Saudi Arabia's Ministry of Energy has reiterated that all activities involving petroleum and petrochemical materials must obtain the necessary licences from the ministry.
It will be another year of robust economic growth in the Middle East in 2026 despite lower oil prices, according to top ratings agency Fitch. The median growth among the Gulf countries as well as Egypt, Iraq, Israel and Jordan will be at 4%, up from 3.4% last year.
ENGIE, a global leader in low-carbon energy and services, today announced the appointment of Turki Al Shehri as Country Manager for Saudi Arabia, effective January 1, 2026.
Saudi Ministry of Hajj and Umrah has suspended contracts of 1,800 foreign travel agencies operating in the Umrah sector, out of the total 5,800, giving them 10 days to rectify their status. The action comes following a periodic evaluation of these firms that revealed poor service quality.
GFH Financial Group (GFH) has announced that it has completed the acquisition of a majority stake in Byrne Equipment Rental, one of the GCC’s leading industrial services and equipment rental providers with an investment and capex programme valued at approximately $400 million.
Cluster2 Airports, which operates 22 airports across Saudi Arabia, reported remarkable performance in 2025, welcoming over 19.9 million passengers—an 11% increase from the previous year. They also handled more than 164,000 flights, a 7% rise, with 87.9% of departures and 87.4% of arrivals operating on schedule.
Intech has announced its recognition as an Aveva Endorsed System Integrator (ESI) for Saudi Arabia, the highest tier within the Aveva System Integrator Partner Programme.
Hilton has announced the launch of Raeidat (meaning Pioneers), its new Women in Leadership programme in Saudi Arabia – a development journey created to prepare women for future leadership roles within the hospitality sector. The inaugural cohort brings together 25 women from 10 Hilton hotels across the Kingdom,
Saudi Arabia's Roads General Authority (RGA) has announced the list of qualified bidders for the country's pioneering One-Stop Station Project. A key public-private partnership project for Saudi Arabia, it will be implemented on a design-build-finance-operate-maintain (DBFOM) model.
The inaugural WTM Spotlight Riyadh, which will take place from September 8 to 10 at the Riyadh Front Exhibition & Convention Center (RFECC), will focus on the large-scale hotel development, and the increasing influence of Saudi travellers at home and abroad.
