Royal Commission for Riyadh City (RCRC) is gearing up to launch a major urban cooling project in the Saudi capital that aims to reduce temperatures on roads, walls and other urban surfaces by up to 15°C, said a report. Top Greek consulting firm Planet has been signed up as the lead consultant for the project.
Saudia, the national flag carrier of Saudi Arabia, continues its fleet expansion through ongoing planned deliveries of 12 new aircraft throughout 2026, reinforcing its long-term transformation strategy focused on growth, operational efficiency, and enhanced global connectivity.
HSBC has been appointed as an International Primary Dealer by the Saudi Ministry of Finance and National Debt Management Center (NDMC), enabling the global bank to act as an intermediary between foreign investors and Saudi Arabia’s local government debt instruments.
ROSHN Group, Saudi Arabia’s leading multi-asset class real estate developer and a PIF company, has launched the ROSHN Foundation, a non-profit entity dedicated to operating and managing and developing sustainable services and public amenities.
Chapman Freeborn, part of Avia Solutions Group, completed a time-critical charter moving 90 tonnes of oilfield equipment from China to Saudi Arabia, including pumps and oversized parts up to 8 metres, using a Boeing 747 freighter.
Saudi Arabia's Eastern Region Municipality has inaugurated Al-Khobar Terrace, a landmark waterfront development project, which aims to enhance Al-Khobar’s position as a leading tourism and entertainment destination.
The Saudi Authority for Industrial Cities and Technology Zones (MODON) recorded strong performance in 2025, attracting a total investment of approximately SAR30 billion ($8 billion), a 25% growth over the previous year.
Aramco and IBM announced their intended collaboration on opportunities to advance AI, agentic AI, automation, material science and other mutually agreed domains in the industrial sector.
Saudi Arabia launched the second gateway of the Makkah Route Initiative in Morocco at the initiative’s hall at Rabat-Salé International Airport. The Makkah Route Initiative aims to provide high-quality services to pilgrims from beneficiary countries travelling to the Kingdom.
Airports Cluster 2, operating 22 Saudi airports, reported strong Q1 2026 growth. Passenger numbers reached nearly five million, up 7% year-on-year, while flights exceeded 37,000, marking a 9% increase.
