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…
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Saudi Commission Details Surge in AI Tool Adoption to 45.2 Percent of Internet Users
The Communications, Space and Technology Commission reported in July that AI adoption in Saudi Arabia more than doubled to 45.2…
PIF-Led Group Completes $55 Billion Takeover of Electronic Arts
Electronic Arts announced on August 4, 2026, that a consortium led by Saudi Arabia's Public Investment Fund completed its roughly…
Saudi Council Reviews Q2 Budget Showing Strong Fiscal Management and Flexibility
The Council of Economic and Development Affairs reviewed the Ministry of Finance report on August 6, 2026, affirming Saudi Arabia’s…
GASTAT Records 88 Percent Growth in Saudi Renewable Energy Capacity to 12,313 MW
The General Authority for Statistics reported on August 6, 2026, that Saudi Arabia's operated renewable energy capacity rose 88 percent…
Official Statistics Show Saudi Crude Oil Production Rose 5.6 Percent in 2025
The General Authority for Statistics reported Wednesday that Saudi Arabia's crude oil production reached 3.46 billion barrels in 2025, a…
Pacific Titan Delivers Nine Wind Turbines to Yanbu for Major Saudi Projects
A specialized shipment of nine wind turbines with 27 blades arrived aboard the Pacific Titan at King Fahd Industrial Port…
Consortium Activates 1,100 MW Al Henakiyah Solar Plant in Saudi Madinah Region
The 1,100-megawatt Al Henakiyah 1 solar plant in Saudi Arabia's Madinah region began commercial operations during the summer of 2025…
Saudi Cabinet Approves New Tenders Law Raising Direct Procurement Limit to SAR 1 Million
Finance Minister Mohammed bin Abdullah Al-Jadaan welcomed the Council of Ministers' approval on August 5, 2026 of a revised Government…
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