KEC International bags ₹1,064-cr order to set up transmission line in Saudi Arabia

KEC International is a global infrastructure engineering, procurement and construction major.Infrastructure major KEC International on Tuesday said it has secured a new order worth ₹1,064 crore for setting up a transmission line in Saudi Arabia....

Saudi Riyal to PKR rate today – 14 October open market rate

KARACHI – Saudi Riyal slightly strengthened against Pakistani rupee in open market on Tuesday. The buying rate of Saudi Riyal stood at Rs75.4. However, the selling rate hovered at Rs76.05. The SAR to PKR exchange rate holds great significance for...

Erik Feig Launches New Production Banner With Major Saudi Backing

Erik Feig is launching an indie production banner, Arena SNK Studios, to expand the Hollywood producer’s reach in movies, TV, gaming and live events. Feig’s company says it has secured around $1 billion in financing backing for the new venture,...

Saudi Low-Cost Airline Announces Flights to Another Pakistani City

Saudi Arabia’s low-cost airline flyadeal is set to launch twice-weekly flights between Riyadh and Lahore starting October 27, marking its fifth destination in Pakistan within just three months as the carrier accelerates its growth in South Asia. A...

L&T lands $563mln grid infrastructure projects in Saudi Arabia, UAE

Leading Indian construction conglomerate Larsen & Toubro (L&T) has announced that its key Power Transmission & Distribution (PT&D) vertical has secured grid infrastructure orders ((valued between Rs25 billion to Rs50 billion ($282 million to $563...

Saudi Arabia ends ‘Kafeel’ requirement in latest visa update for October 2025

In an effort to attract skilled expatriates and investors, Saudi Arabia has introduced significant updates to its Premium Residency scheme, effective from October 2025. The program provides foreign nationals with the freedom to live, work, and run...

Saudi Arabia's Debt Surge: Cementing Reliance On International Funding

Authored by Nick Smallwood via BondVigilantes.com, The increasing liquidity squeeze in the Kingdom of Saudi Arabia’s (KSA) financial system has been causing heightened levels of debate for some time. A growing economy and the financial demands of...

Saudi reports sharp rise in mining spending

Saudi Arabia has sharply boosted mining exploration and surveying spending in its mineral-rich western flank, an official has said. The Gulf Kingdom, which is locked in a drive to diversify its oil-reliant economy, has nearly quadrupled spending...

Saudi Arabia: ROSHN Group, Ministry of Municipalities and Housing to promote innovation in real estate

ROSHN Group, a subsidiary of the Public Investment Fund (PIF), has signed a strategic memorandum of cooperation with the Ministry of Municipalities and Housing, represented by the ministry's Agency for Housing Supply Stimulus and Real Estate...

Qatar and Saudi Arabia secure World Cup spots in 4th round of Asian qualifying

Poll By Canadian Press on October 14, 2025. Qatar and Saudi Arabia secured places at next year’s World Cup on Tuesday after topping the two groups in the fourth round of Asian qualifying. Qatar edged United Arab Emirates 2-1 in Doha and Saudi...

Madbouly urges completion of Egypt-Saudi power link’s second phase by April 2026

Egyptian Prime Minister Mostafa Madbouly on Tuesday urged that the second phase of the Egypt-Saudi Arabia electricity interconnection project be completed so that both phases are ready for operation by April 2026. His comments came during a field...

The Red Sea EDITION Opens as the First Hotel on Shura Island, Pioneering a New Era of Hospitality in Saudi Arabia

Set along the white sand of Shura Island on Saudi Arabia's western coastline, EDITION reveals its second property in the country with the opening of The Red Sea EDITION, following its debut in Jeddah last year. Synonymous with redefining the codes...

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 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 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...

2026 Hajj: NAHCON briefs Saudi on preparations, gives update on air carriers appointment 

The National Hajj Commission of Nigeria has informed the Saudi authorities that the process of appointing air carriers for the 2026 operation is in its final stages. NAHCON Chairman and Chief Executive Officer, Prof. Abdullahi Saleh Usman gave the...

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...

SAL Saudi Logistics Services seals agreement with Saudi Post

Saudi-based SAL Saudi Logistics Services has signed a strategic agreement with Saudi Post to enhance mail handling and transportation operations across various regions of the Kingdom. As per the agreement, SAL will provide ground handling services...

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, 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...