Riyadh Air and China’s TravelSky Technology have signed a Distribution Cooperation Agreement in Beijing, marking a key step in the Saudi carrier’s entry into the Chinese market and strengthening air connectivity between Saudi Arabia and China.
Saudi Arabia and Syria signed three Power Purchase Agreements (PPAs) for 760MW of solar projects in Rif Dimashq, supported by 1,077MWh of battery storage, alongside technical cooperation agreements with Saudi Electricity Project Development Company and Siemens Energy.
Nine wind turbines have arrived at Saudi Arabia's King Fahad Industrial Port in Yanbu for the Starah and Shaqra wind power projects. The cargo included 27 wind turbine blades, together with various supplementary turbine components and equipment needed for power generation from wind energy.
Gulf tensions remain high despite signs of diplomatic progress over the Strait of Hormuz, with Saudi Arabia warning of imminent coordinated attacks by Iran-backed militias even as Tehran and Muscat move closer to an agreement aimed at restoring commercial shipping through the strategic waterway.
Saudi Arabia, Türkiye and Pakistan have signed a landmark joint defence agreement committing the three countries to strengthen collective security and treat an armed attack against any one of them as an attack against all three.
Saudi retail and food and beverage market maintained strong momentum in H1 supported by resilient consumer spending - which hit SAR425 billion ($113 billion) - as well as low inflation and expansion of the non-oil economy, according to Knight Frank.
Saudi Arabia’s Al Henakiyah (1) Solar PV Plant, part of the Kingdom’s National Renewable Energy Programme supervised and implemented by the Ministry of Energy, has a capacity of 1,100 MW, enough to supply electricity to approximately 190,000 homes annually.
Porsche Saudi Arabia has unveiled the Sonderwunsch 911 Targa Green Roof 2.0, a bespoke creation developed through the Sonderwunsch programme, showcasing the exceptional possibilities of Porsche personalisation while celebrating the rich heritage, architecture and natural landscapes of the Kingdom of Saudi Arabia.
Boutique Group, the hospitality company fully owned by the Public Investment Fund (PIF), has unveiled the visual identity of The Red Palace, introducing the first chapter of the historic property’s story ahead of its anticipated opening.
Intech has secured a contract to provide an integrated Digital Twin-powered energy and emissions intelligence solution for a leading petrochemical producer in Saudi Arabia, supporting the company’s sustainability goals and regulatory compliance requirements.
