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Riyadh, February 1, 2026 (Saudi Arabia Breaking News) – The fourth edition of the Riyadh Global Medical Biotechnology Summit will be held from September 14 to September 16 under the patronage of Crown Prince Mohammed bin Salman bin Abdulaziz Al Saud, chairman of the board of Riyadh Biocentral Foundation. The summit is set to bring together government leaders, decision-makers, chief executives of major pharmaceutical companies, experts and investors in medical biotechnology, i

SPA Riyadh, February 1, 2026 (Saudi Arabia Breaking News) – Saudi Arabia will host the Global CSR Forum in Riyadh on October 5 and October 6 under the patronage of Custodian of the Two Holy Mosques **King Salman bin Abdulaziz Al Saud. The forum will be organised by the **Ministry of Human Resources and Social Development. The second edition is designed to build on the inaugural event, which focused on strengthening collaboration between government, private and non-profit sect

Riyadh, January 30, 2026 (SABN) – Saudi Arabia recorded record growth in air traffic in 2025, with passenger numbers rising 9.6%, outperforming regional rates and supported by tourism growth, global events and expanding international air connectivity, according to 2025 aviation statistics. The Kingdom’s airports handled about 140.9 million passengers, including 76 million international and 65 million domestic passengers, the statistics showed. Flights increased 8.3% to around

Riyadh, January 29, 2026 (Saudi Arabia Breaking News) – Invest Saudi opened registration for non-Saudi companies and entities seeking to make real estate investments in the Kingdom, directing applicants to the Invest Saudi Platform and its approved investment pathways and incentives. The step is linked to the enforcement of the Law of Real Estate Ownership by Non-Saudis, a regulatory change tied to the Kingdom’s efforts to strengthen rules governing the real estate market and

SPA RIYADH, Jan 29, 2026 (Saudi Arabia Breaking News) – Saudi Arabia is drafting plans to expand its premium residency programme to a wider range of people, including superyacht owners, residents of flagship development projects and top students, Reuters reported, citing a person with direct knowledge of the matter. The deliberations have not been finalised and form part of efforts to attract foreign capital and visitors under Crown Prince Mohammed bin Salman’s Vision 2030 pl

SPA RIYADH, Jan 29, 2026 (Saudi Arabia Breaking News) – SAMI Advanced Electronics Company (SAMI-AEC), a Saudi Arabian Military Industries company under the Public Investment Fund, announced a strategic collaboration with Lockheed Martin to open a new software factory in Riyadh, aimed at accelerating local development of advanced software solutions and supporting Saudi Arabia’s digital command-and-control ecosystem. The software factory is designed as an end-to-end platform fo

WAM UMM AL QAIWAIN, United Arab Emirates, Jan 28, 2026 (Saudi Arabia Breaking News) – Umm Al Qaiwain is expanding its eco-tourism offering, positioning its coastline and mangrove reserves as a core draw for visitors seeking nature-based stays and outdoor activities. The emirate has been promoting tourism centred on its beaches and mangrove forests, while rolling out new tourism centres and projects designed to balance development with environmental preservation as part of a b

SPA Riyadh, Jan 28, 2026 (Saudi Arabia Breaking News) – Saudi Arabia’s Ministry of Commerce announced the launch of a Ramadan sales season running from Feb. 1 to March 26, 2026, covering 54 days. The ministry said the season will include Ramadan-related goods and Eid necessities, aiming to encourage early shopping ahead of Ramadan and the Eid al-Fitr period and reduce last-minute congestion. Retail establishments and online stores can apply electronically for discount permits

S[A Jeddah, Jan 28 (Saudi Arabia Breaking News) – The Formula 1 stc Saudi Arabian Grand Prix has contributed to direct and indirect economic activity in Jeddah, supporting tourism and stimulating commercial and investment momentum in the city, according to figures and assessments outlined in the event summary. Race-period demand lifted hotel occupancy and air travel activity, with spillover across hospitality, retail and services, and increased business activity along the Jed

A Chevron logo at the Chevron building in Houston, Texas, U.S. August 19, 2025. REUTERS/Kaylee Greenlee BASRA/LONDON, Jan 28 (Saudi Arabia Breaking News) – U.S. oil major Chevron is seeking improved contractual terms from Iraq as a condition for taking over the giant West Qurna 2 oilfield from Russia’s Lukoil, three sources familiar with the matter said. Iraq nationalised the oilfield earlier this month after the United States imposed sanctions on Lukoil linked to the war in

Riyadh, Jan 27 (Saudi Arabia Breaking News) – Saudi Arabia has paused planned construction of the Mukaab, a colossal cube-shaped skyscraper at the centre of Riyadh’s New Murabba development, while it reassesses the project’s financing and feasibility, four people familiar with the matter told Reuters. The Mukaab is the latest Vision 2030-linked gigaproject to face curbs or delays as the Public Investment Fund (PIF), Saudi Arabia’s $925 billion sovereign wealth fund, recalibra

SPA Riyadh, Jan 27 (Saudi Arabia Breaking News) – The Saudi Agricultural Development Fund signed a memorandum of understanding with Tharawat Al-Bihar Saudi Fish Company to strengthen cooperation in training and investment opportunities across the agricultural and food sectors, according to the Saudi Press Agency. The MoU was signed under the patronage of Deputy Minister of Environment, Water and Agriculture Mansour bin Hilal Al-Mushaiti on the sidelines of the International F

ALMARAI Riyadh, Jan 27 (Saudi Arabia Breaking News) – Saudi food producer Almarai announced the signing of five strategic contracts worth a combined 276 million riyals ($73.6 million) as it expands investments in seafood, targeting new production facilities, wider product offerings and the adoption of new technologies. The announcement was made during the fifth Saudi International Marine Exhibition and Conference (SIMEC) in Riyadh, which Almarai sponsored, according to the co

SPA Riyadh, Jan 26 (Saudi Arabia Breaking News) – Deputy Minister of Environment, Water and Agriculture Mansour bin Hilal Al-Mushaiti said Saudi Arabia’s fisheries sector has posted record results, with aquaculture production exceeding 192,000 tonnes and exports reaching about 59,000 tonnes shipped to more than 35 countries, valued at over 1.3 billion riyals. Al-Mushaiti delivered the remarks while opening the fifth edition of the Saudi International Marine Exhibition (SIMEC)

SPA Riyadh, Jan 26 (Saudi Arabia Breaking News) – World Bank Vice President for People Mamta Murthi said the partnership between Saudi Arabia and the World Bank offers a practical model for translating evidence-based policies into economic opportunities for companies of all sizes, supporting job creation and human capital development. Speaking at the third International Labour Market Conference in Riyadh, Murthi said workforce systems must evolve to match rapid shifts in the

SPA Riyadh, Jan 26 (Saudi Arabia Breaking News) – The Saudi Fashion Commission signed a memorandum of understanding with Four Directions Real Estate Development Company to launch the “Fashion District” as an integrated urban destination dedicated to the fashion sector, according to a statement issued on the sidelines of the fifth Real Estate Future Forum. The initiative is designed to empower creative industries and support Riyadh’s positioning as a regional and global hub fo

French food group Danone logo is seen at the company headquarters in Paris, France, February 5, 2024. REUTERS/Sarah Meyssonnier Paris, Jan 26 (Saudi Arabia Breaking News) – Shares in Danone and Nestle fell on Monday after French company Vitagermine widened a precautionary recall of baby formula over concerns about possible contamination, affecting four manufacturers so far and raising the risk of combined losses exceeding $1 billion. Companies impacted by the recalls of infan

WAM Riyadh, January 24, 2026 (Saudi Arabia Breaking News) – Expo Centre Sharjah said it will launch the seventh edition of the Jewels of Emirates Show from Jan. 28 to Feb. 1, featuring more than 180 UAE jewellery makers, over 500 brands and international designers. The event, organised by Expo Centre Sharjah with support from the Sharjah Chamber of Commerce and Industry (SCCI), will showcase diamond, platinum, gold and silver jewellery alongside gemstones, pearls and luxury w

SPA Riyadh, January 24, 2026 (Saudi Arabia Breaking News) – Saudi Arabia’s Minister of Industry and Mineral Resources Bandar Alkhorayef said meeting rapidly growing global demand for critical minerals requires integrating government policy, long-term investment and advanced technologies, alongside stronger supply chains and infrastructure. Alkhorayef made the remarks during a dialogue session on the future of minerals at the Saudi House pavilion on the sidelines of the World

SPA Riyadh, January 23, 2026 (Saudi Arabia Breaking News) – Saudi Arabia’s Cultural Development Fund (CDF) concluded its participation at the World Economic Forum’s annual meeting in Davos on Thursday, after hosting a series of activities at the Saudi House focused on positioning culture as an economic growth driver. The fund engaged more than 200 international experts, including economists and investors, through a programme that included a networking breakfast, a panel discu