King Fahd International Airport in Dammam, recognised by Guinness World Records as the largest airport in the world by area, has introduced a state-of-the-art navigation system, marking the first Category III Instrument Landing System upgrade in Saudi Arabia.
Roshn Group, Saudi Arabia's leading developer powered by sovereign wealth fund PIF, has signed a SAR1.1 billion ($293 million) agreement with Arabian Dyar, a pioneering real estate group in the kingdom, for the development of a 55,000 sq m land plot within the Sedra community in Riyadh.
Saudi Arabia has announced the launch of Namaa Endowment Fund, aimed at strengthening the sustainability of the non-profit sector within the kingdom’s environmental system. It seeks to boost the non-profit sector’s contribution to GDP and promote environmental and water sustainability.
stc group recorded the highest revenues in its history of SAR77.8 billion ($20.75 billion) in 2025, reflecting a 2.5% increase compared to the previous year. Net profit rose by 12.5% after excluding non-recurring items, demonstrating the strength of the group’s business model and the continued execution of its sustainable growth strategy, the company said.
flyadeal, Saudi Arabia’s low-cost airline, has received its first new aircraft of 2026, an Airbus A320neo, increasing its fleet to 45 jets. Arriving from Airbus’ Toulouse plant, it is flyadeal’s 34th A320neo, contributing to the airline’s all-narrowbody fleet.
Rixos Murjana, Saudi Arabia’s largest ultra all-inclusive resort, has opened in King Abdullah Economic City. Financed by the Tourism Development Fund and developed in partnership with Emaar Economic City and FTG Company, the resort emerges as a destination for domestic and international tourism.
Saudi Arabia's Eram Holdings and top Indian defence electronics company Bharat Electronics Limited (BEL) have officially sealed a strategic collaboration deal aimed at advancing the localisation and co-development of defence and aerospace technologies within the kingdom.
Soiltech has been awarded a contract with Estedama Environmental Solutions to deliver fluid treatment services (STT) in Saudi Arabia, utilising Soiltech’s market-leading technologies for waste reduction, waste recovery and reuse. Startup of operations is scheduled for the second quarter of 2026.
MYCRANE, the first global platform for crane rental and purchase, has appointed Aziz Amri as Director of Sales and Marketing for Saudi Arabia, strengthening the company's commercial leadership as it expands operations across the Gulf region.
ROSHN Group, Saudi Arabia’s leading multi-asset class developer and a Public Investment Fund (PIF) company, has been announced as the first organisation in Saudi Arabia and the GCC region to secure certification for carbon management in buildings and infrastructure from BSI, the business standards and improvement company.
