Saudi Arabia's construction and building sector topped the list as the most attractive field at the “Land of Opportunities” zone at the Biban Forum 2025, organised by the Small and Medium Enterprises General Authority (Monsha’at).
Cement sales in Saudi Arabia increased by 7.3% year on year (y-o-y) and 8.1% month-on-month (m-o-m) to 5.24 mt in October. This is the highest monthly sales since March 2021, said an Al Rajhi Capital research note.
Acciona, a global company and a leader in providing renewable solutions, has completed the construction and commissioning of the Shuqaiq 4 desalination plant, located in the southwest of Saudi Arabia.
The ninth edition of the Future Investment Initiative flagship conference (FII9), which concluded in Riyadh recently saw more than $50 billion in signed agreements and investment pledges. The deals spanned artificial intelligence, advanced technology, renewable energy and infrastructure.
Three ballistic missiles launched by the terrorist Houthi militia, two toward Riyadh and one toward Khamis Mushait, were intercepted and destroyed by the forces of the Coalition to Restore Legitimacy in Yemen, said the coalition spokesman Major General Turki Al-Malki.
Saudi Arabia and the UAE signed a memorandum of understanding (MoU) in Riyadh on Thursday to strengthen strategic cooperation to advance railway connectivity between the two countries.
Kyndryl, a provider of mission-critical enterprise technology services, and Auj, an aviation strategy and operations advisory firm, announced a strategic collaboration at the World Aviation Festival in Lisbon, Portugal, aimed at accelerating digital transformation across Saudi Arabia’s aviation sector.
Saudi Arabia’s General Entertainment Authority (GEA) Chairman Turki Alalshikh has unveiled details of “Najran Destination,” a new 100,000-square-metre entertainment complex scheduled to open in 2027.
Saudi Arabia and Nicaragua have signed a bilateral air transport services agreement to strengthen cooperation in civil aviation and expand air connectivity between the two countries.
McLaren Automotive has announced its return to Saudi Arabia in partnership with Mohamed Yousuf Naghi Motors, one of the country’s most established automotive groups.