Saudi Arabia

Construction & Real Estate

Southern Province Cement plant in Jazan set for 2026 commercial operations

Sun, 04 Jan 2026

Southern Province Cement has announced that steady progress is being made on its new cement plant in the Saudi city of Jazan with work on most phases of the clinker production line already completed. The commercial operations are set to begin later this year.

Finance & Capital Market

Saudi service exports soars to $15.5bn in Q3, says report

Sat, 03 Jan 2026

Saudi Arabia’s service exports totaled SAR58.2 billion ($15.5 billion) during the third quarter of 2025, mainly led by the travel services sector with the lion’s share of SAR33.8 billion ($9 billion), followed by the transport services sector, said a report.

Construction & Real Estate

Huge boost to PPP under new Saudi National Privatization Strategy

Thu, 29 Jan 2026

Saudi Arabia has launched a new National Privatization Strategy to significantly expand the role of public-private partnerships (PPPs) in delivering and operating large-scale projects and advancing economic diversification in line with Saudi Vision 2030.

Construction & Real Estate

Saudi Modon picks WSP to develop its carbon neutrality strategy

Thu, 29 Jan 2026

Global engineering and professional services firm WSP has announced that it has signed an agreement with Saudi Authority for Industrial Cities and Technology Zones (Modon) to develop its carbon neutrality strategy, a defining step towards achieving net-zero across its industrial cities, in alignment with Saudi Arabia’s national climate ambitions.

Travel, Tourism & Hospitality

Saudi Arabia’s air passenger numbers top 140m in 2025

Thu, 29 Jan 2026

Saudi Arabia’s civil aviation sector achieved exceptional growth in 2025, setting record figures in air traffic statistics. The number of passengers exceeded 140 million, up about 9%.

INTERNATIONAL NEWS

Saudi Arabia says won't allow airspace to be used in action against Iran

Wed, 28 Jan 2026

Saudi Arabia will not allow its airspace or territory to be used for military actions against Iran, His Royal Highness Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince and Prime Minister, told Iranian President Masoud Pezeshkian in a phone call on Tuesday, state news agency SPA reported.

Travel, Tourism & Hospitality

UAE, Saudi Arabia among largest wellness markets: GWI

Wed, 28 Jan 2026

The Global Wellness Institute reports that the largest wellness markets and standout five-year growth leaders include the UAE, Saudi Arabia, India, Mexico, Poland, the UK, the Netherlands, Canada, the US, and Australia, according to its annual Country Rankings report covering wellness data from 145 countries worldwide.

Miscellaneous

Saudi Arabia mulls expansion of premium residency scheme: Reuters

Wed, 28 Jan 2026

Saudi Arabia is drafting plans to expand its premium residency programme to a wider group of high-value individuals, including superyacht owners, buyers of homes in flagship Vision 2030 developments and top-performing students, Reuters said quoting a person with direct knowledge of the matter.

Retail & Wholesale

IKEA Saudi Arabia and Bahrain signs deal with HITEK AI to deploy HSSE digital platform

Wed, 28 Jan 2026

Middle East-based HITEK AI, a part of the Farnek group of companies, has signed a three-year SAFETEK Services Agreement with Ghassan Ahmed Al Sulaiman Furniture Trading Co (IKEA Saudi Arabia and Bahrain), marking a major step in IKEA’s commitment to elevating Health, Safety, Security, and Environmental (HSSE) governance.

Energy, Oil & Gas

Saudi Arabia issues 201 new mining licences in December

Wed, 28 Jan 2026

Saudi Arabia has announced that its Ministry of Industry and Mineral Resources had issued a total of 201 new mining licences in December last year. These included 159 for exploration, 20 for small-scale mining and 18 for the building materials quarries, said a report.