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Saudi Arabia to Decide on Postponing FII Investment Conference After Wall Street Safety Concerns, Semafor Reports

Saudi Arabia is set to make a final decision as soon as Monday on whether to postpone the Future Investment Initiative (FII), its flagship...

Aramco Offers Europe Extra Crude Cargoes as Saudi Exports Recover After Pipeline Attacks

Saudi Aramco is offering European customers additional crude oil cargoes for delivery in late October and into mid-November, three trade sources told Reuters. The volumes...

Saudi Arabia to Decide on Postponing FII Investment Conference After Wall Street Safety Concerns, Semafor Reports

Saudi Arabia is set to make a final decision as soon as Monday on whether to postpone the Future Investment Initiative (FII), its flagship...

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Saudi Arabia to Decide on Postponing FII Investment Conference After Wall Street Safety Concerns, Semafor Reports

Saudi Arabia is set to make a final decision as soon as Monday on whether to postpone the Future Investment Initiative (FII), its flagship...

Saudi Rail Passengers Rise 266.5% to 156.4 Million in 2025 as City Train Ridership Jumps 368%

Saudi Arabia’s railways carried about 156.4 million passengers in 2025, up 266.5% from 42.7 million in 2024, according to the General Authority for Statistics...

Aramco Offers Europe Extra Crude Cargoes as Saudi Exports Recover After Pipeline Attacks

Saudi Aramco is offering European customers additional crude oil cargoes for delivery in late October and into mid-November, three trade sources told Reuters. The volumes...

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Saudi Arabia Launches SAR1 Billion Workforce Housing Fund to Accommodate 50,000 Workers Across Major Cities

Workforce housing has become a growing priority as Saudi Arabia expands construction and major development projects. Three Saudi companies have created a SAR1 billion...

Almasar Education Accelerates Expansion Across Saudi Arabia and the UAE

Almasar Education is accelerating its regional expansion as demand for education continues growing across the Gulf. The company listed on Tadawul last December and...

Riyadh Robot Deliveries Launch with Level 4 Autonomous Vehicles in Saudi Arabia

Riyadh robot deliveries have entered a new phase as Saudi Arabia launches its first autonomous delivery vehicle pilot. The initiative introduces Level 4 self-driving...

Anthropic IPO Highlights Growing Gulf AI Exposure as Billions in Regional Investments Face New Risks Across the Artificial Intelligence Sector

Anthropic's planned IPO is drawing fresh attention to Gulf AI exposure. Gulf investors have built positions across several parts of the artificial intelligence industry....

Diriyah Awards $730m Contracts to Build Luxury Hotels and Branded Residences

Diriyah contracts worth $730 million will support new luxury hotels and branded residences in Saudi Arabia. Diriyah Company awarded two major construction deals for...

Mecca Power Plant Expansion Secures $2.6 billion Funding for Major Rabigh 2 Project

Saudi Arabia has secured major financing for the Mecca power plant expansion. ACWA Power and Saudi Energy will use the funding for the Rabigh...

Saudi Poultry Sector Attracts $687 million as New Deals Boost Domestic Production and Food Security

Saudi poultry investment has reached $687 million through 27 newly signed agreements. The deals aim to expand domestic production and strengthen food supply chains....

Jeddah Tower Set to Become World’s Tallest Building as Construction Accelerates Toward Late 2028 Completion

Jeddah Tower is moving closer to completion as construction continues in western Saudi Arabia. The landmark project aims to become the world’s tallest building...

GCC Housing Plans Expand Smart Cities, Sustainable Communities and Innovative Partnerships Across the Region

GCC housing initiatives are gaining momentum as Gulf countries develop smarter and more sustainable communities. Kuwait recently presented its housing plans during the Fourth...

Saudi Tourism Facilities Grow 17.9% as Hospitality Supply Expands Across the Kingdom

Saudi tourism facilities continued to expand during the second quarter of 2026. The number of licensed hospitality facilities reached 6,278 during the period. That...

Qatar and Saudi Arabia Strengthen Trade and Economic Cooperation with New Joint Strategy Plans

Qatar Saudi trade cooperation is gaining momentum as both countries expand economic ties. Officials from Qatar and Saudi Arabia recently reviewed plans to strengthen...

Italian Food Companies Target Saudi Arabia as 37 Firms Explore New Market Opportunities in Jeddah

Italian food companies are exploring Saudi Arabia’s growing food sector through major exhibitions in Jeddah. A total of 37 Italian businesses joined the events...