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Saudi Annual Inflation Reaches 1.8% in May 2026 RIYADH, June 15 (Saudi Arabia Breaking News) - Saudi Arabia’s annual inflation rate reached 1.8% in May 2026 compared with the same month a year earlier, according to the Consumer Price Index. On a monthly basis, the Consumer Price Index rose by 0.2% compared with April 2026. The Wholesale Price Index recorded an annual increase of 4.6% in May compared with May 2025. Month-on-month, the Wholesale Price Index rose by 1.2% from Ap

EDGE Launches European Defence Company Headquartered in Paris ABU DHABI, June 11 (Saudi Arabia Breaking News) - Abu Dhabi-based advanced technology and defence group EDGE launched EDGE Europe on Thursday, a French-registered commercial enterprise headquartered in Paris. The company will operate through a strategic head office in the Chaillot neighbourhood of central Paris and an engineering and manufacturing hub in Bordeaux. EDGE Europe will focus on defence technology, indus

Global Security and Technology Summit to Be Held in Riyadh Under Crown Prince Mohammed bin Salman’s Patronage RIYADH, June 11 (Saudi Arabia Breaking News) - The Global Security and Technology Summit will be held in Riyadh from December 18 to 20 under the patronage of Crown Prince Mohammed bin Salman. The Ministry of Interior will organize the summit in partnership with Tuwaiq Academy. Minister of Interior Prince Abdulaziz bin Saud bin Naif expressed gratitude to the Crown Pri

Riyadh Air Launches Inaugural Boeing 787-9 Dreamliner Flight to London Heathrow RIYADH, June 10 (Saudi Arabia Breaking News) - Riyadh Air launched its inaugural flight from King Khalid International Airport in Riyadh to London Heathrow Airport, marking the debut of the airline’s Boeing 787-9 Dreamliner fleet. The flight, RX401, arrived in London at 7:30 a.m. local time, according to the Saudi Press Agency. Riyadh Air, the Kingdom’s new national carrier and a subsidiary of the

Watch and Jewellery Middle East Show Opens at Expo Centre Sharjah | 📷WAM SHARJAH, June 10 (Saudi Arabia Breaking News) - The 57th edition of the Watch and Jewellery Middle East Show opens at Expo Centre Sharjah, bringing together 400 local and international exhibitors from 19 countries. The exhibition, organized by Expo Centre Sharjah with support from the Sharjah Chamber of Commerce and Industry, will run from June 10 to 14. The event will feature gold and jewellery manufac

Emirates and Real Madrid Renew Sponsorship Partnership Until 2031 | 📷WAM PARIS, June 10 (Saudi Arabia Breaking News) - Emirates and Real Madrid CF have renewed their partnership until 2031, extending one of football’s highest-profile sponsorship agreements. The renewal will keep Emirates as Official Main Sponsor and Official Airline Partner of Real Madrid’s men’s and women’s teams. Emirates branding will continue to appear on player jerseys, training kits and team staff appa

Saudi Industry Minister Discusses Industrial and Mining Cooperation at Astana Financial Centre ASTANA, June 10 (Saudi Arabia Breaking News) - Saudi Minister of Industry and Mineral Resources Bandar bin Ibrahim AlKhorayef visited the Astana International Financial Centre and discussed industrial and mining cooperation with its governor, Renat Bekturov. The meeting reviewed opportunities to expand economic and investment partnerships between Saudi Arabia and Kazakhstan in prior

Turkish Airlines, Al Ghazal Sign Agreement for Al-Ahsa–Rize Flights | Photography: SPA AL-AHSA, June 9 (Saudi Arabia Breaking News) — Turkish Airlines and Al Ghazal travel and tourism agency signed an agreement to launch direct flights between Al-Ahsa International Airport and Rize–Artvin Airport in Türkiye, the Saudi Press Agency reported. The signing was sponsored by Al-Ahsa Governor Prince Saud bin Talal bin Badr. The agreement supports efforts to strengthen international

Financial Academy Launches Women Leadership Development Initiative RIYADH, June 9 (Saudi Arabia Breaking News) — The Financial Academy launched the Women Leadership Development initiative, a national program aimed at strengthening women’s leadership in Saudi Arabia’s financial services sector. The launch brought together women leaders, regulatory bodies, financial institutions, and academic and strategic partners. Financial Academy CEO Mana Alkhamsan said the program was deve

A general view of the old city district, amid the U.S.-Israeli conflict with Iran, in Muscat, Oman, March 7, 2026. REUTERS/Benoit Tessier MUSCAT, June 9 (Saudi Arabia Breaking News) — Oman signed 10 agreements and memorandums of understanding to establish new projects in the Special Economic Zone at Duqm, with estimated investments valued at $7.5 billion, Oman’s state news agency reported. The agreements were signed by Oman’s Public Authority for Special Economic Zones and Fr

Saudi Real GDP Grows 3.0% in First Quarter of 2026 RIYADH, June 9 (Saudi Arabia Breaking News) — Saudi Arabia’s real gross domestic product grew 3.0% in the first quarter of 2026 compared with the same period in 2025, supported by growth in oil and non-oil activities. Oil activities and non-oil activities each expanded by 2.9% year on year. Government activities grew by 1.5%. Compared with the fourth quarter of 2025, seasonally adjusted real GDP declined by 1.2%. Non-oil acti

Saudi FDA Signs Pharmaceutical Cooperation MoU With Russian Institute | Photography: SPA ST. PETERSBURG, June 6 (Saudi Arabia Breaking News) — The Saudi Food and Drug Authority signed a memorandum of understanding with Russia’s State Institute of Drugs and Good Practices on the sidelines of the 29th St. Petersburg International Economic Forum. The agreement was signed in the presence of Saudi Energy Minister Prince Abdulaziz bin Salman. SFDA Vice President for Operations Sami

Riyadh Air Receives First Two Boeing 787-9 Dreamliners | Photography: SPA RIYADH, June 6 (Saudi Arabia Breaking News) — Riyadh Air received its first two custom-built Boeing 787-9 Dreamliners at King Khalid International Airport in Riyadh, marking a key step in the launch of Saudi Arabia’s new national carrier. The aircraft arrived in tandem at about 10 a.m. local time and received a water cannon salute upon touchdown. The aircraft, operating under the call signs Riyadh 1 an

Saudi Ambassador to U.S. Visits Boeing Facilities in South Carolina | Photography: SPA CHARLESTON, June 5 (Saudi Arabia Breaking News) — Saudi Ambassador to the United States Princess Reema bint Bandar visited Boeing’s facilities in Charleston, South Carolina, the Saudi Press Agency reported. Princess Reema toured the company’s facilities and viewed several aircraft designated for Riyadh Air. The visit underscored the partnership between Saudi Arabia and the United States an

Saudi Arabia's Minister of Energy Prince Abdulaziz bin Salman Al Saud attends a session at the St. Petersburg International Economic Forum (SPIEF) in Saint Petersburg, Russia June 4, 2026. REUTERS/Anastasia Barashkova ST. PETERSBURG, June 4 (Saudi Arabia Breaking News) — Saudi Energy Minister Prince Abdulaziz bin Salman met his Russian counterpart in St. Petersburg on Thursday and called for stability in the energy sector as the Iran and Ukraine wars disrupt oil output and ex

Saudi Economy Minister, Canadian Trade Minister Discuss Economic Cooperation | Photography: SPA PARIS, June 4 (Saudi Arabia Breaking News) — Saudi Minister of Economy and Planning Faisal Alibrahim met Canadian Minister of International Trade Maninder Sidhu on the sidelines of the OECD Ministerial Council Meeting in Paris, the Saudi Press Agency reported. The two ministers discussed ways to strengthen economic, investment and trade relations between Saudi Arabia and Canada. Th

Saudi Ballooning Federation Concludes FAI Commission Meeting in AlUla | Photography: SPA ALULA, June 4 (Saudi Arabia Breaking News) — The Saudi Ballooning Federation concluded the annual meeting of the FAI Ballooning Commission in AlUla, the Saudi Press Agency reported. The meeting brought together more than 50 international representatives and experts from 24 countries. The event included technical and organizational meetings and sessions, as well as a cultural and social pr

Saudi Arabia Participates as Guest of Honor at St. Petersburg Economic Forum ST. PETERSBURG, June 4 (Saudi Arabia Breaking News) — Saudi Arabia is participating as Guest of Honor at the 29th St. Petersburg International Economic Forum, the Saudi Press Agency reported. The forum is being held in St. Petersburg under the theme “Pragmatic dialogue: the path to a stable future.” Saudi Arabia’s participation coincides with the centenary of diplomatic relations between Saudi Arabia