My Financial News from Saudi Arabia

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Saudi Arabia , Thursday 16 April 2026

News Saudi Arabia: Saudi Arabia to introduce 4-tier excise tax system on sweetened beverages from Jan. 1

Published on: Tuesday 30 December 2025
Saudi Arabia to introduce 4-tier excise tax system on sweetened beverages from Jan. 1
News source: https://saudigazette.com.sa/article/657803/SAUDI-ARABIA/Saudi-Arabia-to-introduce-4-tier-excise-tax-system-on-sweetened-beverages-from-Jan-1

RIYADH — The Saudi Zakat, Tax and Customs Authority (ZATCA) will introduce a revised 4-tier methodology for calculating excise tax on sweetened beverages, effective from Thursday, Jan. 1. This system, ...

News Saudi Arabia: Saudi bans poultry imports from Ghana, et al

Published on: Thursday 12 March 2026
Saudi bans poultry imports from Ghana, et al
News source: https://thebftonline.com/2026/03/13/saudi-bans-poultry-imports-from-ghana-et-al/

NUEKPE The Saudi Food and Drug Authority (SFDA) of the Kingdom of Saudi Arabia has tightened controls on poultry and table egg imports in one of the most extensive updates in recent years, banning ...

News Saudi Arabia: Saudi merchandise imports up 2% to SAR 84.2B in December 2025

Published on: Friday 19 December 2025
Saudi merchandise imports up 2% to SAR 84.2B in December 2025
News source: https://www.argaam.com/en/article/articledetail/id/1887474

Saudi Arabia’s merchandise imports rose 2% year-on-year (YoY) to nearly SAR 84.2 billion in December 2025,according to data issued by the General Auth ...

News Saudi Arabia: How MBS Transformed Saudi Arabia Over a Decade

Published on: Sunday 07 September 2025
How MBS Transformed Saudi Arabia Over a Decade
News source: https://time.com/7315265/how-mbs-transformed-saudi-arabia/

Ali Shihabi breaks down how Prince Mohammed bin Salman has radically changed Saudi Arabia over the past 10 years.

News Saudi Arabia: Saudi Arabia to build 1,000 rainwater harvesting dams with 4 million m³ annual capacity

Published on: Wednesday 30 July 2025
Saudi Arabia to build 1,000 rainwater harvesting dams with 4 million m³ annual capacity
News source: https://saudigazette.com.sa/article/653809/SAUDI-ARABIA/Saudi-Arabia-announces-major-environmental-water-and-agricultural-achievements-under-Vision-2030

RIYADH — Saudi Arabia has made major strides in environmental conservation, water sustainability, and food security as part of its Vision 2030 goals, according to Minister of Environment, Water and ...

News Saudi Arabia: East-West Pipeline Key to Saudi Arabia's New Oil Export Strategy

Published on: Thursday 12 March 2026
East-West Pipeline Key to Saudi Arabia's New Oil Export Strategy
News source: https://oilprice.com/Latest-Energy-News/World-News/East-West-Pipeline-Key-to-Saudi-Arabias-New-Oil-Export-Strategy.html

Faced with the de facto closure of the Strait of Hormuz, Saudi Arabia is rapidly shifting its oil exports to the Red Sea through the Yanbu port and the East-West Petroline, resulting in a massive surge in western crude loadings.

News Saudi Arabia: Saudi AI Startup Infobrim Secures Angel Funding at $3.5m Valuation

Published on: Sunday 15 March 2026
Saudi AI Startup Infobrim Secures Angel Funding at $3.5m Valuation
News source: https://www.crowdfundinsider.com/2026/03/266968-saudi-ai-startup-infobrim-secures-angel-funding-at-3-5m-valuation/

Saudi artificial intelligence startup Infobrim has secured its first strategic angel investment at a $3.5 million valuation, as the Riyadh-based company looks ...

News Saudi Arabia: Top Banks In Saudi Arabia

Published on: Thursday 12 March 2026
Top Banks In Saudi Arabia
News source: https://gfmag.com/banking/top-banks-in-saudi-arabia/

From the first oil discoveries to the ambitious economic diversification of Vision 2030, Saudi Arabia's banks have been indispensable partners in the Kingdom's transformation.

News Saudi Arabia: Syria and Saudi Arabia sign multibillion-dollar investment deals to boost economy

Published on: Friday 06 February 2026
Syria and Saudi Arabia sign multibillion-dollar investment deals to boost economy
News source: https://www.kare11.com/article/syndication/associatedpress/syria-and-saudi-arabia-sign-multibillion-dollar-investment-deals-to-boost-economy/616-1838f63e-aecf-4d90-b477-8730551ca57f

DAMASCUS, Syria(AP) — Syria and Saudi Arabia signed multibillion-dollar investment agreements on Saturday, including a major telecommunications project, a low-cost joint airline and an international ...

News Saudi Arabia: Saudi Arabia launches multibillion-dollar AI venture

Published on: Monday 12 May 2025
Saudi Arabia launches multibillion-dollar AI venture
News source: https://siliconangle.com/2025/05/12/saudi-arabia-launches-multibillion-dollar-ai-venture/

Saudi Arabia is launching a company to invest in artificial intelligence models and infrastructure, the Financial Times reported today. The venture is set to be known as Humain. It will be chaired by ...

News Saudi Arabia: Saudi’s salary scenario: Where the biggest paydays, hottest jobs will be in 2026

Published on: Sunday 04 January 2026
Saudi’s salary scenario: Where the biggest paydays, hottest jobs will be in 2026
News source: https://gulfbusiness.com/en/2026/saudi-arabia/saudi-salary-biggest-paydays-hottest-jobs-in-2026/

Saudi Arabia is heading into 2026 with a confident, increasingly mature labour market shaped by economic stability, national transformation projects, and a strengthened supply of technical and ...

News Saudi Arabia: Saudi Arabia’s skill-based work permit system reshapes expat employment landscape

Published on: Saturday 19 July 2025
Saudi Arabia’s skill-based work permit system reshapes expat employment landscape
News source: https://saudigazette.com.sa/article/653541/SAUDI-ARABIA/Saudi-Arabia-introduces-skill-based-work-permits-for-expats-under-Vision-2030-reforms

RIYADH — Saudi Arabia's new skill-based work permit system marks a major shift in the Kingdom’s labor market regulation, aligning directly with the goals of Vision 2030 to foster a knowledge-based ...

News Saudi Arabia: Saudi Arabia Moves to Fill Its East-West Pipeline to Capacity, Adding Oil Supply to Markets

Published on: Wednesday 11 March 2026
Saudi Arabia Moves to Fill Its East-West Pipeline to Capacity, Adding Oil Supply to Markets
News source: https://www.instituteforenergyresearch.org/fossil-fuels/gas-and-oil/saudi-arabia-moves-to-fill-its-east-west-pipeline-to-capacity-adding-oil-supply-to-markets/

The International Energy Agency has recommended the largest release in history from its strategic reserves over two months.

News Saudi Arabia: Saudi Arabia And Gulf Allies Reportedly Discussing Withdrawing From US Contracts Amid Rising Iran Tensions

Published on: Friday 06 March 2026
Saudi Arabia And Gulf Allies Reportedly Discussing Withdrawing From US Contracts Amid Rising Iran Tensions
News source: https://www.ibtimes.com/saudi-arabia-gulf-allies-reportedly-discussing-withdrawing-us-contracts-amid-rising-iran-tensions-3798677

Gulf nations are reviewing their investment commitments to the US due to the ongoing Iran conflict, impacting global economies.

News Saudi Arabia: Saudi Arabia's Biggest Oil Refinery Halts After Drone Attack

Published on: Sunday 01 March 2026
Saudi Arabia's Biggest Oil Refinery Halts After Drone Attack
News source: https://financialpost.com/pmn/business-pmn/saudi-arabias-biggest-oil-refinery-halts-after-drone-attack

Aramco halted operations at Saudi Arabia’s largest refinery at Ras Tanura on the Persian Gulf coast after a drone strike in the area, according to people familiar with the matter.

News Saudi Arabia: The Impact of Ibn Baz’s Fatwa on the Cryptocurrency Market in the UAE and the Gulf States

Published on: Friday 20 February 2026
The Impact of Ibn Baz’s Fatwa on the Cryptocurrency Market in the UAE and the Gulf States
News source: https://northpennnow.com/news/2026/feb/20/the-impact-of-ibn-bazs-fatwa-on-the-cryptocurrency-market-in-the-uae-and-the-gulf-states/

A detailed analysis of the impact of Sheikh Abdul-Aziz ibn Baz’s fatwa on the crypto market in the UAE, Saudi Arabia, and the Gulf states in 2025–2026. Sharia, halal crypto, regulation, ADNOC Profit, and strategies.

News Saudi Arabia: Saudi Arabia’s AI venture Humain invests $3bn in Elon Musk’s xAI

Published on: Wednesday 18 February 2026
Saudi Arabia’s AI venture Humain invests $3bn in Elon Musk’s xAI
News source: https://www.ft.com/content/c3b9036e-f385-4b13-9cb0-d12f5848caba

Saudi Arabia’s state-owned AI company Humain has invested $3bn in Elon Musk’s xAI, deepening the partnership between the tech billionaire and the country as it seeks to become a global AI hub.

News Saudi Arabia: Saudi merchandise imports down to SAR 77.4B in November

Published on: Monday 02 February 2026
Saudi merchandise imports down to SAR 77.4B in November
News source: https://www.argaam.com/en/article/articledetail/id/1877300

Saudi Arabia’s merchandise imports declined 0.2% year-on-year (YoY) to nearly SAR 77.4 billion in November 2025, marking the firstannual decline in ab ...