong Global On-Time Performance Rankings

Saudi Arabia’s national carrier remained among leading airlines for punctuality and operational performance across domestic and international services.

Saudi Red Sea Authority Tightens Environmental Rules for Yacht Tourism

The Saudi Red Sea Authority introduced new requirements covering navigation, anchoring and environmental protection as luxury marine tourism expands along the western coast.

KAUST Launches Quantum Computing and Advanced Semiconductor Research Initiative

King Abdullah University of Science and Technology opened a specialized research laboratory focused on quantum computing and advanced semiconductor design.

Diriyah Gate Advances Heritage Restoration and Luxury Hospitality Projects

The Diriyah Gate development reported progress on traditional mud-brick restoration, luxury hotel projects and pedestrian cultural districts near Riyadh.

King Salman Park Prepares for Initial Public Opening in Riyadh

Authorities are finalizing preparations for the soft opening of King Salman Park, a major urban green and cultural development in the Saudi capital.

Saudi Arabia Reports Lower Unemployment and Continued Real Wage Growth

The General Authority for Statistics reported continued declines in national unemployment and steady real wage gains, supported by hiring across the non-oil private sector.

French Companies Expand Investment in Saudi Digital and Renewable Infrastructure

French technology and renewable energy companies signed new investment agreements in Saudi Arabia covering artificial intelligence infrastructure and cultural projects alongside...

Saudi-Egypt Trade Reaches $82.2 Billion Over Five Years

Bilateral trade between Saudi Arabia and Egypt totaled $82.2 billion over the past five years, supported by private investment and joint infrastructure projects.

Neom Opens Tenders for Freight Rail Network Serving Oxagon Port

Neom launched international tenders for the design and construction of a freight railway intended to connect the Oxagon industrial port with wider regional logistics corridors.

SABIC Expands Advanced Petrochemical Investment in Jubail and Yanbu

Saudi Basic Industries Corporation increased spending on higher-value petrochemical processing and more sustainable manufacturing technologies across its industrial operations.
Saudi Press
Add Your News
Playlist Hide
0:00
0:00
Open
0:00
0:00
Close
Spicy Food Is Linked to Lower Death Risk — but It Is Not a Miracle Cure
Iranian Hackers Shut Down British Power Plant for Four Days in Landmark Cyber Attack
Cristiano Ronaldo and Georgina Rodríguez Sign Prenup Protecting Their Separate Fortunes
Google Launches Pixel 11 With Gemini AI at the Center of Its Hardware Strategy
Turkish Parliament Passes Landmark Bill Granting Conditional Amnesty to Disarmed PKK Members
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
×