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SAUDI ARABIA BREAKING NEWS


Saudi Arabia to Host OECD Regional Competition Programme for MENA
SPA RIYADH, December 17 (Saudi Arabia Breaking News) – The General Authority for Competition (GAC) announced that Saudi Arabia will host, in partnership with the Organisation for Economic Co-operation and Development (OECD), the Regional Competition Capacity-Building Programme (RCCBP) for the Middle East and North Africa (MENA) region. According to a GAC statement, the programme is being launched under the framework of a memorandum of understanding between Saudi Arabia and th
Dec 17, 20251 min read


Saudi Bank Credit Reaches Record SAR 3.3 Trillion by End of October
RIYADH, December 16 (Saudi Arabia Breaking News) – Bank credit extended to Saudi Arabia’s public and private sectors rose to a record high of around SAR 3.3 trillion by the end of October, marking an annual increase of 13.6%, according to data released by the Saudi Central Bank (SAMA). The expansion represents an increase of more than SAR 391.6 billion compared with the same period in 2024, when total bank credit stood at approximately SAR 2.9 trillion, SAMA said in its month
Dec 16, 20251 min read


Saudi Arabia’s Midad Energy Emerges as Leading Bidder for Lukoil’s Overseas Assets
SPA LONDON, December 16 (Saudi Arabia Breaking News) – Saudi Arabia’s Midad Energy has emerged as one of the leading contenders to acquire Russian oil major Lukoil’s international assets, leveraging political ties with Moscow and Washington, three people familiar with the matter told Reuters. The assets, valued at around $22 billion and spanning oilfields, refineries and thousands of fuel stations worldwide, have attracted bids from about a dozen investors, including U.S. oil
Dec 16, 20252 min read


Saudi Non-Oil Exports Reach SAR 307 Billion in First Half, Minister Says
SPA RIYADH, December 16 (Saudi Arabia Breaking News) – Saudi Arabia’s non-oil exports reached SAR 307 billion in the first half of the year, marking the highest semiannual growth on record, Minister of Industry and Mineral Resources and Chairman of the Board of Directors of the Saudi Export Development Authority (Saudi Exports) Bandar Alkhorayef said. Speaking during a dialogue session with Syrian Minister of Economy and Industry Dr. Mohammad Nidal Al-Shaar at the Made in Sau
Dec 16, 20251 min read


Transport Minister Inaugurates Seventh Supply Chain and Logistics Conference in Riyadh
SPA RIYADH, December 15 (Saudi Arabia Breaking News) – Minister of Transport and Logistic Services Saleh Al-Jasser inaugurated the seventh edition of the Supply Chain and Logistics Conference in Riyadh, underscoring the importance of reshaping supply chains through new strategic partnerships amid fundamental transformations in the sector. The event was attended by several ministers, senior officials, industry leaders, and chief executives from the supply chain and logistics s
Dec 15, 20251 min read


Saudi Arabia’s Annual Inflation Reaches 1.9% in November
RIYADH, December 15 (Saudi Arabia Breaking News) – Saudi Arabia’s annual inflation rate, measured by the Consumer Price Index (CPI), reached 1.9% in November 2025 compared to the same month a year earlier, while prices remained relatively stable on a monthly basis, according to data released by the General Authority for Statistics (GASTAT). On a month-on-month basis, the CPI rose by 0.1% compared to October 2025. The Wholesale Price Index (WPI) recorded an annual increase of
Dec 15, 20251 min read


Saudi Industry Ministry Official Meets WEF Representative on Advanced Manufacturing Cooperation
SPA RIYADH, December 15 (Saudi Arabia Breaking News) – Deputy Assistant Minister of Industry and Mineral Resources for Competitiveness and Advanced Manufacturing Dr. Ahmed Al-Zawawi held a bilateral meeting with Kyriakos Triantafyllidis, Head of Growth and Strategy at the Centre for Advanced Manufacturing and Supply Chains at the World Economic Forum. The two sides discussed areas of cooperation to support the Kingdom’s industrial transformation on the sidelines of the Indust
Dec 15, 20251 min read


King Abdulaziz International Airport Reaches Record 50 Million Passengers in 2025
SPA Jeddah, December 15 (Saudi Arabia Breaking News) — King Abdulaziz International Airport recorded a historic milestone in 2025, handling 50 million passengers over the year, the highest number ever registered by a Saudi airport since the launch of civil aviation in the Kingdom. The passenger figure places the Jeddah airport among the world’s major international airports by traffic volume and reflects its growing role as a regional hub and a key national gateway connecting
Dec 15, 20251 min read


Prada Group Launches Collection in Collaboration With Indian Artisans
The Prada Made in India x Inspired by Kolhapuri chappals. Courtesy of Prada Milan, December 12 (Saudi Arabia Breaking News) — Prada Group has announced the global launch of a new collection developed in collaboration with LIDCOM and LIDKAR, as part of an initiative focused on cultural exchange and skills development within the fashion industry. The project was developed through cooperation between the Italian luxury group and Indian partners, with an emphasis on craftsmanship
Dec 12, 20251 min read


Princess Lamia Highlights Role of Media and Long-Term Philanthropy at BRIDGE Summit 2025
WAM Riyadh, December 11, 2025 (Saudi Arabia Breaking News) – Her Royal Highness Princess Lamia bint Majed Al Saud emphasized the importance of media, long-term engagement and structured partnerships in philanthropic work during a session titled “The End of Media’s Philanthropic Whiplash” at the BRIDGE Summit 2025. Princess Lamia, Secretary-General and Board Member of Alwaleed Philanthropies and a Board Member of BRIDGE Alliance, said philanthropy is deeply rooted in the reg
Dec 11, 20252 min read


Saudi Energy Companies Sign Agreements with Syrian Petroleum Company to Support Development of Oil and Gas Fields
SPA Riyadh, December 10, 2025 (Saudi Arabia Breaking News) – Four Saudi companies — TAQA, ADES Holding, Arabian Drilling, and the Arabian Geophysical and Surveying Company (ARGAS) — signed agreements on Wednesday with the Syrian Petroleum Company covering services, technical support, and the development of oil and gas fields in the Syrian Arab Republic. The agreements were concluded under the supervision of the Ministry of Energy. According to the Ministry, the agreements bui
Dec 10, 20252 min read


Deals Day Event Generates Over SAR 1 Billion in Market Value at Jeddah Water Sustainability Conference
SPA Jeddah, December 9, 2025 (Saudi Arabia Breaking News) – The Deals Day event at the Innovation Driven Water Sustainability Conference in Jeddah is positioning itself as a key economic platform, converting innovations into market value exceeding SAR 1 billion by connecting startups with investors and decision-makers locally and internationally. The event is organized by the Saudi Water Innovation Center, the innovation arm of the Saudi Water Authority. According to organize
Dec 9, 20251 min read


Saudi Arabia’s Real GDP Grows 4.8% in Q3 2025, GASTAT Says
Riyadh, December 8, 2025 (Saudi Arabia Breaking News) – Saudi Arabia’s real gross domestic product (GDP) grew 4.8% in the third quarter of 2025 compared with the same period last year, the General Authority for Statistics (GASTAT) said in its Q3/2025 bulletin. Growth was driven by increases across all main economic activities year-on-year. Oil activities rose by 8.3%, non-oil activities by 4.3%, and government activities by 1.4%. Seasonally adjusted real GDP increased 1.4% co
Dec 8, 20251 min read


MOMENTUM 2025 Announces Lineup of Strategic Partners Ahead of December Conference
Riyadh, December 7, 2025 (Saudi Arabia Breaking News) – The media center of the Development Finance Conference MOMENTUM 2025 announced the lineup of strategic partners supporting the global event scheduled to take place from December 9 to 11. Organized by the National Development Fund (NDF) and its network of development funds and banks, the conference aims to highlight Saudi Arabia’s role in shaping the future of development finance. The announcement reflects the Kingdom’s c
Dec 7, 20251 min read


Saudi Arabia’s Non-Oil Business Activity Expands in November as PMI Stays Strong
Riyadh, Dec. 3, 2025 (Saudi Arabia Breaking News) – Business activity in Saudi Arabia’s non-oil private sector expanded in November at its fastest pace in 10 months, supported by strong demand and increased hiring, although growth in new orders eased compared to the previous month, a survey showed on Wednesday. The seasonally adjusted Riyad Bank Saudi Arabia Purchasing Managers’ Index (PMI) fell to 58.5 in November from 60.2 in October but remained well above the 50-point thr
Dec 3, 20251 min read


Riyadh Governor Attends Ceremony Honoring Winners of Almarai Prize for Scientific Innovation 2024
📷SPA RIYADH, December 2, 2025 (Saudi Arabia Breaking News) – His Royal Highness Prince Faisal bin Bandar bin Abdulaziz, Governor of Riyadh Region, attended on Tuesday evening the ceremony honoring the winners of the Almarai Prize for Scientific Innovation 2024 , organized by King Abdulaziz City for Science and Technology (KACST) in cooperation with Almarai Company. The ceremony was held at Siraj Conference Hall in Riyadh. Prince Faisal was received upon arrival by Prince Na
Dec 2, 20253 min read


Saudi Aramco and Sonatrach Raise December LPG Prices by 3–5%
RIYADH, December 2, 2025 (Saudi Arabia Breaking News) – Saudi Aramco and Algeria’s Sonatrach have raised their official selling prices (OSPs) for liquefied petroleum gas (LPG) for December by between 3.3% and 5.4% due to limited global supply, traders said. Saudi Aramco increased its December OSP by $20 per metric ton to $495 per ton for propane, and by $25 per ton to $485 per ton for butane. Propane and butane are forms of LPG with different boiling points. LPG is used as ve
Dec 2, 20251 min read


U.S. State Department Approves Potential $1 Billion Helicopter Support Package for Saudi Arabia
WASHINGTON, December 2, 2025 (Saudi Arabia Breaking News) – The U.S. State Department has approved a potential sale of support, training and related equipment for military helicopters to Saudi Arabia at an estimated cost of $1 billion , the Pentagon said on Monday. The proposed package includes requisition orders for spare parts, repair components and aviation training services for the Royal Saudi Land Forces Aviation Corps’ helicopter fleet, the Pentagon said in separate s
Dec 2, 20251 min read


Saudi Arabia Seeks Increased Japanese Investment, PIF Governor Says
TOKYO, December 1, 2025 (Saudi Arabia Breaking News) – Saudi Arabia aims to attract more Japanese companies as it works to expand foreign investment in support of its economic diversification plans, the governor of the Public Investment Fund (PIF) said on Monday. Saudi Arabia is preparing to shift its nearly $925 billion sovereign wealth fund away from real estate projects that have dominated development efforts over the past decade, Reuters reported in October. A new strateg
Dec 2, 20251 min read


UNIDO Designates April 21 as International Day of Women in Industry, Saudi Arabia Welcomes Decision
📷SPA RIYADH, November 29, 2025 (Saudi Arabia Breaking News) – Minister of Industry and Mineral Resources Bandar Alkhorayef, who also serves as President of the 21st session of the United Nations Industrial Development Organization (UNIDO) General Conference, announced that Saudi Arabia welcomes the adoption of April 21 as the International Day of Women in Industry. The designation was approved by UNIDO member states during the General Conference in Riyadh, marking the first
Nov 28, 20251 min read
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