Browsing: Development

Riyadh, April 10, 2026, SPA — The ministers responsible for tourism in the Gulf Cooperation Council (GCC) states held an extraordinary meeting via videoconference on April 7, 2026, to monitor the latest developments in the region and review their potential implications for the tourism sector across the council states. The ministers of the GCC states reiterated their condemnation, in the strongest possible terms, of the unjustified and illegal Iranian aggressions that have deliberately targeted civilian infrastructure, including ports, airports, energy facilities, desalination plants, residential and commercial areas, and tourism facilitie

Rafha, April 08, 2026, SPA — Historic Linah continues to strengthen its renewed presence in Northern Borders Region by reshaping its aesthetic landscape. This transformation is rooted in evoking its cultural and architectural heritage and aligning it with modern development goals, reflecting the area’s identity and enhancing its appeal as a tourist destination. Linah is witnessing rapid development efforts aimed at highlighting its unique historical character. These include enhancements to public spaces, the development of facilities and services, and the preparation of heritage sites to preserve their authenticity. The projects

Riyadh, April 3, 2026, SPA — Eight Saudi cities made a notable showing in the IMD Smart City Index 2026, published by the International Institute for Management Development (IMD). The result reflects faster development and improving quality of life across the Kingdom’s cities, in line with Saudi Vision 2030. Riyadh advanced to 24th globally from 27th. Makkah ranked 50th, Jeddah 55th, Madinah 67th, and Al-Khobar 64th. AlUla recorded a significant leap, climbing from 112th to 85th. The result points to the rapid progress of its development and tourism projects. The index also listed Hail and Hafar Al-Batin Governorate for the fi

Cannes, March 14, 2026, SPA — Saudi Arabia concluded its participation in MIPIM in Cannes, France, under the “Invest Saudi” umbrella, with support from the Saudi Investment Promotion Authority (SIPA). During the event, the Kingdom’s investment ecosystem showcased promising opportunities in the real estate sector, which is undergoing rapid transformation and growing attractiveness for investors. This reflects Saudi Arabia’s rising position as a global investment destination, supported by regulatory and legislative reforms, including a system that allows non-Saudis to own real estate. The Saudi pavilion featured seve

Riyadh, March 02, 2026, SPA — The Kingdom of Saudi Arabia will host the Middle East edition of the “BIO / CPHI” Biotechnology and Pharmaceutical Development Forum in Riyadh under the patronage of the Ministry of Health and organized by Tahaluf Company from May 11 to 13, at Riyadh Convention and Exhibition Center in Malham. Hosting the forum underscores the growing international confidence in the Saudi healthcare sector’s investment and regulatory environment and highlights the Kingdom’s readiness to lead regional transformation in biotechnology and pharmaceutical development. The event aligns with the objectives of

Riyadh, March 02, 2026, SPA — The Saudi Green Building Forum (SGBF) has strengthened its international presence in the fields of science, technology, and innovation by announcing its participation in the 29th session of the United Nations Commission on Science and Technology for Development (CSTD). The CSTD secretariat has been hosted by the United Nations Conference on Trade and Development (UNCTAD) since 1993, following the approval of SGBF’s participation in CSTD’s work in an advisory capacity. The CSTD will convene its sessions from April 20 to 24, 2026, in the Assembly Hall at the Palais des Nationsin Geneva, Switzerland,

Riyadh, February 17, 2026, SPA — Minister of Environment, Water and Agriculture and Chairman of the Board of Directors of the National Livestock and Fisheries Development Program Abdulrahman Alfadley sponsored the signing of a memorandum of understanding yesterday between the program and the French company Ceva. A number of senior officials attended. The memorandum focuses on localizing vaccine manufacturing, transferring technology and technical expertise, and expanding the industrial and commercial production of veterinary vaccines across all regions of the Kingdom. Under the memorandum, the two sides will work to achieve high effici

AlUla, February 08, 2026, SPA — Islamic Development Bank (IsDB) Group President Dr. Muhammad Al-Jasser and Uzbekistan’s Deputy Prime Minister and Minister of Economy and Finance Jamshid Kuchkarov signed financing agreements to support key infrastructure and social development projects on the sidelines of the Second AlUla Conference on Emerging Market Economies. The two sides also held talks to expand cooperation between the IsDB and Uzbekistan, focusing on accelerating high-impact initiatives aligned with Uzbekistan’s national development priorities. The first agreement covers a $70 million phase of the IsDB’s total $192

Riyadh, February 09, 2026, SPA — Minister of Industry and Mineral Resources Bandar Alkhorayef inaugurated the ministry’s pavilion at the third edition of the World Defense Show 2026 yesterday. The event, held in Riyadh from February 8 to 12, showcases the Kingdom’s integrated industrial and mining ecosystem. The pavilion, led by the Ministry of Industry and Mineral Resources, features the participation of key sector entities, including the Royal Commission for Jubail and Yanbu, the Saudi Export Development Authority, the Saudi Export-Import Bank, the Saudi Geological Survey, the Saudi Industrial Development Fund, the National In

Jeddah, February 4, 2026, SPA — Islamic Development Bank (IsDB) Group Chairman Dr. Muhammad Al Jasser met yesterday in Jeddah with Djiboutian Minister of Economy and Finance Ilyas Moussa Dawaleh. The meeting focused on strengthening the strategic partnership and initial measures aligned with Djibouti’s national economic and investment development agenda, as well as discussing future cooperation, including preparations for a participation framework with the scheduled countries in 2027. Dr. Al Jasser affirmed IsDB’s commitment to supporting the health sector, urban development, food security, and inclusive and sustainable gro