Business

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

Riyadh, Jan 12, 2026 (Saudi Arabia Breaking News) – Saudi Arabia’s General Authority for Statistics (GASTAT) said the Kingdom’s Industrial Production Index for November 2025 rose 10.4% year on year, driven by gains in mining and quarrying, manufacturing, and utility-related activities. The index fell 0.7% compared with October 2025, GASTAT said in its Industrial Production Index bulletin. Mining and quarrying recorded a 12.6% year-on-year increase in November, supported by hi

Riyadh, Jan 9 (Saudi Arabia Breaking News) – Saudi Arabia’s General Authority of Civil Aviation (GACA) reported 609 violations of the Civil Aviation Law in 2025, resulting in more than SAR13.8 million in fines issued to airlines, licensed companies and individuals, according to its annual report. GACA said 404 violations were recorded against air carriers for failing to comply with instructions issued by the authority. These violations resulted in fines exceeding SAR6.7 milli

Riyadh, Jan 8 (Saudi Arabia Breaking News) – Aramco Digital, a subsidiary of Saudi Aramco, will launch a nationwide industrial communications network operating on the 450 MHz band to provide secure and reliable connectivity for critical sectors, the company said. The network is designed to support industries that require continuous operations and resilient communication links for facilities and assets. As part of the rollout, Aramco Digital will introduce a suite of industria

Rabat, January 7, 2026 (Saudi Arabia Breaking News) – Morocco recorded a record 19.8 million tourist arrivals in 2025, according to official data released by the Moroccan Ministry of Tourism. The ministry said total tourism revenues exceeded $13 billion in the year. The ministry said the results reflect continued growth in the sector and attributed the performance to strategic development initiatives implemented in recent years.

SPA Riyadh, January 7, 2026 (Saudi Arabia Breaking News) – Amazon Web Services (AWS), in collaboration with Manara and in strategic partnership with Saudi Arabia’s Ministry of Communications and Information Technology, announced the opening of registration for a Generative Artificial Intelligence Hackathon (GenAI Hackathon) to be held as part of the Saudi Tech Forum, according to a statement. The initiative aims to develop national skills and build advanced capabilities in ar