Saudi Arabia

Construction & Real Estate

Al Madinah MDA shines at Bentley Systems 2025 Going Digital Awards

Thu, 23 Oct 2025

Saudi Arabia's Al Madinah Region Development Authority (MDA) has emerged as the only winner from the region at the Bentley Systems 2025 Going Digital Awards. MDA won the top honours for its Manarah Urban Data Platform.

Retail & Wholesale

International Gifts and Products Exhibition opens in Jeddah

Thu, 22 Oct 2026

The inaugural International Gifts & Products Exhibition has opened at the Jeddah Exhibition and Events Centre, operated by the Jeddah Chamber, and will run until October 31.

Retail & Wholesale

Saudi POS spending hits $3.35bn in one week

Thu, 22 Oct 2026

Point-of-sale (POS) transactions in Saudi Arabia totalled SR12.6 billion ($3.35 billion) from October 11 to 17, down 6.8% from SR13.53 billion the previous week.

Miscellaneous

One killed as Dammam airport targeted; drone attack near Shybah kills 2

Thu, 22 Oct 2026

Dammam's King Fahd International Airport was targeted by an attack on Wednesday evening, killing one person, said Saudi Arabia's General Authority of Civil Aviation (GACA).

Energy, Oil & Gas

Saudi oil exports rise to five-month high despite regional disruptions

Thu, 22 Oct 2026

Saudi Arabia's crude oil exports rose nearly 8 per cent in August to their highest level since March, signalling a continued recovery in shipments despite the prolonged disruption to regional energy flows caused by the Middle East conflict.

Finance & Capital Market

Saudi oil output rises to 8mbpd; business activity strengthens

Thu, 22 Oct 2026

Saudi Arabia’s crude oil production rose to 8 million barrels per day (mbpd) in September 2026, an increase of 12.2% month-on-month, while Brent crude prices settled at $103.5 per barrel at the end of the month, according to Al Rajhi Capital Research.

Finance & Capital Market Industry, Logistics & Shipping

KSA private sector's contribution to GDP doubles in 10 years to $613bn

Wed, 22 Oct 2025

The contribution of Saudi Arabia's private sector to the gross domestic product (GDP) has doubled in ten years, rising from SAR1.1 trillion ($293.31 billion) in 2016 to about SAR2.3 trillion ($613.28 billion) today, said Minister of Investment Khalid Al-Falih.

Industry, Logistics & Shipping

Saudi Arabia's mining exploration spending tops $280m in 2024

Wed, 22 Oct 2025

Saudi Arabia's mining exploration spending increased fivefold in four years, reaching SAR1.05 billion ($280.5 million) in 2024, up from SAR501 million ($133.5 million) in 2023, and up from SAR205 million ($55 million) in 2020, the Ministry of Industry and Mineral Resources (MIM) has announced.

Industry, Logistics & Shipping IT & Telecommunications

Honeywell boosts local manufacturing in Saudi Arabia with new production line

Wed, 22 Oct 2025

Honeywell has announced the launch of a new production line of its advanced handheld mobile computers – the ScanPal EDA57 and the CT47 – at its facility in Dhahran, Saudi Arabia. The move represents another major milestone in Honeywell’s ongoing localization strategy in the kingdom.

Industry, Logistics & Shipping

KSA launches 'Industrial Ideas Development' programme

Wed, 21 Oct 2026

The Saudi Ministry of Industry and Mineral Resources, in collaboration with Imam Mohammad Ibn Saud Islamic University, has launched the Industrial Ideas Development Programme.