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Saudi Wealth Fund PIF Blocks PwC From Advisory Work for One Year

Saudi Arabia’s Public Investment Fund (PIF) has barred PricewaterhouseCoopers (PwC) from offering advisory services for one year, dealing a significant setback to the firm’s expansion in one of the world’s most lucrative

28 February، 2025

by The Saudi Times

International Astronomy Center Confirms the Impossibility of Sighting the Shawwal Crescent on March 29

The International Astronomy Center has confirmed that sighting the crescent moon of Shawwal on Saturday, March 29, will be impossible across all Arab and Islamic regions. This is due to the moon setting before the sun and the conjunction occurring

20 March، 2025

by The Saudi Times

Arafat Day 2025 A Sacred Time for Prayer and Righteous Deeds

Arafat Day in 2025 falls on Friday, June 6, marking a deeply revered day in the

Mysterious Metallic Sphere Found in Colombia Sparks UFO Speculation

A metallic orb that recently fell from the sky into a remote area of northern Colombia

King Salman thanks God for achievements made in Saudi Arabia on national day

RIYADH: Saudi Arabia’s King Salman thanked God for the achievements made in the Kingdom on its national day. In a post on X, the king wrote: “On the occasion of our National

23 September، 2025

News

On Saudi National Day, Islamabad reaffirms commitment to strengthening partnership with Riyadh

KARACHI: Pakistan on Tuesday reaffirmed commitment to strengthening its longstanding partnership with Saudi Arabia as the Kingdom marked its 95th National Day, with a special ceremony scheduled to be held in Islamabad.

23 September، 2025

News

Saudi Arabia showcases award-winning AI achievements at UN

RIYADH: The Saudi Data and AI Authority showcased the Kingdom’s approach to building advanced artificial-intelligence systems at the UN General Assembly in New York this week. Raied Al-Jadaany, assistant CEO for computer

23 September، 2025

News

8th ministerial Japan-Saudi Vision 2030 meeting confirms ongoing cooperation

TOKYO: Saudi Arabia and Japan on Monday reaffirmed their commitment to strengthening bilateral cooperation during a ministerial meeting of the Japan-Saudi Vision 2030. This strategic initiative aims to enhance economic, cultural, and

23 September، 2025

News

King Faisal University recognized as ‘Innovation District’ at Beijing conference

RIYADH: King Faisal University has been formally admitted as an “Innovation District” by the International Association of Science Parks and Areas of Innovation. The announcement was made during the 42nd IASP World

23 September، 2025

News

Japan govt officials attend Saudi Vision 2030 Ministerial Roundtable

TOKYO: A Japan government delegation including Economy, Trade and Industry Minister Yoji Muto and Parliamentary Vice-Minister for Foreign Affairs Hisashi Matsumoto held talks with Saudi Arabia government officials on Vision 2030 in

23 September، 2025

News

King Faisal Prize laureates honored at ceremony in Riyadh

RIYADH: The King Faisal Prize ceremony, held on Monday night under the patronage of King Salman in Riyadh, honored six distinguished laureates whose contributions have significantly advanced their fields and enriched humanity.

23 September، 2025

News

Saudi Arabia, Boeing agree deal on advanced air mobility

RIYADH: US aircraft manufacturer Boeing has inked an agreement with Saudi Arabia to explore partnerships and investments in the advanced air mobility sector. A memorandum of understanding was signed in Washington, D.C.

23 September، 2025

News

Closing Bell: Saudi main market closes in green with 10,876 points

RIYADH: The Saudi Exchange closed higher on Monday, with the Tadawul All Share Index climbing 0.63 percent to finish at 10,876.42 points, gaining 67.74 points from the previous session. A total

23 September، 2025

News

Saudi Arabia launches 30th shipping service of 2025, linking Jeddah to Port Sudan

JEDDAH: Saudi Arabia’s ports authority has launched its 30th new shipping service of the year, adding a direct route between Jeddah Islamic Port and Port Sudan. The “JSS” service, operated by Marsa

23 September، 2025

News

Saudi port exports rise 9.3% as total cargo hits 334.5m tonnes 

RIYADH: Saudi Arabia’s ports saw robust growth in 2024, with exports climbing 9.3 percent to 222.4 million tonnes, pushing total cargo volumes to 334.5 million tonnes and reinforcing the Kingdom’s expanding role

23 September، 2025

News

World Bank establishes regional hub in Riyadh

RIYADH: The World Bank has opened a new regional hub in Riyadh to serve the Middle East, North Africa, Afghanistan, and Pakistan, as the Washington-based lender continues to boost its presence in

23 September، 2025

News

Saudi Arabia’s Yemen redevelopment program, World Bank explore partnerships

RIYADH: The Saudi Development and Reconstruction Program for Yemen and the World Bank held discussions on Tuesday on expanding their development cooperation to support vital sectors in Yemen, the Saudi Press Agency

23 September، 2025

News

Saudi Arabia’s greenfield FDI projects surpass 200 after sharp uptick

RIYADH: Greenfield foreign direct investment projects in Saudi Arabia posted a 30.1 percent annual rise in the first half of 2025 to reach 203, according to an analysis. Total capital inflows into

23 September، 2025

News

PIF signs MoU with Macquarie to boost Saudi infrastructure, energy transition projects

RIYADH: Saudi Arabia’s Public Investment Fund signed a memorandum of understanding with Macquarie Asset Management to expand investments in infrastructure and energy transition projects, marking the latest move to attract global partners.

23 September، 2025

News

Saudi Arabia’s Al-Baha region unveils industrial projects worth $24m

JEDDAH: Saudi Arabia’s Al-Baha region has unveiled SR89 million ($24 million) in industrial projects aimed at attracting investment, creating jobs, and developing its mining and small and medium enterprises sectors. Prince Hussam

23 September، 2025

News

Saudi Fund for Development inked $985m loan deals across 13 nations in 2024: annual report

RIYADH: The Saudi Fund for Development signed 17 loan agreements worth SR3.7 billion ($985 million) with 13 countries in 2024, backing projects across Africa, Asia, Europe and Latin America. The financing included

23 September، 2025

News

Saudi Aramco launches dollar sukuk with $200k minimum as debt push widens

RIYADH: Saudi Aramco has launched a new international sukuk offering, with a minimum subscription of $200,000, as the state oil giant seeks to re-tap global debt markets. The sukuk, issued under SA

23 September، 2025

News

OECD upgrades Saudi Arabia’s economic growth forecast to 3.9% in 2026

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23 September، 2025

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Saudi GDP to receive $3bn boost after raft of deals at Local Content Forum

RIYADH: Saudi Arabia launched initiatives and signed 15 agreements at the Local Content Forum, boosting domestic industries with an estimated SR12.4 billion ($3.3 billion) impact on gross domestic product. The deals, signed

23 September، 2025

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News

Saudi Wealth Fund PIF Blocks PwC From Advisory Work for One Year

International Astronomy Center Confirms the Impossibility of Sighting the Shawwal Crescent on March 29

Arafat Day 2025 A Sacred Time for Prayer and Righteous Deeds

Mysterious Metallic Sphere Found in Colombia Sparks UFO Speculation

King Salman thanks God for achievements made in Saudi Arabia on national day

On Saudi National Day, Islamabad reaffirms commitment to strengthening partnership with Riyadh

Saudi Arabia showcases award-winning AI achievements at UN

8th ministerial Japan-Saudi Vision 2030 meeting confirms ongoing cooperation

King Faisal University recognized as ‘Innovation District’ at Beijing conference

Japan govt officials attend Saudi Vision 2030 Ministerial Roundtable

King Faisal Prize laureates honored at ceremony in Riyadh

Saudi Arabia, Boeing agree deal on advanced air mobility

Closing Bell: Saudi main market closes in green with 10,876 points

Saudi Arabia launches 30th shipping service of 2025, linking Jeddah to Port Sudan

Saudi port exports rise 9.3% as total cargo hits 334.5m tonnes

World Bank establishes regional hub in Riyadh

Saudi Arabia’s Yemen redevelopment program, World Bank explore partnerships

Saudi Arabia’s greenfield FDI projects surpass 200 after sharp uptick

PIF signs MoU with Macquarie to boost Saudi infrastructure, energy transition projects

Saudi Arabia’s Al-Baha region unveils industrial projects worth $24m

Saudi Fund for Development inked $985m loan deals across 13 nations in 2024: annual report

Saudi Aramco launches dollar sukuk with $200k minimum as debt push widens

OECD upgrades Saudi Arabia’s economic growth forecast to 3.9% in 2026

Saudi GDP to receive $3bn boost after raft of deals at Local Content Forum

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