Author: Editorial Team

RIYADH — Saudi Public Investment Fund (PIF) Governor Yasir Al-Rumayyan said that the PIF has contributed one-third of non-oil GDP growth, amounting to SR910 billion. “The PIF aims to develop 100,000 hotel rooms and introduce 70 tourism experiences across various regions of Saudi Arabia, with the objective of strengthening the tourism sector and increasing visitor numbers,” he said. Al-Rumayyan made the remarks while addressing a government press conference in Riyadh, following the approval of PIF’s 2026-2030 strategy by its board of directors, chaired by Crown Prince and Prime Minister Mohammed bin Salman. He revealed that the PIF’s companies attracted foreign…

iCAUR will host its 2026 International Business Summit in April, bringing together partners, media, and creators for a multi-day immersive experience. Building on strong momentum in Saudi Arabia, the V27 has already gained attention through local test drives. Rather than focusing on speeches, the summit will center on real-world scenarios and interactive experiences, connecting products, technology, and lifestyle in a tangible way. From Introduction to ImmersionThe summit will open with the Global Partner Conference, where iCAUR will outline its brand philosophy, strategic direction, and global approach to new energy mobility. From the start, the event becomes an immersive journey —…

 Two researchers from Umm Al-Qura University developed an innovative engineering solution: a smart concrete barrier capable of generating electricity from air currents produced by vehicle movement on public roads. The innovation was developed by faculty member at the College of Engineering and Architecture Raed Shalwala and Director of the Institute of Innovation and Entrepreneurship at Umm Al-Qura University Fadi Almarghlani. The system harnesses airflow generated by traffic through an integrated design within concrete barriers, converting kinetic energy into usable electrical energy. The solution supports renewable energy sources and reduces reliance on conventional resources. It is expected to improve energy efficiency in road infrastructure and…

Satellite startup Orbital has laid out plans to launch its first test mission in 2027, which they hope will provide a foundation for operating AI data centres in low Earth orbit (LEO). The company’s first satellite, Orbital 1, is scheduled to launch on a SpaceX Falcon 9 in April next year. Its aim is to validate sustained GPU operation in orbit, test radiation hardening and eventually run AI workloads commercially. Orbital noted it has secured funding from start-up accelerator a16z Speedrun to support the initial test and was in the process of making an application to the US Federal Communications…

RIYADH — Saudi Minister of Foreign Affairs Prince Faisal bin Farhan received on Wednesday a phone call from Russian Minister of Foreign Affairs Sergey Lavrov. During the call, they discussed the latest developments and theefforts being made to enhance security and stability in the region. Source: Saudi Gazette

RIYADH — The National Center for Meteorology (NCM) warned of continued thunderstorms of varying intensity across most regions of Saudi Arabia until next Sunday. The thunderstorms will be accompanied by active downdrafts stirring up dust and sand, with speeds that may exceed 60 kilometers per hour, along with hail, flash floods, and high waves along the coasts. The NCM said in its weather report that the rainy weather condition will affect the Riyadh region and its governorates with moderate to heavy rainfall. This includes Diriyah, Al-Muzahamiyah, Al-Kharj, Al-Dilam, Al-Hariq, Al-Rayn, Al-Qiddiyah, Rumah, Al-Aflaj, and Hawtat Bani Tamim, in addition to…

 The Imam Turki bin Abdullah Royal Nature Reserve Development Authority recorded more than 90 births of various wild species during the first quarter of 2026, in a scene reflecting the vitality of the ecosystem within the reserve. The authority said this demonstrates the effectiveness of reintroduction programs, alongside integrated conservation efforts and natural habitat management, which directly support the reproduction and stability of wildlife in its natural environment. The authority documented more than 40 births of the Arabian gazelle, over 15 births of the Arabian oryx, in addition to more than 17 births of the Cape hare, and the hatching of seven…

JEDDAH — A meeting of the Permanent Committee for Hajj and Umrah discussed the readiness of relevant authorities for the Hajj of 2026. The topics of discussions included operational plans, security arrangements at entry points, and progress of development projects in Makkah and the holy sites. Under the directives of Advisor to Custodian of the Two Holy Mosques, Emir of Makkah and Chairman of Central Hajj Committee Prince Khaled Al-Faisal, Deputy Emir of Makkah Prince Saud bin Mishaal chaired the meeting. Addressing the meeting, the deputy emir stressed the importance of adhering to the leadership’s directives on early preparation for…

RIYADH — Minister of Justice Walid Al-Samaani said that the new Enforcement Law, approved by the Council of Ministers on Tuesday, provides a more structured and transparent enforcement process. “The new law establishes a balanced approach to the obligations of creditors and debtors, providing clear judicial safeguards while facilitating the effective enforcement of rights. By enhancing mechanisms for asset disclosure and tracing, the law provides a more structured and transparent enforcement process,” he said. Al-Samaani expressed his appreciation to Custodian of the Two Holy Mosques King Salman and Crown Prince and Prime Minister Mohammed bin Salman following the approval of…

Governor of Diriyah Prince Rakan bin Salman bin Abdulaziz visited the headquarters of Diriyah Company today to review its projects and inspect the progress of work at its construction sites across the governorate. Upon his arrival, he was received by Head of the Local Real Estate Investment Division at the Public Investment Fund (PIF), Diriyah Company Board Secretary and Member Saad Alkroud, Diriyah Company Group CEO Jerry Inzerillo, and a number of the company’s executives. During the visit, Prince Rakan reviewed the Diriyah Project masterplan, one of the Kingdom’s most prominent major development projects, as its main components, implementation phases, and integrated…