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SAUDI ARABIA BREAKING NEWS


Saudi falcon auction opens racing events to birds sold through 2026 sale
Saudi falcon auction opens racing events to birds sold through 2026 sale | 📷SPA RIYADH, July 28, Saudi Arabia Breaking News — Falcons sold through the 2026 International Falcon Breeders Auction will be eligible to compete in designated races offering prizes of up to SAR50 million, under a new measure aimed at attracting more breeders, investors and buyers. All races for young falcons involving Saudi and international participants will be allocated to birds purchased through
Jul 281 min read


Saudia Cargo and Riyadh Cargo sign interline agreement to expand global network
The partnership will provide additional capacity, wider market access and more flexible routes across major international trade corridors. Saudia Cargo and Riyadh Cargo sign interline agreement to expand global network | 📷SPA RIYADH, July 28, Saudi Arabia Breaking News — Saudia Cargo and Riyadh Cargo, the cargo division of Riyadh Air, signed an interline agreement on Tuesday to connect their networks and expand access to international markets. The agreement will allow custom
Jul 282 min read


Saab Wins $1 Billion GlobalEye Aircraft Order in Middle East
A GlobalEye aircraft, manufactured by Saab Technologies, on static design during the fifth day of Dubai Air Show in Dubai, United Arab Emirates November 21, 2019. REUTERS/Christopher Pik STOCKHOLM, July 28, Saudi Arabia Breaking News — Swedish defense company Saab has received an order for two GlobalEye surveillance aircraft from an undisclosed Middle Eastern country, Reuters reported. The order is valued at 10.1 billion Swedish crowns ($1.04 billion), with deliveries schedul
Jul 281 min read


ZATCA Sets July 31 Deadline for May–June Excise Tax Returns
ZATCA Sets July 31 Deadline for May–June Excise Tax Returns RIYADH, July 23, Saudi Arabia Breaking News — Saudi businesses liable for excise tax must file their returns for May and June 2026 by July 31, the Zakat, Tax and Customs Authority said. Returns must be submitted through ZATCA’s website. Businesses that miss the deadline face penalties ranging from 5% to 25% of the tax due. A separate penalty of 5% of the unpaid amount will apply for every month, or part of a month, t
Jul 231 min read


Riyadh to Host International Engineering Conference and Exhibition in December
Riyadh to Host International Engineering Conference and Exhibition in December RIYADH, July 22, Saudi Arabia Breaking News – Riyadh will host the fourth International Engineering Conference and Exhibition from December 14 to 16, bringing together engineering executives, experts and specialists from Saudi Arabia and other countries. The Saudi Council of Engineers will organize IECE 2026 under the patronage of Minister of Municipalities and Housing Majed Al-Hogail. The conferen
Jul 221 min read


Arada Unveils First Phase of AED12 Billion Thameside West Development in London
Arada Unveils First Phase of AED12 Billion Thameside West Development in London LONDON, July 21, Saudi Arabia Breaking News — UAE-based developer Arada has announced details of the first phase of Thameside West, an AED12 billion waterfront regeneration project in London’s Royal Docks. Spanning more than 47 acres along the River Thames, the wider development is expected to deliver at least 5,000 homes, including 35% affordable housing. Green spaces will cover half of the site,
Jul 212 min read


ZATCA Sets July 31 Deadline for June and Second-Quarter VAT Returns
ZATCA Sets July 31 Deadline for June and Second-Quarter VAT Returns RIYADH, July 21, Saudi Arabia Breaking News — Saudi Arabia’s Zakat, Tax and Customs Authority urged businesses subject to value-added tax to submit their VAT returns by July 31, 2026. Establishments with annual revenues from goods and services exceeding SAR40 million must file their returns for June 2026. Businesses with revenues of SAR40 million or less are required to submit their VAT returns for the second
Jul 211 min read


Saudi Arabia Opens Applications for 2026 Sales Season Discount Permits
Saudi Arabia Opens Applications for 2026 Sales Season Discount Permits RIYADH, July 21, Saudi Arabia Breaking News — Saudi Arabia’s Ministry of Commerce announced the launch of the 2026 Sales Season, scheduled to run from August 1 through October 31. Commercial establishments and online stores can now apply electronically for permits to offer promotional discounts during the three-month season. The ministry said discounts offered under the programme will not be deducted from
Jul 211 min read


Riyadh Air Orders Six Additional Airbus A350-1000s, Expanding Total Airbus Fleet to 91 Aircraft
Riyadh Air Orders Six Additional Airbus A350-1000s, Expanding Total Airbus Fleet to 91 Aircraft | 📷SPA FARNBOROUGH, July 21, Saudi Arabia Breaking News — Riyadh Air exercised purchase rights for six additional Airbus A350-1000 aircraft during the Farnborough International Airshow 2026, increasing its confirmed orders for the widebody model to 31. The Saudi carrier has also ordered 60 Airbus A321 aircraft, bringing its total confirmed Airbus order book to 91 jets. It retains
Jul 211 min read


GACA, Vertical Aerospace Sign Agreement to Advance Saudi Air Mobility Sector
GACA, Vertical Aerospace Sign Agreement to Advance Saudi Air Mobility Sector | 📷SPA FARNBOROUGH, July 21, Saudi Arabia Breaking News — Saudi Arabia’s General Authority of Civil Aviation signed a memorandum of understanding with Vertical Aerospace to support the regulatory and operational foundations of the Kingdom’s advanced air mobility sector. The agreement was signed during the Farnborough International Airshow 2026 in the United Kingdom, in the presence of GACA President
Jul 211 min read


Saudi Operating Revenues Index Rises 11.4% in May, GASTAT Says
Saudi Operating Revenues Index Rises 11.4% in May, GASTAT Says RIYADH, July 20, Saudi Arabia Breaking News — Saudi Arabia’s operating revenues index increased by 11.4% in May compared with the same month of 2025, supported by growth across several economic sectors, the General Authority for Statistics said on Monday. Mining and quarrying recorded the strongest annual increase at 38.7%, followed by financial and insurance activities at 12.9% and manufacturing at 9.6%. Operatin
Jul 201 min read


Saudia to Launch Direct Riyadh-Tokyo Flights in November 2026
Saudia to Launch Direct Riyadh-Tokyo Flights in November 2026 RIYADH, July 15, Saudi Arabia Breaking News — Saudia will launch direct flights between Riyadh and Tokyo in November 2026, adding Japan to the national carrier’s expanding international network. The new route will operate three times per week from King Khalid International Airport in Riyadh. Tickets are now available through Saudia’s digital platforms and authorized sales outlets. The service is being launched in c
Jul 151 min read


JPMorgan Expands EMEA Corporate Banking and Plans Major Regional Hiring
People arrive to the JPMorgan Chase & Co., headquarters in New York City, U.S., April 1, 2026. REUTERS/Eduardo Munoz LONDON, July 15, Saudi Arabia Breaking News — JPMorgan is expanding its corporate banking operations across Europe, the Middle East and Africa as the US lender seeks to increase revenue and capture market share from regional banks. The bank plans to hire 30 senior bankers across EMEA by the end of 2026, James Roddy, JPMorgan’s head of global corporate banking,
Jul 152 min read


Global City Dammam Targets More Than 5.2 Million Visitors in Expanded Second Season
Global City Dammam Targets More Than 5.2 Million Visitors in Expanded Second Season | SPA DAMMAM, July 13, Saudi Arabia Breaking News — Global City Dammam is targeting more than 5.2 million visitors during its second season as the entertainment project prepares for its largest expansion to date. The Eastern Region Municipality reviewed plans for the new season, which will feature expanded international markets, redesigned pavilion facades and an interactive fountain. The proj
Jul 131 min read


GCC Inflation Remains Below 2% for Second Consecutive Year
RIYADH, July 13, Saudi Arabia Breaking News — Inflation across the Gulf Cooperation Council remained among the lowest globally in 2025, rising slightly to 1.8% from 1.6% in 2024, according to a report by the GCC Statistical Centre. The rate remained below 2% for a second consecutive year, reflecting broad price stability across the six GCC economies. GCC inflation was lower than the 5.3% recorded in emerging and developing economies, the global average of 4.2%, Japan’s 3.2%,
Jul 132 min read


Fitch Affirms Saudi Arabia’s ‘A+’ Rating with Stable Outlook
Fitch Affirms Saudi Arabia’s ‘A+’ Rating with Stable Outlook RIYADH, July 11, Saudi Arabia Breaking News — Fitch Ratings has affirmed Saudi Arabia’s sovereign credit rating at “A+” with a stable outlook, citing the Kingdom’s strong fiscal position, substantial financial buffers and resilience amid geopolitical pressures. The rating agency said Saudi Arabia’s government debt and sovereign net foreign assets remain considerably stronger than the median levels recorded across bo
Jul 111 min read


Five Shura Island Resorts Receive LEED Platinum Certification
Five Shura Island Resorts Receive LEED Platinum Certification | 📷SPA RIYADH, July 11, Saudi Arabia Breaking News — Five resorts on Shura Island at The Red Sea destination have received LEED Platinum certification, the highest level awarded under the global green building rating system, Red Sea Global announced. The certifications bring the total number of LEED Platinum-certified hotels and resorts at The Red Sea to 10, representing 1,207 hotel rooms across 236,405 square met
Jul 112 min read


Aldar Unveils AED6 Billion Yas Point On Yas Island
Aldar Unveils AED6 Billion Yas Point On Yas Island | 📷WAM ABU DHABI, July 10 (Saudi Arabia Breaking News) - Aldar unveiled Yas Point, a new AED6 billion waterfront destination on the northern side of Yas Island. The development is planned as a fully integrated beachfront community connected to Yas Island’s wider entertainment, lifestyle and tourism offering. Yas Point will include a five-star resort hotel, branded residences, an international school, retail, dining and leisu
Jul 101 min read


Emirates To Add A380 On Dubai-Delhi Route
Emirates To Add A380 On Dubai-Delhi Route DUBAI, July 9 (Saudi Arabia Breaking News) - Emirates will introduce its flagship Airbus A380 on the Dubai-Delhi route from October 25, making the Indian capital the airline’s third A380 destination in India. The carrier said the four-class A380 will include Premium Economy. It will operate alongside Emirates’ retrofitted four-class Boeing 777 aircraft on three other daily services to Delhi. Adnan Kazim, Emirates’ Deputy President and
Jul 91 min read


Saudi, Turkish Ministers Discuss Climate Action
Saudi, Turkish Ministers Discuss Climate Action | 📷SPA RIYADH, July 9 (Saudi Arabia Breaking News) - Saudi Energy Minister Prince Abdulaziz bin Salman bin Abdulaziz met Turkish Minister of Environment, Urbanization and Climate Change Murat Kurum in Riyadh to discuss climate cooperation. Kurum is also president-designate of the 31st Conference of the Parties to the United Nations Framework Convention on Climate Change, which Türkiye will host in Antalya in November 2026. The
Jul 91 min read
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