Saudi Arabia strategic Projects: news, discussions & updates

Startup wrap — Saudi Arabia leads MENA investments in July​



AI factories will power Saudi Arabia’s next phase of digital transformation, NVIDIA says​



Saudia tops global airline punctuality rankings for third consecutive time​



Saudi Arabia’s Business Confidence Index holds steady at 56.5 in July: GASTAT​



Maaden revenue increases on higher commodity prices​

By


Pramod Kumar
August 10, 2026 10:37 AM

Maaden said net profit was up 10% in the first half of 2026
Maaden said net profit was up 10% in the first half of 2026Copyright:SPA
Saudi mining company Maaden reported strong revenue growth in the second quarter of 2026, driven by higher commodity prices and increased gold and aluminium sales volumes.

The topline grew 16 percent year on year to SAR11 billion ($3 billion) in the quarter ended June 30, 2026, despite lower sales of phosphates.

Half-yearly revenue was up 10 percent, the company said in a statement to the Saudi stock exchange.

Aluminium prices surged 51 percent, gold increased 33 percent, while ammonia jumped 135 percent in the second quarter year on year.


Regional HQ push helps Saudi office market defy war impact​



Aramco profits surge in face of mounting risks to exports​

By Francesca Washtell and Edmund Bower
August 4, 2026 4:33 PM


Major bank forecasts stronger Saudi economy in Q3 as business activity gathers pace​

Standard Chartered forecasts stronger Saudi business activity in the third quarter as domestic demand, investment and trade support economic growth

Will Milner Tue 7 Jul 2026


Saudi Arabia’s non-oil economy surges as tourism spending reaches $81bn​

Saudi Arabia’s non-oil economy accelerated in late June as tourism spending reached $81bn, exports grew and Vision 2030 reforms gained momentum

Will Milner Wed 1 Jul 2026


Saudi Arabia ranks first at International Nuclear Science Olympiad as students claim gold medals​


 
More great news:

Saudi FDI surges 12% to SR1.123 trillion by end of Q1 2026​

The stock of foreign direct investment in the Saudi economy accounted for approximately 32 percent of total foreign investment in the Kingdom, according to the data released by the Saudi Central Bank
The stock of foreign direct investment in the Saudi economy accounted for approximately 32 percent of total foreign investment in the Kingdom, according to the data released by the Saudi Central Bank

August 10, 2026 | 06:29 PM
Saudi Gazette report
Last Updated: August 10, 2026 | 06:29 PM

RIYADH — The stock of foreign direct investment (FDI) in the Saudi economy reached approximately SR1,122.8 billion by the end of the first quarter of 2026, marking a 12 percent increase compared to the same period in 2025.

The stock of FDI in the Saudi economy accounted for approximately 32 percent of total foreign investment in the Kingdom, according to the data released by the Saudi Central Bank (SAMA).

The report showed that the stock of foreign investment in the Saudi economy rose to SR3,530.8 billion by the end of the first quarter of 2026, representing an 18% increase compared to the same period last year. Foreign investments are distributed across foreign direct investment (FDI) and portfolio investments, which comprise equity, investment fund shares, and debt securities, totaling SR1,467.3 billion, as well as other investments valued at SR940.7 billion.

Foreign direct investment is defined as investment that reflects a long-term relationship and an ongoing interest of economic entities based in an economy other than the one in which they are investing. This means that the foreign investor owns 10 percent or more of the shareholders' equity.


Saudi Arabia registers 9,586 new urban heritage assets, bringing total to 59,586​

(Heritage Commission)
(Heritage Commission)

August 10, 2026 | 02:24 PM
Saudi Gazette
Last Updated: August 10, 2026 | 03:24 PM

RIYADH — The Heritage Commission has added 9,586 architectural heritage assets to the National Register of Urban Heritage across various regions of Saudi Arabia, bringing the total number of registered assets to 59,586.

Asir recorded the largest number of newly registered assets at 4,363, bringing its total to 25,110.

Al-Baha followed with 2,547 new registrations, raising its total to 7,820, while Makkah recorded 1,755 new assets, bringing the total there to 7,786.

Najran added 673 assets, bringing its total to 1,610, while Riyadh recorded 169 new registrations for a total of 6,072.

Madinah added 23 assets, bringing its total to 4,003, while Hail recorded 21 new assets for a total of 2,403.

The Eastern Province added 19 assets, raising its total to 1,154, while Qassim recorded 13 new assets for a total of 2,364.

Tabuk added two assets, bringing its total to 198, while the Northern Borders Region recorded one new asset, raising its total to 111.

The commission also registered a total of 457 architectural heritage assets in Al-Jouf and a total of 498 in Jazan.


Saudi business sector surges with 46,900 new companies in 1H 2026​



AI adoption more than doubles in Saudi Arabia, reaching 45.2% of internet users​



PIF-led consortium completes acquisition of EA in landmark gaming deal​


PIF-led consortium completes acquisition of EA in landmark gaming deal

 

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