Press releases and business news from the Kingdom of Saudi Arabia
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Last 7 Days Postings

SAB Invest Launches Global Select Equity Fund to Provide Investors with Access to Global Growth Opportunities
Business NewsTuesday, August 18, 2026 : 19:43(+4GMT)

SAB Invest Launches Global Select Equity Fund to Provide Investors with Access to Global Growth Opportunities

New Shariah-compliant public fund investing in a concentrated portfolio of high-conviction global companies Active investment strategy focused on long-term structural growth themes, including artificial intelligence, cloud computing and next-generation technologies Riyadh, Kingdom of Saudi Arabia, 18 August 2026 – SAB Invest today announced the l

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HRH the Crown Prince Congratulates President of Gabon on Independence Day
Local NewsTuesday, August 18, 2026 : 12:28(+4GMT)

HRH the Crown Prince Congratulates President of Gabon on Independence Day

Jeddah, August 17, 2026, SPA -- His Royal Highness Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince and Prime Minister, has sent a cable of congratulations to President and Head of State Brice Clotaire Oligui Nguema of the Gabonese Republic on his country's Independence Day. HRH the Crown Prince wished the president continued good health and happiness, and the government and people o...

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KACCC Highlights Family Role in Building Individuals and Society
Local NewsTuesday, August 18, 2026 : 12:23(+4GMT)

KACCC Highlights Family Role in Building Individuals and Society

Riyadh, August 17, 2026, SPA -- The King Abdulaziz Center for Cultural Communication (KACCC) held a forum today to highlight the family's role in building individuals and society. The forum addressed the role of religious and educational institutions in strengthening the value system, factors that may limit the family’s effectiveness in supporting intercultural dialogue, and ways to use tech...

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Madinah Chamber Holds Workshop on Monsha’at and HRDF Programs for Vehicle Maintenance Sector
Business NewsTuesday, August 18, 2026 : 12:22(+4GMT)

Madinah Chamber Holds Workshop on Monsha’at and HRDF Programs for Vehicle Maintenance Sector

Madinah, August 18, 2026, SPA -- The Madinah Chamber of Commerce and Industry, in cooperation with the Small and Medium Enterprises General Authority (Monsha’at) and the Human Resources Development Fund (HRDF), held a virtual workshop to introduce the programs, initiatives, and services available to establishments operating in the vehicle maintenance and repair sector. The workshop covered s...

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PIF Delivers Strong Revenue and Profit Growth in 2025
Local NewsTuesday, August 18, 2026 : 12:18(+4GMT)

PIF Delivers Strong Revenue and Profit Growth in 2025

Riyadh, August 17, 2026, SPA -- The Public Investment Fund (PIF) today published its 2025 Annual Report, demonstrating strong financial performance and continued progress against its long-term objectives. As a long-term investor with a unique mandate to drive the economic transformation of Saudi Arabia and deliver sustainable financial returns, PIF maintained a diversified portfolio in 2025, balan...

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KIB organizes training program to enhance service quality and develop Public Authority for Manpower employees’ capabilities
Business NewsMonday, August 17, 2026 : 22:26(+4GMT)

KIB organizes training program to enhance service quality and develop Public Authority for Manpower employees’ capabilities

Kuwait, 17 August 2026: Kuwait International Bank (KIB) organized a specialized training program for employees of the Public Authority for Manpower to strengthen customer service skills and enhance the quality of service provided to visitors. The program reflects KIB’s commitment to sharing its expertise in management and service excellence with the public sector, supporting the development...

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 Diriyah Company Signs $533 Million (SAR 2 Billion) Financing Agreement with Arab National Bank to Fund Branded Residential Developments in Diriyah and Wadi Safar
Business NewsMonday, August 17, 2026 : 22:07(+4GMT)

Diriyah Company Signs $533 Million (SAR 2 Billion) Financing Agreement with Arab National Bank to Fund Branded Residential Developments in Diriyah and Wadi Safar

Diriyah, Saudi Arabia: 17 August 2026: Diriyah Company has secured a $533 million (SAR 2 billion) financing agreement from Arab National Bank (anb) to fund the development of numerous branded residences in Diriyah and Wadi Safar. The agreement was signed by Mr. Jerry Inzerillo, Group Chief Executive Officer of Diriyah Company, and Mr. Louai A. Alzaher, Chief Wholesale Bank Officer at Arab National...

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Cyber and physical threats reshaping security across the Middle East, says governance, risk and compliance leader
Events & ExhibitionsMonday, August 17, 2026 : 17:52(+4GMT)

Cyber and physical threats reshaping security across the Middle East, says governance, risk and compliance leader

Cyber and physical threats reshaping security across the Middle East, says governance, risk and compliance leader TAQA's Hesham ElGindy to explore responsible AI, insider risk and integrated security strategies at Intersec Saudi Arabia's Future Security Summit The Summit takes place during the first two days of Intersec Saudi Arabia, which is he

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Foreign Minister Receives Yemeni Minister of Foreign Affairs and Expatriates
Local NewsMonday, August 17, 2026 : 12:39(+4GMT)

Foreign Minister Receives Yemeni Minister of Foreign Affairs and Expatriates

Riyadh, August 16, 2026, SPA -- Minister of Foreign Affairs Prince Faisal bin Farhan bin Abdullah received today in Riyadh Minister of Foreign Affairs and Expatriates of the Republic of Yemen Dr. Afrah Abdulaziz Al-Zouba. Prince Faisal bin Farhan congratulated Dr. Afrah Al-Zouba on her appointment, expressing his aspiration to continue joint efforts between the two countries in a manner that serve...

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US President Welcomes Signing of Makkah Joint Defence Agreement
Local NewsMonday, August 17, 2026 : 12:35(+4GMT)

US President Welcomes Signing of Makkah Joint Defence Agreement

Washington, August 17, 2026, SPA -- United States President Donald Trump welcomed the signing of the Makkah Joint Defence Agreement by the Kingdom of Saudi Arabia, the Republic of Türkiye, and the Islamic Republic of Pakistan, describing it as a big, bold, and important first step. In a post on his Truth Social account, Trump said he was "very happy to see" the three countries sign the agreem...

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Saudi Arabia Brings Together Water Sector Leaders and Experts from 100 Countries to Discuss Global Water Security Solutions
Local NewsMonday, August 17, 2026 : 12:34(+4GMT)

Saudi Arabia Brings Together Water Sector Leaders and Experts from 100 Countries to Discuss Global Water Security Solutions

Riyadh, August 16, 2026, SPA -- The Saudi Water Authority (SWA) will host the 21st edition of the IDRA World Congress on Desalination and Water Reuse (IDRA 2026) in Riyadh, marking the first time the Congress is held in the Kingdom. The event will bring together water sector leaders and experts from 100 countries, including 400 experts and specialists and more than 2,200 participants, to discuss s...

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Scenic Mountain Route Attracts Tourists to Jazan Highlands
Travel NewsSaturday, August 15, 2026 : 11:02(+4GMT)

Scenic Mountain Route Attracts Tourists to Jazan Highlands

Fayfa, August 14, 2026, SPA -- Al-Hayjah Road in Jazan Region stands out as a scenic tourist route connecting the governorates of Al-Ardah and Fayfa, offering travelers a smooth transition from rural foothills, farms, and villages to the lush Fayfa highlands. About 20 kilometers long, the road runs through diverse terrain, including mountains, valleys, and agricultural terraces lined with dense ve...

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Traditional Palm Frond Weaving Preserves Cultural Heritage in Najran
Local NewsSaturday, August 15, 2026 : 10:55(+4GMT)

Traditional Palm Frond Weaving Preserves Cultural Heritage in Najran

Najran, August 14, 2026, SPA -- Palm frond weaving in Najran Region remains a cherished traditional handicraft, reflecting the skill of local artisans in transforming natural palm fronds and fibers into versatile daily essentials, including mats, baskets, cushions, hand fans, and ropes. In the historic market of the Aba Al-Saud neighborhood, shops display an array of intricately woven items that b...

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International Symposium in Riyadh Explores Education Quality from Youth Perspective
Local NewsSaturday, August 15, 2026 : 10:54(+4GMT)

International Symposium in Riyadh Explores Education Quality from Youth Perspective

Riyadh, August 15, 2026, SPA -- The UNESCO Regional Center for Quality and Excellence in Education, in cooperation with Yemen’s Ministry of Education, organized an international symposium today titled “Different Contexts, Shared Aspirations: Youth Reimagining Quality and Excellence in Education,” with the participation of youth, education policymakers, experts and researchers, as...

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Ministry of Tourism Updates Hajj Season Accommodation Regulations and Standards to Enhance Service Quality
Local NewsSaturday, August 15, 2026 : 10:53(+4GMT)

Ministry of Tourism Updates Hajj Season Accommodation Regulations and Standards to Enhance Service Quality

Riyadh, August 15, 2026, SPA -- The Ministry of Tourism has approved updates to the regulations governing Hajj season accommodation activities, licensing and classification standards, and the schedule of violations applicable to facilities designated to host pilgrims in Makkah and Madinah. The updates aim to improve hospitality facilities' readiness, enhance service quality, and regulate operation...

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Sports Academies in Rafha Foster Talent Discovery and Community Sports
Events & ExhibitionsFriday, August 14, 2026 : 10:32(+4GMT)

Sports Academies in Rafha Foster Talent Discovery and Community Sports

Rafha, August 14, 2026, SPA -- Rafha Governorate is witnessing growing sports activity, with the expansion of neighborhood sports fields and the establishment of several specialized sports academies, contributing to a structured environment for discovering talents, developing young athletes’ skills, and promoting community sports. The academies offer specialized training programs to develop...

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Saudi Arabia Ranks Among the Top 10 Global AI Investors: World Bank Report
Local NewsFriday, August 14, 2026 : 10:31(+4GMT)

Saudi Arabia Ranks Among the Top 10 Global AI Investors: World Bank Report

Riyadh, August 13, 2026, SPA -- The World Bank has highlighted the role of the Kingdom of Saudi Arabia, represented by the Saudi Data and Artificial Intelligence Authority (SDAIA), in building an integrated data ecosystem and supporting data integration across government entities in the Kingdom. The report reviewed Saudi Arabia’s experience in data and artificial intelligence, highlighting i...

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Commerce Ministry: Over One Million Discounted Products Available at Businesses, Online Stores
Local NewsFriday, August 14, 2026 : 10:30(+4GMT)

Commerce Ministry: Over One Million Discounted Products Available at Businesses, Online Stores

Riyadh, August 13, 2026, SPA -- The Ministry of Commerce announced that more than one million discounted products are available at commercial establishments and online stores as part of the "2026 Sales" campaign, which began at the start of August and will continue until October 30. The ministry continues to monitor commercial establishments and online stores to verify their compliance with the re...

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Royal Orders Issued
Local NewsFriday, August 14, 2026 : 10:27(+4GMT)

Royal Orders Issued

Jeddah, August 13, 2026, SPA -- Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud issued the following royal orders today: The Cabinet shall be reconstituted under the chairmanship of His Royal Highness Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince and Prime Minister, with its current members, as per previous royal orders stating that the term of the Cabinet shal...

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Sea of Clouds Embraces Aseer Mountains, Paints a Breathtaking Summer Canvas
Travel NewsThursday, August 13, 2026 : 10:29(+4GMT)

Sea of Clouds Embraces Aseer Mountains, Paints a Breathtaking Summer Canvas

Abha, August 13, 2026, SPA -- In a constantly shifting landscape, thick clouds embrace the peaks of Aseer region, drifting gracefully along slopes, winding roads, and agricultural terraces. This natural canvas, where pristine white clouds meet towering mountains, perfectly captures the area’s unique summer climate and diverse terrain. Aerial footage captured by the Saudi Press Agency (SPA) r...

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Jathjath and Lavender Enhance Vegetation in King Salman Royal Nature Reserve
Local NewsThursday, August 13, 2026 : 10:28(+4GMT)

Jathjath and Lavender Enhance Vegetation in King Salman Royal Nature Reserve

Sakaka, August 12, 2026, SPA – The King Salman Royal Nature Reserve boasts a unique diversity of native plants, including the aromatic perennial Jathjath shrub, which belongs to the Asteraceae family and reaches a height of 70 centimeters. Its branches are covered with white hairs, while its ribbon-like leaves and yellow flowers give it a distinctive appearance. The reserve is also home to l...

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On 'World Calligraphy Day': A Cultural and Artistic Celebration at the King Abdulaziz Public Library
Local NewsThursday, August 13, 2026 : 10:26(+4GMT)

On 'World Calligraphy Day': A Cultural and Artistic Celebration at the King Abdulaziz Public Library

Riyadh, August 13, 2026, SPA -- The King Abdulaziz Public Library in Riyadh is witnessing renewed artistic and intellectual activity celebrating Arabic calligraphy and its aesthetics through a number of diverse activities and events. Arabic calligraphy occupies a prominent place in its programs and cultural strategy, which strengthens the connection between contemporary culture and Arab heritage i...

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World Bank 2026 Report Highlights Saudi Arabia's Progress in AI Investment and Talent Attraction
Business NewsThursday, August 13, 2026 : 10:25(+4GMT)

World Bank 2026 Report Highlights Saudi Arabia's Progress in AI Investment and Talent Attraction

Riyadh, August 12, 2026, SPA -- The World Bank Group's World Development Report 2026, titled The Promise of Artificial Intelligence, highlights Saudi Arabia's growing position in the global artificial intelligence landscape, placing the Kingdom among the world's top 10 countries for private AI investment and highlighting it as an attractive destination for AI talent and a model for government data...

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