The “Abha Walk” project on King Fahd Road in Abha, a key urban development supporting economic activity and tourism in the Aseer Region, is progressing through construction phases.
One of the key investment areas under Saudi Public Investment fund's new 2026-2030 strategy is the Advanced Manufacturing and Innovation ecosystem.
Saudi Public Investment Fund's (PIF) tourism, travel, and entertainment ecosystem aims to capitalise on the growing Saudi tourism industry by developing strategic assets that generate reliable returns, improving air‑connectivity and leveraging world‑class events to attract visitors.
Saudi Arabia's Public Investment Fund (PIF) Governor Yasir Al-Rumayyan said NEOM projects are presently being restructured to achieve higher economic efficiency and long‑term financial sustainability.
Saudi Arabia's Public Investment Fund (PIF) has approved its 2026-2030 strategy which focuses on transforming PIF’s portfolio of 13 strategic sectors into six integrated economic ecosystems, strengthening the linkages among them and creating a broader spectrum of partnership and investment opportunities for the private sector.
Saipem secured two offshore EPCI contracts from Aramco in Saudi Arabia for Safaniya field water injection platforms, wellheads, pipelines, and cables, using regional vessels and local fabrication at its Saudi yard to support industrial development.
Sharakat, a leading entity in the water sector in Saudi Arabia, has announced that work is in full swing on its Al Haer Independent Sewage Treatment Plant (ISTP), being set up at an investment of SAR1.8 billion ($479 million), in Riyadh, and is on track for commercial operations by the end of this year.
Saudi Arabia-based Musanadah Facilities Management has appointed Brad Robbins as its new Business Development Director, strengthening the company’s leadership team as it accelerates growth across the kingdom’s expanding integrated facilities management sector.
Lenovo opened its regional headquarters for the Middle East, Türkiye, and Africa in Riyadh on Sunday, marking a significant step in the Kingdom’s efforts to strengthen its position as a regional hub for global companies in line with the objectives of Saudi Vision 2030.
Saudi Arabia's Ministry of Commerce has announced the recall of 33,250 vehicles from Toyota and Lexus, covering various models, due to a programming defect in the electronic parking assistance control unit.
