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SAUDI ARABIA BREAKING NEWS
Jeddah Islamic Port Named Key Hub for Gemini Cooperation’s AE15 and AE19 Services
Jeddah Islamic Port Named Key Hub for Gemini Cooperation’s AE15 and AE19 Services | 📷SPA JEDDAH, August 13 (Saudi Arabia Breaking News) — Jeddah Islamic Port has been selected as a key hub for Gemini Cooperation’s AE15 and AE19 services following route changes through the Bab al-Mandab Strait and the Suez Canal, the Saudi Ports Authority said. Gemini Cooperation comprises Maersk and Hapag-Lloyd. Under the revised network, the AE19 service will call at Jeddah twice during eac
3 days ago1 min read
Aseer Governor Prince Turki bin Talal bin Abdulaziz Reviews Regional Investment Opportunities With Minister Fahad bin Abduljalil Al-Saif
Aseer Governor Prince Turki bin Talal bin Abdulaziz Reviews Regional Investment Opportunities With Minister Fahad bin Abduljalil Al-Saif ABHA, August 13 (Saudi Arabia Breaking News) — Aseer Governor and Aseer Development Authority Chairman Prince Turki bin Talal bin Abdulaziz met Minister of Investment Fahad bin Abduljalil Al-Saif on Wednesday to review the region’s development strategy, investment environment and projects. The meeting formed part of Al-Saif’s official tour o
3 days ago1 min read
Saudi Arabia Ranks Among World’s Top 10 Countries for Private AI Investment
Saudi Arabia Ranks Among World’s Top 10 Countries for Private AI Investment RIYADH, August 13 (Saudi Arabia Breaking News) — Saudi Arabia’s government data network enables more than 60 public entities to integrate information while retaining it within their own systems, according to the World Bank’s World Development Report 2026. The report, titled The Promise of Artificial Intelligence, highlighted the Saudi Data and Artificial Intelligence Authority’s role in building the i
3 days ago1 min read
Romania’s Annual Inflation Slows to 8.2% in July
Romania’s Annual Inflation Slows to 8.2% in July BUCHAREST, August 12 (Saudi Arabia Breaking News) – Romania’s annual consumer price inflation slowed to 8.2% in July from 10.4% in June, data from the country’s national statistics office showed on Wednesday. The July reading was above expectations of 7.9% and marked the lowest annual inflation rate since July 2025. Food inflation eased to 5.0% from 5.8%, while inflation for non-food goods fell to 7.9% from 12.3%. Services pric
4 days ago1 min read
King Salman bin Abdulaziz Al Saud to Patronize 10th Future Investment Initiative Conference
King Salman bin Abdulaziz Al Saud to Patronize 10th Future Investment Initiative Conference RIYADH, August 11 (Saudi Arabia Breaking News) — The tenth edition of the Future Investment Initiative Conference will take place under the patronage of Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud in Riyadh from October 26 to 29, 2026. FII10 will be held at the King Abdulaziz International Conference Center under the theme “The Power of Legacy,” examining how cu
5 days ago2 min read
Sports Boulevard Signs Contracts for SAR700 Million-Plus Urban Wadi Fund
Sports Boulevard Signs Contracts for SAR700 Million-Plus Urban Wadi Fund RIYADH, August 10 (Saudi Arabia Breaking News) — Sports Boulevard Real Estate Development and Investment Company has signed contracts with Al Jazira Capital and Rikaz Properties to establish a real estate investment fund with a combined value of more than SAR700 million. The fund will support the development of a luxury five-star hotel in Urban Wadi, located in Riyadh’s Hittin District. Rikaz Properties
6 days ago2 min read
ADNOC Oil Tanker Targeted by Missile in Strait of Hormuz, Company Says
ADNOC Oil Tanker Targeted by Missile in Strait of Hormuz, Company Says ABU DHABI, August 8 (Saudi Arabia Breaking News) — An Abu Dhabi National Oil Company oil tanker was targeted by a missile while transiting the Strait of Hormuz on Saturday morning, the company said in a statement carried by the UAE’s WAM news agency. No one was injured, and the situation is “under control,” according to the statement. The UAE Ministry of Foreign Affairs and the Gulf Cooperation Council con
Aug 82 min read
ZATCA urges businesses to submit July withholding tax returns by Aug. 10
ZATCA urges businesses to submit July withholding tax returns by Aug. 10 RIYADH, Aug. 6 (Saudi Arabia Breaking News) – Saudi Arabia’s Zakat, Tax and Customs Authority (ZATCA) urged businesses subject to withholding tax to submit their July 2026 withholding tax returns by Aug. 10, the Saudi Press Agency reported. The authority said businesses should submit their returns through ZATCA’s website to avoid late-payment penalties. Under the regulations, a penalty of 1% of the unpai
Aug 61 min read
Riyadh Air Launches First Flights to Mumbai
Riyadh Air Launches First Flights to Mumbai RIYADH, August 5, Saudi Arabia Breaking News — Riyadh Air has launched its first flights to Mumbai, marking the airline’s entry into the Indian market. Mumbai becomes Riyadh Air’s eighth scheduled destination, eight weeks after the carrier began commercial operations on June 10. The new route connects Riyadh with one of India’s main business and tourism hubs and adds another direct travel option between Saudi Arabia and India. Ticke
Aug 51 min read
International Falcon Breeders Auction to Open August 5 in Malham
International Falcon Breeders Auction to Open August 5 in Malham | 📷SPA RIYADH, August 4 (Saudi Arabia Breaking News) — The International Falcon Breeders Auction will open on August 5 at the National Center for Falcons’ headquarters in Malham, north of Riyadh, and continue through August 25. Falcon shipments have begun arriving from breeding farms in the United States, the United Kingdom, Canada, Spain, Belgium, Portugal, Germany, France, Slovenia, Poland, Russia, the Czech
Aug 41 min read
Aramco Second-Quarter Net Profit Rises 44% to $32.69 Billion
Aramco Second-Quarter Net Profit Rises 44% to $32.69 Billion RIYADH, August 4 (Saudi Arabia Breaking News) — Saudi Aramco reported a 44% increase in second-quarter net profit on Tuesday, supported by higher prices for crude oil, refined products and chemicals amid disruptions to regional shipping routes. Net profit reached $32.69 billion in the three months ended June 30, up from $22.67 billion a year earlier. Aramco rerouted shipments away from the Strait of Hormuz and maint
Aug 42 min read
Princess Sarah bint Bandar bin Abdulaziz discusses Azerbaijan’s potential membership in International Dates Council
Princess Sarah bint Bandar bin Abdulaziz discusses Azerbaijan’s potential membership in International Dates Council | 📷SPA RIYADH, August 4 (Saudi Arabia Breaking News) — Azerbaijan is considering joining the International Dates Council as the organisation expands its membership among countries that produce and import dates. The membership proposal was the focus of talks between International Dates Council Executive Director Princess Sarah bint Bandar bin Abdulaziz and Azerb
Aug 41 min read
Princess Sarah bint Bandar discusses Türkiye’s membership in International Dates Council
Princess Sarah bint Bandar discusses Türkiye’s membership in International Dates Council | 📷SPA RIYADH, August 2 (Saudi Arabia Breaking News) — Türkiye discussed possible membership in the International Dates Council during talks between the organisation’s executive director and the Turkish ambassador to Saudi Arabia. Princess Sarah bint Bandar bin Abdulaziz met Ambassador Emrullah İşler at the Turkish Embassy in Riyadh to review the membership process and the council’s work
Aug 21 min read
Riyadh Air launches direct flights to Kuala Lumpur
Riyadh Air launches direct flights to Kuala Lumpur | 📷SPA RIYADH, July 31 (Saudi Arabia Breaking News) — Riyadh Air launched its first direct service to Kuala Lumpur, opening the Saudi carrier’s first route to Southeast Asia. The airline will operate three flights a week between King Khalid International Airport in Riyadh and Kuala Lumpur International Airport. The route will provide direct travel between Saudi Arabia and Malaysia for business, tourism, trade and education.
Jul 311 min read
Almarai ranked Saudi Arabia’s most influential food and grocery brand
Almarai ranked Saudi Arabia’s most influential food and grocery brand | 📷Almarai RIYADH, July 31 (Saudi Arabia Breaking News) — Almarai was ranked the most influential food and grocery brand in Saudi Arabia and placed third among Saudi brands overall in an Ipsos study released this year. The company was the only food and beverage business to appear among the country’s 10 most influential brands. Ipsos evaluated 120 local, regional and international brands using responses fro
Jul 311 min read
Diriyah awards SAR2.7 billion contract for Waldorf Astoria complex
Diriyah awards SAR2.7 billion contract for Waldorf Astoria complex | 📷SPA RIYADH, July 30 (Saudi Arabia Breaking News) — Diriyah Company awarded a SAR2.7 billion contract for the construction of a Waldorf Astoria hotel and mixed-use complex to a Saudi joint venture. Hassan Allam Construction Saudi Limited and Urbacon Saudi Company, a subsidiary of UCC Holding, will deliver the project. The Waldorf Astoria Diriyah will include 160 rooms, 39 suites and a presidential suite acr
Jul 301 min read
Saudi falcon auction opens racing events to birds sold through 2026 sale
Saudi falcon auction opens racing events to birds sold through 2026 sale | 📷SPA RIYADH, July 28, Saudi Arabia Breaking News — Falcons sold through the 2026 International Falcon Breeders Auction will be eligible to compete in designated races offering prizes of up to SAR50 million, under a new measure aimed at attracting more breeders, investors and buyers. All races for young falcons involving Saudi and international participants will be allocated to birds purchased through
Jul 281 min read
Saudia Cargo and Riyadh Cargo sign interline agreement to expand global network
The partnership will provide additional capacity, wider market access and more flexible routes across major international trade corridors. Saudia Cargo and Riyadh Cargo sign interline agreement to expand global network | 📷SPA RIYADH, July 28, Saudi Arabia Breaking News — Saudia Cargo and Riyadh Cargo, the cargo division of Riyadh Air, signed an interline agreement on Tuesday to connect their networks and expand access to international markets. The agreement will allow custom
Jul 282 min read
Saab Wins $1 Billion GlobalEye Aircraft Order in Middle East
A GlobalEye aircraft, manufactured by Saab Technologies, on static design during the fifth day of Dubai Air Show in Dubai, United Arab Emirates November 21, 2019. REUTERS/Christopher Pik STOCKHOLM, July 28, Saudi Arabia Breaking News — Swedish defense company Saab has received an order for two GlobalEye surveillance aircraft from an undisclosed Middle Eastern country, Reuters reported. The order is valued at 10.1 billion Swedish crowns ($1.04 billion), with deliveries schedul
Jul 281 min read
ZATCA Sets July 31 Deadline for May–June Excise Tax Returns
ZATCA Sets July 31 Deadline for May–June Excise Tax Returns RIYADH, July 23, Saudi Arabia Breaking News — Saudi businesses liable for excise tax must file their returns for May and June 2026 by July 31, the Zakat, Tax and Customs Authority said. Returns must be submitted through ZATCA’s website. Businesses that miss the deadline face penalties ranging from 5% to 25% of the tax due. A separate penalty of 5% of the unpaid amount will apply for every month, or part of a month, t
Jul 231 min read
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