Browsing: Business

Riyadh, January 8, 2026, SPA — The Saudi Data and Artificial Intelligence Authority (SDAIA) received the Recognised by EFQM certificate for sustainable performance at a five-star level from the European Foundation for Quality Management (EFQM), becoming the first government entity in the Kingdom to achieve this advanced level on its first institutional performance evaluation, according to the updated version of the EFQM Model. SDAIA Strategy Management Office Chief Executive Abdullah Al-Khudairi received the certificate on Wednesday from EFQM Chief Executive Officer Russell Longmuir during his visit to SDAIA’s headquarters. The r

Riyadh, January 07, 2026, SPA — The Kingdom of Saudi Arabia marked a significant milestone in the maritime transport sector in 2025, with its national fleet recording a 32% growth rate compared to 2024. The achievement secures Saudi Arabia the second-highest growth rate globally among Group of Twenty (G20) nations. The rapid growth reflects the continuous development of the Kingdom’s maritime sector, driven by strategic regulatory initiatives, increased investment, modernized legislative frameworks, and the enhanced efficiency of national fleets. The performance marks a substantial leap from the 6.4% growth rate recorded at the b

Washington, January 8, 2026, SPA — Minister of Foreign Affairs Prince Faisal bin Farhan bin Abdullah, on an official visit to the United States, met Wednesday in Washington with U.S. Secretary of State Marco Rubio. During the meeting, the two ministers reviewed the historical and strategic bilateral relations and ways to develop them in line with their shared interests. They also discussed recent regional developments and efforts to achieve security and stability. The meeting was attended by Saudi Ambassador to the United States Princess Reema bint Bandar bin Sultan bin Abdulaziz and Advisor to the Minister of Foreign Affairs Mohammed

Jeddah, January 8, 2026, SPA — The media center at King Abdullah Sports City in Jeddah recorded strong attendance yesterday from local and international journalists covering the anticipated matches of the 2026 Spanish Super Cup, featuring four of Spain’s leading clubs, under the supervision and organization of the Ministry of Sport. The tournament opens at King Abdullah Sports City Stadium with a high-profile match between FC Barcelona and Athletic Club. Today will see a major clash between Real Madrid and Atlético de Madrid, with the competition concluding on Sunday with the final. The media center was filled with representative

LIV Golf’s 2026 season opener returns to Riyadh with world-class golf, headline concerts and family-friendly entertainment across four nights under the lights Single-day and four-day hospitality and grounds passes on sale at LIVGolf.com for ROSHN Group LIV Golf Riyadh 2026 Fans enjoy a view on the first tee while Captain Sergio Garcia of Fireballs GC hits his tee shot during the first round of LIV Golf Riyadh 2025 at Riyadh Golf Club Riyadh, Kingdom of Saudi Arabia (January 6, 2026) – ROSHN Group, Saudi Arabia’s leading multi-asset class real estate developer, has been announced as the title partner of LIV Golf’s Riy

JEDDAH, Saudi Arabia – Tuesday 6 January 2026: The Spanish Super Cup has reached a major milestone ahead of kick-off in Jeddah this week, with exceptional ticket demand underlining the Kingdom’s growing appetite for elite European football and the tournament’s expanding global profile. Four of Spain’s most iconic clubs – Barcelona, Real Madrid, Atlético Madrid and Athletic Bilbao – will contest the three-match competition at Alinma Stadium, with semi-finals taking place on 7 and 8 January and the final on Sunday 11 January 2026. Ticket sales have surged across all fixtures, with Thursday’s Atlético Madrid v Real Madrid s

Riyadh, January 06, 2026, SPA — The Capital Market Authority (CMA) announced the opening of the capital market to all categories of foreign investors and enabling them to invest directly therein as of February 1, 2026, following the CMA board’s approval of the regulatory framework allowing non-resident foreign investors to invest directly in the Main Market. Accordingly, the capital market, across all its segments, will be accessible to various categories of investors from around the world for direct participation. The approved amendments aim to expand and diversify the base of investors permitted to invest in the Main Market, thereb

Riyadh, January 7, 2026, SPA — The AlUla Tour 2026 organizing committee announced yesterday that the race has been upgraded to the UCI ProSeries second tier (2.Pro), placing it among the world’s leading professional cycling races. The event will be held in AlUla Governorate from January 27 to 31. It will be organized by the Saudi Cycling Federation in cooperation with Amaury Sport Organisation (A.S.O.) and the Royal Commission for AlUla, under the supervision of the Ministry of Sport. The announcement was made during a press conference in Riyadh attended by officials from the organizing entities. Organizers also revealed the part

Madinah, January 7, 2026, SPA — Quba Mosque in Madinah welcomed over 26 million visitors last year, highlighting its historic and spiritual significance. Throughout 2025, the mosque underwent extensive upgrades under the supervision of the Madinah Region Development Authority. New prayer areas covering 2,500 square meters were prepared, the air conditioning system was upgraded to more than 160 tons of cooling capacity, and over 150 external canopies were installed to ensure visitor comfort. The sound system was modernized with 160 speakers, and 3,000 square meters of carpeting were laid across the courtyards, creating a safe and welcom

Riyadh, January 7, 2026, SPA — Twelve elite local falconers were crowned with King Abdulaziz Cups in the Milwah Race at the King Abdulaziz Falconry Festival 2025, organized by the Saudi Falcons Club at its Malham headquarters, north of Riyadh, amid wide international participation. The elite local rounds of the cups saw the participation of 120 falcons, averaging ten falcons per round, having qualified from the preliminary rounds. This year, the festival brings together falconers from various countries, led by participants from the Gulf Cooperation Council (GCC) member states, alongside Spain, Italy, Ireland, Pakistan, and Syria, as th