Saudi Industry Minister Inaugurates First Edition of GEOMIN 2025 in Jeddah

Saudi Minister of Industry and Mineral Resources Bandar Alkhorayef, Chairman of the Board of Directors of the Saudi Geological Survey (SGS), inaugurated on Sunday the first edition of the GEOMIN 2025 Symposium. Organized by SGS in cooperation with...

Saudi Arabia Expands Support in Yemen with New Health, Women’s Empowerment Initiatives

Saudi Arabia, through its King Salman Humanitarian Aid and Relief Center (KSrelief), continues to expand its humanitarian and development programs across Yemen, focusing on improving living conditions for vulnerable groups and promoting economic...

Saudi Arabia’s Digital and Green Economy Strategy for Resilient Growth

The world’s largest oil exporter is betting its future on the very technologies that could make its primary export obsolete. The Vision 2030 Paradox Saudi Arabia finds itself at a crossroads that would have seemed impossible just a decade ago. The...

Saudi Arabia’s Midad Energy, Sonatrach Sign $5.4 Bln Illizi Basin Exploration and Development Deal 

Algeria's state-owned energy company Sonatrach said on Monday it signed a contract worth around $5.4 billion with Saudi Arabia's Midad Energy for oil and gas exploration and development in Algeria's Illizi Basin. The production-sharing contract...

Saudi Aramco CEO Declares the Energy Transition a Failure as Oil Demand Surges

The energy transition has failed to live up to its promise, and now the pendulum is swinging back to traditional energy, according to a statement by the chief executive of Saudi Aramco, quoted by Zawya. Speaking at the Energy Intelligence Forum in...

Saudi foreign minister meets US President Donald Trump during Gaza peace summit in Egypt

Prince Faisal bin Farhan also holds talks with Egyptian President Abdel Fattah El-Sisi, as leaders from the around world gather to discuss US-led peace plan It comes as Hamas hands over the remaining 20 living hostages taken on Oct. 7, 2023, and...

Saudi Aramco, NVIDIA Collaborate on Quantum Computing 

Samsung Electronics on Tuesday said it expects its biggest quarterly profit in over three years, as the global race to boost production of AI chips has tightened supply and driven up prices of conventional memory chips, the tech giant's mainstay....

Saudi: Mawarid Manpower announces new key appointments

Riyadh – Mawarid Manpower Company appointed new Chairman and Vice Chairman for a new term that commenced on 11 October 2025 and ending on 10 October 2028. Ahmed Mohammed Al Rukban was announced as a new Chairman, while Abdullah Ibrahim Al Omaier...

Saudi Arabia's Midad Energy signs $5.4bn Algeria hydrocarbons deal

Algeria's Sonatrach and Saudi company Midad Energy North Africa have signed a production-sharing hydrocarbon contract for the exploration and exploitation of hydrocarbons on the contractual perimeter of Illizi South, located nearly 100 km south of...

No more ‘Kafeel’ needed as Saudi Arabia issues update on visas [Check Fees]

Saudi Arabia has issued a major update for its Premium Residency scheme, outlining the revised fees, benefits, and application procedures for foreign citizens looking to live and work in the Kingdom without a Kafeel or sponsor. The initiative...

Producer Erik Feig to Launch New Studio With $1 Billion Backing from Saudi Arabia, Japan

Erik Feig, the former Lionsgate co-president and current CEO of Picturestart, is embarking on a new business venture with the help of Saudi Arabia and Japan. According to a new report from Puck, the film producer is set to launch a new independent...

Mitsubishi achieves key milestone in Saudi Arabia with first JAC gas turbine

Mitsubishi Power, a power solutions brand of Mitsubishi Heavy Industries Limited (MHI), marked a major milestone in its six-decades long partnership with Saudi Arabia, with the inauguration of its first-ever JAC gas turbine assembled in the...

MP Raises Concern as Kenyan Stuck in Saudi Arabia Over Sickness

Kesses MP Julius Rutto has raised an alarm over another Kenyan woman stuck in Saudi Arabia despite needing immediate medical attention back home. In a letter penned to the Principal Secretary for Diaspora Affairs, Roseline Njogu, on October 13,...

Double win for Saudi Pavilion at Expo 2025 Osaka with Dragons of Asia awards

Arab News Japan Saudi Arabia’s Pavilion at Expo 2025 Osaka on Monday won two awards at the Dragons of Asia awards in Malaysia’s Kuala Lampur. It won the Blue Dragon for Best Campaign in Japan and the Gold Dragon for Brand Building and/or...

$1.8bln power link between Egypt and Saudi Arabia 95% complete: Report

Egypt has completed 95 percent of its $1.8 billion electricity interconnection project with Saudi Arabia, with the first phase set to be operational by year-end or early 2026, according to a media report. The work includes the construction of 862...

KEC International secures transmission line order worth Rs 1,064 crore in Saudi Arabia

KEC International Ltd., a leading global infrastructure EPC company and part of the RPG Group, has won a significant order worth Rs 1,064 crore for the design, supply, and installation of a 380 kV transmission line in Saudi Arabia. Commenting on...

Bahrain Economists Society and Keypoint Host a Session on Corporate Taxes: Lessons from Saudi Arabia and the UAE

AB TDT | Manama Email: mail@newsofbahrain.com The Bahrain Economists Society, in collaboration with Keypoint, hosted an insightful session on “Corporate Taxes: Lessons from Saudi Arabia and the UAE” on October 12, 2025. The event brought together...

Algeria signs $5.4bn oil and gas deal with Saudi firm Midad Energy

Algeria's state-owned energy company Sonatrach said on Monday it signed a contract worth around $5.4 billion with Saudi Arabia's Midad Energy for oil and gas exploration and development in Algeria's Illizi Basin. The production-sharing contract...

KEC wins Rs 1,064 cr Saudi order

Synopsis KEC International has landed a significant Rs 1,064 crore contract in Saudi Arabia for a 380 kV transmission line. This latest win, part of a strong Middle East performance, boosts the company's international transmission and distribution...

AI, digital payments drive Saudi Arabia’s e-commerce growth

Homepage > News > Business > AI, digital payments drive Saudi Arabia’s e-commerce growth A new report by market research firm IMARC has revealed that Saudi Arabia’s e-commerce industry is poised for rapid growth in the coming years, driven by...