Browsing: Business

Davos, January 18, 2026, SPA — The Kingdom of Saudi Arabia will participate in the World Economic Forum (WEF) Annual Meeting 2026 in Davos, Switzerland, through the “Saudi House” pavilion initiative from January 19 to 23, with an expanded program – the largest since the launch of the initiative. The pavilion, organized by the Ministry of Economy and Planning, will host a distinguished group of senior officials, executives, investors, and international experts across more than 20 discussion and dialogue sessions. These sessions will address the most pressing global challenges, explore ways to strengthen international coope

Riyadh, January 18, 2026, SPA — Saudi Arabia ranked second globally and first in the Arab world among donor countries for humanitarian aid in 2025, leading in contributions to Yemen with 49.3% of total aid and ranking second for aid to Syria, according to the United Nations Financial Tracking Service. A recently released 2024 report on development assistance indicates that the Kingdom ranks second among 16 non-member donor countries and tenth globally in aid volume among all 48 donor countries, including both members and non-members. Advisor at the Royal Court and Supervisor General of the King Salman Humanitarian Aid and Relief Centre

Riyadh, January 19, 2026, SPA — At the heart of the intellectual momentum witnessed at the Saudi Media Forum 2026, a new formulation of media’s role emerges – one that goes beyond transmitting news to shaping the features of the future. Visions converge in two panel discussions around a media industry that uplifts societies economically and integrates with people and place in a unique thematic unity. This journey begins with empowering comprehensive development and creating opportunities, and extends to building a national identity linked to urban planning and tourism investment. Media work here becomes an integrative mission that blen

Jeddah, January 19, 2026, SPA — The Saudi national team secured first place in the overall standings of the West Asia Modern Pentathlon Championship, which concluded at King Abdulaziz University in Jeddah, winning a total of 128 medals (42 gold, 43 silver, and 43 bronze). The Lebanon national team placed second with five medals (two gold, two silver, and one bronze), while the Syria national team finished third with two silver medals. The championship featured 80 male and female athletes competing in swimming, running, and shooting across various age groups, ranging from under nine to over 35. The competitions were overseen by 35 Saudi te

Riyadh, January 19, 2026, SPA — President of the General Court of Audit (GCA) Dr. Hussam Alangari attended on Sunday evening the closing ceremony of the second edition of the Innovation in Accounting Forum (IAF 2025) for Students, organized by the Saudi Center for Financial and Performance Auditing (SCFPA) at the GCA. It ran from December 15, 2025, to January 18, 2026, to support and empower national talent in accounting and auditing. The second edition featured two main tracks—Knowledge Development and Innovative Challenges—and included six specialized sub-tracks: Studies, Solutions, Data, Empowerment, Simulation, and Career

A 5,000 sqm facility, designed to deliver the end-to-end customer journey in one place Led by Arabian Heritage Motors under Al Ghurair Mobility, the partnership strengthens long-term operations in Saudi Arabia Riyadh, Kingdom of Saudi Arabia – 18 January 2026: Arabian Heritage Motors by Al Ghurair has opened the largest EXEED showroom in the world in Riyadh. The new site brings together sales, after-sales services, and customer engagement into a single, seamless experience, strengthening long-term operations in the Kingdom of Saudi Arabia. The launch was announced during a launch event hosted in Riyadh recently, attended by John

Riyadh, Saudi Arabia, 19 January 2026 — AJEX, the Saudi-headquartered partner of DHL eCommerce, has announced a new partnership agreement with Al-Arrab Academy, the Saudi-based football training academy dedicated to youth development and sportsmanship. Building on a partnership first established in 2025, the latest agreement will see AJEX serve as the official sponsor of the Academy’s upcoming football league in Riyadh, reinforcing the company’s ongoing commitment to community engagement and youth empowerment across the Kingdom. Set to commence on 22 January at Al Mutawa Park Stadium, the ‘AJEX Academies League’ will

Riyadh, January 16, 2026, SPA — Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud has approved the awarding of the King Abdulaziz Medal (Third Class) to 200 male and female citizens in recognition of their vital organ donations, whether from living or brain-dead donors.

Riyadh, January 16, 2026, SPA — His Royal Highness Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince and Prime Minister, sent a cable of congratulations to Czech Prime Minister Andrej Babiš on the formation of the new government under his leadership and its winning the confidence of Parliament. HRH the Crown Prince expressed his sincere congratulations and best wishes for success to the Czech Prime Minister, wishing the friendly people of the Czech Republic continued progress and prosperity.

Riyadh, January 15, 2026, SPA — His Royal Highness Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince and Prime Minister, received a written message from Sultan Haitham bin Tarik of the Sultanate of Oman concerning relations between the two brotherly countries. The message was received by Vice Minister of Foreign Affairs Waleed Elkhereiji during his meeting today in Riyadh with Ambassador of the Sultanate of Oman to the Kingdom of Saudi Arabia Najib Al-Busaidi. During the meeting, they reviewed relations and ways to enhance them in various fields, and discussed topics of mutual interest.