All Articles

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

DarGlobal CEO Ziad El Chaar speaks during an interview with Reuters in Riyadh, Saudi Arabia, January 11, 2026. REUTERS/Hamad I Mohammed Riyadh, January 12, 2026 (Saudi Arabia Breaking News) – Saudi real estate developer Dar Global will launch two Trump-branded luxury projects in Riyadh and Jeddah with a combined value of $10 billion, CEO Ziar El Chaar said on Sunday. El Chaar told Reuters the Riyadh plans include a Trump National Golf Course and a Trump International Hotel in

SPA Riyadh, Jan 12, 2026 (Saudi Arabia Breaking News) – Saudi Arabia’s delivery sector recorded more than 124 million orders in the fourth quarter of 2025, up 60% from the same period a year earlier, according to a statistical bulletin issued by the Transport General Authority (TGA). The authority attributed the growth to ongoing development in the sector, including innovation in logistics services, wider use of technological solutions and rising reliance on e-commerce, which

Riyadh, Jan 12, 2026 (Saudi Arabia Breaking News) – Saudi Arabia’s General Authority for Statistics (GASTAT) said the Kingdom’s Industrial Production Index for November 2025 rose 10.4% year on year, driven by gains in mining and quarrying, manufacturing, and utility-related activities. The index fell 0.7% compared with October 2025, GASTAT said in its Industrial Production Index bulletin. Mining and quarrying recorded a 12.6% year-on-year increase in November, supported by hi

Riyadh, January 6, 2026 (Saudi Arabia Breaking News) – Saudi Arabia’s National Debt Management Center (NDMC) said it completed investor request intake for the Kingdom’s first international bond issuance of 2026 under its Global Medium-Term Note Issuance Programme (GMTN), with an order book of around $31 billion. NDMC said the order book represented an oversubscription of 2.7 times, and that the Kingdom issued a total of $11.5 billion (equivalent to SAR43.13 billion) through a

SPA Jeddah, January 3, 2026 (Saudi Arabia Breaking News) – King Abdulaziz International Airport reported a record 53.4 million passengers in a single year, the highest annual count recorded at a Saudi airport, according to a statement on the airport’s performance. The airport also handled 310,000 flights and processed 60.4 million pieces of baggage, the statement said, describing the baggage total as a 12% increase compared with 2024. It also processed 9.57 million Zamzam wat

SPA RIYADH, December 25 (Saudi Arabia Breaking News) – Saudi Arabia’s non-oil exports, including re-exports, rose by 32.3% in October 2025 compared with the same month a year earlier, official data showed. Figures released by the General Authority for Statistics showed that national non-oil exports increased by 2.4%, while total merchandise exports grew by 11.8% over the same period. The data also indicated that the Kingdom’s trade balance surplus expanded by 47.4% in October

📷SPA RIYADH, December 2, 2025 (Saudi Arabia Breaking News) – His Royal Highness Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince, Prime Minister, and Chairman of the Council of Economic and Development Affairs, affirmed on Tuesday the government’s commitment to placing citizens’ interests at the forefront of its priorities following the approval of the state budget for fiscal year 1447/1448 AH (2026). Prince Mohammed bin Salman attributed the Kingdom’s achievem

📷SPA RIYADH, November 21, 2025 (Saudi Arabia Breaking News) – The Public Investment Fund (PIF), the Saudi Information Technology Company (SITE), and Microsoft announced the signing of a memorandum of understanding (MoU) to explore the delivery of Microsoft’s sovereign-cloud services in Saudi Arabia, aiming to enhance data security, confidentiality, and sovereignty within the Kingdom while enabling access to advanced cloud and AI technologies. Microsoft brings long-standing e

📷SPA WASHINGTON, D.C., November 19, 2025 (Saudi Arabia Breaking News) – His Royal Highness Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince and Prime Minister, and U.S. President Donald J. Trump participated on Wednesday in the Saudi–U.S. Investment Forum held at the John F. Kennedy Center in Washington, D.C. During the forum, HRH the Crown Prince delivered a speech expressing his pleasure at meeting again with the U.S. president and attending the event only si

📷SPA RIYADH, November 19, 2025 (Saudi Arabia Breaking News) – Cityscape Global 2025 continued in Riyadh today, with the second day marked by ongoing investment launches and expanded discussions on urban development trends and the future of urban living. Over the first two days, the event recorded real-estate deals valued at US$43 billion, underscoring sustained growth in development activity and major urban projects across the Kingdom. Alongside investment announcements, Cit

📷SPA DUBAI, November 12, 2025 (Saudi Arabia Breaking News) – The Museums Commission is taking part in the 27th General Conference of the International Council of Museums (ICOM), being held in Dubai from November 11 to 17, under the theme “The Future of Museums in Rapidly Changing Communities.” According to a statement issued today, the commission inaugurated its pavilion on the first day of the event, presenting the Kingdom’s growing museum ecosystem and its alignment with S

RIYADH, November 6 (Saudi Arabia Breaking News) – The General Authority for Statistics (GASTAT) released its 2024 Road Transport Statistics report today, detailing key indicators of land transport activity across Saudi Arabia. The number of passengers arriving and departing through land border crossings exceeded 65.9 million in 2024. Arrivals accounted for 33.1 million passengers (50.3%), while departures totaled 32.8 million (49.7%). The King Fahd Causeway was the busiest bo

Riyadh, October 30 (Saudi Arabia Breaking News) – Saudi Arabia’s economy recorded a 5.0% growth in real GDP during the third quarter of 2025, compared to the same period last year, according to flash estimates released by the General Authority for Statistics (GASTAT). The results showed strong performance across key sectors, with oil activities expanding by 8.2%, non-oil activities by 4.5%, and government activities by 1.8%. On a quarterly basis, seasonally adjusted real GDP

📷SPA Riyadh, October 29 (Saudi Arabia Breaking News) – The ninth edition of the Future Investment Initiative (FII9) continued its sessions in Riyadh on Tuesday, addressing themes related to humanity, sustainable development, tax reform, spending efficiency, and strategies to attract long-term foreign investment. A session titled “Is Humanity Heading in the Right Direction?” brought together high-level participants, including the Prime Ministers of Pakistan and Albania and th

📷SPA Riyadh, October 22 (Saudi Arabia Breaking News) – The General Authority for Statistics (GASTAT) released its Construction Cost Index (CCI) bulletin for September 2025, showing a 0.7% year-on-year increase in construction costs across Saudi Arabia, the authority announced on Wednesday. The rise was driven by a 0.8% increase in residential construction costs and a 0.6% increase in non-residential costs, reflecting continued activity in the Kingdom’s construction and real