Business

SPA Riyadh, January 18, 2026 (Saudi Arabia Breaking News) – The Global Cybersecurity Forum (GCF) and the World Economic Forum (WEF) have agreed to establish the Centre for Cyber Economics (CCE) in Riyadh, the organizations said. The agreement was signed during the WEF Annual Meeting 2025 in Davos. The Centre is designed to serve as an international platform for studying the economic dimension of cybersecurity. Its work will focus on generating research, analytical tools, and

SPA Riyadh, January 18, 2026 (Saudi Arabia Breaking News) – Members of Saudi Arabia’s delegation to the World Economic Forum (WEF) Annual Meeting 2026 outlined the Kingdom’s priorities for this year’s discussions in Davos, highlighting economic cooperation, technological transformation, and sustainable development. Foreign Minister Prince Faisal bin Farhan said the Kingdom views the forum as a platform to strengthen international partnerships and support efforts that reinfor

SPA Riyadh, January 16, 2026 (Saudi Arabia Breaking News) – stc group said it supported more than 12 million visitors at Riyadh Season as a premium official partner, marking its fifth consecutive year of strategic partnership. The group said it facilitated more than 2.8 million voice calls and handled over 15,000 terabytes of data through its 4G and 5G networks, providing connectivity for attendees and more than 10,000 roaming subscribers. To sustain capacity, stc said it exp

SPA Riyadh, January 15, 2026 (Saudi Arabia Breaking News) – Saudi Export-Import Bank (Saudi EXIM Bank) signed a memorandum of understanding with Japan’s Mizuho Bank to develop partnerships aimed at supporting exports and increasing Saudi-Japanese trade and investment flows, SPA reported. The MoU was signed by Saudi EXIM Bank CEO Eng. Saad bin Abdulaziz AlKhalb and Mizuho Bank’s Regional Head for Middle East, Africa and Central Asia Caucasus Yuki Mizunoe on the sidelines of th

SPA Saudi Arabia has taken a further step to strengthen its role in global critical minerals markets as Saudi Export-Import Bank signed a master insurance policy with Trafigura, covering multi-year prepayment transactions with mining companies worldwide. The agreement, valued at up to SAR 3 billion ($800 million), was signed under the patronage of Minister of Industry and Mineral Resources and Chairman of the Saudi EXIM Bank Board Bandar Alkhorayef. It represents the first po

A drone view shows the Seehof hotel and the town of Davos ahead of the annual meeting of the World Economic Forum (WEF), Switzerland, December 9, 2025. REUTERS ZURICH, January 13, 2026 (Saudi Arabia Breaking News) – Business and political leaders will head to the World Economic Forum’s annual meeting in Davos next week as the group’s vision of a rules-based global economic order faces one of its toughest tests in years. U.S. President Donald Trump is expected to appear at the

DarGlobal CEO Ziad El Chaar speaks during an interview with Reuters in Riyadh, Saudi Arabia, January 11, 2026. REUTERS/Hamad I Mohammed Riyadh, January 12, 2026 (Saudi Arabia Breaking News) – Saudi real estate developer Dar Global will launch two Trump-branded luxury projects in Riyadh and Jeddah with a combined value of $10 billion, CEO Ziar El Chaar said on Sunday. El Chaar told Reuters the Riyadh plans include a Trump National Golf Course and a Trump International Hotel in

SPA Riyadh, Jan 12, 2026 (Saudi Arabia Breaking News) – Saudi Arabia’s delivery sector recorded more than 124 million orders in the fourth quarter of 2025, up 60% from the same period a year earlier, according to a statistical bulletin issued by the Transport General Authority (TGA). The authority attributed the growth to ongoing development in the sector, including innovation in logistics services, wider use of technological solutions and rising reliance on e-commerce, which