Stunning 12,000-year-old rock art emerges in Saudi Arabia

In the spring of 2023, at an isolated archaeological site in the Nafud Desert of northern Saudi Arabia, a day laborer named Saleh Idris stood beside a test trench, awaiting the next bucket of sediment to be sieved. But when he glanced up at the...

Saudi Arabia and China hail Pak-Afghan truce

Published on: October 21, 2025 7:23 AM Saudi Arabia on Monday welcomed an agreement between Pakistan and Afghanistan on an immediate ceasefire after a week of fierce border clashes, the worst violence between the South Asian neighbours since the...

Saudi's Salic, Syngenta in deal to boost global food security

Saudi Agricultural and Livestock Investment Company (Salic), a wholly-owned unit of Saudi PIF, and global agri-tech leader Syngenta Crop Protection AG (Syngenta), have signed a Letter of Intent (LOI) to combine their expertise to create a...

Saudi crown prince to visit US seeking similar defence pact to Qatar: Report

Saudi Arabia's Crown Prince Mohammed bin Salman is headed to the White House next month to meet with the very same man he came to see on his last trip in 2018, US President Donald Trump. The Financial Times is reporting that the crown prince is...

Saudi: Al Rajhi Bank’s assets hike 17.5% in 9M-25

Riyadh: Al Rajhi Bank registered net profits amounting to SAR 18.41 billion in the first nine months (9M) of 2025, up 29.64% year-on-year (YoY) from SAR 14.20 billion. The assets grew by 17.35% to SAR 1.05 trillion in 9M-25 from SAR 902.57 billion...

Saudi: Takween to create over $173mln Sukuk program

Riyadh: Takween Advanced Industries Company decided, on 19 October 2025, to establish SAR-denominated Sukuk programs, compliant with Islamic Shariah principles. Takween appointed Sukuk Financial Company as the financial advisor for the Sukuk...

Goldman Sachs sets up private wealth management team in Saudi Arabia

Goldman Sachs is setting up a private wealth management team in Saudi Arabia, it said on Tuesday, as it boosts its offer in the Middle East to serve a growing number of high net worth individuals in the region. In May last year, the U.S. bank...

Acwa Power achieves $2.9bln financial close for Saudi CCGT plant

Leading global utility project developer Acwa Power has announced that one of its key affiliates - Hajar Two Electricity Company - has achieved a SAR10.8 billion ($2.9 billion) financial close for the Qurayyah CCGT IPP Expansion Project located in...

Saudi: Riyad Bank’s profits jump to over $2bln in 9M-25

Riyadh: The net profits of Riyad Bank rose by 9.98% year-on-year (YoY) to SAR 7.77 billion in the first nine months (9M) of 2025 from SAR 7.06 billion. Earnings per share (EPS) edged up to SAR 2.46 in 9M-25 from SAR 2.27 in 9M-24, according to the...

Saudi: Ayyan Investment’s revenues leap 1,260% in Q3-25

Riyadh: Ayyan Investment Company turned into profitability at SAR 468.43 million in the first nine months (9M) of 2025, against net losses of SAR 138.81 million in 9M-24. Revenues hiked by 546.30% year-on-year (YoY) to SAR 125.64 million as of 30...

Malaysia vows to meet Saudi Arabia’s new health protocols for 2026 Haj season

KUALA LUMPUR, Oct 21 — Malaysia is committed to complying with the new health requirements for the 1447H/2026M haj season as announced by the Saudi Arabian Ministry of Haj and Umrah recently, said Minister in the Prime Minister's Department...

Tradeweb Launches Electronic Market for Saudi Riyal Bonds

Tradeweb Markets, a leading, global operator of electronic marketplaces for rates, credit, equities and money markets, announced the successful launch of its Alternative Trading System (ATS) for the execution of Sukuk and Saudi Riyal...

Saudi Arabia’s luxury hospitality evolution with Fredrik Blomqvist

How would you describe the current landscape of luxury hotels in Jeddah, and what makes the city unique for hospitality? Jeddah is experiencing a remarkable transformation as it increasingly positions itself as a gateway for both business and...

Riyad Capital, Saudi Railway to launch $1.6bn real estate fund in Makkah

Riyad Capital, one of the kingdom’s largest asset managers and a leading company in real estate investment, has announced that it will join hands with the Saudi Railway Company (SAR) to establish a real estate fund aimed at developing a mixed-use...

Devexperts Strengthens Middle East Presence With Week-Long Networking Program in Saudi Arabia

Free Newsletter Get the hottest Fintech Middle East News once a month in your Inbox Devexperts, the software developer for the global capital markets industry, is expanding its presence in the Middle East with a renewed focus on Saudi Arabia....

SALIC and Syngenta to Explore Joint Agriculture Projects That Enhance Food Security in Saudi Arabia and Beyond

Saudi Agricultural and Livestock Investment Company (SALIC), wholly owned by Saudi Arabia’s Public Investment Fund (PIF), and global agri-tech leader Syngenta Crop Protection AG (Syngenta), have signed a Letter of Intent (LOI) to combine their...

MoneyHash and Tabby Partner to Expand BNPL Access in UAE and Saudi

Free Newsletter Get the hottest Fintech Middle East News once a month in your Inbox MoneyHash, a payment orchestration platform, has partnered with Tabby, the Saudi Arabia-based financial services app. The partnership enables merchants to offer...

“SV by Saudia” Makes Its Debut at Riyadh Fashion Week

Saudia, the national flag carrier of Saudi Arabia, has unveiled its new premium ready-to-wear and lifestyle brand, “SV by Saudia”, during an exclusive runway show held on the rooftop of the Kingdom Center Tower, marking one of the culminating...

Salman Khan separates Balochistan from Pakistan at Saudi event, fans laud actor’s comments: ‘A subtle but bold distinction’

Actor Salman Khan recently attended the Joy Forum 2025 in Riyadh and shared the stage with his contemporaries Shah Rukh Khan and Aamir Khan. During a discussion, Salman made a comment about people from Balochistan, which has since then sparked...

Mideast Stocks: Most Gulf markets track Asian shares higher; weak earnings weigh on Saudi

Most Gulf stock markets rose in early trade on Tuesday, in line with Asian benchmarks, on potential easing of U.S.-China trade tensions, although Saudi Arabia’s index dipped due to disappointing corporate earnings. Dubai's main share index rose...