Saudi football’s long game for 2034.

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WHAT WE’RE TRACKING TODAY

THIS MORNING: Saudi crude exports to US hit zero in July for first time since 1985

Good morning, friends. Saudi Arabia is playing a long game as it looks toward 2034, overhauling its footballing DNA to turn global attention into a self-sustaining powerhouse. Elsewhere, the retail sector is signaling confidence in Madinah’s long-term growth as Apparel Group locks in 24 brands for KEC's Multaqa AlMadinah Mall.

BUT FIRST- A fire broke out at Aramco’s Jazan refinery early yesterday, which the Houthis claimed they targeted with a drone. The militant group said that the strike was in retaliation for Saudi Arabia’s breach of the Arab country’s airspace with drones in Saada and Hajjah, military spokesperson Yahya Saree said on X. The fire was later extinguished, with no injuries reported, the Energy Ministry said on X.

The Houthis are escalating their attacks: The attacks follow recent Houthi shelling in Najran, which led to the injury of 11 civilians, with the group also claiming a strike on a Saudi base in eastern Yemen. Jazan was also struck last month, damaging the refinery’s gasification complex and tank farm. Aramco CEO Amin Nasser said last week that those recent attacks led to some production interruptions but had no material operational impact.

Destination Sahel Issue III drops this week, and we’re diving into how the North Coast is adapting to a changing market.

Developers are recalibrating as buyer behavior shifts, luxury retail is carving out a bigger piece of Sahel’s economy, and the wellness and sports scene has become a summer destination on its own.

In this issue, we get into what’s actually changing on the ground, from how developers are adjusting their pitch to where to shop and how to stay active this season.

Coming straight to your inbox on Wednesday, 12 August.

US-bound crude exports fall to zero

Saudi crude exports to the US fell to zero throughout July, the first full month without Saudi shipments since 1985, Bloomberg reports, citing preliminary Energy Information Administration data. The drop marks a sharp reversal from 1Q this year, when US refiners were taking an average of more than 500k bbl / d of Saudi oil, roughly 15.5 mn barrels a month.

A second disruption layered on top of Hormuz is behind the shift. The Kingdom had been routing crude west through the East-West pipeline to Yanbu to sidestep the strait, but last month’s Houthi threats against vessels calling at Saudi ports in the Red Sea made that bypass commercially risky for Western firms, closing off both routes at once.

Venezuela is the clearest beneficiary: US imports of Venezuelan crude rose to 18.2 mn barrels for the month, roughly 586k bbl / d, from a monthly average of around 15.2 mn barrels in 2Q.

The halt may prove temporary: Saudi shipments to the US are expected to recover to around 300k bbl / d in August, Bloomberg adds, citing Kpler data.

Aramco reduces Arab Light crude price

Aramco cut its Arab Light crude price for Asian buyers by USD 0.5 per barrel for September, dropping USD 2 below the regional benchmark and marking the fifth-lowest price set by Saudi Arabia since 2000, Bloomberg reports, citing a price list. The cut comes as some GCC producers continue to move crude through Hormuz ahead of an anticipated agreement to reopen the waterway, while Saudi shipments through the strait remain muted.

The final price paid by refiners may differ from the official price, with additional pipeline and logistics costs for supplies routed through Yanbu or Egypt’s Sidi Kerir. Aramco also raised prices for its Arab Medium and Arab Heavy crude grades for Asia, although those barrels are mainly theoretical, as they are typically shipped through Hormuz, while cutting prices across all grades for buyers in the US, Northwest Europe, and the Mediterranean. CEO Amin Nasser previously said that Aramco maintained crude exports at around 5 mn bbl / d, about 70% of normal levels.

REMEMBER- Iran and Oman are reportedly nearing an agreement on a new shipping route through the Strait of Hormuz, but reopening the waterway would depend on several conditions, including an end to the US naval blockade and sanctions, the withdrawal of regional troops, payment of war reparations, and the unfreezing of Iranian assets.

Ladun, Armah are making the jump to TASI

Ladun Investment got Tadawul’s approval to transfer its shares from Nomu to the main market effective 9 August, it said in an announcement. The company has SAR 500 mn in capital divided into 500 mn shares.

The timeline: Ladun will continue trading on Nomu until the end of the 10-session period for publishing its transfer document. Trading will then be suspended for up to five sessions as the transfer takes effect, with TASI to announce the listing date on the main market once procedures are completed.

REMEMBER- The company re-submitted its application to transfer from the Nomu parallel market to the main market last month, after hitting the brakes on its move late last year.

ALSO- Armah Sports received the Saudi Exchange’s approval to transfer from the Nomu parallel market to the main market, according to an announcement. The company has capital of SAR 328.6 mn, divided into 32.9 mn shares, and also submitted its application to transfer last month.

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The big story abroad

Today’s front pages are led by geopolitical developments on two fronts rather than corporate news. Here are the latest regional headlines, followed by highlights in the business press:

Hormuz resolution stalls: While Oman and Iran have yet to reach an agreement on transit through Hormuz, US President Donald Trump signaled a patient approach, saying Washington can afford to wait out the conflict as the Islamic Republic faces deepening economic woes. Trump indicated that Iran’s rising inflation and dwindling funds will put pressure on Tehran at the negotiating table.

Tehran reiterated that it will not engage in direct talks with the US, with Foreign Minister Abbas Araghchi citing Washington’s violations of the interim truce reached in July. Meanwhile, Iran’s top security official, Mohammad Bagher Zolghadr, has resigned and been replaced by fellow veteran and Revolutionary Guard commander Mohsen Rezaei.

On the Hamas-Israel front: Israeli Prime Minister Benjamin Netanyahu rejected a 15-point US-backed framework to disarm Hamas, pushing back at the suggestion that the IDF withdraw from Gaza. Hamas offered only conditional approval of the roadmap, tying weapon handovers to Israeli withdrawals and Palestinian statehood.

Asia’s carmakers swoop in on US market: With the conflict with Iran keeping fuel prices elevated, Asian carmakers Toyota and Hyundai have capitalized on surging US demand for hybrid vehicles, recording y-o-y sales increases of 22% and 62% respectively in July, according to data from RBC Capital Markets. Toyota, Hyundai, and Honda account for 86% of the US hybrid market, with Ford pickups making up most of the remainder.

China shifts strategy to fund tech scene: Chinese tech companies raised around USD 217 bn via IPOs and bond sales over the past two years, less than a sixth of the amount secured by US giants like Amazon and Alphabet, according to Bloomberg data. Tapping capital markets instead of relying solely on subsidies marks a shift for Beijing, unlocking USD 25 tn in household savings and providing local firms with low-cost funding.

What Saudi football needs to succeed in 2034

Saudi Arabia is trading short-term splashes for a decade-long grind as it overhauls its footballing DNA. We talked to football experts about what it takes for Saudi’s national team and football ecosystem ahead of the 2034 World Cup.

Saudi Arabia’s 2026 World Cup showing is a step toward stronger results in 2034, but parts of the industry still need to evolve. The football industry takes time to develop, and the 2026 campaign highlights why Saudi continues to invest in its clubs and national team to build toward better results when it hosts the tournament in 2034, Deloitte Middle East’s Sports and Tourism leader Hassan Malik tells EnterpriseAM.

The current strategy in a nutshell: The Kingdom aims to balance local player pathways with investments in world-class talent and infrastructure, Malik says. Mahd Sports Academy is the Kingdom’s national talent-identification platform, scouting boys and girls from age six before feeding top prospects into SAFF’s Regional Training Centers and the Future Falcons pathway. “This integrated system will continue to deepen at every level, from elite club football through to early-age talent identification.”

Advanced selection and leadership

The ecosystem still needs to push further in competitive development and coaching, University Campus of Football Business’ Sport Finance Expert Professor Rob Wilson tells EnterpriseAM. “Strengthening grassroots participation, expanding elite academies, and increasing [prospects] for young Saudi players to gain meaningful competitive minutes could further enhance the national team’s depth.”

This is an “evolution rather than a change in direction,” Wilson says. He emphasized that the next step after gaining global attention through top signings is to invest in leadership education, especially the role of the sporting director, academies, coaching, sports science, and talent identification so the benefits become “embedded across the entire football pyramid.”

Success stories

International exposure is necessary: Saudi players require more international experience and tactical maturity by encouraging them to compete in top overseas leagues, Wilson says. This would introduce them to different playing styles and higher-intensity competition, complementing local investments and getting those players ready for major tournaments.

Several foreign federations offer useful success stories: Saudi Arabia can draw lessons from Japan, Germany, England, and France, including Japan’s long-term development discipline, Germany’s coaching and academy standards, England’s commercial strength and elite infrastructure, and France’s talent identification systems, Malik says.

External bodies needed

The country lacks an external body benchmarking the national team pathway against the world, Hamad Bin Khalifa University’s Sports Management Professor Christos Anagnostopoulos tells EnterpriseAM. “So money gets spent across the system, but nobody outside it is really checking whether the national team pipeline is being built the right way.”

Academies also need to be held accountable: Funding isn’t the main issue when it comes to academies, but it's the entities that follow up on their performance, Anagnostopoulos says. They require independent monitoring and evaluation, with external partners handling certification rather than the federation grading its own homework. Other priorities are protecting academies and coaching budgets through clear rules and building a pipeline of licensed Saudi coaches.

What’s next for Saudi football?

Which KPIs should we keep an eye on? Wilson believes the success of development strategies can be measured by the number of Saudi players progressing into elite competition, improvements in coaching quality, academy productivity, and youth participation. Progress should also be seen through independent academy accreditation scores, the share of Pro League minutes played by academy graduates, coaching-license density against international standards, and national team rankings across three or four cycles, Anagnostopoulos said.

“The next phase is likely to shift from rapid expansion toward optimization,” Wilson says. Saudi Arabia is likely to give more attention to shifting financial investment into institutional excellence through talent development, stronger governance, improved club operations, and the creation of a self-sustaining football ecosystem, he adds. “If that transition is successful, Saudi football will be judged less by the players it attracts and more by the players, coaches, and clubs it consistently develops.”

Apparel Group locks in 24 brands, including 10 Madinah debuts, for KEC's Multaqa AlMadinah Mall

Apparel Group is making one of its biggest single wagers on Madinah’s retail scene. The Dubai-based retail and lifestyle conglomerate has agreed to bring 24 international retail and dining brands into Knowledge Economic City’s (KEC) Multaqa AlMadinah Mall, with 10 of them opening in the Holy City for the first time, the two companies said in a joint statement seen by EnterpriseAM. The agreement makes Apparel Group the mall’s anchor retail partner, and it’s a wager that Madinah’s organized retail and dining supply hasn’t kept pace with the size of its resident, visitor, and pilgrim base, KEC's new CEO Moath Al Yahya tells EnterpriseAM.

The numbers: Twenty-four brands across 8.7k sqm, spanning 18 fashion, lifestyle, and specialty retail concepts and six F&B concepts, in what the two companies are billing as one of the most comprehensive retail and dining portfolios ever assembled at a single Madinah destination.

The debuts: Ten of the 24 brands are entering Madinah for the first time: Nando’s, Koton, Wagamama, Birkenstock, Kyra Labs, Levi's, Forever New, Rituals, Babies & More, and Cakes & Bubbles.

The site: Multaqa AlMadinah Mall anchors a larger mixed-use development on King Abdulaziz Road that will also house a 390-key Hilton hotel, 66 Hilton-branded residences, and commercial office space. It’s KEC's pitch for an integrated shop-dine-stay-work destination rather than a standalone mall.

Filling a gap: Madinah is one of the world’s most-visited cities, but its organized, international-standard retail and dining offering “has not historically matched the scale or diversity of its resident and visitor base,” Al Yahya tells us. That’s the gap the 24-brand rollout is meant to close, broadening the choice on offer for residents, visitors, and the mns of pilgrims who pass through the city every year.

The economics, from KEC’s side: Al Yahya does not share with us what Apparel Group is putting into individual stores, but he says the scale of the space and the brand count make this one of the largest single retail commitments secured for Multaqa AlMadinah to date. The payoff for KEC extends past the lease line, he says: locking in 24 brands in one go strengthens occupancy and tenant mix, speeds up leasing momentum ahead of opening, and is already helping pull in interest from other regional and international retail and F&B groups as KEC rounds out the tenant roster before the mall opens.

Wagering on residents, too: Madinah’s retail pitch usually leans on Hajj and Umrah traffic, but Al Yahya frames demand more broadly. While Umrah and religious visitation give the city a “strong and recurring demand base alongside Hajj,” Multaqa AlMadinah is designed to double as an everyday destination for residents rather than a pilgrimage-season play — the aim being a mall that doesn’t need peak periods to fill up, he says.

Asked whether the 24 brands reflect a supply gap or genuine demand growth, Al Yahya says it's both: Madinah has historically been undersupplied in international-standard retail and dining relative to its market size, even as demand keeps climbing on the back of rising visitor numbers, population growth, and wider investment in the city.

Why it matters: This isn’t KEC’s first tenant victory this year, and it won’t be its last. Danube Food & Luxuries signed on for a 3.6k sqm anchor grocery store at Multaqa AlMadinah earlier this year, while KEC has separately been offloading development risk on adjacent land parcels through partnership-funding agreements with Alrashid Properties and, most recently, BSF Capital and Fourmen Investment.

Background: Apparel Group runs more than 2.6k stores and over 85 international and homegrown brands across 14 countries, steadily deepening its Saudi footprint through brand launches and destination-led partnerships. Multaqa AlMadinah is the retail heart of KEC’s flagship mixed-use development in Madinah, developed under the Economic Cities and Special Zones Authority.

MoneyHash integrates Azm Fintech’s Edaat platform for Saudi merchants

MoneyHash has partnered with Azm Fintech to connect merchants to Saudi Arabia’s digital payments ecosystem through Edaat, Azm’s licensed billing and collections platform, the company said in a press release. “Instead of building and maintaining separate integrations, businesses can access Sadad through Edaat’s gateway through their existing MoneyHash integration,” KSA Country Director and General Manager at MoneyHash Abdullah Khayat tells EnterpriseAM.

Faster, leaner payments: “Across our platform, we’ve seen customers reduce operational effort by up to 65% and accelerate time to market for new payment integrations by up to 80%. While the exact impact of this partnership will vary depending on each merchant’s payment setup and scale, bringing these local capabilities into the MoneyHash ecosystem enables businesses to achieve those efficiencies while accessing trusted payment infrastructure in the Kingdom,” Khayyat says.

Target audience: “We see value across all customer segments, but businesses with growing payment operations are likely to benefit the most,” Khayat says. Large enterprises gain operational efficiency by centralizing payment management, while fast-growing digital businesses and e-commerce merchants can expand their payment capabilities without increasing integration complexity. SMEs also benefit by accessing enterprise-grade payment infrastructure without significant development resources.

The platform is industry-agnostic, but MoneyHash aims for particularly strong demand from sectors with high transaction volumes and complex payment operations, including retail, e-commerce, travel, digital services, fintech, and marketplaces.

The Saudi orchestration market itself has matured, Khayat says. Awareness has grown noticeably across sectors, compared to a couple of years ago. “Now we’re seeing people recognize the real, tangible value of having an orchestration layer: not just as a nice-to-have, but as something that solves genuine operational pain points. That awareness shift is accelerating adoption faster than I expected.”

Biggest pain points: Fragmentation is one of the big pain points in the Saudi market, according to Khayat. As businesses grow, they often end up managing multiple payment providers, local payment methods, reporting systems, and reconciliation processes independently.

ALSO- Azm Fintech is another step in expanding partnerships. MoneyHash sees building a strong local ecosystem as central to its Saudi strategy. “We continue to expand our network of payment providers, fintech partners, and financial institutions, giving merchants access to the capabilities they need through a single integration,” Khayat adds.

Saudi Ground, Tanmiah Food, Fakeeh Care, Al Mawarid, Saudi Manpower report 2Q 2026 earnings

Fakeeh Care

Dr. Soliman Abdel Kader Fakeeh Hospital (Fakeeh Care) posted a 29.5% y-o-y decline in net income to SAR 57.9 mn in 2Q 2026, according to a Tadawul disclosure. Revenue fell 1.6% to SAR 798.9 mn.

The main reasons: The decline in net income was driven by higher depreciation and amortization at DSFH Madinah, one-off transaction costs related to acquisitions and new projects, pre-operating expenses for Medical Center Al Awali in Makkah, and higher finance costs.

Net income in 1H declined 37.6% to SAR 96.3 mn from SAR 154.3 mn a year earlier. Revenue, meanwhile, increased 0.7% to SAR 1.52 bn.

Tanmiah Food

Tanmiah Food’s net income rose to SAR 19 mn in 2Q, compared with SAR 0.5 mn a year earlier, according to a Tadawul filing. Revenue also rose 21.5% y-o-y to SAR 789.2 mn in the same period.

Agribusiness led growth: The company attributed this improvement to pricing and the ongoing Popeyes turnaround that lifted earnings. Agribusiness revenue rose across key segments, with fresh poultry up 17.5% y-o-y and animal feed and health products up 37.2%. Restaurant operations revenue, meanwhile, rose 23.1%, supported by stronger like-for-like sales.

1H net income declined 8.2% y-o-y to SAR 17.8 mn, despite a 14.6% increase in revenue to SAR 1.52 bn. This decline was mainly driven by higher financing and ramp-up costs linked to the company’s expansion program, alongside higher feed, logistics, ins., selling, and distribution expenses.

Al Mawarid

Al Mawarid Manpower reported a 54.5% increase in net income to SAR 50 mn in 2Q, while revenue rose 25.4% to SAR 783.2 mn, according to a Tadawul filing. The growth was driven by a 16% increase in average workforce and stronger demand across corporate and individual segments.

Net income in 1H reached SAR 102.2 mn, up 64% y-o-y, while revenue increased 27.1% to SAR 1.54 bn.

Saudi Ground

Saudi Ground Services swung to a net loss of SAR 56.6 mn in 2Q 2026 from SAR 99.4 mn a year earlier, according to a Tadawul disclosure. Revenue also fell 7.8% y-o-y to SAR 635.1 mn.

1H income nearly wiped out: For 1H 2026, the company posted net income of just SAR 3.9 mn, down 98% y-o-y from SAR 197 mn. Revenue, meanwhile, declined 3.9% to SAR 1.31 bn.

Behind the decline: The company attributed the decline to lower operational activity and SAR 130.8 mn in higher operational expenses related to maintaining readiness and resources for the Hajj and Umrah season. This impact was partially offset by a decrease in zakat expenses by SAR 39.3 mn compared to the same period last year.

Saudi Manpower

Saudi Manpower Solutions reported a 51.1% y-o-y increase in its net income to SAR 44.6 mn in 2Q 2026, according to a Tadawul disclosure. Revenue rose by 11.1% to SAR 570.7 mn during the same period. The performance was attributed to greater demand in the individuals segment, lower provisions for supplier payment losses, higher other income, and lower losses from the firm’s investments in Waad Khadmat Al Munzal for Marketing.

The half-year performance told the same story, with the net income climbing by 33.1% y-o-y to SAR 93.2 mn, while the revenue increased by 11.5% y-o-y to SAR 1.13 bn.

Aramco Ventures-led round raises USD 9.5 mn for Mitti Labs

Aramco Ventures led a USD 9.5 mn Series A round raise by Indian climate tech startup Mitti Labs, bringing its total funding since its 2023 launch to USD 12.5 mn, Mitti Labs said in a press release. Other investors include Lightspeed India, Godrej Industries, Cisco Foundation, and Volta Circle.

Rice meets GeoAI: Mitti Labs has developed a GeoAI platform that combines satellite imagery, field monitoring, and specialized physical models to build digital twins of individual rice fields, in collaboration with Nasa. The technology tracks soil moisture, crop health, flooding, and environmental impacts at the field level.

Moody’s warns bank AI race risks “systemic dependency” on Silicon Valley

Could AI leave banks beholden to a handful of tech vendors? Banks racing to build AI into their operations risk becoming dependent on a small cluster of Silicon Valley models and cloud providers, The Guardian reports, citing a research note by Moody’s. The credit rating agency warns the trend could expose lenders to outages and pricing power wielded by profit-hungry tech firms.

The catch: Moody’s expects AI to eventually cut costs and lift revenue across banking but says that will require heavy upfront investment. However, competitive pressure, with rivals racing toward the same tools, will erode much of the payoff. The agency also flagged rising exposure to data privacy failures, cybersecurity gaps, fraud, and the risk of customers shifting large deposits between accounts at short notice as AI makes switching easier.

The concentration problem: Moody’s argues that leaning on a narrow set of foundation-model and cloud providers creates a “systemic dependency” — the report’s own term for a scenario where a single major outage could ripple across customers and entire sectors. It named OpenAI and Anthropic specifically, pointing out both are under pressure from investors to reach profitability despite ongoing losses — pressure Moody’s believes could eventually give those vendors leverage over the pricing terms of the institutions that build on their models.

Adoption is already deep. More than three-quarters of UK financial services firms use AI today, according to a UK Treasury select committee report. Adoption is highest among insurers and international banks, mostly for automating administrative work and handling core functions like claims processing and credit assessment. Lloyds Banking Group’s CEO Charlie Nunn has pressed ahead regardless, committing GBP 13 bn to an AI strategy that includes GBP 2 bn in cost cuts — acknowledging job impact. Moody’s separately put rough odds (about one in five) on AI matching the output of a capable mid-level employee by 2030.

Regional banks aren’t exactly waiting on the sidelines. Several GCC lenders have publicly disclosed their own AI push over the past year. Emirates NBD ranked first among 25 of the region’s largest banks in the inaugural Evident AI Index for Banks, Middle East and Africa (pdf). First Abu Dhabi Bank and Mashreq also ranked among the region’s top 10 most AI-mature banks, with Saudi Arabia’s Al Rajhi Bank the only other Gulf lender to crack the top 10. Abu Dhabi Commercial Bank, Qatar National Bank, National Bank of Kuwait, Banque Misr, Riyad Bank, Dubai Islamic Bank, Kuwait Finance House, Saudi National Bank, and Saudi Awwal Bank were also included in the index.

MARKETS THIS MORNING-

Shares across Asia rose in early trading this morning, alongside Wall Street after a soft US jobs report eased concerns over near-term rate increases. Japan’s Nikkei gained around 1.5%, while South Korea’s Kospi trailed behind at a 0.6% gain. The MSCI Asia Pacific ex-Japan Index rose 0.3%.

TASI	10,817	+0.1% (YTD: +3.1%)
MSCI Tadawul 30	1,455	+0.2% (YTD: +4.9%)
NomuC	21,934	-0.4% (YTD: -5.9%)
USD : SAR (SAMA)	USD 3.75 Sell	USD 3.75 Buy
Interest rates	4.25% repo	3.75% reverse repo
EGX30	55,125	+0.8% (YTD: +31.8%)
ADX	10,095	-0.3% (YTD: +1.0%)
DFM	5,945	+0.5% (YTD: -1.7%)
S&P 500	7,758	+0.6% (YTD: +13.3%)
FTSE 100	10,901	+0.3% (YTD: +9.8%)
Euro Stoxx 50	6,524	+0.3% (YTD: +12.6%)
Brent crude	USD 84.64	+1.3%
Natural gas (Nymex)	USD 2.72	+2.3%
Gold	USD 4,403	+0.1%
BTC	USD 65,131	+0.2% (YTD: +25.7%)
Sukuk/bond market index	907.66	-0.1% (YTD: -1.3%)
S&P Egypt Sovereign Bond Index	1,092	+0.1% (YTD: +10.0%%)
VIX (Fear gauge)	14.90	-1.7% (YTD: -0.3%)

THE CLOSING BELL: TADAWUL-

The TASI rose 0.1% yesterday on turnover of SAR 3.2 bn. The index is up 3.1% YTD.

In the green: Mutakamela Ins. (+10.0%), Wataniya Ins. (+9.9%), and Allied Cooperative Ins. Group (+9.9%).

In the red: Arabian Contracting Services (-10.0%), Saudi Printing and Packaging (-6.9%), and Red Sea International (-5.3%).

THE CLOSING BELL: NOMU-

The NomuC fell 0.4% yesterday on turnover of SAR 12.5 mn. The index is down 5.9% YTD.

In the green: Itmam Consultancy (+8.8%), Almuneef Company for Trade, Industry, Agriculture and Contracting (+8.3%), and ASG Plastic Factory (+7.4%).

In the red: Leaf Global Environmental Services (-9.9%), Basma Adeem Medical (-8.8%), and Neft Alsharq Company for Chemical Industries (-7.3%).

CALENDAR

AUGUST

30 August-1 September (Sunday-Tuesday): Saudi Paper and Packaging Expo, Riyadh International Convention & Exhibition Center.

31 August-3 September (Monday-Thursday): Leap Tech Conference, Riyadh Exhibition & Convention Center - Malham.

SEPTEMBER

8-10 September (Tuesday-Thursday): The WTM Spotlight Riyadh, Riyadh Front Exhibition & Conference Center (RFECC), Riyadh.

15-17 September (Tuesday-Thursday) The Global AI Summit, King Abdulaziz International Convention Center, Riyadh.

23 September (Wednesday): Saudi National Day.

28 September-1 October (Monday-Thursday): The International Conference on Theory and Practice of Electronic Governance (ICEGOV), Prince Sultan University, Riyadh.

OCTOBER

25-26 October (Sunday-Monday): The Global Proptech Summit, Mandarin Oriental Al Faisaliah Hotel, Riyadh.

26-28 October (Monday-Wednesday): ACHEMA Middle East, Riyadh International Convention & Exhibition Center.

26-29 October (Monday-Thursday): The Future Investment Initiative, King Abdulaziz International Conference Center, Riyadh.

28-29 October (Wednesday-Thursday): Procurement and Supply Chain Futures Forum, Mandarin Oriental Al Faisaliah Hotel, Riyadh.

28-29 October (Wednesday-Thursday): Real Estate Supply Chain Forum, Mandarin Oriental Al Faisaliah Hotel, Riyadh.

30 October-1 November (Friday-Sunday): The New Global Sport Conference, Sofitel Hotel & Convention Centre, Riyadh.

NOVEMBER

11-12 November (Wednesday-Thursday): Aluminum Arabia, The Arena, Riyadh.

16-19 November (Monday-Thursday): Cityscape Global, Riyadh Exhibition and Convention Centre (Malham), Riyadh.

29 November-1 December (Sunday-Tuesday): The UN Trade and Development Global Supply Chain Forum, Riyadh.

Signposted to happen sometime in 2026:

2H: Sabic’s USD 6.4 bn Fujian project in China to start production;
November: The Esports Nations Cup, Riyadh;
The World Economic Forum’s Global Collaboration and Growth Meeting, Jeddah;

2027

FEBRUARY

1-3 February (Monday-Wednesday): Energy Regulators Regional Association annual conference, Riyadh.

MARCH

21-25 March (Sunday-Thursday):The World Water Forum, Riyadh.

22–24 March (Monday-Wednesday): Capital Markets Forum, Four Seasons Hotel, Riyadh

APRIL

26-29 April (Monday-Thursday): World Energy Congress, Riyadh.

JUNE

1-3 June (Tuesday-Thursday): The Saudi Entertainment and Amusement Expo, Riyadh Front Exhibition and Conference Center.

Signposted to happen sometime in 2027:

The Ocean Race finishes in Amaala on the Red Sea;
Riyadh-Kudmi transmission line to be completed;
Aero Middle East and Sand & Fun takes place in Thumamah Airport, Riyadh.

Signposted to happen sometime in 2Q 2027:

The Hail Region Water Networks Project is expected to be completed.

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