Forget Oil: 2 priceless treasures discovered in land of the prophet, worth Rs…

Home News Forget Oil: 2 priceless treasures discovered in land of the prophet, worth Rs… Saudi Arabia discovered massive gold and copper deposits near Medina’s Wadi Al Jaa and Jabal Shayban. Forget Oil: 2 priceless treasures discovered in land of...

Baker Hughes expands drilling pact with Saudi Aramco

Baker Hughes has won an award from Saudi Aramco to expand its integrated underbalanced coiled tubing drilling (UBCTD) operations in Saudi Arabia’s natural gas fields, the energy services contractor said Friday. As part of the multi-year deal,...

Saudi Fashion Commission Partners With White Milano to Boost Global Growth and Local Talent

NEW DEAL: Another fashion week has come to a close, this time in Riyadh, marked by significant deals and moments. The Saudi Fashion Commission announced the signing of a memorandum of understanding with The Circle Platform company’s White Milano,...

Saudi Arabia’s New Pitch to Wall Street: Less Neom, More AI

In 2017, Crown Prince Mohammed bin Salman sat alongside Steve Schwarzman and Masayoshi Son at the first iteration of Saudi Arabia’s annual financial summit to unveil a next-century city called Neom. The two billionaire investors were quick to heap...

World’s Tallest Building Construction Is Soaring Skyward: See Photos of Kilometer-High Tower By Colson Thayer

NEED TO KNOW The Jeddah Tower in Jeddah, Saudi Arabia, is set to be the world's tallest building upon completion. The current record is held by the Burj Khalifa at 2,722 feet including the spire.. Jeddah Tower will be over 3,280 feet tall and cost...

Saudi Fashion Goes Global: White Milano Forms Strategic Alliance with Riyadh

White Milano elevates Saudi design to the international stage. The Milanese show has signed a memorandum of understanding with the Saudi Fashion Commission, following partnerships with Riyadh Fashion Week, held October 16th-21st, where the first...

Saudi Royal Protocol and SAMI unite to develop national capabilities

Saudi Royal Protocol and Saudi Arabian Military Industries (SAMI), a Public Investment Fund (PIF) company, have signed a cooperation memorandum aiming to exchange knowledge across several areas of mutual interest. Contributing to the development...

Saudi Arabia’s airline joins merch race with streetwear range

By Bloomberg Published October 23, 2025 Saudi Arabia’s national carrier has unveiled a clothing collection that blends streetwear with corporate merchandise, an unusual fashion foray for an airline whose business model has long mirrored the...

Saudi Riyal to Pakistani Rupee Rate- October 23, 2025

KARACHI, October 23, 2025: The Saudi Riyal (SAR) ticked up to Rs74.95 against the Pakistani Rupee (PKR) in today’s open market, a slight increase from Rs74.94 on October 22 and still below the July 28 peak of Rs76.03, according to currency...

Saudi Arabia appoints conservative Grand Mufti

Riyadh has appointed a conservative cleric in his nineties as its top religious leader, state media reported, sticking with tradition even as rapid social changes upend the previously cloistered kingdom. Sheikh Saleh bin Fawzan bin Abdullah...

Saudi Arabia: More than 1,000 commuters try self-driving cars in Riyadh pilot program

Over 1,000 commuters in Riyadh have used autonomous vehicles since the launch of a pilot service in July, operating at Roshn Front shopping mall and Princess Noura University. The project is part of a collaboration between Saudi Arabia’s Transport...

Saudi Arabia appoints new Grand Mufti, kingdom's top religious scholar

Saudi Arabia has appointed a new Grand Mufti, the kingdom's top religious scholar, following a royal decree issued on Wednesday. Sheikh Saleh bin Fawzan, 90, takes the position on the order of King Salman, based on the recommendation of his son,...

Saudi Fashion Commission strikes MoU with WHITE Milano

The Saudi Fashion Commission has signed a Memorandum of Understanding (MoU) with Circle Platform Company’s WHITE Milano, following the conclusion of the third edition of Riyadh Fashion Week. This partnership aims to drive the global growth and...

Oil Majors Drop Deals with Chinese Refiner Sanctioned by the UK

International oil majors have canceled spot cargo sales of Middle Eastern and Canadian crude to Shandong Yulong Petrochemical after the Chinese refiner was sanctioned by the UK last week, Reuters reported on Thursday, quoting sources with...

Investor profile: SURJ Sports Investment

Launched in 2023, SURJ Sports Investment is a fully owned subsidiary of Saudi Arabia’s Public Investment Fund (PIF), which is aiming to establish the gulf nation as a premier sporting destination and diversify the country’s economy under its...

Saudi’s Maaden awards $104mln EPCM contract for Ar Rjum goldmine

Maaden (Saudi Arabian Mining Company) announced on Thursday that it has awarded an Engineering, Procurement and Construction Management (EPCM) contract worth 391.1 million Saudi riyals ($104.3 million) to US-based Bechtel for its Ar Rjum gold mine...

Saudi Arabian firm keen to invest in Afghanistan’s oil, gas sectors

KABUL (Pajhwok): Saudi Delta International Company has evinced a keen interest in investing in Afghanistan’s oil and gas sectors, as well as in the extension of TAPI pipeline project, the Ministry of Mines and Petroleum (MoMP) announced on...

FII9 2025 in Riyadh: Theme, Dates, Partners, and Why the World Will Be Watching

FII 9th Edition 2025: The Key To Prosperity – Unlocking New Frontiers of Growth Riyadh is set to once again become the global hub for investment, innovation, and policymaking as the Future Investment Initiative (FII) Institute - often dubbed...

KJO awards Dorra gas project offshore package contract

The package is part of a major project by Al-Khafji Joint Operations to develop facilities at the Dorra gas field in the waters of the Saudi-Kuwait Neutral Zone Become a MEED subscriber for unlimited access to: Exclusive news, comment and analysis...

Saudi names conservative grand mufti despite sweeping social change

Saudi Arabia has appointed a conservative cleric in his nineties as its top religious leader, state media said, sticking with tradition even as rapid social changes upend the previously cloistered kingdom. Sheikh Saleh bin Fawzan bin Abdullah...