Saudi Arabia

Energy, Oil & Gas

Saudi Arabia launches prequalification for CNG distribution projects

Thu, 14 May 2026

Saudi Arabia’s Ministry of Energy announced the launch of the prequalification process for tenders related to the development, ownership, and operation of tanker-based compressed natural gas (CNG) distribution projects in the Riyadh and Eastern regions.

Travel, Tourism & Hospitality

Saudi Cluster 2 Airports advance in carbon accreditation

Thu, 14 May 2026

Several airports within Saudi Arabia’s Cluster 2 Airports have earned Airport Carbon Accreditation from the Airports Council International (ACI), demonstrating their growing commitment to environmental sustainability at different stages of progress.

Travel, Tourism & Hospitality

Dream of the Desert opens Riyadh HQ, appoints GM

Thu, 14 May 2026

Arsenale Group’s Dream of the Desert, Saudi Arabia’s first ultra-luxury train, opened its Riyadh headquarters and appointed Raffaele Breschi as General Manager and CEO of Arsenale International, marking a key development milestone.

Construction & Real Estate Industry, Logistics & Shipping

HITEK AI to offer sustainability & ESG consultancy in Saudi Arabia

Wed, 13 May 2026

HITEK AI, a pioneering leader in advanced digital facility management solutions, part of the Farnek group of companies, has added sustainability and ESG consultancy services, to its market proposition in Saudi Arabia.

Construction & Real Estate

Saudi Arabia issues tender for design consultancy of its part of GCC railway

Wed, 13 May 2026

Saudi Arabia Railways (SAR) has issued a tender for design consultancy services for its portion of the GCC railway, which will connect all six member states, a MEED report said.

Miscellaneous Travel, Tourism & Hospitality

Saudi ministry issues global alert against fake Hajj permits

Tue, 12 May 2026

The Saudi Ministry of Hajj and Umrah has launched a global awareness campaign warning pilgrims against falling victim to fraudulent advertisements and "fake" Hajj permits.

Finance & Capital Market

Saudi banks' credit to public and private sectors jump 9.6% to $888.9bn

Tue, 12 May 2026

Bank credit extended to the public and private sectors in Saudi Arabia continued its upward trajectory, reaching a record high of around SAR3.335 trillion ($888.9 billion) by the end of February.

Construction & Real Estate Industry, Logistics & Shipping

Intersec Saudi Arabia back in November with its largest edition

Mon, 11 May 2026

Intersec Saudi Arabia, the kingdom’s leading platform for security, safety, and fire protection, will be back in November in capital Riyadh with its largest edition, increasing exhibition space by 40% to meet demand even as the Saudi security market is set to hit $3.4 billion by 2030.

Travel, Tourism & Hospitality

Visa-free travel takes effect between Saudi Arabia, Russia

Mon, 11 May 2026

Building on the strong relations between Saudi Arabia and Russia, the mutual visa exemption agreement between the two countries entered into force on May 11, reflecting their shared commitment to advancing tourism and cultural exchange.

Construction & Real Estate

Saudi Eastern Province real estate market worth $37bn

Sun, 10 May 2026

The real estate sector in Saudi Arabia's Eastern Province has a market size exceeding SAR140 billion ($37.16 billion), it was revealed at the fourth edition of Saudi Expo Real Estate Development and Ownership (SEREDO 2026).