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SAUDI ARABIA BREAKING NEWS


Japan economy returns to growth in fourth quarter as consumption edges up
Riyadh, February 16, 2026 (Saudi Arabia Breaking News) – Japan’s economy expanded at an annualised real rate of 0.2% in the October–December period, marking the first growth in two quarters, according to government data released on Monday. Real gross domestic product rose 0.1% from the July–September period, based on a preliminary report by the Cabinet Office. For the full year 2025, nominal GDP increased 4.5% from the previous year to 662.79 trillion yen ($4.3 trillion), Kyo
Feb 161 min read


Emaar reports record financial performance in 2025
SPA Dubai, February 15, 2026 (Saudi Arabia Breaking News) – Emaar Properties PJSC (DFM: EMAAR) reported record financial and operational results for the full year 2025, driven by strong demand across its property development, retail, hospitality, and international businesses. The company achieved its highest-ever revenue, reaching AED 49.6 billion (US$13.5 billion), a 40% increase compared to 2024, primarily due to strong domestic operations. EBITDA rose to AED 25.6 billion (
Feb 151 min read


Trump expected to attend Saudi Future Investment Initiative in Miami – Reuters
U.S. President Donald Trump looks on as he makes an announcement on the repeal of a scientific finding that greenhouse gas emissions endanger human health, removing the legal basis for federal climate regulations, at the White House in Washington, D.C., U.S., February 12, 2026. REUTERS/Jonathan Ernst Washington, February 14, 2026 (Reuters via Saudi Arabia Breaking News) – U.S. President Donald Trump is expected to attend Saudi Arabia’s Future Investment Initiative (FII) confe
Feb 141 min read


Saudi-backed Midad signs term sheet to acquire Lukoil’s sanctioned assets, pending US approval – Reuters
A Lukoil fuel station is pictured in Newark, New Jersey, U.S., March 3, 2022. REUTERS/Eduardo Munoz Riyadh, February 13, 2026 (Reuters via Saudi Arabia Breaking News) – Saudi-backed Midad Energy has signed a term sheet to acquire Russia’s sanctioned Lukoil assets, in a deal contingent on U.S. regulatory approval, three sources familiar with the matter said. The agreement, signed in late January, covers all targeted assets. Midad has placed its all-cash offer in escrow while a
Feb 131 min read


SAMI concludes World Defense Show 2026 participation with strategic agreements and new industrial initiatives
SPA Riyadh, February 12, 2026 (Saudi Arabia Breaking News) – Saudi Arabian Military Industries (SAMI), a Public Investment Fund company, concluded its participation in the third edition of the World Defense Show 2026, marking a milestone in Saudi Arabia’s defense industrial transformation. During the five-day event, SAMI signed 25 strategic agreements, launched new specialized companies including SAMI Land Company and SAMI Autonomous Company, and introduced the SAMI Land Indu
Feb 131 min read


Indonesian pavilion highlights defense technologies at World Defense Show 2026
SPA Riyadh, February 13, 2026 (Saudi Arabia Breaking News) – The Indonesian pavilion at the third edition of the World Defense Show in Riyadh showcased a range of advanced military and security technologies, highlighting the diversity of the global defense industry. The pavilion featured defense products, integrated solutions, research and development services, and technologies designed to enhance operational readiness and improve the efficiency of military systems. The World
Feb 131 min read


World Defense Show 2026 concludes in Riyadh with record participation and deals
SPA Riyadh, February 13, 2026 (Saudi Arabia Breaking News) – The third edition of the World Defense Show 2026 concluded on Thursday in Riyadh after five days of international engagement. The biennial exhibition, organized by the General Authority for Military Industries (GAMI) under the patronage of Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud, attracted record participation from the global defense sector. The event featured 1,486 exhibitors from 89 cou
Feb 131 min read


Dubai International handles record 95.2 million passengers in 2025
Dubai, February 12, 2026 (Saudi Arabia Breaking News) – Dubai International Airport (DXB) welcomed 95.2 million passengers in 2025, up 3.1% from the previous year, marking the busiest year in the airport’s history and the highest annual international passenger traffic recorded at any airport. DXB achieved record levels across the year, including its busiest day, month, quarter, and annual totals. December was the busiest month with 8.7 million passengers, while the fourth qua
Feb 121 min read


Bulgarian companies showcase defense technologies at World Defense Show 2026 in Riyadh
SPA Riyadh, Saudi Arabia, February 12, 2026 (Saudi Arabia Breaking News) – Bulgarian companies are presenting their latest military and security technologies at the third edition of the World Defense Show 2026 in Riyadh. The exhibitors are showcasing models of weapons and ammunition, military spare parts manufacturing services, and specialized engineering solutions for the defense sector. Their participation has attracted attention from international specialists in military a
Feb 121 min read


Saudi Arabia announces third edition of Human Capability Initiative under Crown Prince patronage
SPA Riyadh, February 13, 2026 (Saudi Arabia Breaking News) – Under the patronage of Crown Prince Mohammed bin Salman bin Abdulaziz Al Saud, Saudi Arabia’s Human Capability Development Program (HCDP) has announced the third edition of the Human Capability Initiative (HCI), scheduled for May 3–4, 2026, at the King Abdulaziz International Conference Center in Riyadh. The conference, themed “The Human Code,” will focus on three pillars: safeguarding human connection, reasoning th
Feb 111 min read


Saudi tourism sector posts record growth in 2025, Minister says
SPA Riyadh, February 10, 2026 (Saudi Arabia Breaking News) – Saudi Arabia’s tourism sector saw significant growth in 2025, setting new records for spending and visitor numbers, Minister of Tourism Ahmed Al-Khateeb said during the Public Investment Fund Private Sector Forum. Al-Khateeb noted that the sector’s contribution to GDP has risen from 3.5% in 2019 to 5%, with a target of 10%, and that employment has surpassed one million, up from around 750,000. He emphasized the role
Feb 111 min read


Saudi Arabia, Spain sign MoUs to boost cooperation on civil aviation, future transport
SPA RIYADH, February 10, 2026 (Saudi Arabia Breaking News) – Saudi Arabia and Spain signed two memoranda of understanding on Tuesday to strengthen cooperation in civil aviation and future modes of transportation. Saudi Minister of Transport and Logistic Services Saleh Al-Jasser and Spain’s Minister of Transport and Sustainable Mobility Óscar Puente signed the agreements at the Saudi transport ministry headquarters in Riyadh. The memoranda aim to develop technical, regulatory
Feb 101 min read


Saudi defense ministry signs 28 contracts at World Defense Show in Riyadh
SPA Riyadh, February 10 (Saudi Arabia Breaking News) – Saudi Arabia’s Ministry of Defense signed 28 contracts with local and international companies specialising in military industries during the World Defense Show (WDS) 2026 in Riyadh, the ministry said. Defense Assistant Minister for Executive Affairs Khaled Biyari signed four contracts with the chief executives of France’s MBDA, Raytheon Saudi Arabia, South Korea’s Hanwha Aerospace, and Italy’s Leonardo. Ministry of Defens
Feb 101 min read


SAMI opens land industrial complex, launches HEET vehicles and local content programme at World Defense Show
SPA Riyadh, February 10 (Saudi Arabia Breaking News) – Saudi Arabian Military Industries (SAMI) inaugurated the SAMI Land Industrial Complex at the World Defense Show and launched a new wheeled armoured vehicle line under the HEET Program, alongside a local content programme designed to build national defence supply chains. The complex spans 82,000 square metres within an industrial area of one million square metres and operates in line with Industry 4.0 technologies, leverag
Feb 102 min read


Saudi Industry Minister says kingdom seeks deeper industrial, investment ties with Russia
SPA Riyadh, February 10, 2026 (Saudi Arabia Breaking News) – Saudi Arabia’s Minister of Industry and Mineral Resources Bandar Alkhorayef said the kingdom is committed to deepening industrial and investment partnerships with Russia and pursuing joint opportunities in priority sectors, the Saudi Press Agency reported on Tuesday. Alkhorayef delivered the remarks in a keynote address at the International Industrial Exhibition “INNOPROM. Saudi Arabia” in Riyadh, which runs through
Feb 102 min read


Riyadh Season tops MENA brands ranking, wins top Loeries award, GEA chairman says
SPA Riyadh, February 9, 2026 (SABN) – General Entertainment Authority Chairman Turki Alalshikh said Riyadh Season ranked first among brands in the Middle East and North Africa and won first place at the Loeries Awards, while its creative partner, BigTime Creative Shop, was ranked first among creative agencies in the region. Alalshikh announced the results in a post on his official X account. Riyadh Season is a major entertainment initiative in Saudi Arabia, featuring events a
Feb 101 min read


Boeing highlights defence partnerships at World Defense Show in Riyadh
SPA Riyadh, February 9, 2026 (SABN) – Boeing is presenting a range of aerospace and defence systems at the World Defense Show in Riyadh, which runs from February 8 to 12. Boeing Global President Brendan Nelson said the company’s relationship with Saudi Arabia spans nearly five decades, adding that its participation at the exhibition reflects continued engagement in defence readiness and capability development. The company highlighted cooperation with Saudi partners across the
Feb 91 min read


Alula Emerging Markets Conference opens with calls for stronger policy coordination amid trade, finance reset
SPA Riyadh, February 9, 2026 (SABN) – Saudi Arabia’s finance minister Mohammed Aljadaan and International Monetary Fund Managing Director Kristalina Georgieva opened the second edition of the AlUla Conference for Emerging Market Economies on Sunday, with officials and experts focusing on policy coordination as global trade and financial systems undergo rapid change. Hosted by AlUla Governorate and organised by the Ministry of Finance in partnership with the IMF, the conferenc
Feb 92 min read


Saudi Industrial Development Centre, Airbus sign aviation localisation memorandum at World Defense Show
SPA Riyadh, February 9, 2026 (SABN) – Saudi Arabia’s National Industrial Development Center signed a memorandum of cooperation with Airbus to explore opportunities to develop and localise the aviation and helicopter industry in the Kingdom. The signing took place on the sidelines of the World Defense Show in Riyadh under the patronage of Minister of Industry and Mineral Resources Bandar Alkhorayef. Under the memorandum, the two sides will examine steps to build an integrated
Feb 91 min read


RCU signs MoU with ASICS to enhance sports development and talent pathways in AlUla
SPA Riyadh, February 9, 2026 (SABN) – The Royal Commission for AlUla has signed a memorandum of understanding with ASICS to strengthen cooperation on sports development, talent pathways and performance services. The agreement, signed at the Cultural Oasis in AlUla, establishes a framework under which the commission will explore opportunities to draw on ASICS’ technical and operational expertise, including assessment and analytical support, to enhance sporting experiences in t
Feb 91 min read
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