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SAUDI ARABIA BREAKING NEWS
Saudi Arabia to Host U.S.–Saudi Investment Summit in Washington During Crown Prince Mohammed bin Salman’s Visit
📷 Saudi Crown Prince Mohammed bin Salman signs a defence agreement next to Pakistan Prime Minister Shehbaz Sharif (not pictured) in Riyadh, Saudi Arabia, September 17, 2025. Saudi Press Agency/Handout via REUTERS WASHINGTON, November 12, 2025 (Saudi Arabia Breaking News) – Saudi Arabia is expected to host a U.S.–Saudi investment summit in Washington, D.C. on November 19, coinciding with the official visit of His Royal Highness Prince Mohammed bin Salman bin Abdulaziz Al Saud
Nov 12, 20252 min read
Saudi Arabia, Iraq, and Kuwait Boost Crude Oil Supplies to India as Refiners Shift from Russian Imports
📷REUTERS RIYADH, November 11, 2025 (Saudi Arabia Breaking News) – Middle Eastern oil producers Saudi Arabia, Iraq, and Kuwait are set to increase crude oil supplies to India in December as Indian refiners seek alternatives to Russian barrels, sources at four Indian refining companies said on Tuesday. The rise in demand for Middle Eastern crude follows a reduction in Russian imports by Indian refiners amid tightening Western sanctions, allowing OPEC producers to reclaim a lar
Nov 11, 20252 min read
FII9 Concludes in Riyadh with $50 Billion in Agreements and Record Global Participation
📷SPA RIYADH, November 10, 2025 (Saudi Arabia Breaking News) – The ninth edition of the Future Investment Initiative (FII9) , organized by the Future Investment Initiative Institute , concluded in Riyadh after four days of high-level discussions and global investment commitments under the theme “The Key to Prosperity: Unlocking New Frontiers of Growth.” The conference, held from October 27 to 30, 2025, brought together over 9,000 delegates , including 20 heads of state , 600
Nov 10, 20252 min read
ZATCA Calls on Establishments to File Excise Tax Returns by November 15
RIYADH, November 10, 2025 (Saudi Arabia Breaking News) – The Zakat, Tax and Customs Authority (ZATCA) has urged establishments subject to the excise tax to file their tax returns for the months of September and October by November 15. The authority called on taxpayers to submit their returns promptly through its official website, zatca.gov.sa , to avoid penalties of 5% of the unpaid tax for each 30-day period after the filing deadline. ZATCA encouraged businesses seeking assi
Nov 10, 20251 min read
47 Startups Pitch to Investors on Day One of Biban Forum 2025
📷SPA RIYADH, November 6 (Saudi Arabia Breaking News) – The opening day of Biban Forum 2025, organized by the Small and Medium Enterprises General Authority (Monsha’at), saw 47 startups presenting their business ideas to investors and enabling entities on the Pitching Stage. The startups – backed by local and international accelerators such as Amad Tech, The Garage, BLOOSM, Orbit, and 500 Global – represented a broad scope of industries, including fintech, logistics, digital
Nov 6, 20251 min read
Biban Forum 2025 Opens in Riyadh, Positioning Itself as Key Global Hub for Entrepreneurship
📷SPA RIYADH, November 5 (Saudi Arabia Breaking News) – The Biban Forum 2025, organized by the Small and Medium Enterprises General Authority ( Monsha’at ), opened today at the Riyadh Front Exhibition and Conference Center under the theme “A Global Destination for Opportunities” . Running from November 5 to 8, the forum brings together representatives from more than 150 countries , with over 200 speakers , 150 enabling entities , and 1,000 exhibitors , including local, regio
Nov 5, 20251 min read
ZATCA Urges Businesses to File October Withholding Tax Before November 10 Deadline
RIYADH, November 6 (Saudi Arabia Breaking News) – The Zakat, Tax and Customs Authority (ZATCA) has called on businesses subject to withholding tax in Saudi Arabia to submit their October filings by November 10 via its official website, zatca.gov.sa. ZATCA warned that late submissions will incur penalties amounting to 1% of the unpaid tax for every 30 days past the due date. For assistance, taxpayers can contact ZATCA through its 24/7 call center at 19993, the @Zatca_Care acco
Nov 5, 20251 min read
Young Shaheen Falcon Sold for SAR71,000 at Saudi Falcons Club Auction
📷SPA RIYADH, November 3 (Saudi Arabia Breaking News) – The Saudi Falcons Club Auction 2025 continued on its 19th night at the club’s headquarters in Malham, north of Riyadh, coinciding with the Kingdom’s annual falconry season, which runs from October 1 to November 30. During the auction, a young Shaheen falcon, caught in Al-Muwailih by falconers Ali and Saleem Salem Al-Adaisani, was sold for SAR71,000 after opening bids at SAR40,000. The auction has become a destination for
Nov 3, 20251 min read
Riyadh airport leads performance rankings in GACA’s September report
Riyadh, Saudi Arabia, November 3 (Saudi Arabia Breaking News) – The General Authority of Civil Aviation (GACA) has released its monthly performance report for September 2025, evaluating the Kingdom’s domestic and international airports based on 11 key indicators aimed at enhancing passenger services and overall airport experience. Airports were divided into five categories. In the category of international airports handling more than 15 million passengers annually, King Khali
Nov 2, 20251 min read
OPEC+ expected to approve small increase in oil output target – sources
📷 A view shows oil pump jacks outside Almetyevsk in the Republic of Tatarstan, Russia June 4, 2023. REUTERS/Alexander Manzyuk Vienna, November 3 (Saudi Arabia Breaking News) – OPEC+ is set to approve a modest rise in oil production targets for December, according to three sources familiar with the ongoing discussions, as the producers’ group takes a cautious approach amid rising concerns about a potential supply surplus. The 23-member group, led by Saudi Arabia and Russia, h
Nov 2, 20252 min read
PIF Governor Yasir Al-Rumayyan Highlights Fund’s Growth and Global Expansion at FII9
📷SPA Riyadh, October 30 (Saudi Arabia Breaking News) – Yasir Al-Rumayyan, Governor of the Public Investment Fund (PIF), outlined the fund’s remarkable transformation and growth during his participation in the ninth edition of the Future Investment Initiative (FII9), held at the King Abdulaziz International Conference Center in Riyadh under the theme “The Key to Prosperity: Unlocking New Frontiers of Growth.” Al-Rumayyan, who also chairs Saudi Aramco’s Board of Directors and
Oct 30, 20252 min read
Saudi Arabia’s Real GDP Expands 5% in Q3 2025, Driven by Oil and Non-Oil Growth
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
Oct 30, 20251 min read
King Khalid International Airport Launches Campaign to Strengthen Its Position in Skytrax 2026 Rankings
📷SPA Riyadh, October 29 (Saudi Arabia Breaking News) – King Khalid International Airport has launched a campaign aimed at strengthening its position in the Skytrax Top 100 Airports 2026 ranking, following its achievement of placing 24th globally in 2025, becoming the first Saudi airport to reach such an advanced position. The initiative forms part of Riyadh Airports Company’s efforts—as the operator of King Khalid International Airport—to build on its record of accomplishmen
Oct 30, 20252 min read
Syrian President Highlights Saudi Arabia’s Regional Role and Vision 2030 Impact at FII9
📷SPA Riyadh, October 29 (Saudi Arabia Breaking News) – Syrian President Ahmad al-Sharaa emphasized Saudi Arabia’s pivotal role in the region and its emergence as an economic compass for investors under the leadership of His Royal Highness Prince Mohammed bin Salman bin Abdulaziz Al Saud , Crown Prince and Prime Minister. Speaking during a session at the ninth edition of the Future Investment Initiative (FII9) Conference in Riyadh, President al-Sharaa said that the Kingdom
Oct 29, 20252 min read
Riyadh Positioned as Global Hub Ahead of Expo 2030, Says CEO Talal Al-Marri
📷SPA Riyadh, October 29 (Saudi Arabia Breaking News) – Talal Al-Marri, CEO of Expo 2030 Riyadh Company, highlighted the Saudi capital’s strategic position as the ideal host city for Expo 2030, noting that 50 percent of the world’s population can reach Riyadh within six hours. Speaking during a session at the ninth Future Investment Initiative (FII9) Conference, held under the theme “The Key to Prosperity,” Al-Marri said that Expo 2030 is expected to attract more than 42 mill
Oct 29, 20251 min read
World Leaders Discuss Investment, Development, and Human Progress at FII9 in Riyadh
📷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
Oct 29, 20251 min read
PIF and UK Export Finance Sign MoU to Strengthen Financial Cooperation and Investment Opportunities
📷SPA Riyadh, October 28 (Saudi Arabia Breaking News) – The Public Investment Fund (PIF) and the UK Export Finance (UKEF), the United Kingdom’s export credit agency, have signed a memorandum of understanding (MoU) to enhance financial collaboration and expand trade and investment opportunities between Saudi Arabia and the United Kingdom. Under the agreement, both sides will work to identify joint financing opportunities and explore new avenues for cooperation between PIF, its
Oct 28, 20252 min read
Saudi Aramco Finalizes $11 Billion Leaseback Deal for Jafurah Gas Facilities
Riyadh, October 28 (Saudi Arabia Breaking News) – Saudi Aramco said on Monday it has completed an $11 billion lease and leaseback transaction for its Jafurah gas processing assets, in partnership with a group of international investors led by Global Infrastructure Partners (GIP), a subsidiary of BlackRock. The deal, first announced in August, is part of Aramco’s strategy to unlock additional value from its infrastructure portfolio and attract long-term institutional investmen
Oct 28, 20252 min read
National Infrastructure Fund Signs MoU with JPMorgan to Advance Financing for Saudi Infrastructure
Riyadh, October 28 (Saudi Arabia Breaking News) – The National Infrastructure Fund (Infra) and JPMorgan have signed a memorandum of understanding (MoU) to jointly pursue structured financing solutions for Saudi infrastructure projects. The signing ceremony was attended by Minister of Economy and Planning and Chairman of the National Infrastructure Fund Faisal Alibrahim and Chairman and CEO of JPMorgan Jamie Dimon . The MoU establishes a framework for co-investment in the
Oct 28, 20251 min read
WTO Chief: Global Trade System Under Pressure but Still Effective
📷SPA Riyadh, October 28 (Saudi Arabia Breaking News) – Director-General of the World Trade Organization (WTO) Dr. Ngozi Okonjo-Iweala said that the international trade system is currently facing significant pressures and challenges, yet remains active and effective in ensuring global trade stability. Speaking during a panel titled “Will the World Shift from Free Trade to Strategic Trade?” at the ninth edition of the Future Investment Initiative (FII9) in Riyadh, Dr. Okonjo-I
Oct 28, 20252 min read
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