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📷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

📷 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

📷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

Riyadh, October 22 (Saudi Arabia Breaking News) – The Small and Medium Enterprises Bank (SME Bank) announced its participation as a strategic sponsor in the upcoming Biban 2025 Forum, organized by the Small and Medium Enterprises General Authority (Monsha’at) from November 5 to 8 in Riyadh, the Saudi Press Agency (SPA) reported. The bank’s participation underscores its commitment to supporting the entrepreneurship ecosystem and enhancing the contribution of small and medium e

📷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

Riyadh, October 21 (Saudi Arabia Breaking News)  – The Zakat, Tax and Customs Authority (ZATCA)  has called on business establishments subject to value-added tax (VAT)  to submit their September and third-quarter 2025 returns  before the October 31  deadline, the Saudi Press Agency (SPA) reported. According to the authority, businesses with annual supplies exceeding SAR40 million  must file their September VAT returns , while those below that threshold  are required to submit

Riyadh, October 20 (Saudi Arabia Breaking News) – Saudi National Bank (SNB), the Kingdom’s largest lender by assets, reported a 20 percent increase in third-quarter net profit, supported by strong growth in operating income and lower operating expenses, according to a company statement released on Monday. The bank posted a net profit attributable to equity holders of SAR6.47 billion ($1.73 billion) for the quarter ended September 30, exceeding analysts’ expectations of SAR5.4

Riyadh, October 19 (Saudi Arabia Breaking News) – The Transport General Authority (TGA) announced that the rail transport sector in Saudi Arabia recorded an exceptional performance in the third quarter of 2025, with more than 39 million passengers traveling by train, the Saudi Press Agency (SPA) reported. According to the authority, intercity rail transport accounted for over 2.7 million passengers, including 2.07 million on the Haramain High-speed Railway, 251,000 on the Nor

📷SPA Riyadh, October 19 (Saudi Arabia Breaking News) – His Royal Highness Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince and Prime Minister, and Chairman of the National Development Fund (NDF), has approved the renewal of the membership of Yousef bin Abdullah Al-Benyan as Chairman of the Board of Directors of the Small and Medium Enterprise Bank (SME Bank) for a three-year term starting from 3/6/1447 AH, the Saudi Press Agency (SPA) reported. On this occasion

📷SPA Riyadh, October 17 (Saudi Arabia Breaking News) – The Future Investment Initiative (FII) Institute has announced a strategic partnership with Guggenheim Investments, a global asset management and investment advisory firm, reinforcing the institute’s mission to drive “Impact on Humanity,” the Saudi Press Agency (SPA) reported. The collaboration builds on Guggenheim’s role as a Summit Partner for the third edition of FII PRIORITY Miami, held in February 2025, and marks a

📷SPA London, October 16 (Saudi Arabia Breaking News)  – The Ministry of Industry and Mineral Resources (MIM)  organized an event titled “Saudi Day at LME Week”  as part of the London Metal Exchange (LME) Week 2025 , highlighting the Kingdom’s growing role as a global mining hub and its efforts to attract international investments across the entire minerals value chain, in line with Saudi Vision 2030 . In his opening remarks, Vice Minister for Mining Affairs Eng. Khalid Al-Mu

📷SPA Riyadh, October 16 (Saudi Arabia Breaking News) – The sixth session of the Saudi Falcons Club Auction 2025 recorded active sales on Wednesday, with three falcons sold for a total of SAR 585,000, according to the Saudi Press Agency (SPA). The auction, held at the club’s headquarters in Malham, north of Riyadh, runs alongside the annual falconry season from October 1 to November 30. It remains one of the most prominent events dedicated to the preservation and promotion of

📷SPA Riyadh, October 15, 2025 (Saudi Arabia Breaking News)  – New Murabba , a company owned by Saudi Arabia’s Public Investment Fund (PIF) , has signed a sponsorship agreement with Al-Hilal Club Company , one of the Kingdom’s most prominent and successful football institutions. Under the agreement, the New Murabba logo  will appear on the lower chest area of the kits worn by Al-Hilal Women’s First Football Team  and the Al-Hilal Male Youth Teams , marking a new chapter in th

📷 The logo of the state energy company Sonatrach is pictured at the headquarters in Algiers, Algeria November 25, 2019. REUTERS/Ramzi Boudina Algiers, October 14, 2025 (Saudi Arabia Breaking News) – Algeria’s state-owned energy company Sonatrach has signed a contract valued at approximately $4.5 billion with Saudi Arabia’s Midad Energy for oil and gas exploration and development in the Illizi Basin, Reuters reported. The agreement was signed through Midad Energy North Africa

📷SPA Dhahran, October 14, 2025 (Saudi Arabia Breaking News) – Aramco announced progress in its digital transformation journey through collaboration with NVIDIA, marking a new milestone in the development of hybrid quantum-classical computing to enhance exploration and upstream energy operations. Using its Dammam-7 Supercomputer, accelerated by NVIDIA graphical processing units (GPUs), Aramco demonstrated one of the largest quantum computing emulators in the region, known as

📷SPA Riyadh, October 10, 2025 (Saudi Arabia Breaking News) – Saudi Aramco has received the “High-Performance Company” designation from...

📷 A Ferrari worker inspects a car inside the company's factory in Maranello, Italy, October 2, 2025. REUTERS/Remo Casilli Milan, October...

Riyadh, October 9, 2025 (Saudi Arabia Breaking News) – The national campaign for “Tawakkalna” in its new form began Wednesday,...

Riyadh, October 9, 2025 (Saudi Arabia Breaking News) – Saudi Aramco said it has completed the acquisition of a 22.5% stake in refining...