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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

📷 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

📷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

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) – 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

📷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

📷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

📷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 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

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

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

📷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

📷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

📷 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

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,

📷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

📷 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,