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SAUDI ARABIA BREAKING NEWS


Princess Sarah bint Bandar, Russian Ambassador Review Dates Sector Cooperation
Princess Sarah bint Bandar, Russian Ambassador Review Dates Sector Cooperation | Photography: SPA MOSCOW, June 2 (Saudi Arabia Breaking News) — Princess Sarah bint Bandar bin Abdulaziz, Executive Director of the International Dates Council, met Russian Ambassador to Saudi Arabia Sergey Kozlov at the Saudi Embassy in Moscow, the Saudi Press Agency reported. The meeting reviewed ways to strengthen cooperation in the dates sector and develop international partnerships supporting
Jun 21 min read


Aramco to Transfer Malaysian PRefChem Stakes to Petronas
Saudi Arabian oil company Aramco's logo during the CERAWeek energy conference 2026 in Houston, Texas, U.S., March 24, 2026. REUTERS/Danielle Villasana PARIS, May 25 (Saudi Arabia Breaking News) — Saudi Aramco will transfer its equity stakes in the PRefChem refining and petrochemical joint ventures in Malaysia to partner Petronas, ending an eight-year downstream partnership in Southeast Asia. The transaction, subject to closing conditions, will make PRefChem a wholly owned sub
May 252 min read


Sharjah Business Women Council Launches New Hub to Support Women Entrepreneurs
Sharjah Business Women Council Launches New Hub to Support Women Entrepreneurs | Photography: WAM SHARJAH, May 25 (Saudi Arabia Breaking News) — The Sharjah Business Women Council launched a new business hub in Al Mamsha to support women entrepreneurs and business owners through networking, knowledge exchange and collaboration opportunities. The space was unveiled during an open gathering attended by Sheikha Hind bint Majid Al Qasimi, Chairperson of the Sharjah Business Women
May 252 min read


Sheikha Shamma Calls for Stronger Global Collaboration to Accelerate Climate Action
Sheikha Shamma Calls for Stronger Global Collaboration to Accelerate Climate Action | Photography: WAM LONDON, May 25 (Saudi Arabia Breaking News) - The UAE sustainability leader highlighted the importance of integrated systems thinking, institutional transformation and cross-sector collaboration in addressing global climate challenges. Sheikha Shamma bint Sultan bin Khalifa Al Nahyan has called for stronger international collaboration and more integrated sustainability frame
May 252 min read


Majid Al Futtaim to close THAT Concept Store in Dubai
THAT Concept Store at Mall of the Emirates will close five years after its launch. Courtesy image DUBAI, May 22 — Majid Al Futtaim will close THAT Concept Store at Mall of the Emirates as part of a $1.3 billion redevelopment of the Dubai shopping centre, WWD reported. The final closing date has not been set. THAT Concept Store opened in 2021 as Majid Al Futtaim’s first homegrown concept destination, occupying more than 48,000 square feet across two floors in the mall’s Via Ro
May 221 min read


Richemont beats forecasts with 13% Q1 sales growth as jewellery surges — but Middle East dips 3% as Iran war keeps tourists away
Olorra high jewelry necklace Courtesy of Cartier ZURICH, May 22 — Cartier owner Richemont reported stronger-than-expected quarterly revenue on Friday, as demand in the United States and Asia offset weaker sales in the Middle East. Sales rose 13% at constant exchange rates to 5.40 billion euros ($6.27 billion) in the first quarter, above analyst forecasts of 5.30 billion euros, according to a Visible Alpha consensus. Jewellery sales rose 14%, supported by demand for Cartier, B
May 221 min read


flydubai, Cyprus Airways sign interline agreement
flydubai, Cyprus Airways sign interline agreement DUBAI, May 22 — flydubai and Cyprus Airways have signed a new interline agreement to expand international connectivity through Dubai International Airport. The agreement allows passengers to travel on a single itinerary with coordinated baggage handling and streamlined transfers via Dubai. Under the partnership, Cyprus Airways passengers travelling from Larnaca will be able to connect through Dubai to flydubai destinations inc
May 221 min read


Elie Saab signs eyewear licensing deal with Ophy Eyewear
Elie Saab signs eyewear licensing deal with Ophy Eyewear | Photography: Elie Saab MILAN, May 21 — Elie Saab has signed a three-year licensing agreement with Italy-based Ophy Eyewear for the design, production and distribution of its eyewear collections. The agreement, which can be renewed, covers optical frames and sunglasses and marks the fashion house’s latest move to expand its accessories business. The first collection under the partnership will debut on the runway during
May 211 min read


Saudi Tax Authority urges businesses to file April VAT returns by May 31
Saudi tax authority urges businesses to file April VAT returns by May 31 RIYADH, May 21 — Saudi Arabia’s Zakat, Tax and Customs Authority urged businesses subject to value-added tax with annual supplies exceeding SAR40 million ($10.7 million) to file April VAT returns by May 31. The authority said businesses should submit returns through its website or smartphone application to avoid late-filing penalties ranging from 5% to 25% of the unpaid tax amount. Value-added tax is app
May 211 min read


Saudi Fashion Commission signs MoU with Italy’s MinervaHub
Saudi Fashion Commission signs MoU with Italy’s MinervaHub RIYADH, May 20, 2026 (Saudi Arabia Breaking News) – Saudi Arabia’s Fashion Commission signed a memorandum of understanding in Riyadh with MinervaHub, an Italian group specialized in production and innovative manufacturing in the fashion and luxury sector, establishing a framework for developing advanced industrial expertise and supporting the growth of the fashion sector in the Kingdom. “Out partnership with MinervaHu
May 201 min read


Saudi business revenue index rises 10.2% year-on-year in March
Saudi business revenue index rises 10.2% year-on-year in March RIYADH, May 20 — Saudi Arabia’s operating revenue index rose 10.2% year-on-year in March 2026, the General Authority for Statistics said in its short-term business indicators bulletin. The index increased 8.1% from February, supported by growth across several economic activities, GASTAT said. Mining and quarrying recorded the strongest monthly increase, rising 38.6%, while manufacturing grew 4.4%. Financial and in
May 201 min read


Riyadh Air opens public sales for Riyadh-London flights
Riyadh Air opens public sales for Riyadh-London flights | Photography: SPA RIYADH, May 19 (Saudi Arabia Breaking News) – Riyadh Air announced the launch of full public ticket sales for flights between Riyadh’s King Khalid International Airport and London Heathrow, the Saudi Press Agency reported. The route will begin operating with Riyadh Air’s new Boeing 787-9 Dreamliner aircraft from July 1, 2026. Tickets are available through the Riyadh Air app, the airline’s website and a
May 191 min read


Qiddiya hosts more than 800 beneficiaries at Six Flags Qiddiya City
Qiddiya hosts more than 800 beneficiaries at Six Flags Qiddiya City | Photography: SPA RIYADH, May 19 (Saudi Arabia Breaking News) – Qiddiya Investment Company hosted more than 800 beneficiaries from charitable associations at Six Flags Qiddiya City as part of a community initiative, the Saudi Press Agency reported. The initiative provided guests with a full day of entertainment, including rides, activities and food and beverage options. Qiddiya said the initiative reflects i
May 191 min read


UAE announces four-day paid holiday for private sector on Arafat Day and Eid Al Adha, May 26–29
UAE announces four-day paid holiday for private sector on Arafat Day and Eid Al Adha, May 26–29 (Photography: WAM) ABU DHABI, May 18 (Saudi Arabia Breaking News) – The UAE Ministry of Human Resources and Emiratisation announced that May 26 to 29 will be a paid holiday for all private sector employees on the occasion of Arafat Day and Eid Al-Adha, WAM reported. The ministry said the decision was issued in line with the UAE Cabinet resolution on official public holidays.
May 181 min read


Dubai to host Knowledge Summit 2026 in November
Dubai to host Knowledge Summit 2026 in November (Photography: Courtesy of WAM) DUBAI, May 14 (Saudi Arabia Breaking News) – The Mohammed bin Rashid Al Maktoum Knowledge Foundation and the United Nations Development Programme will organize the 11th edition of the Knowledge Summit on Nov. 17-18 at the Dubai World Trade Centre, WAM reported. The summit will be held under the theme “Knowledge: Navigating Crises in a Changing World.” The event will focus on global economic, techno
May 151 min read


ZAIN KSA Launches AI – powered Smart Hajj Platform
Zain KSA launches AI-powered Smart Hajj Platform across 450 5G towers and deploys 1,240-strong workforce for 1447 AH season (Photography: Supplied) RIYADH, May 14, 2026 (Saudi Arabia Breaking News) – Saudi telecom operator Zain KSA has completed its technical and workforce preparations for the 1447 AH Hajj season, anchored by the launch of its Smart Hajj Platform – an AI-powered network management system designed to deliver intelligent, end-to-end connectivity across the Hajj
May 143 min read


PIF named Official Tournament Supporter of FIFA World Cup 2026 in North America and Asia
RIYADH, May 14, 2026 (Saudi Arabia Breaking News) – Saudi Arabia’s Public Investment Fund (PIF) and FIFA have announced PIF as an Official Tournament Supporter in North America and Asia of the FIFA World Cup 2026, to be staged across the United States, Canada and Mexico. The partnership incorporates two PIF companies: Savvy Games Group, Saudi Arabia’s national and global champion for games and esports, and Qiddiya City, Saudi Arabia’s future capital of entertainment, sport an
May 141 min read


Miraval The Red Sea to open on May 15
Miraval The Red Sea set to welcome guests with stunning beachfront villas and lush gardens on May 15. RIYADH, May 13 (Saudi Arabia Breaking News) – Red Sea Global announced that Miraval The Red Sea will begin welcoming guests on May 15, marking the first international expansion of the luxury Miraval brand outside the United States, the Saudi Press Agency reported. The company said the launch reinforces the Red Sea destination’s position as a global tourism hub after occupancy
May 131 min read


FII Institute announces agenda and speakers for FII PRIORITY Europe 2026
RIYADH, May 11 – The Future Investment Initiative (FII) Institute on Monday unveiled the strategic agenda and first wave of headline speakers for FII PRIORITY Europe 2026, set to take place in Rome from June 17-19. Held under the theme “Europe Reimagined: Capital, Sovereignty & Strategic Autonomy,” the summit will bring together global investors, policymakers, business executives and innovators to discuss Europe’s long-term competitiveness across sectors including energy, art
May 112 min read


Aramco CEO: World has lost one billion barrels of oil in two months; market recovery will take time even if flows resume
Aramco's President and CEO Amin Nasser attends the 56th annual World Economic Forum (WEF) meeting in Davos, Switzerland, January 20, 2026. REUTERS/Denis Balibouse RIYADH, May 10 (Saudi Arabia Breaking News) – The world has lost approximately one billion barrels of oil over the past two months due to shipping disruptions at the Strait of Hormuz, and energy markets will time to stabilize even if flows resume, Saudi Aramco Executive Amin Nasser warned on Sunday, as the company
May 101 min read
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