RIYADH — Fitch Ratings has confirmed Saudi Arabia’s long-term foreign-currency issuer default rating at A+ with a stable outlook, highlighting the Kingdom’s solid fiscal position, strong financial reserves, and resilient economic fundamentals. According to Fitch, Saudi Arabia continues to maintain…
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SHENZHEN — Saudi Arabia’s Minister of Communications and Information Technology, Abdullah Al-Swaha, held a series of high-level meetings with leading technology companies and research institutions in Shenzhen, China, to strengthen cooperation in artificial intelligence, robotics, cloud computing, digital infrastructure, and…
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GENEVA — Saudi Arabia has announced the successful completion of its global e-waste regulatory initiative, developed in partnership with the International Telecommunication Union (ITU), helping Paraguay, Rwanda, and Zambia establish national frameworks for electronic waste management. The announcement was made…
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RIYADH — The Zakat, Tax and Customs Authority (ZATCA) has reminded businesses in Saudi Arabia to submit their June 2026 withholding tax returns no later than July 10, 2026. The authority urged eligible establishments to file their tax returns through…
Read MoreJEDDAH — The Saudi Cabinet has approved the creation of a unified national visa platform under the Ministry of Foreign Affairs, making it the Kingdom’s official digital platform for visa services. The Cabinet also approved visa exemption agreements with Hungary,…
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RIYADH — The Riyadh Metro Red Line Extension Project has reached a major construction milestone with the successful manufacturing and factory acceptance testing of its dedicated tunnel boring machine (TBM). The Royal Commission for Riyadh City (RCRC) announced that the…
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NAJRAN — Saudi Arabia will launch a 100,000-square-meter entertainment destination in the heart of Najran by 2027, following an announcement by General Entertainment Authority (GEA) Chairman Turki Al Al-Sheikh. The new destination will combine a wide range of entertainment experiences,…
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RIYADH — Saudi Arabia has launched a Package Visa pilot program through approved travel and tourism service providers in selected markets, making it easier for eligible visitors to obtain a tourist visa as part of a complete travel package. The…
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RIYADH — Saudi Arabia has granted Acwa an exclusive mandate to export green hydrogen and its derivatives produced in the Kingdom to international markets, strengthening the country’s position in the global clean energy sector. The company has also been tasked…
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RIYADH — Saudi Arabia’s Council of Economic and Development Affairs said government entities recorded improved performance in achieving Vision 2030 targets during the first quarter of 2026 compared with the final quarter of 2025. During a videoconference meeting, the council…
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