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SAUDI ARABIA BREAKING NEWS


UAE’s Umm Al Qaiwain expands eco-tourism offerings with mangrove-based projects
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
10 hours ago2 min read


Saudi commerce ministry launches Ramadan sales season from Feb 1
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
11 hours ago1 min read


F1 Saudi Arabian Grand Prix in Jeddah boosts tourism and local commerce
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
23 hours ago1 min read


Chevron seeks improved terms in Iraq talks before taking over Lukoil oilfield - sources
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
1 day ago1 min read


Saudi Arabia pauses work on Mukaab at New Murabba as project is reassessed, Reuters reports
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
1 day ago2 min read


Saudi Agricultural Development Fund signs MoU with Tharawat Al-Bihar Saudi Fish Company at Riyadh fisheries expo
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
1 day ago1 min read


Almarai signs SAR 276 mln in contracts at SIMEC to expand seafood facilities at KAEC
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
2 days ago2 min read


Saudi deputy environment minister highlights record aquaculture output as Riyadh hosts SIMEC fisheries expo
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)
2 days ago1 min read


World Bank’s Mamta Murthi cites Saudi partnership as model for evidence-based policy to jobs, human capital
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
2 days ago2 min read


Saudi Fashion Commission signs deal to launch “Fashion District” as integrated destination for sector
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
2 days ago1 min read


Danone, Nestle shares fall as baby formula recall widens on contamination concerns
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
2 days ago2 min read


Sharjah jewellery show to feature 180 UAE makers, new luxury pavilion
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
4 days ago2 min read


Saudi minister calls for policy, investment and technology integration to meet rising critical minerals demand
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
4 days ago2 min read


Saudi Arabia to host WEF Global Collaboration and Growth meeting in Jeddah in April
SPA Riyadh, January 22, 2026 (Saudi Arabia Breaking News) – Saudi Arabia will host the World Economic Forum’s Global Collaboration and Growth Meeting in Jeddah on April 22-23, 2026, under the theme “Building Common Ground and Reviving Growth,” according to an announcement made on the final day of the forum’s 56th Annual Meeting in Davos. Economy and Planning Minister Faisal Alibrahim confirmed the dates of the regular high-level WEF meeting, first announced at the 2025 annual
5 days ago1 min read


Saudi Arabia, Ecuador sign general cooperation agreement at WEF in Davos
SPA DAVOS, Switzerland, Jan 21, 2026 (Saudi Arabia Breaking News) – Saudi Foreign Minister Prince Faisal bin Farhan bin Abdullah met Ecuador’s Minister of Foreign Affairs and Human Mobility, Gabriela Sommerfeld, on the sidelines of the World Economic Forum Annual Meeting 2026 in Davos, and the two sides signed a general cooperation agreement. During the meeting, the ministers reviewed bilateral relations and ways to strengthen cooperation in several fields, and exchanged view
Jan 211 min read


Saudi Red Sea Authority issues new national rules for beach operators
SPA Riyadh, Jan 20, 2026 (Saudi Arabia Breaking News) – The Saudi Red Sea Authority (SRSA) has launched new requirements and regulations for beach operators, creating a unified national framework aimed at developing coastal tourism by managing risks, improving service quality and prioritising life protection, the authority said. The framework covers more than 1,800 km of the Kingdom’s Red Sea coastline and limits beach operations to licensed entities. Licences will be valid f
Jan 201 min read


Fitch Affirms Saudi Arabia’s ‘A+’ Rating with Stable Outlook
Riyadh, January 18, 2026 (Saudi Arabia Breaking News) – Fitch Ratings affirmed Saudi Arabia’s Long-Term Foreign-Currency Issuer Default Rating (IDR) at ‘A+’ with a Stable Outlook, citing strong fiscal and external positions. Fitch said the Kingdom’s government debt-to-GDP ratio and sovereign net foreign assets remain considerably stronger than the median for both the ‘A’ and ‘AA’ rating categories. The agency noted that Saudi Arabia maintains substantial fiscal buffers throug
Jan 201 min read


Saudi Arabia Announces Strategic Collaboration Between Fashion Commission and Retail Leaders Circle Forum
SPA Riyadh, January 19, 2026 (Saudi Arabia Breaking News) – Saudi Arabia’s Fashion Commission and the Retail Leaders Circle (RLC) Global Forum announced a strategic collaboration that will bring industry leaders from fashion, retail, investment and policymaking to Riyadh in February, the organizations said. The partnership will coincide with the forum taking place on February 3–4 and will include joint initiatives and discussions on the future of the fashion and retail sector
Jan 191 min read


Saudia Unveils Special “Saudi, Welcome to Arabia” Aircraft Livery to Support Tourism Promotion
SPA Riyadh, January 19, 2026 (Saudi Arabia Breaking News) – Saudia has introduced a special aircraft livery featuring the “Saudi, Welcome to Arabia” design as part of its partnership with the Saudi Tourism Authority to promote the Kingdom as a global tourism destination, the airline said. The Boeing 787-9 aircraft carrying the new branding will operate across Saudia’s international network as part of a year-round campaign aimed at highlighting Saudi Arabia’s growing tourism s
Jan 191 min read


Saudi Arabia and World Economic Forum to Establish Centre for Cyber Economics in Riyadh
SPA Riyadh, January 18, 2026 (Saudi Arabia Breaking News) – The Global Cybersecurity Forum (GCF) and the World Economic Forum (WEF) have agreed to establish the Centre for Cyber Economics (CCE) in Riyadh, the organizations said. The agreement was signed during the WEF Annual Meeting 2025 in Davos. The Centre is designed to serve as an international platform for studying the economic dimension of cybersecurity. Its work will focus on generating research, analytical tools, and
Jan 181 min read
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