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SAUDI ARABIA BREAKING NEWS


PIF Governor opens Private Sector Forum in Riyadh, cites 190 opportunities worth over SAR 40 bln
SPA Riyadh, February 9, 2026 (SABN) – Public Investment Fund (PIF) Governor Yasir Al-Rumayyan inaugurated the fourth edition of the PIF Private Sector Forum on Monday at the King Abdulaziz International Conference Center in Riyadh, running from February 9 to 10. Al-Rumayyan said Saudi Arabia was seeing rising competitiveness, rapid development of supporting sectors and value chains, and growing ambitions, with opportunities increasingly driven by innovation and execution. He
Feb 91 min read


IMF and Arab Monetary Fund sign cooperation memorandum at AlUla emerging markets conference
SPA Riyadh, February 9, 2026 (SABN) – The International Monetary Fund and the Arab Monetary Fund signed a memorandum of understanding on the sidelines of the AlUla Conference on Emerging Market Economies to strengthen cooperation between the two institutions. The memorandum was signed by IMF Managing Director Kristalina Georgieva and Arab Monetary Fund Director General Fahad Alturki. The agreement aims to strengthen coordination in economic and financial policy areas includin
Feb 91 min read


Washington Post CEO Will Lewis to Step Down; CFO Jeff D’Onofrio Named Acting Chief
A view of The Washington Post building ahead of a 'Save the Post' rally by union members and supporters outside The Washington Post after widespread layoffs were announced, in Washington, D.C., U.S., February 5, 2026. REUTERS/Ken Cedeno WASHINGTON, February 7, 2026 (Saudi Arabia Breaking News) – Washington Post publisher and CEO Will Lewis is leaving the newspaper, with the move announced on Saturday after a week of layoffs at the publication. In a message to staff, Lewis wro
Feb 81 min read


Saudi Arabia unveils multi-sector investment package for Syria, including $2 billion fund
Syrian President Ahmed al-Sharaa meets with Saudi Crown Prince Mohammed bin Salman, in Riyadh, Saudi Arabia, October 29, 2025. Saudi Press Agency/Handout via REUTERS DAMASCUS, February 8, 2026 (Saudi Arabia Breaking News) – Saudi Arabia announced on Saturday a broad investment package for Syria across energy, aviation, real estate and telecommunications, in one of the largest economic commitments to the Syrian market in recent years. Saudi Investment Minister Khalid Al-Falih
Feb 82 min read


flynas signs deal to launch “flynas Syria,” with operations planned for Q4 2026
SPA DAMASCUS, February 7, 2026 (Saudi Arabia Breaking News) – Saudi low-cost carrier flynas signed an agreement on Saturday with Syria’s General Authority of Civil Aviation and Air Transport to establish a new commercial airline, flynas Syria, with operations scheduled to begin in the fourth quarter of 2026. The signing took place in the presence of Syrian President Ahmad Al-Sharaa and was framed as part of broader Saudi-Syrian economic cooperation and investment coordination
Feb 81 min read


Riyadh Air, Mastercard launch travel-payments alliance focused on digital ecosystem
RIYADH, February 5, 2026 (Saudi Arabia Breaking News) – Riyadh Air and Mastercard unveiled an alliance on Thursday linking payments, travel and technology, with both sides positioning the partnership as a platform for consumer payments, premium airport services and next-generation B2B travel payments. A Riyadh Air press release described the partnership as part of a broader plan to build an integrated financial and payment ecosystem tied to the airline’s digital-first operati
Feb 51 min read


Aroya Cruises to launch first Gulf season on February 21
SPA JEDDAH, February 5, 2026 (Saudi Arabia Breaking News) – Aroya Cruises, the first Arab cruise line and a unit of Cruise Saudi wholly owned by the Public Investment Fund, announced the launch of its first Gulf season in February. Operations in the Gulf are scheduled to run from February 21, 2026, to May 8, 2026. The company positioned the season around its “Remarkably Arabian” concept, combining Saudi cultural identity with international cruise standards through food offeri
Feb 51 min read


ZATCA sets February 10 deadline for January withholding tax returns
RIYADH, February 5, 2026 (Saudi Arabia Breaking News) – The Zakat, Tax and Customs Authority (ZATCA) called on establishments subject to withholding tax in the Kingdom to submit January 2026 withholding tax returns no later than February 10, 2026. ZATCA urged taxpayers to file returns promptly through its official portal and warned that late payment triggers a penalty of 1% of unpaid tax for every 30 days of delay from the due date. The authority said business taxpayers seeki
Feb 51 min read


Princess Sarah bint Bandar meets Oman agriculture minister in Muscat on dates sector cooperation
SPA MUSCAT, February 4, 2026 (Saudi Arabia Breaking News) – Princess Sarah bint Bandar bin Abdulaziz, executive director of the International Dates Council, met Omani Minister of Agricultural, Fisheries and Water Resources Dr. Saud bin Hamoud Al-Habsi in Muscat on Wednesday. The meeting reviewed cooperation in the dates sector and discussed coordination frameworks aimed at increasing added value and improving the competitiveness of dates in regional and international markets,
Feb 41 min read


Restatex Real Estate Exhibition 2026 scheduled for February 11-14 in Riyadh
SPA RIYADH, February 4, 2026 (Saudi Arabia Breaking News) – The 35th edition of the Restatex Real Estate Exhibition 2026 will be held from February 11 to February 14 at the Riyadh International Convention and Exhibition Center. The event will be held under the patronage of Minister of Municipalities and Housing Majed Al-Hogail and is expected to host government agencies, real estate companies, developers and investors. Restatex 2026 will also feature the first PropNext forum,
Feb 41 min read


Airbus CEO calls for stronger global collaboration as aircraft production strains supply chains
WAM DUBAI, February 4, 2026 (Saudi Arabia Breaking News) – Guillaume Faury said the scale of modern aircraft manufacturing and recent supply chain disruptions are increasing pressure on the aviation industry, calling for stronger global collaboration during remarks at World Governments Summit 2026. Speaking in a session titled “How Do We Keep the World Connected?”, moderated by Richard Quest of CNN, the Airbus chief executive said a single aircraft includes around three milli
Feb 42 min read


Mohammed bin Rashid Al Maktoum attends Pedro Sanchez address at World Governments Summit 2026
WAM DUBAI, February 4, 2026 (Saudi Arabia Breaking News) – Dubai ruler Sheikh Mohammed bin Rashid Al Maktoum attended the main address delivered by Spanish Prime Minister Pedro Sanchez on the opening day of the World Governments Summit 2026, which runs for three days under the theme “Shaping Future Governments,” according to summit organisers. In his remarks, Sanchez outlined five measures Spain plans to implement to curb harms linked to social media and protect minors, inclu
Feb 42 min read


Aldar adds Abu Dhabi land plots with AED23 bln gross development value
WAM Riyadh, February 3, 2026 (Saudi Arabia Breaking News) – Aldar added several strategic land plots across Abu Dhabi with a combined gross development value of about AED23 billion, expanding its landbank and building a pipeline for long-term growth across key development corridors. The sites span more than 2.3 million square metres and are expected to deliver around 3,000 new homes across plots on Saadiyat Island, Yas Island and areas adjacent to Yas Island. Aldar said the p
Feb 41 min read


Saudi Fashion Commission, Kering launch second Kering Generation Award in MENA for 2026
SPA RIYADH, February 3, 2026 (Saudi Arabia Breaking News) – Saudi Fashion Commission and Kering on Tuesday launched the second edition of the Kering Generation Award in the Middle East and North Africa for 2026, during the opening ceremony of a global retail sector leaders forum hosted at the Embassy of France in Saudi Arabia. The new edition follows the 2025 programme, which drew more than 500 applications, shortlisted 21 projects for the final round and produced three winne
Feb 32 min read


King Abdulaziz International Airport reports record January traffic with 5.45 million passengers
SPA JEDDAH, February 3, 2026 (Saudi Arabia Breaking News) – King Abdulaziz International Airport recorded 5.45 million passengers in January, up 7.3% from the same month in 2025, as the airport posted what it described as record operational results since the start of 2026. The airport handled 29,200 flights during the month, an 11% increase year-on-year, while total baggage reached 6.6 million items, up 8% compared with January last year. The airport registered its highest op
Feb 31 min read


Saudi Arabia, Türkiye sign renewable energy deal for up to 5,000 MW of solar projects
SPA RIYADH, February 3, 2026 (Saudi Arabia Breaking News) – Saudi Arabia and Türkiye signed an agreement on renewable energy power plant projects during the official visit of Turkish President Recep Tayyip Erdogan to the Kingdom, covering solar power projects in Türkiye with total installed capacity of up to 5,000 megawatts, SPA reported. The agreement was signed in Riyadh by Saudi Energy Minister Prince Abdulaziz bin Salman bin Abdulaziz Al Saud and Turkish Energy and Natura
Feb 31 min read


Saudi non-oil private-sector growth eases in January as cost pressures build – PMI
Riyadh, February 3, 2026 (Saudi Arabia Breaking News) – Saudi Arabia’s non-oil private sector continued to expand in January, but at a slower pace than the previous month, as rising input costs added pressure despite firm demand, a purchasing managers’ survey showed. The seasonally adjusted Riyad Bank Saudi Arabia Purchasing Managers’ Index fell to 56.3 in January from 57.4 in December, its lowest level in six months, while remaining firmly in expansion territory. A reading a
Feb 31 min read


Saudi Media Forum session focuses on travel-media strategies for tourism branding
SPA Riyadh, February 3, 2026 (Saudi Arabia Breaking News) – A discussion session at the fifth Saudi Media Forum examined trends in travel-media production and its role in reinforcing national identity and raising the competitiveness of tourism destinations in Saudi Arabia. The session, titled “Travel Media Industry: Strategies and Trends,” brought together Abdullah Al-Dakhil, spokesperson for the Saudi Tourism Authority; Noirin Higarty, editor-in-chief of Lest Noire magazine;
Feb 31 min read


Saudi Aramco completes $4 billion international bond issue in four tranches
Dhahran, February 3, 2026 (Saudi Arabia Breaking News) – Saudi Aramco completed a $4 billion international bond issue across four tranches under its international medium-term note programme, the company announced on Tuesday. The first tranche was $500 million of senior notes due 2029 with a yield of 4.0%. The second was $1.5 billion of senior notes due 2031 with a yield of 4.375%. The third was $1.25 billion of senior notes due 2036 with a yield of 5.0%. The fourth was $750 m
Feb 31 min read


Sharjah records AED1.049 bln in Kuwaiti real estate investment in 2025
WAM Riyadh, February 3, 2026 (Saudi Arabia Breaking News) – Sharjah Real Estate Registration Department reported Kuwaiti real estate investment of 1.049 billion dirhams ($286 million) in Sharjah in 2025, alongside higher trading activity and a larger investor base. The figures were released during “UAE and Kuwait: Brothers Forever” week, highlighting the expansion of Kuwaiti participation in Sharjah’s property market. Kuwaiti nationals owned 5,660 properties in Sharjah, and K
Feb 31 min read
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