Business

Saudi Annual Inflation Reaches 1.8% in May 2026 RIYADH, June 15 (Saudi Arabia Breaking News) - Saudi Arabia’s annual inflation rate reached 1.8% in May 2026 compared with the same month a year earlier, according to the Consumer Price Index. On a monthly basis, the Consumer Price Index rose by 0.2% compared with April 2026. The Wholesale Price Index recorded an annual increase of 4.6% in May compared with May 2025. Month-on-month, the Wholesale Price Index rose by 1.2% from Ap

Watch and Jewellery Middle East Show Draws Strong Turnout at Expo Centre Sharjah | WAM SHARJAH, June 12 (Saudi Arabia Breaking News) - The 57th edition of the Watch and Jewellery Middle East Show continued to attract strong visitor turnout and international participation at Expo Centre Sharjah. The exhibition, which runs until June 14, brings together 400 exhibitors and representatives from 11 international markets. The event includes five international pavilions from Italy,

Saudi Industry Minister Highlights Kazakhstan Role in Critical Minerals Partnerships | 📷SPA ASTANA, June 12 (Saudi Arabia Breaking News) - Saudi Minister of Industry and Mineral Resources Bandar Alkhorayef described Kazakhstan as a trusted partner in the critical minerals sector, citing its importance for the energy transition, electricity and advanced manufacturing. The remarks came during a high-level panel discussion on global partnerships and the future of mining and min

EDGE Launches European Defence Company Headquartered in Paris ABU DHABI, June 11 (Saudi Arabia Breaking News) - Abu Dhabi-based advanced technology and defence group EDGE launched EDGE Europe on Thursday, a French-registered commercial enterprise headquartered in Paris. The company will operate through a strategic head office in the Chaillot neighbourhood of central Paris and an engineering and manufacturing hub in Bordeaux. EDGE Europe will focus on defence technology, indus

Global Security and Technology Summit to Be Held in Riyadh Under Crown Prince Mohammed bin Salman’s Patronage RIYADH, June 11 (Saudi Arabia Breaking News) - The Global Security and Technology Summit will be held in Riyadh from December 18 to 20 under the patronage of Crown Prince Mohammed bin Salman. The Ministry of Interior will organize the summit in partnership with Tuwaiq Academy. Minister of Interior Prince Abdulaziz bin Saud bin Naif expressed gratitude to the Crown Pri

Riyadh Air Launches Inaugural Boeing 787-9 Dreamliner Flight to London Heathrow RIYADH, June 10 (Saudi Arabia Breaking News) - Riyadh Air launched its inaugural flight from King Khalid International Airport in Riyadh to London Heathrow Airport, marking the debut of the airline’s Boeing 787-9 Dreamliner fleet. The flight, RX401, arrived in London at 7:30 a.m. local time, according to the Saudi Press Agency. Riyadh Air, the Kingdom’s new national carrier and a subsidiary of the

Watch and Jewellery Middle East Show Opens at Expo Centre Sharjah | 📷WAM SHARJAH, June 10 (Saudi Arabia Breaking News) - The 57th edition of the Watch and Jewellery Middle East Show opens at Expo Centre Sharjah, bringing together 400 local and international exhibitors from 19 countries. The exhibition, organized by Expo Centre Sharjah with support from the Sharjah Chamber of Commerce and Industry, will run from June 10 to 14. The event will feature gold and jewellery manufac

Saudi Industry Minister Discusses Industrial and Mining Cooperation at Astana Financial Centre ASTANA, June 10 (Saudi Arabia Breaking News) - Saudi Minister of Industry and Mineral Resources Bandar bin Ibrahim AlKhorayef visited the Astana International Financial Centre and discussed industrial and mining cooperation with its governor, Renat Bekturov. The meeting reviewed opportunities to expand economic and investment partnerships between Saudi Arabia and Kazakhstan in prior