Business

Saudi Tourist Accommodation Management Records Rise 29 Percent to 20,560 in Q3

The Ministry of Commerce reported a 29 percent rise in commercial registrations for tourist accommodation management to 20,560 in the third quarter of 2026 from a year earlier.

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Saudi Business Center Launches E-Store Verification Tool Within Tawakkalna App

The Saudi Business Center on October 12, 2026, introduced an online store verification service on the Tawakkalna app that lets…

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Saudi Commerce Ministry Recalls 769 BAIC BJ40 SUVs Over Electrical Fuse Defect

The Saudi Ministry of Commerce announced on October 13, 2026, the recall of 769 BAIC BJ40 vehicles from 2021 and…

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Saudi FDI in emerging sectors surges 162 percent over five years

On October 12 2026 Saudi Investment Minister Fahd Al-Saif said foreign direct investment in the kingdom's emerging economic sectors has…

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Prince Abdulaziz bin Salman Reaffirms Saudi Resolve to Uphold Energy Supplies Despite Regional Strains

Saudi Energy Minister Prince Abdulaziz bin Salman declared on October 12, 2026 that the Kingdom would overcome recent challenges and…

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SDAIA Reports Tawakkalna App Exceeds 30 Billion Operations in Seven Years

On October 10, 2026, the Saudi Data and Artificial Intelligence Authority reported that the Tawakkalna app has surpassed 30 billion…

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Saudi Arabia and UAE Seal Pact to Link Power Grids and Rail Networks

Saudi Energy Minister Prince Abdulaziz bin Salman and UAE Investment Minister Mohamed Hassan Alsuwaidi signed a memorandum of understanding on…

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Bahraini Crown Prince Meets Saudi Energy Minister to Advance Industrial and Energy Partnership

Bahrain's Crown Prince and Prime Minister Prince Salman bin Hamad Al Khalifa received Saudi Arabia's Minister of Energy Prince Abdulaziz…

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Saudi non-oil PMI rises to six-month high of 53.8 in August

Saudi Arabia's non-oil private sector growth accelerated in August 2026 as the Purchasing Managers' Index climbed to 53.8 from 53.1…

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