Tag: 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

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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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