top of page
All Articles
SAUDI ARABIA BREAKING NEWS


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 30, 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


Investment Minister: Saudi Arabia’s FDI Quadruples, Vision 2030 Is a Reality, Not a Dream
📷SPA Riyadh, October 28 (Saudi Arabia Breaking News) – Minister of Investment Eng. Khalid bin Abdulaziz Al-Falih announced that foreign direct investment (FDI) in Saudi Arabia has quadrupled, surpassing initial targets and demonstrating that Vision 2030 is a reality, not a dream. Speaking during a panel titled “Leaders of Public-Private Alliances” at the ninth edition of the Future Investment Initiative (FII9), Al-Falih said that the Kingdom’s economy is no longer dependent
Oct 28, 20252 min read


FII9 Opens in Riyadh Under the Theme “The Key to Prosperity”
📷SPA Riyadh, October 28 (Saudi Arabia Breaking News) – The ninth edition of the Future Investment Initiative (FII9) officially opened today at the King Abdulaziz International Convention Center in Riyadh under the theme “The Key to Prosperity.” The event drew global attention, welcoming heads of state, ministers, officials from sovereign wealth funds, senior executives, and leading innovators from around the world. Yasir Al-Rumayyan, Governor of the Public Investment Fund (P
Oct 28, 20252 min read


Saudi Startup Humain to Launch New AI-Based Operating System
📷 Tareq Amin, CEO of Humain, attends the Saudi-U.S. Investment Forum, in Riyadh, Saudi Arabia May 13, 2025. REUTERS/Hamad I Mohammed Riyadh, October 27, 2025 (Saudi Arabia Breaking News) – Saudi Arabia–based artificial intelligence startup Humain, backed by the Public Investment Fund (PIF), plans to launch a new AI-driven computer operating system this week that enables users to interact with computers through natural speech, the company said on Monday. The new product, name
Oct 27, 20251 min read


Saudi Arabia Undecided on Investing in Egypt’s Red Sea Coast, Minister Says
📷 Ahmed Al Khateeb, Chairman of the Saudi commission for tourism and national heritage gestures during an interview with Reuters in Riyadh, Saudi Arabia September 25, 2019. Picture taken September 25, 2019. REUTERS/Nael Shyoukhi Riyadh, October 27, 2025 (Saudi Arabia Breaking News) – Saudi Arabia has not yet decided whether to invest in Egypt’s Red Sea coast, focusing instead on expanding domestic tourism infrastructure, Minister of Tourism Ahmed Al-Khateeb said on Sunday. S
Oct 27, 20251 min read


Saudi Arabia’s Non-Oil Exports Rise 5.5% in August 2025: GASTAT
Riyadh, October 26, 2025 (Saudi Arabia Breaking News) – Saudi Arabia’s non-oil exports, including re-exports, increased by 5.5% in August 2025 compared with the same month of 2024, according to the International Trade Bulletin issued by the General Authority for Statistics (GASTAT). The share of non-oil exports to imports slightly declined to 39.1% in August 2025 from 39.8% a year earlier. Machinery, electrical equipment, and parts represented 25.4% of total non-oil exports,
Oct 26, 20252 min read


Saudi’s New Murabba Plans Investment Opportunities in Technology and Real Estate, CEO Says
📷 CEO of New Murabba Michael Dyke attends the Future Investment Initiative (FII) in Riyadh, Saudi Arabia October 30, 2024. REUTERS/Hamad I Mohammed Riyadh, October 26, 2025 (Saudi Arabia Breaking News) – Saudi Arabia’s New Murabba project is planning new investment opportunities in technology, real estate, and construction, CEO Michael Dyke said on Sunday at the Fortune Global Forum conference in Riyadh. The New Murabba project was launched in 2023 by Crown Prince Mohammed b
Oct 26, 20251 min read


Two Falcons Sold for SAR351,000 at Saudi Falcons Club Auction
📷SPA Riyadh, October 24, 2025 (Saudi Arabia Breaking News) – The 12th session of the Saudi Falcons Club Auction 2025, held on Thursday at the club’s headquarters in Malham, north of Riyadh, recorded the sale of two falcons for a total of SAR351,000, the Saudi Press Agency reported. The auction coincides with the Kingdom’s annual falcon trapping season, which runs from October 1 to November 30, and serves as a key venue for locally trapped falcons. The event reinforces the Ki
Oct 24, 20251 min read


Goldman Sachs Establishes Private Wealth Management Team in Saudi Arabia
📷 A screen displays the the company logo for Goldman Sachs on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., May 7, 2025. REUTERS Riyadh, October 23 (Saudi Arabia Breaking News) – Goldman Sachs has announced the establishment of a private wealth management team in Saudi Arabia , as the U.S. investment bank strengthens its presence in the Middle East to cater to the region’s growing base of high-net-worth clients . In a statement issued on Tuesday,
Oct 23, 20251 min read


Saudi Heritage Site AlUla to Offer $1.6 Billion in Projects for Private Sector Investment
📷 Royal Commission for AlUla Chief Tourism Officer Phillip Jones gestures during an interview with Reuters at Reuters Next in Abu Dhabi, United Arab Emirates, October 22, 2025. REUTERS Abu Dhabi, October 23 (Saudi Arabia Breaking News) – Saudi Arabia’s AlUla , one of the Kingdom’s most prominent cultural heritage and tourism destinations , will offer projects worth 6 billion riyals ($1.6 billion) for private sector participation , according to Phillip Jones , Chief Tourism
Oct 23, 20252 min read


Saudi Fashion Commission Signs MoU with WHITE Milano to Expand Global Fashion Collaboration
📷SPA Riyadh, October 22 (Saudi Arabia Breaking News) – Following the conclusion of the third edition of Riyadh Fashion Week, the Saudi Fashion Commission announced the signing of a Memorandum of Understanding (MoU) with WHITE Milano, part of Italy’s Circle Platform Company, marking a strategic partnership to expand the global reach of Saudi fashion and foster creative collaboration. The agreement aims to strengthen national talent development, enhance the Kingdom’s creative
Oct 22, 20252 min read


Red Sea Global to Launch Luxury Project in Italy, CEO John Pagano Says
📷 Pagano during an interview with Reuters in Abu Dhabi, United Arab Emirates, October 22, 2025. REUTERS/Rula Rouhana Riyadh, October 22 (Saudi Arabia Breaking News) – Red Sea Global (RSG), a leading developer fully owned by Saudi Arabia’s Public Investment Fund (PIF), will soon announce the launch of a luxury project in Italy, the company’s Chief Executive Officer John Pagano told Reuters in an interview on the sidelines of an investment summit. Pagano also confirmed that he
Oct 22, 20251 min read


Falcons Worth SAR399,000 Sold on Tenth Night of Saudi Falcons Club Auction 2025
📷SPA Riyadh, October 22 (Saudi Arabia Breaking News) – The tenth night of the Saudi Falcons Club Auction 2025 concluded at the club’s headquarters in Malham, north of Riyadh, where three falcons were sold for a total of SAR399,000, the Saudi Press Agency (SPA) reported. The auction coincides with the Kingdom’s annual falconry season, which runs from October 1 to November 30, attracting falconers from across Saudi Arabia and the Gulf region. The event is broadcast on televisi
Oct 22, 20251 min read
bottom of page