Category: Economy

King Faisal University signed an agreement with a national manufacturing company to develop patents into commercial and industrial applications.

Riyadh will host the second Global Logistics Forum and the UN Global Supply Chain Forum from November 29 to December 1, 2026.

Ministry of Commerce announces over 12 million discounted products and 3,500 licenses for Saudi National Day, enhancing consumer protection and economic activity.

The Local Content and Government Procurement Authority signed two agreements to localize security vehicle warning devices and firefighter helmets.

Gold prices fell 0.5% to $4,327.80 per ounce on inflation concerns and Fed rate hike expectations. Read about implications for Saudi Arabia and Vision 2030.

Oil prices surged over 2% as geopolitical tensions persist. Brent crude reached $107.51 and WTI $102.32, highlighting Saudi Arabia’s role in energy market stability.

More than 160 Syrian companies participated in the first SYRIX Expo 2026 held at the Jeddah Center for Exhibitions and Events.

Dammam Airports and WSP signed a design contract to develop King Fahd International Airport to increase passenger and cargo capacity.

The Insurance Authority is participating in hosting Money20/20 Middle East in Riyadh from September 14 to 16 to highlight Saudi insurance sector developments.

The Syrian Ministry of Energy and Saudi company CASHIN signed an agreement in Damascus to develop a national digital platform for petroleum derivatives.

Madinah Region’s 8.1 million date palms generate 162k-186k tons of waste annually, offering investment opportunities in circular economy products.

Jazan City for Primary and Downstream Industries has completed 82% of a warehouse project featuring a 9,234 square meter main facility.

The Ministry of Energy conducted 9,263 inspections in July 2026, detecting 964 violations of petroleum and petrochemical laws.

Under Saudi Ministry of Energy supervision, Syria’s Ministry of Energy and CASHIN sign a strategic partnership to develop a national petroleum derivatives platform.

The Insurance Authority participates in hosting Money20/20 Middle East in Riyadh, showcasing Saudi insurance sector developments and Vision 2030 alignment.

The 12th Riyadh Economic Forum will present five strategic studies supporting Saudi Vision 2030 from October 12 to 14, 2026.

Saudi Arabia concludes its Guest of Honor participation at the 26th China International Fair for Investment and Trade, showcasing Vision 2030 opportunities and strengthening bilateral ties.

S&P Global Ratings affirms Saudi Arabia’s credit rating at A+ with a stable outlook, citing energy infrastructure, non-oil growth, and strong government assets.

The first edition of the Syrian Industries “SYRIX” Expo 2026 concluded yesterday at the Jeddah Center for Exhibitions and Events, with more than 160 Syrian companies and factories participating alongside a large turnout of businessmen, importers, and distributors seeking commercial and investment opportunities in the Saudi market. The event, reported by the Saudi Press Agency […]

The Insurance Authority launched an innovation platform to allow startups to test insurance products in a secure regulatory environment.

The Saudi Stock Exchange main index closed at 10,833.18 points after losing 12.40 points, with transactions totaling SAR4.8 billion.

The second Global Logistics Forum will take place in Riyadh from November 29 to December 1, 2026, under the patronage of King Salman bin Abdulaziz Al Saud.

Jazan City for Primary and Downstream Industries reports that its warehouse construction project has reached an 82% completion rate.

Saudi railways transported over 38 million passengers and 3.7 million tons of cargo in the second quarter of 2026.

Aseer Region’s abundant pomegranate harvest drives economic returns and agritourism, highlighted by the 6th Pomegranate Festival in Sarat Abidah, supporting Vision 2030.

Tabuk region produces various fig varieties from approximately 55,000 trees to supply local markets.

Sakaka hosts the third dates festival showcasing Al-Jouf’s diverse varieties like Medjool and Sukkari, supporting farmers and Vision 2030 goals.

Saudi Arabia will host the second Global Logistics Forum in Riyadh from November 29 to December 1.

The Ministry of Energy conducted 9,263 inspections in July, recording 964 violations regarding petroleum and LPG distribution.

IsDB Chairman Dr. Muhammad Al Jasser visited Rabat on September 10, 2026, to strengthen the Islamic Development Bank Group’s partnership with Morocco.

The Transport General Authority reports that over 2,000 students benefited from maritime training programs in the first half of 2026.

GAFT introduced the Trade Remedies Law and implementing regulations to industrial-city firms in a virtual workshop supporting Saudi Arabia’s global trade goals

The Buraidah International Dates Carnival turns Qassim’s agricultural heritage into economic value, connecting farmers to markets and supporting Vision 2030 goals.

Saudi Arabia establishes Marine War Risks Insurance Pool for Cargo and Hull to protect supply chains, boost trade resilience, and support Vision 2030.

The fifth SEREDO real estate exhibition closed in Jeddah after three days at the Jeddah Superdome, drawing 35,000 visitors and multiple investment agreements.

Jeddah Chamber organized a meeting between the Saudi business sector and a delegation of 24 Bangladeshi companies to review investment opportunities.

Riyadh is the only Gulf city ranked among the top 100 global innovation clusters for 2026, placing 92nd worldwide.

Makkah Chamber held a workshop on Monsha’at and Hadaf programs to support vehicle maintenance and repair establishments.

Monsha’at, in partnership with the Saudi Bar Association, organizes Law Week from September 13-17, 2026, to boost legal awareness among entrepreneurs and SME owners.

The Transport General Authority (TGA) trained over 2,000 maritime trainees and approved 60 specialized programs in the first half of 2026.

Al-Ahsa lemons are exported to Arabian Gulf markets following the implementation of packaging standards and a unified trademark.

Vice Minister Rumaih Al-Rumaih opens the Saudi Warehousing and Logistics Expo 2026 in Riyadh, showcasing the Kingdom’s drive to become a global logistics hub.

SYRIX Jeddah 2026 opened September 8, bringing Syrian manufacturers and Saudi businesses together to expand trade and investment ties between both nations.

REGA announces real estate registration in Makkah Region’s Rie Dhakher neighborhood from September 13 to December 17, 2026, and title deeds for owners.

Agricultural Development Fund joins Qassim Organic Agriculture Forum, showcasing financing and carbon credits for sustainable farming in Saudi Arabia.

The Ministry of Municipalities and Housing urges investors to use early lease extension options for major projects, supporting sustainability and Vision 2030 goals.

Saudi Arabia, guest of honor at CIFIT 2026 in Xiamen, outlined a deeper investment partnership with China as bilateral trade reached $115 billion in 2025.

The Saudi Stock Exchange main index closed at 10,844.12 points with trading value reaching 5 billion riyals.

Passenger transport app trips in Saudi Arabia exceeded 38.3 million in Q2 2026, a 20% increase from Q2 2025.

Al-Ahsa lemons have expanded into local and Gulf markets following the adoption of unified branding and packaging standards.

Passenger transport app trips in Saudi Arabia exceeded 38.3 million in Q2 2026, a 20% increase from Q2 2025.

The International Date Council and Egypt’s Agricultural Research Center are organizing a regional workshop in Cairo from August 16 to 18.

The GCC Secretariat and GCCIA concluded a two-day workshop in Dammam to study water network interconnection projects among member states.

The Saudi main stock index rose 10.94 points to close at 10,844.12 points with trading value of 5 billion riyals.

The World Bank Group’s 2026 report ranks Saudi Arabia among the top ten countries globally for private investment in artificial intelligence.

A workshop at the GCCIA headquarters in Dammam concluded its study on the feasibility of water interconnection projects among GCC member states.

The Saudi Warehousing and Logistics Expo 2026 opens tomorrow in Riyadh and runs through September 10.

Investor Abdulaziz Aljalban recovered a 6 million riyal investment in the Saudi falcon ecosystem within one year.

The World Bank 2026 report ranks Saudi Arabia among the top ten countries for private investment in artificial intelligence.

The World Bank ranked Saudi Arabia among the top 10 countries globally for private investment in artificial intelligence in its 2026 report.

A World Bank report ranks Saudi Arabia among the top 10 countries globally for private investment in artificial intelligence.

Investor Abdulaziz Al Jalban achieved a return on his 6 million riyal falcon breeding investment within the first year.

The 17th Al-Bukayriyah dates market records daily sales of over 250 tons of various date types.

The GCC and GCCIA concluded a two-day workshop in Dammam to study the feasibility of water network interconnection among member states.

The 17th Al Bukayriyah Date Market in Al-Qassim records daily sales exceeding 250 tons of various date types.

Red Sea Global and ACWA Power begin commercial operations of a renewable energy utilities system in Tabuk serving The Red Sea destination.

Al-Asyah Municipality has completed preparations for the 4th Shaqra Al-Asyah Dates Festival in Ain Ibn Fuhaid city.

The 17th Al-Bukayriyah date market records daily sales of over 250 tonnes of various date varieties.

Al-Jouf region produces more than 880 tons of figs annually across nine different varieties including Brown Turkish and Sultani.

Qassim Region has more than 10.87 million palm trees and date production exceeding 584,128 tons across 13,000 farms.

The 17th edition of the Al-Bukayriyah date market records daily sales exceeding 250 tonnes of various date varieties.

Al-Jouf region produces over 880 tons of figs annually across nine different varieties, including Turkish Brown and Spanish Yellow.

Al-Baha Region has more than 140,000 palm trees producing over 2,000 tons of dates annually, with Al-Aqiq Governorate being a primary cultivation area.

Al Bahah region produces over 2,000 tons of dates annually from more than 140,000 palm trees, with significant cultivation in Al Aqiq.

Al-Baha Region has more than 140,000 palm trees producing over 2,000 tons of dates annually, with Al-Aqiq Governorate being a primary cultivation area.

Al Bahah region produces over 2,000 tons of dates annually from more than 140,000 palm trees, with a focus on Al Aqiq city.

Al-Ahsa limes, known for their thin skin and rich juice, are now being sold in local wholesale markets and exported to Gulf countries.

Al-Baha region produces over 2,000 tonnes of dates annually from more than 140,000 palm trees.

The World Bank World Development Report 2026 ranks Saudi Arabia among the top 10 countries for private AI investment.

The Al-Jouf region produces more than 880 tonnes of various fig varieties annually across several local farms.

The Saudi Stock Exchange main index closed at 10,823.60 points after losing 20.52 points, while the NOMU index closed higher at 21,821.73 points.

The World Bank World Development Report 2026 ranks Saudi Arabia among the top ten countries for private AI investment.

The Saudi Stock Exchange main index closed lower at 10,823.60 points, while the Parallel Market Index (NOMU) closed higher.

The Saudi Stock Exchange main index closed at 10,823.60 points with total exchanges valued at 4.4 billion riyals.

The Al Midhnab dates market features over 50 varieties of dates produced by local farms.

The Al Midhnab dates market features over 50 varieties of dates produced from local farms with support from the National Center for Palms and Dates.

Jeddah Islamic Port is now a main hub for Gemini Cooperation’s AE15 and AE19 services, linking Saudi Arabia to Asia and Europe.

Al-Jawf Province produces more than 880 tons of figs annually due to its fertile soil and quality water sources.

The Council of Ministers abolished the Authority for the Development and Reconstruction of Mountainous Areas in Jazan, transferring its tasks to other entities.

Over 3,900 people and 40 entities participated in AI Week organized by Monsha’at and SDAIA across several Saudi regions.

Al-Jouf Province records an annual fig production exceeding 880 tons, supported by fertile soil and quality water sources.

Prince Fahd bin Saad bin Abdullah bin Turki reviewed a report on the National Water Company’s operations in Al-Baha.

Jazan mountains are being positioned for investment and development based on their urban history and natural landscapes.

The Naqwa Unaizah dates marketing system has expanded its distribution network to reach 65 countries worldwide.

The shrimp season has returned to Jazan to enhance fisheries sustainability and support food security.

The Federation of Saudi Chambers of Commerce launched its new corporate identity on Sept 2, 2026, aligning with Vision 2030 to empower the private sector.

Discover how Al-Mithnab Red Sukkari dates are shaping Saudi Arabia’s agricultural identity, with production spanning over 3,000 farms and 70 varieties.

Saudi Arabia’s Tabuk Governor inaugurates three road projects costing SAR176 million, enhancing connectivity and safety, plus a new road safety initiative to improve infrastructure.

Saudi Arabia invests SAR1.6 billion to develop fourth container terminal at Jeddah Islamic Port, boosting trade capacity and Vision 2030 goals.

French-Saudi Investment Roundtable in Paris highlights €16.3B FDI stock, 650 licenses, and alignment of Vision 2030 with France 2030.