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Unlicensed Professional Services Firm Referred to Public Prosecution by SOCPA

The Saudi Organization for Chartered and Professional Accountants referred an unlicensed commercial establishment to the Public Prosecution on Thursday after…

SFDA Launches NADR Program to Accelerate Rare Disease Drug Approvals

The Saudi Food and Drug Authority launched the New Accelerator Program for Drugs in Rare Diseases on August 5, 2026,…

GASTAT Reports 8.5 Percent Annual Increase in Saudi Producer Prices for June

Saudi Arabia's General Authority for Statistics announced on August 13, 2026, that the producer price index rose 8.5 percent in…

GASTAT Data Shows Saudi Inflation Steady at 1.8 Percent in July on Housing Surge

The General Authority for Statistics reported Saudi Arabia's annual inflation rate held steady at 1.8 percent in July 2026, driven…

Saudi Fintech Now Runs on Warehouse Debt as Venture Funding Falls 74 Percent

Saudi Fintech Runs on Debt as Venture Funding Falls 74% | Saudi startups raised $219m in H1 2026, down 74%.…

SAMA Data Shows Saudi POS Transactions Total SR14.6 Billion in Early August Week

Saudi Arabia's point-of-sale transactions reached SR14.6 billion for the week of August 2 to 8, down from SR16.31 billion the…

DGA Reports Saudi Digital Experience Maturity Index Hits 87 Percent in 2026 Assessment

On August 12, 2026, the Digital Government Authority announced that Saudi Arabia's digital experience maturity index climbed to 87.06 percent…

RCRC Launches Second Application Round for Annual Riyadh Residential Plot Distribution

The Royal Commission for Riyadh City announced this week that applications open August 16 for the second edition of the…