Minister of Transport Underscores Private Sector’s Role in Advancing Transport and Logistics
Minister of Transport and Logistic Services Saleh Al-Jasser emphasized the private sector’s pivotal role in the transport and logistics ecosystem, highlighting its expanding contributions. He noted that 80% of investment targets in the sector are expected to be met through various partnership models. Speaking at a panel discussion titled “Ministerial Vision on Government Support and […]
‘Saudia’ Expands Flight Network with Over 10 New Destinations in 2025
Saudi Airlines (Saudia) has announced the addition of more than ten new destinations to its flight network for 2025, including Vienna, Venice, Larnaca, Athens, Heraklion , Nice, Malacca, Bali, Antalya, El Alamein, and Salalah. The expansion comes in response to increased international travel demand, with a 16% growth in passenger transport last year. Saudia Group’s […]
Investment Minister: Nearly 600 Global Companies Choose Saudi Arabia as Regional Headquarters, Investments Double to SAR 1.2 Trillion
Minister of Investment Eng. Khalid Al-Falih announced that the number of global companies establishing their regional headquarters in Saudi Arabia has risen to nearly 600. He noted that the number of registered investment licenses surged from 4,000 in 2018 and 2019 to 40,000 currently, while total investments have doubled to SAR 1.2 trillion, accounting for […]
Economy Minister Meets with UAE Counterpart
Minister of Economy and Planning Faisal Alibrahim met with Minister of Economy of the United Arab Emirates Abdulla Bin Touq during the World Government Summit (WGS) in Dubai. During the meeting, the two ministers discussed ongoing cooperation across various sectors, as well as the latest regional and global economic developments of mutual interest. […]
Saudi Arabia bets on flying taxis and autonomous vehicles to transform mobility
Saudi Arabia is positioning itself at the forefront of mobility innovation, with industry leaders highlighting the potential of flying taxis and autonomous vehicles at the LEAP conference in Riyadh. FlyNow, a developer of electric aviation solutions, is preparing to roll out a modular system of electric helicopters to transport goods and passengers, according to co-founder […]
US Chamber of Commerce official discusses US-Saudi collaboration on AI policy
As Saudi Arabia accelerates its adoption of artificial intelligence, a strong regulatory framework is emerging as a key driver of US-Saudi collaboration. In an exclusive interview with Arab News on the sidelines of the LEAP 2025 technology conference, Steve Lutes, vice president for Middle East affairs at the US Chamber of Commerce, stressed the importance […]
Manufacturing sector drives Saudi industrial growth to 2.1% in December
Saudi Arabia’s Industrial Production Index recorded a 2.1 percent annual increase in December, driven by a rise in manufacturing activity and waste management services, according to recent data. Figures from the General Authority for Statistics show that non-oil activities expanded by 4 percent year on year, reflecting growth across most sectors except for electricity and […]
Saudi crown prince meets president of International Olympic Committee
Crown Prince Mohammed bin Salman met Thomas Bach, president of the International Olympic Committee, at Al-Yamama Palace in Riyadh on Sunday. During the meeting, they discussed the cooperation between Saudi Arabia and the IOC and ways to develop the Olympic Games domestically and globally, the Saudi Press Agency reported. Prince Abdulaziz bin Turki Al-Faisal, the […]
Saudi PIF’s Alat and Lenovo break ground on new 200k sq. meter facility in Riyadh
Saudi Arabia’s Public Investment Fund’s Alat and Chinese tech giant Lenovo have officially broken ground on a new manufacturing hub in Riyadh, marking a key milestone in their $2 billion strategic partnership. In an interview with Arab News on the sidelines of the LEAP 2025 Tech Conference in Riyadh — being held from Feb. 9–12, […]
Pakistan aims for stronger trade ties with Saudi Arabia, says commerce minister
Pakistan is seeking to expand its trade ties with Saudi Arabia, aiming for a larger share of the $5.5 billion bilateral trade market by diversifying exports beyond traditional commodities, a senior minister said. Speaking to Arab News at the conclusion of Pakistan’s first solo ‘Made in Pakistan’ exhibition and business forum in Jeddah, federal commerce […]