Saudi

Saudi Public Transport Use Reaches 420.6 million Passengers in 2025 Saudi Transport General Authority announced that public transport usage across the Kingdom recorded a remarkable growth in 2025, reaching 420.6 million passengers, according to Arab News. This represents a 129% increase compared to 183.3 million passengers in 2019. The current success coincided with the World

The Governor of Saudi Arabia’s Public Investment Fund (PIF) and Chairman of Aramco, Yasir Al-Rumayyan, underscored the Kingdom’s economic resilience in the face of the current geopolitical tensions. Furthermore, Al-Rumayyan said that the PIF will unveil its next five-year strategy in the coming weeks, amid a strategic shift in the fund’s approach to attract investments

Logo of International Monetary Fund (IMF) Jihad Azour, Director of the Middle East and Central Asia Department at the International Monetary Fund (IMF), said Saudi Arabia’s early response to the US-Iran conflict and the disruption of shipping through the Strait of Hormuz helped contain the crisis fallout and underscored the Kingdom’s resilience. Speaking to Al Eqtisadiah

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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