top of page

Saudi News Update: Week 23

A businessman is staying up to date by reading the news on a tablet

This week, Knight Frank, the global real estate consultant, projected Saudi Arabia’s construction output value to hit $181.5 billion by the end of 2028. This has been driven by the ‘historical transformation’ unfolding in Saudi Arabia.

In other news, Saudi officials have met with White House officials in Washington to enhance and expand the strategic partnership between Saudi Arabia and the USA.


Economy, Budgets and Finance

Arab News: ‘Historical transformation’ in Saudi Arabia to drive construction output to $181.5bn: Knight Frank. Read here

Arab News: Saudi Arabia sees 5.6% rise in FDI in Q1 2024. Read here

Arab News: Saudi Arabia’s logistics sector pioneering pathways for global connectivity. Read here

Saudi Gazette: British businessmen to invest in energy and infrastructure in Saudi Arabia. Read here

Government and Royal Family

Arab News: Saudi minister meets White House officials on Saudi-US partnerships. Read here

Al Arabiya: Saudi Arabia signs agreement with OPEC Fund to aid economic recovery in Somalia. Read here

Arab News: Saudi Shoura Council to visit Tajikistan, Uzbekistan.  Read here

Defence and Security

Arab News: Saudi defense minister received by Chinese counterpart in Beijing. Read here

Arab News: Saudi National Guard minister receives French ambassador to Riyadh. Read here

Trade Arabia: Saudi and China discuss ways to strengthen defence ties. Read here


Arab News: How a new tech academy is helping Saudi Arabia train its next generation of app developers. Read here

Arab News: Saudi university secures X-ray film patent. Read here

Construction Week: Authorities implement more than 80 projects in Alkhobar. Read here


Al Arabiya: Saudi Arabia’s Qiddiya City unveils groundbreaking performing arts center.  Read here

Arab News: Saudi village built atop volcanic crater attracts tourists.  Read here


If you would like to be added to our weekly email distribution of this newsletter, please contact us.


bottom of page