Riyadh

Media & Promotion Miscellaneous

Esports Nations Cup in Nov; $45m prize fund

Fri, 30 Jan 2026

The Esports World Cup Foundation (EWCF) has announced the competition dates and prize model for the Esports Nations Cup 2026 (ENC), the new global esports competition built around national teams, national pride, and iconic rivalries.

Education, HR & Training Industry, Logistics & Shipping

Lockheed Martin launches new software factory in Riyadh

Wed, 28 Jan 2026

Lockheed Martin has opened a major software factory in Riyadh to introduce the global defence major’s hitech software development ecosystem to the kingdom. Also it is setting up an in-country Talent Studio to boost digital and enterprise capabilities within the Saudi workforce.

Construction & Real Estate

300,000 homes planned for Riyadh in next 3 years

Tue, 27 Jan 2026

Saudi Arabia plans to deliver more than 300,000 new housing units in Riyadh over the next three years, Minister of Municipalities and Housing Majed Al-Hogail said on Sunday, underscoring the Kingdom’s push to balance supply and demand in its real estate market.

Construction & Real Estate

Saudi Arabia suspends work on Mukaab megaproject, says report

Tue, 27 Jan 2026

Saudi Arabia has suspended planned construction of a colossal cube-shaped skyscraper named Mukaab at the centre of a downtown development in Riyadh while it reassesses the project's financing and feasibility, Reuters said quoting four people familiar with the matter.

Construction & Real Estate Travel, Tourism & Hospitality

Riyadh Governor opens International Terminal 2 at King Khalid Airport

Mon, 26 Jan 2026

Governor of Riyadh Region Prince Faisal bin Bandar bin Abdulaziz has inaugurated International Terminal 2 and announced the completion of the development project for Terminals 1 and 2 at King Khalid International Airport.

Construction & Real Estate

Riyadh–Jeddah Land Bridge project set for 2034 completion

Thu, 22 Jan 2026

Saudi Arabia Railways (SAR) has announced that work is moving at a steady pace on the Land Bridge Project linking Riyadh and Jeddah and will be delivered 'through a new mechanism and in phases' with completion expected before 2034.

Finance & Capital Market

SICO Capital appoints new Head of Equities Asset Management

Tue, 20 Jan 2026

SICO Capital, a leading provider of asset management, brokerage, and investment banking services in Riyadh and licensed by the Saudi Capital Market Authority, has appointed Hashem Alsada as its new Head of Equities Asset Management, based in Riyadh.

Media & Promotion Travel, Tourism & Hospitality

$75m prize pool for 7-week Esports World Cup 2026

Tue, 20 Jan 2026

The Esports World Cup Foundation (EWCF) has announced a total prize pool of $75 million alongside the full game lineup and schedule for the Esports World Cup 2026 (EWC), the world’s largest esports event, set to return to Riyadh, Saudi Arabia, from July 6 through August 23.

Travel, Tourism & Hospitality

Sofitel debuts in Riyadh

Tue, 20 Jan 2026

Sofitel, the French luxury hospitality brand under Accor, has announced the opening of Sofitel Riyadh Hotel and Convention Centre, marking its debut in Saudi Arabia’s capital. The five-star property features 388 designed rooms and suites.

Industry, Logistics & Shipping

Saudi Arabia concludes ninth licensing round, 172 mining sites awarded

Fri, 02 Jan 2026

Saudi Arabia has announced the names of 24 companies that have won licences in the ninth exploration licensing round, the largest in its history to date. The winning entities were awarded 172 mining sites across three mineralised belts in Riyadh, Madinah and Qassim regions.