Abha International Airport, operated by Cluster2 Airports, ranked first globally in its category for on-time performance in June 2026, achieving a 93.84 per cent departure punctuality rate, according to aviation analytics firm Cirium.
Fitch Ratings has affirmed Saudi Arabia's long-term foreign-currency issuer default rating at "A+" with a stable outlook, citing the kingdom's strong external balance sheets and significant fiscal buffers in the form of deposits and other public sector assets as well as resilience to recent geopolitical tensions.
Riyadh Air, Saudi Arabia's new national carrier and a subsidiary of the Public Investment Fund, has announced the addition of two new destinations to its growing network, launching ticket sales for flights linking Riyadh with Málaga (Spain) and Kuala Lumpur (Malaysia).
Saudi Arabia is emerging as a fast-growing destination for Chinese tourists, according to Dragon Trail International’s research with WTM Spotlight Riyadh, driven by Approved Destination Status (ADS) status, Vision 2030 goals, stronger connectivity, and rising demand for cultural and luxury travel.
Najran International Airport in Saudi Arabia handled around 1.7 million passengers and more than 13,000 flights from the start of 2025 through the end of Q1 2026, reflecting steady operational growth.
Canadian group Cority has announced a significant expansion of its presence in Saudi Arabia with the launch of its new regional headquarters. Its cloud-based architecture enables organisations to centralise EHS data, improve transparency, and give teams a clearer, faster view of risk across operations.
Saudi Arabia's real GDP grew by 3.0% in the first quarter of 2026 compared with the same quarter of 2025, supported by growth in both oil and non-oil activities.
First Avenue for Real Estate Development has signed an agreement with SNB Capital, Dar Al Majed and Rekaz to set up an investment fund that will acquire and build educational facilities across Saudi Arabia. This comes as part of First Avenue's strategy to diversify its portfolio and income streams.
GFH, a leading Islamic investment bank, has announced that it has sealed a strategic agreement with Octo Management Consultancies to collaborate on the development of a $300 million logistics and industrial real estate platform across the UAE and the Kingdom of Saudi Arabia.
Saudi Arabia's Ministry of Sport and the National Center for Privatization & PPP (NCP) has announced that five more sports clubs in the country are being offered for privatisation.
