RIYADH: More than 51,000 Saudi families became first-time homeowners during the first five months of 2026, while an additional 38,471 families received housing and financing assistance, according to the Ministry of Municipalities and Housing. The ministry said the figures, covering…
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RIYADH: Saudi Arabia has secured the top global ranking in the 2026 ICT Development Index (IDI) published by the International Telecommunication Union (ITU), highlighting the Kingdom’s continued progress in digital connectivity and technology development. The index measures the digital performance…
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RIYADH — Foreign investment in Saudi Arabia’s private markets climbed to SR20 billion in 2025, accounting for nearly 60 percent of all private investments in the Kingdom, according to a new report released by the Saudi Venture Capital Company (SVC).…
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RIYADH: The Zakat, Tax and Customs Authority (ZATCA) has announced that the Minister of Finance has approved a six-month extension of the initiative that waives certain tax fines and financial penalties for taxpayers covered by the Kingdom’s tax regulations. The…
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RIYADH: Saudi Arabia’s Ministry of Human Resources and Social Development (HRSD) has extended the deadline until the end of 2026 for employers to regularize the status of expatriate workers whose work permits have been expired for more than 12 months.…
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RIYADH: Saudi Arabia’s unemployment rate fell to 6.4 percent during the first quarter of 2026, with unemployment among Saudi women declining to 9 percent, according to the latest Labor Force Survey released by the General Authority for Statistics (GASTAT). The…
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RIYADH: Dust-raising winds are forecast to affect several regions of Saudi Arabia from Tuesday through the middle of next week, with some areas expected to experience significantly reduced or near-zero horizontal visibility, according to the National Center for Meteorology (NCM).…
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RIYADH: Saudi Arabia has officially implemented a 30 percent Saudization requirement for engineering professions in the private sector, effective Tuesday, June 30, 2026. The Ministry of Human Resources and Social Development (HRSD), in partnership with the Ministry of Municipalities and…
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RIYADH: Saudi Arabia has been ranked the safest country among G20 nations, according to a report released by the General Authority for Statistics (GASTAT). The ranking is based on data submitted by countries to the United Nations Sustainable Development Goals…
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RIYADH: The Ministry of Tourism has unveiled the AI Tourism Vision, a new strategic initiative aimed at advancing the tourism sector through artificial intelligence and digital transformation. The initiative seeks to enhance visitor experiences, improve operational efficiency, support investors and…
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