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📷SPA RIYADH, November 10, 2025 (Saudi Arabia Breaking News)  – The ninth edition of the Future Investment Initiative (FII9) , organized by the Future Investment Initiative Institute , concluded in Riyadh after four days of high-level discussions and global investment commitments under the theme “The Key to Prosperity: Unlocking New Frontiers of Growth.” The conference, held from October 27 to 30, 2025, brought together over 9,000 delegates , including 20 heads of state , 600

📷SPA RIYADH, November 6 (Saudi Arabia Breaking News) – The opening day of Biban Forum 2025, organized by the Small and Medium Enterprises General Authority (Monsha’at), saw 47 startups presenting their business ideas to investors and enabling entities on the Pitching Stage. The startups – backed by local and international accelerators such as Amad Tech, The Garage, BLOOSM, Orbit, and 500 Global – represented a broad scope of industries, including fintech, logistics, digital

RIYADH, November 6 (Saudi Arabia Breaking News) – The General Authority for Statistics (GASTAT) released its 2024 Road Transport Statistics report today, detailing key indicators of land transport activity across Saudi Arabia. The number of passengers arriving and departing through land border crossings exceeded 65.9 million in 2024. Arrivals accounted for 33.1 million passengers (50.3%), while departures totaled 32.8 million (49.7%). The King Fahd Causeway was the busiest bo

📷SPA RIYADH, November 5 (Saudi Arabia Breaking News)  – The Biban Forum 2025, organized by the Small and Medium Enterprises General Authority ( Monsha’at ), opened today at the Riyadh Front Exhibition and Conference Center under the theme “A Global Destination for Opportunities” . Running from November 5 to 8, the forum brings together representatives from more than 150 countries , with over 200 speakers , 150 enabling entities , and 1,000 exhibitors , including local, regio

RIYADH, November 6 (Saudi Arabia Breaking News) – The Zakat, Tax and Customs Authority (ZATCA) has called on businesses subject to withholding tax in Saudi Arabia to submit their October filings by November 10 via its official website, zatca.gov.sa. ZATCA warned that late submissions will incur penalties amounting to 1% of the unpaid tax for every 30 days past the due date. For assistance, taxpayers can contact ZATCA through its 24/7 call center at 19993, the @Zatca_Care acco

📷SPA RIYADH, November 3 (Saudi Arabia Breaking News) – The Saudi Falcons Club Auction 2025 continued on its 19th night at the club’s headquarters in Malham, north of Riyadh, coinciding with the Kingdom’s annual falconry season, which runs from October 1 to November 30. During the auction, a young Shaheen falcon, caught in Al-Muwailih by falconers Ali and Saleem Salem Al-Adaisani, was sold for SAR71,000 after opening bids at SAR40,000. The auction has become a destination for

Riyadh, Saudi Arabia, November 3 (Saudi Arabia Breaking News) – The General Authority of Civil Aviation (GACA) has released its monthly performance report for September 2025, evaluating the Kingdom’s domestic and international airports based on 11 key indicators aimed at enhancing passenger services and overall airport experience. Airports were divided into five categories. In the category of international airports handling more than 15 million passengers annually, King Khali

📷 A view shows oil pump jacks outside Almetyevsk in the Republic of Tatarstan, Russia June 4, 2023. REUTERS/Alexander Manzyuk Vienna, November 3 (Saudi Arabia Breaking News) – OPEC+ is set to approve a modest rise in oil production targets for December, according to three sources familiar with the ongoing discussions, as the producers’ group takes a cautious approach amid rising concerns about a potential supply surplus. The 23-member group, led by Saudi Arabia and Russia, h

📷SPA Riyadh, October 30 (Saudi Arabia Breaking News)  – The Future Investment Initiative (FII) Institute  has launched SAGE , an agentic AI platform  designed to help policymakers design, test, and refine public policies  before implementation, improving efficiency, equity, and citizen outcomes. Developed in collaboration with leading global AI experts , SAGE combines AI-driven policy simulation , sovereign computing infrastructure , and multilingual co-pilots  customized fo

📷SPA Riyadh, October 30 (Saudi Arabia Breaking News) – Yasir Al-Rumayyan, Governor of the Public Investment Fund (PIF), outlined the fund’s remarkable transformation and growth during his participation in the ninth edition of the Future Investment Initiative (FII9), held at the King Abdulaziz International Conference Center in Riyadh under the theme “The Key to Prosperity: Unlocking New Frontiers of Growth.” Al-Rumayyan, who also chairs Saudi Aramco’s Board of Directors and

Riyadh, October 30 (Saudi Arabia Breaking News) – Saudi Arabia’s economy recorded a 5.0% growth in real GDP during the third quarter of 2025, compared to the same period last year, according to flash estimates released by the General Authority for Statistics (GASTAT). The results showed strong performance across key sectors, with oil activities expanding by 8.2%, non-oil activities by 4.5%, and government activities by 1.8%. On a quarterly basis, seasonally adjusted real GDP

📷SPA Riyadh, October 29 (Saudi Arabia Breaking News) – King Khalid International Airport has launched a campaign aimed at strengthening its position in the Skytrax Top 100 Airports 2026 ranking, following its achievement of placing 24th globally in 2025, becoming the first Saudi airport to reach such an advanced position. The initiative forms part of Riyadh Airports Company’s efforts—as the operator of King Khalid International Airport—to build on its record of accomplishmen

📷SPA Riyadh, October 29 (Saudi Arabia Breaking News)  – Syrian President Ahmad al-Sharaa  emphasized Saudi Arabia’s pivotal role in the region and its emergence as an economic compass for investors under the leadership of His Royal Highness Prince Mohammed bin Salman bin Abdulaziz Al Saud , Crown Prince and Prime Minister. Speaking during a session at the ninth edition of the Future Investment Initiative (FII9)  Conference in Riyadh, President al-Sharaa said that the Kingdom

📷SPA Riyadh, October 29 (Saudi Arabia Breaking News) – Talal Al-Marri, CEO of Expo 2030 Riyadh Company, highlighted the Saudi capital’s strategic position as the ideal host city for Expo 2030, noting that 50 percent of the world’s population can reach Riyadh within six hours. Speaking during a session at the ninth Future Investment Initiative (FII9) Conference, held under the theme “The Key to Prosperity,” Al-Marri said that Expo 2030 is expected to attract more than 42 mill

📷SANA Riyadh, October 29 (Saudi Arabia Breaking News) – His Royal Highness Prince Naif bin Sultan bin Mohammed bin Saud Al Kabeer Al Saud, Chairman of the Board of Directors of Almarai Company, met on Wednesday with President Ahmad al-Sharaa of the Syrian Arab Republic on the sidelines of the ninth Future Investment Initiative (FII9) conference in Riyadh. The meeting was attended by Syrian Foreign Minister Asaad Hassan al-Shaibani and Head of the Investment Authority Talal a

📷SPA Riyadh, October 29 (Saudi Arabia Breaking News) – The ninth edition of the Future Investment Initiative (FII9) continued its sessions in Riyadh on Tuesday, addressing themes related to humanity, sustainable development, tax reform, spending efficiency, and strategies to attract long-term foreign investment. A session titled “Is Humanity Heading in the Right Direction?” brought together high-level participants, including the Prime Ministers of Pakistan and Albania and th

📷SPA Riyadh, October 28 (Saudi Arabia Breaking News) – The Public Investment Fund (PIF) and the UK Export Finance (UKEF), the United Kingdom’s export credit agency, have signed a memorandum of understanding (MoU) to enhance financial collaboration and expand trade and investment opportunities between Saudi Arabia and the United Kingdom. Under the agreement, both sides will work to identify joint financing opportunities and explore new avenues for cooperation between PIF, its

Riyadh, October 28 (Saudi Arabia Breaking News) – Saudi Aramco said on Monday it has completed an $11 billion lease and leaseback transaction for its Jafurah gas processing assets, in partnership with a group of international investors led by Global Infrastructure Partners (GIP), a subsidiary of BlackRock. The deal, first announced in August, is part of Aramco’s strategy to unlock additional value from its infrastructure portfolio and attract long-term institutional investmen

Riyadh, October 28 (Saudi Arabia Breaking News)  – The National Infrastructure Fund (Infra)  and JPMorgan  have signed a memorandum of understanding (MoU) to jointly pursue structured financing solutions for Saudi infrastructure projects. The signing ceremony was attended by Minister of Economy and Planning and Chairman of the National Infrastructure Fund Faisal Alibrahim  and Chairman and CEO of JPMorgan Jamie Dimon . The MoU establishes a framework for co-investment in the

📷SPA Riyadh, October 28 (Saudi Arabia Breaking News) – Minister of Investment Eng. Khalid bin Abdulaziz Al-Falih announced that foreign direct investment (FDI) in Saudi Arabia has quadrupled, surpassing initial targets and demonstrating that Vision 2030 is a reality, not a dream. Speaking during a panel titled “Leaders of Public-Private Alliances” at the ninth edition of the Future Investment Initiative (FII9), Al-Falih said that the Kingdom’s economy is no longer dependent