Saudi Arabia

Travel, Tourism & Hospitality

Dream of the Desert opens Riyadh HQ, appoints GM

Thu, 14 May 2026

Arsenale Group’s Dream of the Desert, Saudi Arabia’s first ultra-luxury train, opened its Riyadh headquarters and appointed Raffaele Breschi as General Manager and CEO of Arsenale International, marking a key development milestone.

Construction & Real Estate Industry, Logistics & Shipping

HITEK AI to offer sustainability & ESG consultancy in Saudi Arabia

Wed, 13 May 2026

HITEK AI, a pioneering leader in advanced digital facility management solutions, part of the Farnek group of companies, has added sustainability and ESG consultancy services, to its market proposition in Saudi Arabia.

Construction & Real Estate

Saudi Arabia issues tender for design consultancy of its part of GCC railway

Wed, 13 May 2026

Saudi Arabia Railways (SAR) has issued a tender for design consultancy services for its portion of the GCC railway, which will connect all six member states, a MEED report said.

Miscellaneous Travel, Tourism & Hospitality

Saudi ministry issues global alert against fake Hajj permits

Tue, 12 May 2026

The Saudi Ministry of Hajj and Umrah has launched a global awareness campaign warning pilgrims against falling victim to fraudulent advertisements and "fake" Hajj permits.

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.