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PIF Approves 2026–2030 Growth Strategy to Reshape Saudi Investment Vision

PIF growth strategy marks a new phase in Saudi Arabia’s long-term investment direction. The PIF growth strategy guides the Public Investment Fund into a...

Saudi Fund Opens New Pacific Chapter With First-Ever $15 Million Palau Loan

Saudi Arabia has expanded its global development reach after signing its first-ever financing deal with Palau, marking a fresh step into the Pacific. The Saudi...

PIF Approves 2026–2030 Growth Strategy to Reshape Saudi Investment Vision

PIF growth strategy marks a new phase in Saudi Arabia’s long-term investment direction. The PIF growth strategy guides the Public Investment Fund into a...

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PIF Approves 2026–2030 Growth Strategy to Reshape Saudi Investment Vision

PIF growth strategy marks a new phase in Saudi Arabia’s long-term investment direction. The PIF growth strategy guides the Public Investment Fund into a...

NEOM Project Emerges as a Key Pillar of Saudi Arabia’s Vision 2030 Transformation Strategy

NEOM project stands as one of Saudi Arabia’s most ambitious developments under Vision 2030. It represents a major step toward transforming the country’s economic...

Saudi Fund Opens New Pacific Chapter With First-Ever $15 Million Palau Loan

Saudi Arabia has expanded its global development reach after signing its first-ever financing deal with Palau, marking a fresh step into the Pacific. The Saudi...

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OpenAI Seeks $40 Billion from Saudi Arabian Investors

OpenAI, a global leader in artificial intelligence, is preparing to raise $40 billion in a major funding round. This move highlights Saudi Arabia’s increasing...

Saudi Arabia and Netherlands Sign Investment Agreements Exceeding SR428 Million

On June 12, 2025, Saudi Arabia and the Netherlands signed agreements worth over SR428 million. These agreements aim to foster innovation and localize technology...

DHL Fuels Middle East Logistics with 500 Million Euro Investment

DHL has announced a major investment of 500 million euros to support Middle East logistics growth from 2024 to 2030. This funding will focus...

Firefighting Drone Falcon to Assist Hajj 2025 Emergency Operations in Saudi Arabia

Saudi Arabia will deploy the firefighting drone Falcon during the 2025 Hajj season for the first time, authorities confirmed Sunday. This advanced drone uses artificial intelligence...

Saudi Arabia Highlights AI and Data Efforts in Advancing UN Goals

Saudi Arabia reaffirmed its commitment to digital innovation at a major United Nations event, highlighting the role of technology in promoting sustainable growth and...

Saudi Arabia Increases Tourism Wage Support to Boost Local Jobs

Saudi Arabia has raised tourism wage support from 30 percent to 50 percent. This move aims to create more jobs for Saudi citizens and grow the...

Saudi Airport Punctuality Soars with King Khalid Leading

Saudi airport punctuality improved sharply as King Khalid International Airport topped the rankings. It recorded a 90 percent on-time departure rate, outperforming all other...

PIF Ends Swiss Investments Over Credit Suisse Fallout and Regulatory Concerns

Saudi Arabia’s sovereign wealth fund, the Public Investment Fund (PIF), has officially withdrawn from Switzerland’s financial markets. The announcement confirms that PIF ends Swiss investments,...

SABIC IPO Plans for Gas Subsidiary in Progress

SABIC IPO plans are gaining momentum as the Saudi chemical giant explores listing its gas unit. The company is preparing to offer shares of...

Saudi Tourists in Moscow Surge in Number

The Saudi tourism trend in Moscow has witnessed an impressive surge in 2024. The Russian capital welcomed 52,400 Saudi visitors, up from 9,300 the previous...

Saudi Entertainment Industry Fuels Growth and Diversification

Saudi Arabia is expanding its economy through the growing Saudi entertainment industry, aiming to reduce its reliance on oil. This strategic move supports job...

Trump-Saudi Arabia deals spark global attention

Former President Donald Trump appears deeply pleased during his Middle East tour. The biggest moment came during his visit to Riyadh. There, he unveiled...