Saudi

The Ministry of Industry and Mineral Resources issued 1,660 new industrial licenses in 2025, with investments exceeding SAR 76 billion. The total number of jobs to be created through these licenses is estimated at around 34,800. In addition, 1,201 factories began production during the same year, with investments exceeding SAR 31 billion and a workforce

Egyptian President Abdel Fattah al-Sisi met with the Crown Prince and Prime Minister of Saudi Arabia, Mohammed bin Salman bin Abdulaziz Al Saud on Monday in Jeddah, coming as part of President Sisi’s fraternal visit to the Kingdom of Saudi Arabia.   Reception and fraternal ties The Official Spokesperson for the Egyptian Presidency stated that

Saudi Arabia’s Heritage Commission has wrapped up its second archaeological season at Ra’s Qurayyah Port in Al-Ahsa, Eastern Province, uncovering 147 architectural units, including large courtyards and ancient wells, according to Arab News. Located 26 kilometers northwest of Al-Uqair Port, the site unveiled fundamental finds—including an Abbasid dirham minted in 765 AD...

Saudi Arabia’s capital markets regulator has opened a public consultation on proposed rules governing real estate ownership by listed companies, investment funds and special purpose entities, including properties located in the holy cities of Makkah and Madinah. The Capital Market Authority invited relevant and interested participants in the capital market to submit feedback on the

Saudi Arabia has begun construction works on the third runway at King Salman International Airport, marking a major milestone in the expansion of Riyadh’s future aviation hub and strengthening the airport’s readiness to support long-term growth in air traffic demand. King Salman International Airport, a Public Investment Fund company, said the third runway is a

Saudi Crown Prince and Russian President Saudi Arabia and Russia on Monday signed a landmark mutual visa exemption agreement for citizens of both countries, according to Gulf News. The two countries finalized the deal in Riyadh during the Saudi–Russian Investment and Business Forum, that brough together Prince Abdulaziz bin Salman, Minister of Energy and Head

Saudi Aramco, one of the world’s leading integrated energy and chemicals companies, has partnered with Pasqal, a global pioneer in neutral-atom quantum computing, to deploy the first quantum computer in the Kingdom—and the Middle East’s first system dedicated to industrial applications. In a recent press release...

‎ Saudi Fisheries' Chairman Abdulaziz Al-Humaid earlier undertook to retain his 25% stake for a one-year period, starting Sept. 15, 2024 The shares retention period for Saudi Fisheries Co.’s (Alasmak) Chairman and majority shareholder Abdulaziz Al-Humaid will end on Sept. 15. On Sept. 15, 2024, Al-Humaid undertook to retain his shares...