Saudi Arabia

FAB expands Temenos partnership to deploy cloud-based Core Banking, Payments Hub, and Data Hub across Saudi Arabian operations, modernizing Sharia-compliant services.

First Abu Dhabi Bank expands Temenos partnership to modernize Saudi Arabia banking systems using cloud infrastructure and Islamic finance-compliant solutions.

GCC data center market expanding rapidly: 111 existing facilities plus 72 planned additions through 2029. Saudi Arabia positioned to capture majority of new capacity growth.

Leishen Energy advances Saudi Arabia production facility despite regional tensions, positioning for Middle East infrastructure reconstruction demand and long-term energy sector growth.

Houthi-backed disruptions at Bab el-Mandeb strait pose major oil supply risks, potentially driving crude prices to $150-200 per barrel if combined with Hormuz blockade.

OMS Energy books $11M Saudi Aramco order for specialty connectors and pipes under long-term supply agreement, demonstrating strong framework conversion and market validation.

Critical Metals develops Tanbreez rare-earth project in Greenland, targeting 2028-2029 production with U.S. government backing through $12B Project Vault initiative.

Kushner appointed as Special Envoy for Peace; must disclose finances within 10 days. His Affinity Partners manages $5.4B including $2B from Saudi Arabia.

KBR secures seven-year general maintenance contract from Saudi Aramco-Total joint venture for Jubail petrochemical complex, with optional three-year extension.

Kuwait reduces oil production amid storage constraints from Strait of Hormuz disruptions. Iraq has halved output; Saudi Arabia and UAE face similar pressures within weeks.

Middle East packaging machinery market projected to nearly double to $3.63B by 2035, driven by industrialization, e-commerce growth, and sustainable packaging demand across food, pharma, and consumer goods sectors.

KBR secures 10-year maintenance contract with Saudi Petro Rabigh, incorporating AI and machine learning for predictive maintenance optimization.

KBR secures 10-year maintenance deal with Saudi Petro Rabigh to manage polymer facilities using AI and machine learning for improved efficiency and reliability.

Middle East prefab construction accelerates through 2029, driven by major infrastructure projects like NEOM and Vision 2030 goals. Labor shortages and sustainability demands boost adoption across residential, commercial, and industrial sectors.

Saudi Arabia's inaugural Michelin Guide recognized 51 restaurants, awarding 11 Bib Gourmand distinctions and 40 recommended tables, marking the kingdom's growing culinary sophistication.

Michelin Guide debuts in Saudi Arabia, awarding 51 restaurants including 11 with Bib Gourmand distinction. Recognition highlights the kingdom's emerging culinary excellence and dining diversity.

Michelin Guide Saudi Arabia 2026 launches with 51 restaurants, including 11 Bib Gourmand establishments. Three special awards recognize culinary excellence and exceptional dining experiences.

Michelin Guide launches in Saudi Arabia, recognizing 51 restaurants including three special award winners across Riyadh, Jeddah, and AlUla.

Saudi Arabia's first Michelin Guide recognizes 51 restaurants, including 11 with Bib Gourmand status. Three special awards highlight emerging talent and culinary excellence.

Michelin Guide Saudi Arabia 2026 debuts with 51 new restaurants and three specialized awards, elevating the region's culinary scene with international recognition.