Saudi Arabia

Construction & Real Estate Travel, Tourism & Hospitality

Safari Group seals Hail Airport expansion project contract

Thu, 23 Jul 2026

Saudi Arabia's Safari Group has clinched a major contract from Matarat Holding to expand Hail Airport under the Airports Cluster II programme. On completion, the airport will have spacious departures and arrivals areas as well as a new 5,600-sq-m southern extension to the existing terminal.

Finance & Capital Market

$24.5bn: Saudi Arabia accounts for 84% of Middle East dividend payouts

Thu, 23 Jul 2026

Saudi Arabia was the region's largest dividend payer, distributing an estimated $24.5 billion during the first quarter and accounting for almost 84% of all Middle East dividends, according to a new report.

Construction & Real Estate

Saudi Arabia tops global road connectivity rankings, says WEF

Thu, 23 Jul 2026

Saudi Arabia ranks first globally in the World Economic Forum's Road Connectivity Index, reflecting years of investment that have expanded the kingdom's road network to more than 73,000 km and improved connectivity across its cities and governorates.

Travel, Tourism & Hospitality

Saudi Arabia’s THC expands into business aviation with Bombardier deal

Wed, 22 Jul 2026

The Helicopter Company (THC), Saudi Arabia’s leading commercial helicopter operator, has announced its entry into the fixed-wing business aviation market by signing a letter of intent (LOI) with Bombardier for up to 60 business jets.

Miscellaneous

Senior Saudi, UAE officials reaffirm close bilateral ties

Wed, 22 Jul 2026

Senior Saudi and United Arab Emirates officials on Tuesday reaffirmed the close ties between the two Gulf nations, highlighting their shared history, deep-rooted brotherly relations and the role of their leadership in advancing regional prosperity.

Energy, Oil & Gas

Trump approves landmark nuclear cooperation deal with Saudi Arabia

Wed, 22 Jul 2026

US President Donald Trump has approved a 30-year civilian nuclear cooperation agreement with Saudi Arabia that could eventually allow the kingdom to enrich uranium for its nuclear energy programme under a modified oversight framework, CNN reported, citing two US officials and a source familiar with the matter.

Construction & Real Estate Gulf Construction EVENTS

Cityscape Global to highlight investment shift toward integrated developments

Wed, 22 Jul 2026

Saudi Arabia’s ambition to welcome 150 million annual visitors by 2030, alongside an estimated $6.3 billion in potential private global real estate investment, is accelerating demand for integrated destinations that combine hospitality, retail, leisure and residential development, says a report.

Travel, Tourism & Hospitality

Saudi Arabia partners with Vertical Aerospace to advance air mobility

Tue, 21 Jul 2026

Saudi Arabia's General Authority of Civil Aviation (GACA) has signed a memorandum of understanding (MoU) with UK-based Vertical Aerospace to support the development of the Kingdom's advanced air mobility (AAM) sector.

Travel, Tourism & Hospitality

Saudi Arabia launches one-year multiple-entry Umrah visa

Tue, 21 Jul 2026

Saudi Arabia's Ministry of Hajj and Umrah has introduced a new multiple-entry Umrah visa valid for 365 days from the date of issuance, allowing pilgrims to enter the Kingdom several times within a year.

Miscellaneous

Saudi vows forceful response as Houthis threaten shipping blockade

Tue, 21 Jul 2026

Saudi Arabia has strongly condemned Yemen's Iran-aligned Houthi movement's threat to impose a shipping blockade on Saudi Arabia in the Red Sea, opening a potentially dangerous new front in the escalating US-Iran conflict.