Data from the US Treasury Department revealed that Saudi Arabia’s holdings of US Treasuries increased by approximately $2.2 billion reaching $142.5 billion in June 2026 compared to the previous month Saudi Arabia maintained its 17th position among the largest holders of US Treasury bonds. The Kingdom’s investments in US Treasury bonds during June were distributed
Solera, the global leader in vehicle lifecycle management and claims solutions, has entered into a strategic partnership with Najm, the national platform powering motor accident management across Saudi Arabia, marking a significant milestone in the company’s expansion across the Middle East. Motor insurance remains one of the Middle East’s largest insurance segments, driven by rising
Mindware, a leading value-added distributor (VAD) in the Middle East and Africa, today announced its participation at LEAP Saudi Arabia 2026, where it will showcase its expanding portfolio of AI, cloud, cybersecurity, data modernization and intelligent infrastructure solutions under the theme ‘Empowering the AI-Driven Digital Enterprise’. As Saudi Arabia continues to accelerate investments in artificial intelligence,
Saudi Minister of Education Yousef Al-Benyan said that 22 subjects have been updated and 50 educational units in artificial intelligence have been added to the curriculum for the new academic year. Addressing the government press conference in Riyadh on Monday ahead of the beginning of the new academic year, Al-Benyan said that the approval of
Saudi Arabia mobilized more than $12 billion in financial pledges to combat land degradation during its nearly two-year presidency of COP16, which also saw the Riyadh conference attract more than 100,000 participants from 170 countries. The Kingdom highlighted the key achievements of its presidency of the 16th Conference of the Parties to the United Nations
Saudi Aramco resumed oil loading from inside the Strait of Hormuz last week and has more tankers waiting to load as the state energy giant offers spot heavy crude cargoes, according to shipping data and trade sources. On Monday, the world’s top oil exporter offered some Asian refiners Arab Medium and Arab Heavy crude cargoes
Saudi-based Al Taiseer Group Talco Industrial Company has announced that it has extended by six months a non-binding MoU to acquire a 60% stake in Eastern Aluminum Extrusion Factory. This extension will run from August 24 to February 23, 2027, allowing additional time to complete due diligence procedures, said Talco in its filing to the
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