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SAUDI ARABIA BREAKING NEWS


Saudi Arabia sets Eid al-Fitr 2026 holiday dates for public and private sectors
Riyadh, March 4, 2026 (Saudi Arabia Breaking News) – Saudi Arabia has announced Eid al-Fitr 2026 holiday dates for the public and private sectors across the Kingdom, according to the information provided. The Ministry of Human Resources and Social Development set a four-day holiday at the end of Ramadan to mark Eid al-Fitr. The holiday is due to start on Wednesday, March 18, corresponding to Ramadan 29, 1447, and will run for four days, with normal working routines returning
Mar 41 min read


Shipping paralysis in Strait of Hormuz persists on day five as vessels anchor off Gulf producers
PHOTO: The Iranian shores in the Strait of Hormuz, December 10, 2023. REUTERS/Stringer Riyadh, March 4, 2026 (Saudi Arabia Breaking News) – The crisis that has paralysed shipping through the Strait of Hormuz showed no sign of abating on day five of the Middle Eastern conflict. At least 200 ships, including oil and liquefied natural gas tankers as well as cargo ships, remained at anchor in open waters off the coast of major Gulf producers Iraq, Saudi Arabia and Qatar. The figu
Mar 41 min read


FII Institute announces first headline speakers and program focus for FII PRIORITY Miami 2026
SPA Miami, March 4, 2026 (Saudi Arabia Breaking News) – Future Investment Initiative Institute said on Wednesday it unveiled the first wave of headline speakers and the program focus for FII PRIORITY Miami 2026, taking place March 25–27, 2026 in Miami. Under the theme “Capital in Motion,” the institute said the summit will examine how capital must move, adapt and lead in a rapidly fragmenting world, and how investment, technology and policy can unlock sustainable and inclusiv
Mar 41 min read


QatarEnergy declares force majeure on LNG shipments after halting production
Doha, March 4, 2026 (Saudi Arabia Breaking News) – Qatar’s state-owned energy company QatarEnergy said it has declared force majeure on shipments of liquefied natural gas and related products. QatarEnergy is one of the world’s largest exporters of liquefied natural gas. Force majeure is a contractual clause that frees organizations from liability in the event of unforeseen circumstances such as natural disasters or war. The company on Monday halted production of liquefied nat
Mar 41 min read


Hormuz shipping disruption raises food supply risk for Gulf states reliant on imports
People sit on a bench on the Sheikh Jaber al-Ahmad al-Sabah Causeway as a Zhonggu Shipping container ship sails past on its way towards the port of Shuwaikh in Kuwait City on Saturday. Yasser Al-Zayyat/AFP/Getty Images Dubai, March 4, 2026 (Saudi Arabia Breaking News) – Shipping disruptions linked to the Iran war matter beyond oil because Gulf Arab states import most of their food, and much of it moves through the Strait of Hormuz. Six Gulf Arab nations, Oman, Saudi Arabia, t
Mar 42 min read


New Murabba signs deal to install EV chargers across key assets
SPA Riyadh, March 3, 2026 (Saudi Arabia Breaking News) – New Murabba Development Company, a unit of the Public Investment Fund, has signed a strategic agreement with the Electric Vehicle Infrastructure Company to install, operate and maintain electric vehicle charging solutions across a number of New Murabba’s main assets, the Saudi Press Agency reported. Under the agreement, the two sides will install high quality alternating current chargers at New Murabba’s headquarters, a
Mar 31 min read


IMF says duration of Iran war and infrastructure damage will shape global economic impact
Riyadh, March 3, 2026 (Saudi Arabia Breaking News) – The International Monetary Fund said the war’s impact on the global economy will depend on how long it lasts and how much damage it causes to infrastructure and industries in the region. The IMF flagged the risk that an energy price spike could prove persistent rather than short-lived. IMF First Deputy Managing Director Dan Katz told the Milken Institute Future of Finance conference in Washington that the conflict “certainl
Mar 31 min read


Wall Street slides and oil jumps as Iran conflict widens
Riyadh, March 3, 2026 (Saudi Arabia Breaking News) – A global sell-off in stocks hit Wall Street early on Tuesday as oil prices jumped on fears the war with Iran is widening and could cause more sustained damage to the economy than investors had expected. The S&P 500 fell 1.6% in early trading. The Dow Jones Industrial Average dropped 880 points, or 1.8%, while the Nasdaq composite lost 1.8%. Crude oil prices rose more than 8% after Iran struck the U.S. Embassy in Saudi Arabi
Mar 31 min read


European gas futures jump 42 percent after QatarEnergy halts LNG output amid conflict
London, March 2, 2026 (Saudi Arabia Breaking News) – European natural gas futures surged 42 percent on Monday after QatarEnergy halted liquefied natural gas production amid fighting in the Middle East, tightening concerns over global supply. The April contract rose to 45.46 euros, or $53.26, on the ICE commodities exchange. QatarEnergy announced on Monday it was stopping LNG production, blaming the war for the decision. Qatar is a major gas supplier to Europe, which has relie
Mar 21 min read


Riyadh’s King Khalid airport completes terminal relocation, targets higher capacity by end-2026
SPA Riyadh, February 27, 2026 (Saudi Arabia Breaking News) – King Khalid International Airport completed a terminal relocation project from February 16 to 25, redesignating terminals to optimise operations for national and foreign carriers. Under the new layout, Terminals 1 and 2 have been assigned to national carriers’ international flights, Terminals 3 and 4 to their domestic flights, and Terminal 5 to foreign carriers’ international flights. Riyadh Airports Company Chief E
Feb 271 min read


Ramadan emerges as global luxury retail season as brands expand capsules and Gulf campaigns
Tryano's Ramadan campaign focuses on gathering and community. Courtesy Riyadh, February 26, 2026 (Saudi Arabia Breaking News) – Ramadan has moved from a regional retail moment into a global luxury season as fashion, beauty and lifestyle brands expand product capsules, marketing and client engagement around the holy month, executives and industry figures said. Nearly two billion people observe Ramadan annually, creating one of the largest synchronized shifts in consumer behavi
Feb 263 min read


Arada awards AED1.55 billion contract for W Residences at Dubai Harbour
WAM Dubai, February 23, 2026 (Saudi Arabia Breaking News) – Arada awarded the main construction contract for W Residences at Dubai Harbour to UAE-based Engineering Contracting Company (LLC) under an agreement valued at AED1.55 billion. The contract covers delivery of all three towers of the waterfront development. Early and enabling works, including excavation and piling, have begun following the award of a separate AED51 million contract to APCC Piling & Marine Contracting.
Feb 231 min read


Trump says he will raise temporary global tariff rate to 15% after Supreme Court ruling
SPA Washington, February 21, 2026 (Saudi Arabia Breaking News) – President Donald Trump said on Saturday he will raise the temporary global tariff rate on imported goods from 10% to 15% after the U.S. Supreme Court ruled against tariffs imposed under an economic emergency law. Trump had earlier announced a 10% global tariff after the court deemed his administration’s reciprocal tariffs illegal. In a 6–3 decision, the Supreme Court ruled Trump overstepped his legal authority b
Feb 211 min read


Saudi Arabia becomes first Arab country to join Global Partnership on AI, SDAIA chief says
SPA New Delhi, February 21, 2026 (Saudi Arabia Breaking News) – Saudi Data and Artificial Intelligence Authority (SDAIA) President Dr. Abdullah Alghamdi said Saudi Arabia has become the first Arab nation to join the Global Partnership on Artificial Intelligence (GPAI). Speaking at the India AI Impact Summit 2026, Alghamdi described the move as supporting the responsible and reliable use of artificial intelligence. He said Saudi Arabia ranks third globally in contributions to
Feb 211 min read


Modi, SDAIA chief Alghamdi discuss expanding Saudi India cooperation in data and AI
SPA New Delhi, February 20, 2026 (Saudi Arabia Breaking News) – Indian Prime Minister Narendra Modi and Saudi Data and Artificial Intelligence Authority (SDAIA) President Dr. Abdullah Alghamdi discussed expanding bilateral cooperation in data and artificial intelligence during a meeting on the sidelines of the India AI Impact Summit 2026. The talks focused on knowledge transfer and the exchange of expertise aimed at accelerating digital development in both countries. Alghamdi
Feb 201 min read


ZATCA Reminds Businesses to Submit January 2026 VAT Returns by February 28
SPA Riyadh, February 20, 2026 (Saudi Arabia Breaking News) – The Zakat, Tax and Customs Authority (ZATCA) has called on businesses with annual supplies exceeding SAR40 million to submit their Value Added Tax (VAT) returns for January 2026 by February 28. ZATCA warned that late submissions will be subject to penalties ranging from 5% to 25% of the tax due. The authority encouraged taxpayers to file and pay through its official website or mobile application to ensure complianc
Feb 201 min read


Saudia Airlines Signs Five-Year Strategic Partnership with Six Flags and Aquarabia Qiddiya City
SPA Riyadh, February 18 (SABN) – Saudia Airlines has signed a five-year strategic partnership with Six Flags and Aquarabia Qiddiya City, becoming the official premier partner in the airline category. The agreement includes the development of special travel packages to enable visitors to experience the Kingdom’s world-class attractions. As part of the partnership, Saudia will feature special aircraft branding across its fleet, bringing the spirit of Six Flags and Aquarabia Qid
Feb 181 min read


Japan economy returns to growth in fourth quarter as consumption edges up
Riyadh, February 16, 2026 (Saudi Arabia Breaking News) – Japan’s economy expanded at an annualised real rate of 0.2% in the October–December period, marking the first growth in two quarters, according to government data released on Monday. Real gross domestic product rose 0.1% from the July–September period, based on a preliminary report by the Cabinet Office. For the full year 2025, nominal GDP increased 4.5% from the previous year to 662.79 trillion yen ($4.3 trillion), Kyo
Feb 161 min read


Emaar reports record financial performance in 2025
SPA Dubai, February 15, 2026 (Saudi Arabia Breaking News) – Emaar Properties PJSC (DFM: EMAAR) reported record financial and operational results for the full year 2025, driven by strong demand across its property development, retail, hospitality, and international businesses. The company achieved its highest-ever revenue, reaching AED 49.6 billion (US$13.5 billion), a 40% increase compared to 2024, primarily due to strong domestic operations. EBITDA rose to AED 25.6 billion (
Feb 151 min read


Trump expected to attend Saudi Future Investment Initiative in Miami – Reuters
U.S. President Donald Trump looks on as he makes an announcement on the repeal of a scientific finding that greenhouse gas emissions endanger human health, removing the legal basis for federal climate regulations, at the White House in Washington, D.C., U.S., February 12, 2026. REUTERS/Jonathan Ernst Washington, February 14, 2026 (Reuters via Saudi Arabia Breaking News) – U.S. President Donald Trump is expected to attend Saudi Arabia’s Future Investment Initiative (FII) confe
Feb 141 min read
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