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Saudi Fund for Development backs $80 million Bahrain electricity project | 📷SPA MANAMA, Bahrain, June 23 — The Saudi Fund for Development participated in the inauguration of the Al-Ramli electricity transmission stations project in Bahrain, funded through an $80 million Saudi grant provided through the fund. The inauguration was held under the patronage of Bahrain’s Deputy Prime Minister Sheikh Khalid bin Abdullah Al Khalifa. The project aims to strengthen electricity and wa

UAE passenger rail network to launch on September 30 | 📷WAM ABU DHABI, UAE, June 23 — Abu Dhabi Crown Prince Sheikh Khaled bin Mohamed bin Zayed Al Nahyan inaugurated Mohamed bin Zayed City Passenger Train Station in Abu Dhabi and witnessed the unveiling of the UAE passenger rail network, which is set to launch on September 30, 2026. Sheikh Khaled toured the station’s main facilities, reviewed operational readiness procedures and was briefed on infrastructure, passenger-flow

Saudi Arabia becomes Middle East’s largest tourism development market | 📷SPA RIYADH, Saudi Arabia, June 23 — Saudi Arabia has attracted more than $120 billion in new tourism investment, with over 50 international hospitality brands expanding across the Kingdom, the Saudi Press Agency reported, citing a special report released by the Ministry of Tourism. The report, titled “Global Investments in Saudi Tourism,” was launched during the Future Hospitality Summit in Riyadh, whic

Saudi Arabia Signs Vaccine Manufacturing Agreements to Strengthen Animal Health Preparedness | SPA RIYADH, June 23 (Saudi Arabia Breaking News) - Saudi Arabia signed a tripartite memorandum of understanding to advance the localization and production of veterinary vaccines in the Kingdom, as part of efforts to strengthen national capabilities in animal disease prevention. The agreement was signed by the National Livestock and Fisheries Development Program, AniVax and Boehringe

Saudi Tax Authority Sets June 30 Deadline for May VAT Returns RIYADH, June 22 (Saudi Arabia Breaking News) - Saudi Arabia’s Zakat, Tax and Customs Authority urged business establishments subject to value-added tax with annual goods and service revenues exceeding SAR40 million to file their May 2026 tax returns by June 30. The authority called on establishments to submit their returns through the ZATCA app before the deadline to avoid late filing penalties. Failure to file wit

Hail Airport Passenger Traffic Exceeds 1.2 Million Across 10,000 Flights | SPA HAIL, June 22 (Saudi Arabia Breaking News) - Hail International Airport handled more than 1.2 million domestic and international passengers across more than 10,000 flights during 2025 and the first quarter of 2026, according to Cluster2 Airports. The airport currently serves eight destinations: Riyadh, Jeddah, Dammam, Kuwait City, Cairo, Doha, Dubai and Sharjah. Nine airlines operate flights throug

Riyadh International Industry Week 2026 Opens With 337 Companies From 17 Countries | 📷SPA RIYADH, June 22 (Saudi Arabia Breaking News) - Saudi Arabia’s Vice Minister of Industry and Mineral Resources for Industrial Affairs Khalil bin Salamah inaugurated Riyadh International Industry Week 2026 at the Riyadh International Convention and Exhibition Center on Monday. The event, organized by Riyadh Exhibitions Company Ltd., runs until June 24 and brings together companies, indust

FII PRIORITY Europe 2026 Concludes in Rome With Focus on Capital, AI and Institutional Reform RIYADH, June 20 (Saudi Arabia Breaking News) - FII PRIORITY Europe 2026 concluded in Rome with a speech by FII Institute CEO Princess Dr. Maha bint Mishari bin Abdulaziz, marking her first plenary address to the summit since assuming the role, the Saudi Press Agency reported. Princess Dr. Maha called on governments, investors and business leaders to treat the frameworks and roadmaps

FII PRIORITY Europe Opens in Rome With Focus on Investment, Technology and Economic Growth | SPA RIYADH, June 19 (Saudi Arabia Breaking News) - The first day of FII PRIORITY Europe 2026 concluded at the Rome Cavalieri, A Waldorf Astoria Hotel, bringing together heads of state, sovereign wealth funds, global banking executives and industry leaders to discuss the future of economic growth in Europe, the Saudi Press Agency reported. The summit is hosted by the FII Institute unde

Riyadh Air Launches Daily Direct Flights Between Riyadh and Dubai | 📷SPA RIYADH, June 19 (Saudi Arabia Breaking News) - Riyadh Air has launched daily direct flights between Riyadh and Dubai, operated by Boeing 787-9 Dreamliner aircraft, the Saudi Press Agency reported. Flight RX243 departed King Khalid International Airport in Riyadh at 2:05 p.m. local time and arrived at Dubai International Airport at 5:00 p.m. local time. The return flight, RX244, departs Dubai at 6:30 p.m

Saudi Arabia Rises to 13th in IMD World Competitiveness Yearbook RIYADH, June 18 (Saudi Arabia Breaking News) - Saudi Arabia rose four places in the 2026 IMD World Competitiveness Yearbook, ranking 13th globally among 70 economies and third among G20 economies. The annual yearbook, published by the International Institute for Management Development, is one of the main global benchmarks for assessing national competitiveness. The Saudi Competitiveness and Business Center monit

Saudi Annual Inflation Reaches 1.8% in May 2026 RIYADH, June 15 (Saudi Arabia Breaking News) - Saudi Arabia’s annual inflation rate reached 1.8% in May 2026 compared with the same month a year earlier, according to the Consumer Price Index. On a monthly basis, the Consumer Price Index rose by 0.2% compared with April 2026. The Wholesale Price Index recorded an annual increase of 4.6% in May compared with May 2025. Month-on-month, the Wholesale Price Index rose by 1.2% from Ap

Watch and Jewellery Middle East Show Draws Strong Turnout at Expo Centre Sharjah | WAM SHARJAH, June 12 (Saudi Arabia Breaking News) - The 57th edition of the Watch and Jewellery Middle East Show continued to attract strong visitor turnout and international participation at Expo Centre Sharjah. The exhibition, which runs until June 14, brings together 400 exhibitors and representatives from 11 international markets. The event includes five international pavilions from Italy,

Saudi Industry Minister Highlights Kazakhstan Role in Critical Minerals Partnerships | 📷SPA ASTANA, June 12 (Saudi Arabia Breaking News) - Saudi Minister of Industry and Mineral Resources Bandar Alkhorayef described Kazakhstan as a trusted partner in the critical minerals sector, citing its importance for the energy transition, electricity and advanced manufacturing. The remarks came during a high-level panel discussion on global partnerships and the future of mining and min

EDGE Launches European Defence Company Headquartered in Paris ABU DHABI, June 11 (Saudi Arabia Breaking News) - Abu Dhabi-based advanced technology and defence group EDGE launched EDGE Europe on Thursday, a French-registered commercial enterprise headquartered in Paris. The company will operate through a strategic head office in the Chaillot neighbourhood of central Paris and an engineering and manufacturing hub in Bordeaux. EDGE Europe will focus on defence technology, indus

Global Security and Technology Summit to Be Held in Riyadh Under Crown Prince Mohammed bin Salman’s Patronage RIYADH, June 11 (Saudi Arabia Breaking News) - The Global Security and Technology Summit will be held in Riyadh from December 18 to 20 under the patronage of Crown Prince Mohammed bin Salman. The Ministry of Interior will organize the summit in partnership with Tuwaiq Academy. Minister of Interior Prince Abdulaziz bin Saud bin Naif expressed gratitude to the Crown Pri

Riyadh Air Launches Inaugural Boeing 787-9 Dreamliner Flight to London Heathrow RIYADH, June 10 (Saudi Arabia Breaking News) - Riyadh Air launched its inaugural flight from King Khalid International Airport in Riyadh to London Heathrow Airport, marking the debut of the airline’s Boeing 787-9 Dreamliner fleet. The flight, RX401, arrived in London at 7:30 a.m. local time, according to the Saudi Press Agency. Riyadh Air, the Kingdom’s new national carrier and a subsidiary of the

Watch and Jewellery Middle East Show Opens at Expo Centre Sharjah | 📷WAM SHARJAH, June 10 (Saudi Arabia Breaking News) - The 57th edition of the Watch and Jewellery Middle East Show opens at Expo Centre Sharjah, bringing together 400 local and international exhibitors from 19 countries. The exhibition, organized by Expo Centre Sharjah with support from the Sharjah Chamber of Commerce and Industry, will run from June 10 to 14. The event will feature gold and jewellery manufac

Saudi Industry Minister Discusses Industrial and Mining Cooperation at Astana Financial Centre ASTANA, June 10 (Saudi Arabia Breaking News) - Saudi Minister of Industry and Mineral Resources Bandar bin Ibrahim AlKhorayef visited the Astana International Financial Centre and discussed industrial and mining cooperation with its governor, Renat Bekturov. The meeting reviewed opportunities to expand economic and investment partnerships between Saudi Arabia and Kazakhstan in prior

Turkish Airlines, Al Ghazal Sign Agreement for Al-Ahsa–Rize Flights | Photography: SPA AL-AHSA, June 9 (Saudi Arabia Breaking News) — Turkish Airlines and Al Ghazal travel and tourism agency signed an agreement to launch direct flights between Al-Ahsa International Airport and Rize–Artvin Airport in Türkiye, the Saudi Press Agency reported. The signing was sponsored by Al-Ahsa Governor Prince Saud bin Talal bin Badr. The agreement supports efforts to strengthen international