Saudi Arabia

Construction & Real Estate Energy, Oil & Gas

ENGIE appoints new Country Manager, MD for Saudi Arabia

Mon, 02 Feb 2026

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.

Media & Promotion

Saudi Arabia suspends 1,800 foreign Umrah travel agency contracts

Mon, 02 Feb 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.

Construction & Real Estate Energy, Oil & Gas

GFH acquires majority stake in Byrne Equipment Rental

Mon, 02 Feb 2026

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.

Travel, Tourism & Hospitality

Saudi Arabia’s Cluster2 Airports welcomes 19.9m passengers in 2025

Mon, 02 Feb 2026

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.

Energy, Oil & Gas

Intech named Aveva’s sole Endorsed System Integrator in Saudi Arabia

Mon, 02 Feb 2026

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.

Travel, Tourism & Hospitality

Hilton launches women in leadership programme in Saudi Arabia

Mon, 02 Feb 2026

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,

Construction & Real Estate

Saudi Arabia announces qualified bidders for landmark One-Stop Station project

Mon, 02 Feb 2026

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.

Travel, Tourism & Hospitality

WTM Spotlight Riyadh to explore hotel growth, influence of Saudi travellers

Mon, 02 Feb 2026

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.

Industry, Logistics & Shipping

Saudi Arabia launches Wave 3 of Exploration Enablement Programme

Mon, 02 Feb 2026

Saudi Arabia's Ministry of Industry and Mineral Resources (MIM), in collaboration with the Ministry of Investment, has launched Wave 3 of the Exploration Enablement Program (EEP) application submission stage.

Finance & Capital Market Industry, Logistics & Shipping

Saudi real GDP records 4.5% growth in 2025

Mon, 02 Feb 2026

Saudi Arabia's real gross domestic product (GDP) recorded an annual growth rate of 4.5% in 2025 compared to the previous year, while growth reached 4.9% in the fourth quarter (Q4) of 2025 compared to the same period in 2024.