The International Air Transport Association (IATA) praised Saudi Arabia’s air traffic management during recent regional geopolitical tensions, commending its efficiency, resilience, and ability to maintain smooth and safe operations despite challenging circumstances in the region.
The UAE has maintained its position as the world's fifth most competitive economy while ranking first globally in Economic Performance in the 2026 IMD World Competitiveness Ranking, reinforcing its status as one of the world's most resilient and future-ready economies.
SME Bank, Aramco Taleed and fintech firm Manafa have launched new financing solutions for SMEs in Saudi Arabia’s industrial sector and Aramco ecosystem, aiming to improve funding access, liquidity and growth, with opportunities expected to reach SAR1.5 billion ($400 million) over five years.
Saudi Arabia’s tourism sector hit record highs in 2025, welcoming 123 million visitors and generating SAR304 billion ($81 billion) in spending. Tourism contributed 4.9% of GDP, created 1.03 million jobs, and saw women account for 47% of Saudi tourism employment.
Saudi Arabia has signed a series of housing, construction and technology agreements worth SAR1.9 billion ($507 million) with Chinese partners, including China State Construction Engineering, as the kingdom deepens cooperation with China in support of its Vision 2030 transformation programme.
Havelock One, a leading interior fit-out contractor in the region, has announced that it has been signed up as the front-of-house fit-out contractor for The Avenues - Khobar, an ambitious mixed-use development coming up on a 820,000 sq m area in the Eastern Province of Saudi Arabia.
Riyadh Air, Saudi Arabia’s new national carrier, has joined the International Air Transport Association (IATA) following the launch of its inaugural flights to London and Jeddah, marking a milestone in its global expansion strategy.
King Salman Energy Park (SPARK) has signed an agreement with Pan Kingdom Real Estate to develop an integrated industrial complex comprising 168 ready-built industrial units across 214,000 sq m area within the mega development in the Eastern Province of Saudi Arabia.
Yanbu Industrial City, one of Saudi Arabia's leading industrial and economic centres, is now home to 158 operational factories and industrial facilities.
Dar Global, the London-listed luxury real estate developer, is marking its fifth anniversary following a period of rapid international expansion that has transformed the company into a $23 billion global real estate platform serving investors from more than 125 nationalities.
