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 Commerce Ministry Uncovers 106 Suspected Concealment Cases in September Inspections

The National Program to Combat Commercial Concealment detected 106 suspected cases of commercial cover-up during 1,861 inspection tours across Saudi…

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Saudi Ministry Extends Tourist Visa Access to Kosovo and Guyana Citizens

Saudi Arabia's Ministry of Foreign Affairs announced on October 4, 2026 that it has added Kosovo and Guyana to the…

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Aramco CEO Warns Global Oil Supply Buffer Has Grown Scarily Thin

Saudi Aramco Chief Executive Amin Nasser warned on October 5, 2026, that global oil stockpiles have fallen to critically low…

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Demand-Led Growth Pushes Saudi Non-Oil PMI to Seven-Month High in September

The Riyad Bank Saudi Arabia PMI rose to 55.3 in September 2026 from 53.8 the prior month, marking the strongest…

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Saudi minister urges G20 to boost international coordination amid global economic turmoil

At the G20 summit in Johannesburg on November 22 2025 Saudi Foreign Minister Prince Faisal bin Farhan called for stronger…

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Saudi CMA Chairman Outlines 90-Day Reform Package to Address IPO Quality and Retail Participation

On October 4, 2026, Mazen Al-Sudairi disclosed plans to implement market reforms within 90 days and called for raising the…

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Worker Remittances From GCC Reach Record Global High of $161 Billion in 2025

The GCC Statistical Centre reported on October 4, 2026 that combined worker remittances from the bloc reached a record $161…

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Saudi Ministry Revises Ice Cream Shop Standards to Strengthen Food Safety

On October 4 2026 the Ministry of Municipalities and Housing updated regulations for ice cream shops across Saudi Arabia introducing…

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