ع
Business
Bahrain Formalizes Involvement in Expo 2030 Riyadh Through Participation Agreement
Bahrain signed its participation contract for Expo 2030 Riyadh this week, advancing the Gulf state's plans for a national pavilion at the six-month world exposition scheduled to open in October…
Latest News
Aramco and Maaden Launch Joint Venture to Explore Critical Minerals Over Nearly 10 Percent of Saudi Land
Aramco and Maaden signed a shareholders' agreement on August 18, 2026 to form a joint venture exploring nearly 10 percent…
US Treasury Data Shows Saudi Arabia Lifts Holdings by $2.2 Billion to $142.5 Billion in June
US Treasury Department figures released in August 2026 showed Saudi Arabia increased its holdings of US Treasury securities by $2.2…
HADAF Places 329,000 Saudi Nationals in Jobs During First Half of 2026
The Human Resources Development Fund announced this month that it supported the employment of 329,000 Saudi citizens in the first…
Saudi PIF Reports Revenue of $120 Billion With Net Profit More Than Doubling in 2025
The Public Investment Fund on Monday released its 2025 annual report detailing a 9 percent rise in revenue to $120…
Saudi Ministry Mandates 70 Percent Localization Target Across Project Management Roles
The Ministry of Human Resources and Social Development announced on August 16, 2026, that private sector establishments with three or…
CST Report Shows 89 Percent Gaming Latency Improvement as IoT Subscriptions Reach 13.85 Million
On August 16, 2026, the Communications, Space and Technology Commission issued its fifth Saudi Internet report detailing an 89 percent…
Ministry of Tourism Closes Madinah Hospitality Facility With SR750,000 Fine for Unlicensed Operation
On August 15, 2026, the Ministry of Tourism closed a tourist hospitality facility in Madinah and imposed a SR750,000 fine…
Saudi Tourism Ministry Revises Hajj Accommodation Rules to Boost Pilgrim Services
The Saudi Ministry of Tourism approved updates to Hajj accommodation regulations and standards on August 15 2026 while endorsing a…