Saudi Arabia

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).

Energy, Oil & Gas

Aramco Q1 net income rises to $33.6bn despite disruptions

Sun, 10 May 2026

Oil giant Saudi Aramco reported a sharp rise in first-quarter profit on Sunday, citing strong operational resilience and the ability to maintain exports despite disruptions to shipping through the Strait of Hormuz.

Travel, Tourism & Hospitality

Bahrain Airport Services set to launch Saudi operations

Sun, 10 May 2026

Bahrain Airport Services (BAS) has announced plans to launch operations in the Kingdom of Saudi Arabia in a strategic move that reflects the company’s drive to expand beyond Bahrain and solidify its position as a leading regional aviation services provider.

Travel, Tourism & Hospitality

Saudi entertainment sector surpasses 320m visitors

Sun, 10 May 2026

Saudi Arabia’s entertainment sector has recorded one of the region’s fastest growth rates in less than a decade, surpassing 320 million visitors through more than 60 entertainment seasons and programmes.

Retail & Wholesale

Cenomi Retail posts revenue growth of 2.2% to $361m

Sun, 10 May 2026

Cenomi Retail, a leading franchise retailer in Saudi Arabia, reported a revenue growth of 2.4% year-on-year (YoY) in Q1-2026, to SAR1.36 billion ($360.98 million).

Construction & Real Estate

ALEC Holdings posts $1.25bn Q1 revenue, up 87%; net profit doubles

Sun, 10 May 2026

ALEC Holdings, a market-leading diversified engineering and construction group with operations focused on large-scale, complex and iconic buildings and energy projects in the UAE and the KSA, reported a strong set of results for the first quarter ended March 31, 2026 (Q1 2026).

Lifestyle Travel, Tourism & Hospitality

SLS The Red Sea brings international dining concepts to Saudi Arabia

Thu, 09 Apr 2026

SLS The Red Sea, a destination in its own right, presents a dynamic culinary line-up that brings together internationally acclaimed names making their Saudi debut alongside original concepts.