Elsewedy Electric Power Systems Projects said it is implementing a portfolio of six high voltage power substations across various the kingdom in collaboration with Saudi Electricity Company and National Grid Company. These projects have a voltage levels ranging between 110 and 115 kilovolts.
Saudi Arabia's banking sector saw a slowing of credit growth in February to +0.5% month-on-month (+9.6% y-o-y), vs 0.7% m-o-m in January 2026 and average 0.9% m-o-m in 2025.
Saudi Arabia's Ministry of Municipalities and Housing (MOMAH) and the National Center for Privatization & PPP (NCP), have announced the launch of the Expression of Interest (EOI) for the Municipal Food Safety Labs Operation Project under a PPP framework (equip-operate-maintain-transfer).
Saudi Arabia’s real gross domestic product (GDP) grew by 4.5% in 2025 compared with 2024, driven by growth across all economic activities, with oil activities rising 5.7%. The total GDP at current prices reached SAR4,789 billion ($1275.70 billion) in the year.
A military projectile fell on a residential area in Al-Kharj Governorate, resulting in two fatalities and the injury of 12 residents, said a Saudi Arabia's Defence ministry spokesperson.
Saudi Arabia has told Tehran that continued Iranian attacks on the kingdom and its energy sector could push Riyadh to respond in kind, Reuters said quoting people familiar with the matter.
With airspace over Saudi Arabia and Oman open, Air India and Air India Express continue to operate scheduled flights to and from the kingdom's port city Jeddah and the sultanate's capital Muscat. To support guests stranded in the region, the duo will operate 43 flights across the region today (March 7).
Saudi Arabia’s air defences today (March 7) stopped a new wave of airstrikes, this time targeting Aramco’s Shaybah field, one of the kingdom's most vital 'super-giant' fields, said a report, citing the kingdom's ministry of defence.
Saudi Arabia has announced that a cruise missile was intercepted and destroyed east of Al-Kharj Governorate.
Saudi Arabia said on Wednesday that an attempted drone strike targeted the Ras Tanura Refinery, the Kingdom’s largest oil processing facility, but caused no damage and did not disrupt supplies.
