The Logistics Private Sector Engagement Council held its 30th meeting to strengthen public-private integration and explore development opportunities in Saudi Arabia’s logistics sector.
The International Dates Council and Al-Rajhi Endowments discuss cooperation to support Saudi Arabia’s palm and dates sector, aligning with Vision 2030 goals.
Housing Minister Majed Al-Hogail told the Ginnie Mae summit in Virginia that Saudi Arabia aims to refinance over $40 billion in real estate by 2030, as homeownership reaches 66%.
Saudi Reef reports coffee production reached 7,400 tons in 2026, up 825% from 2020, with over 6,200 beneficiaries and SAR 185 million in support for Vision 2030.
The Ministry of Investment and Gulf Coast Development sign MoU to boost investment in Khafji, supporting Saudi Vision 2030 with a new coastal destination.
The Agricultural Development Fund and alinma Bank sign a cooperation agreement to finance imports of agricultural products and enhance food security in Saudi Arabia.
Saudi Arabia’s Istitlaa platform opens 65 economic and development projects for public feedback in cooperation with 33 government entities.
FII Institute announces FII10 rescheduled to October 25–28, 2027, in Riyadh, marking a decade of global investment dialogue under the theme ‘The Power of Legacy’.
The Asharqia Chamber concluded its Electronic Application Exhibition 2026 in Dammam, showcasing digital innovation and startup investment aligned with Vision 2030.
The International Dates Council and FAO program in Saudi Arabia met in Riyadh to expand their partnership in the date sector under a signed memorandum of understanding.
Saudi Power Procurement Company releases RFQ for Round 8 solar and wind projects totaling 3,200 MW, advancing the National Renewable Energy Program and Vision 2030 goals.
Organic farming in Najran preserves agricultural heritage and strengthens Saudi food security, advancing Vision 2030 through sustainable cultivation and water conservation.
Al-Kharj Industrial City hosts 641 facilities and 612 factories, employing 35,453 workers at 91% occupancy, per MODON data supporting Saudi Vision 2030.
The Al-Madinah Al-Munawwarah Chamber presents economic reports and investment opportunities at the Hajj Conference, highlighting support for SMEs and Vision 2030 alignment.
IsDB Group and WAIPA announce the 2026 Investment Excellence Awards winners, honoring GAFI Egypt, Invest Oman, and Comoros for sustainable investment excellence.
The ‘Saudi Made’ pavilion at the Hajj Conference and Exhibition in Jeddah showcases national products, enhancing their role in Hajj and Umrah services in line with Vision 2030.
Federation of Saudi Chambers of Commerce and U.S. Chamber of Commerce sign MoU in Washington to boost trade, investment, and innovation cooperation.
SOCPA celebrates International Accounting Day, highlighting 300+ reforms and Saudi Arabia’s rise to 9th in global auditing index, aligning with Vision 2030.
Oil prices declined on November 10, 2026, with Brent falling 2.17% to $90.40 and WTI down 1.75% to $85.10, amid improving global supply and rising OPEC output.
B20 Summit opens in Washington under U.S. G20 presidency. Saudi Arabia participates to advance Vision 2030 and global economic growth.
Al-Kharj Chamber Chairman Eng. Abdulaziz Al-Sharif meets Ethiopian Ambassador Awwal Wagris Mohammed to discuss investment opportunities, highlighting $623 million trade in 2023.
BOE Africa 2026 in Cairo sees signing of partnerships and financing alliances to support entrepreneurship, with IsDB and African Development Bank committing to empower the private sector.
Saudi Arabia’s GAFT launches anti-dumping investigation into hot-rolled steel imports from China and Türkiye, reinforcing fair trade and Vision 2030 industrial goals.
Saudi Arabia’s Transport General Authority reports over 25 million electronic car rental contracts since 2022, with 83% growth in vehicles and 66% in outlets.
Infra and HUMAIN sign two financing agreements worth up to SAR2.5 billion to advance AI computing and power infrastructure in Saudi Arabia, supporting Vision 2030.
ZATCA introduces an online business advisor service to help taxpayers identify zakat, tax, and customs obligations, enhancing compliance and supporting Vision 2030.
Madinah Haramain Station offers diverse investment opportunities in transport, real estate, tourism, and retail, driven by growing passenger traffic and Vision 2030.
Qassim’s 10.87 million date palms produce 584,000 tons annually, preserving heritage and driving sustainable development in line with Saudi Vision 2030.
Al-Balad Al-Ameen, the investment arm of the Holy Makkah Municipality, presented digital platforms Mowaridi and Sejel at the Hajj Conference 2026, enhancing pilgrim services and investment opportunities in Makkah.
Saudi Arabia raises Saudization rate to 35% for 94 technical engineering professions, effective May 2027, supporting Vision 2030 and national workforce development.
Jeddah will host the third Saudi International Paper and Carton Exhibition from November 16-18, 2026, showcasing industry innovations and investment opportunities.
Saudi EXIM provided SAR43.22 billion in credit facilities through September 2026, a 27.12% increase, boosting non-oil exports and Vision 2030 goals.
GCC Secretary-General Jasem Albudaiwi stresses transport and logistics integration as vital for Gulf economic security, highlighting 5.7% sector growth and the GCC Railway.
Saudi Minister Abdulrahman Alfadley lays foundation stone for a 500,000-ton agricultural processing facility in Riyadh, boosting food security and Vision 2030 goals.
The Islamic Development Bank Group will join BOE Africa 2026 in Cairo, focusing on education financing and sustainable development across Africa.
The Ministry of Environment, Water and Agriculture concludes the fourth Ibda’at Joufiyah festival in Dumat Al-Jandal, supporting farmers, cottage industries, and Vision 2030 goals.
ZATCA calls on establishments to submit October withholding tax forms by November 10, 2026, to avoid penalties. Learn about compliance and support.
Saudi Ministry of Commerce warns business owners that establishment bank accounts must be used solely for commercial activities, emphasizing accountability and monitoring.
Eastern Region Municipality showcases over 700 investment opportunities across 18 sectors at the Women’s Economic Forum 2026, empowering female entrepreneurs in Saudi Arabia.
Qassim farmers begin winter preparations, readying farmland and expanding vegetable cultivation to boost local production, food security and Vision 2030 goals.
The Women’s Economic Forum 2026 in Dammam highlighted Saudi women’s leadership in AI, innovation, and economic sustainability, aligning with Vision 2030 goals.
Saudi Fund for Development signs six loan agreements worth over $403 million to support Syria’s energy, water, health, housing, infrastructure, and digital sectors.
The Home and Family Exhibition in Makkah showcases Egyptian apparel and fabrics, boosting commercial activity and supporting Saudi Vision 2030 goals.
GASTAT reports over 70.7 million passengers traveled through Saudi land ports in 2025, a 7.2% increase, highlighting Vision 2030 progress in transport and trade.
Tabuk’s olive farms and mills gear up for the 2026 harvest, with over 1.5 million trees expected to yield 94,000 tons of olives and 12,250 tons of olive oil.
Al-Wajh Governor Mohammed bin Sultan Al-Subaie inaugurates the Dates, Ghee, and Honey Festival in Abu Rakah Center, showcasing over 50 farmers and supporting Vision 2030 agricultural goals.
Eastern Region Mayor Fahad Al-Jubair met Benin Ambassador Adam Bagoudou Zakari to discuss investment, urban development, and cooperation in Dammam.
Al-Jouf Mayor Atef Al-Shar’an inspects the services and industrial zone project in Tabarjal, featuring 3 million sqm and over 1,000 plots for investment.
The Social Development Bank of Saudi Arabia wins the WSBI-ESBG SDG Award 2026 for its contributions to economic growth, financial inclusion, and the Sustainable Development Goals.
The Islamic Corporation for the Development of the Private Sector (ICD) signs a $10 million Shariah-compliant financing agreement with Uzbekistan’s Anorbank to support SMEs and private sector growth.
Japan’s Nikkei 225 posts 9.3% weekly loss, worst since 2020, amid tech sell-off. Saudi Arabia’s Vision 2030 offers stability in global market turbulence.
Tunisia launches 2026–2027 olive harvest with projected 300,000 tons of olive oil, down from 500,000 tons last season due to irregular rainfall and climate patterns.
Ministry of Environment, Water and Agriculture workshops in Dumat Al-Jandal, Al-Jouf, spotlight renewable energy, farm rehabilitation, and olive oil quality testing.
Sales at the Dhariyah Camel Festival in Qassim Region exceeded SAR8 million in seven days, reflecting strong auction activity and boosting the local economy.
Oil prices fell to a four-week low Tuesday, with Brent crude settling at $103.60 a barrel and WTI at $96.09, reported via official Saudi channels.
Gold futures fell 0.70% to $3,942 per ounce as US midterm elections and Iran war diplomacy shaped markets, with silver down 2.24% and the dollar index rising.
Tabuk Chamber meets Indonesian Consul General to boost trade and investment cooperation, exploring partnerships and economic ties in line with Saudi Vision 2030.
Saudi Arabia’s FDI inflows surged 33.5% to SAR159 billion in 2025, with FDI stock surpassing SAR1 trillion, reflecting Vision 2030 progress and investor confidence.
Remat Al-Riyadh announces a 50-year public-private partnership to operate Riyadh’s parking system, integrating with the Riyadh Parking app and supporting Vision 2030.
Riyadh Region Municipality and partners launch first joint land investment project in Al-Narjis district, inviting private sector proposals for a 50-year mixed-use development.
Baljurashi launches initiative to rehabilitate abandoned farms, boosting food security and sustainable agriculture in line with Saudi Vision 2030.
Saudi Arabia concludes participation in 42nd COMCEC Ministerial Session in Türkiye, advancing trade financing, economic cooperation, and Vision 2030 goals.
Recent rainfall in Jazan Region renews pastures, boosting honey production with rich plant diversity. Over 3,000 beekeepers benefit from abundant nectar sources.
Najran Region produces over 40,000 tons of dates annually. Al-Bayadh dates, prized for quality and nutrition, support food security and Vision 2030 goals.
Governor of Eastern Region Prince Saud bin Naif bin Abdulaziz will patronize the Women’s Economic Forum 2026 in Dammam, focusing on women’s economic impact.
Saudi Ministry of Commerce reports 32-52% growth in tourism registrations, with tourist lodges up 52% to 18,115 by Q3 2026, driving Vision 2030 economic diversification.
PIF raises $3 billion in SACE-backed credit facilities to boost trade and cooperation with Italian businesses, advancing Vision 2030 and green finance goals.
US dollar drops 0.38% as oil prices fall and markets rise before US midterms, labor reports, and central bank decisions. Saudi Arabia remains stable.
Oil prices fell over 7% on Monday, with Brent at $104.77 and WTI at $96.46, per Saudi Press Agency. Explore implications for Saudi Arabia’s Vision 2030.
The GCC has opened an anti-dumping investigation into uncoated paper imports from India, China, and Thailand, reinforcing fair trade and Vision 2030 goals.
The Home and Family Exhibition in Makkah offers small businesses a platform to showcase products, test markets, and grow without long-term costs, aligning with Saudi Vision 2030.
GCC POWER 2026 Conference & Exhibition opens in Muscat, Oman, bringing together 40+ speakers from 15 countries to discuss energy transition and grid innovation.
The Council of Economic and Development Affairs reviews Saudi Arabia’s economic resilience, health transformation, and Vision 2030 progress in a video conference meeting.
Saudi Post issues SAR3 commemorative stamp with SAMA to mark the launch of the Saudi Riyal symbol, celebrating financial sovereignty and Vision 2030 progress.
Guinea opens its first gold refinery in Conakry, aiming to refine 30% of its gold production and capture more value from its mineral resources.
Qassim Region emerges as a leading hub for caravan manufacturing, offering diverse designs and supporting Saudi Arabia’s Vision 2030 goals.
Seven OPEC+ countries, including Saudi Arabia, reaffirm commitment to oil market stability by maintaining production levels for December 2026, supporting Vision 2030.
The Made in Saudi program launches its Saudi Market initiative in Jordan, featuring over 20 Saudi companies to boost non-oil exports and global reach.
The home and family exhibition opens in Makkah for 12 days, stimulating economic activity and showcasing products for households and families.
The inaugural International Gifts and Products Exhibition concluded in Jeddah after 15 days, showcasing products from Arab, Asian, and African countries and supporting Saudi Vision 2030.
Haramain High Speed Railway drives investment opportunities in Madinah, says Al Madinah Chamber bulletin. Transport, tourism, hospitality, and logistics sectors poised for growth.
Saudi Arabia participates in the 42nd COMCEC Ministerial Session in Istanbul, focusing on trade financing and export growth among OIC member states.
The first International Gifts and Products Exhibition in Jeddah draws shoppers with goods from around the world, boosting retail and investment opportunities.
IsDB Chairman Dr. Muhammad Al Jasser and AfDB President Dr. Sidi Ould Tah met in Jeddah to discuss co-financing progress under their $4 billion framework for Africa.
GASTAT reports Saudi business sector operating revenues rose 2.3% in 2025 to SAR5.628 billion, with employee compensation up 6.0% to SAR624.1 billion.
Saudi Arabia’s Commercial Transactions Law complements the Civil Transactions Law to enhance contractual stability, enforceability, and protection of commercial practices.
AlUla’s date harvest nears its end as the AlUla Date Auction runs on weekends until November 15, with 4.2 million palm trees producing 130,000 tons annually.
Oil prices declined on October 29, 2026, with Brent falling 0.7% to $114.50 and WTI dropping 1% to $101.74 per barrel, per the Saudi Press Agency.
Spot gold fell 0.7% to $4,039.26 per ounce as the dollar strengthened following the Federal Reserve’s decision to keep interest rates unchanged, SPA reports.
Mexico and India have launched negotiations for a preferential trade agreement to expand trade, boost investment, and build resilient, diversified supply chains.
Gold prices fell 0.5% to $4,039.39 per ounce as higher oil prices weighed on precious metals, with silver, platinum and palladium also declining, per SPA data.
Brent crude settled at $115.32 and WTI at $102.78 as oil prices rose around 1% at settlement amid Middle East tensions, per the Saudi Press Agency.
Saudi Arabia Railways avoided over 364,800 tons of CO2 emissions and saved 139.4 million liters of fuel in 2025, advancing Vision 2030 sustainable transport goals.
Jazan City for Primary and Downstream Industries deploys AI, BIM, and OpenSpace to manage projects and monitor implementation, advancing Vision 2030 industrial goals.
FII PRIORITY Compass survey of 61,200 adults reveals cost of living remains top global concern for fifth year, with financial pressures hindering family aspirations.
Qassim’s flower trade flourishes as the Unaizah Flowers Festival showcases over 600,000 blooms, creating new business opportunities for small enterprises and aligning with Vision 2030.
The Islamic Development Bank Institute delivered three specialized programs to more than 60 senior Central Bank of Libya professionals to strengthen Islamic finance.
Peru’s exports are projected to surpass $110.794 billion by the end of 2026, a 21.16% increase driven by the mining sector, according to the Lima Chamber of Commerce.
Tabuk Region recorded 40,751 active commercial registrations as of October 2026, led by wholesale and retail trade, construction, and food services.
Saudi Ministry of Industry and Mineral Resources issued 58,000 certificates of origin in September, streamlining export documentation for businesses and individuals.
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