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Wednesday, Jun 03, 2026
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Saudi Public Investment Fund Expands Focus on Global Technology Investments

The Public Investment Fund signaled plans to increase exposure to high-growth technology sectors, including artificial intelligence hardware and quantum computing, as part of efforts to strengthen domestic innovation capabilities and technological self-sufficiency.
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Saudi Arabia Deepens AI and Digital Infrastructure Push Across Public and Private Sectors

New investments in computing facilities, government data integration and research capacity underscore Riyadh’s effort to accelerate the deployment of advanced digital technologi...

Saudi Arabia Strengthens Real Estate and Urban Development Through Major New Investments

Government-backed housing, infrastructure and redevelopment projects are continuing across multiple cities as authorities seek to expand residential capacity and modernize urban...

Saudi Women’s National Football Team Defeats Singapore 5-0 in International Friendly

The commanding victory highlighted the continued development of women’s football in Saudi Arabia and drew significant attention across regional sports media.

Saudi Arabia Launches First National Effie Awards Program

NordStella and Effie Worldwide have established the first Saudi edition of the advertising effectiveness awards, with winners set to be recognized at a Riyadh ceremony on June 11.

Saudi Arabia and Global Entertainment Partners Confirm WWE Night of Champions Return to Riyadh

The General Entertainment Authority said the event will be held at Kingdom Arena on June 27 as part of the Kingdom’s ongoing efforts to expand its international entertainment of...

Saudi Aramco Launches New Offshore Pipeline Contract Tender

The state energy company has issued another major offshore engineering and procurement tender aimed at strengthening energy transportation infrastructure along Saudi Arabia’s co...

Saudi Arabia Ends Direct Funding Support for LIV Golf

The Public Investment Fund has halted further financial allocations to LIV Golf after contributing approximately $5 billion, reflecting a broader shift toward domestic investmen...

Saudi Data and Artificial Intelligence Authority Integrates 430 Government Systems Into National Data Lake

The agency has consolidated hundreds of public-sector databases into a unified cloud platform designed to improve the speed and efficiency of government data management.

Retal Signs 1.9 Billion Riyal Development Agreement for Riyadh Heights Project

Retal will serve as the exclusive execution and marketing manager for the mixed-use Riyadh Heights development under a contract with Sakn Al Malqa Real Estate Company.

Saudi Arabia Awards $3.5 Billion in Contracts for Mecca Redevelopment

A consortium led by Umm Al-Qura, Makkah Construction and Development Company and Al-Rajhi United secured contracts worth 13 billion riyals to modernize the Hindawiyah districts ...

Saudi Arabia Delays Construction Milestones on Riyadh’s New Murabba Mukaab Project

Authorities have postponed key construction activities on the landmark cube-shaped development, redirecting near-term resources toward transport networks and industrial digital ...

Saudi Arabia Expands Housing Development Pipeline to More Than 300 Projects

The National Housing Company has broadened its portfolio across 16 cities and 26 destinations, with projects designed to accommodate more than two million residents.
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