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Foreign ownership of real estate is now live

1

WHAT WE’RE TRACKING TODAY

THIS MORNING: Lucid wants to cut China out of EV supply chain

Good morning, ladies and gents, and welcome to the last week of the first month of 2026. It has been quite a start to the year with geopolitical developments taking the world by storm, and we surely hope it does not set the tone for the rest of the year (although it’s looking increasingly likely this was just the warmup).

In today’s issue: The real estate foreign ownership law is now live, the Public Investment Fund raised USD 2 bn from an oversubscribed sukuk issuance, and Fitch’s BMI is bullish on our growth prospects in 2026. Let’s dive in.


WEATHER- The storm is moving out: The weather warning for heavy thunderstorms that blanketed the Kingdom over the weekend largely wraps up today. While the early hours may still see the tail end of moderate rain in Riyadh and the Eastern Province, conditions are expected to clear quickly.

  • Riyadh: 20°C high / 11°C low.
  • Jeddah: 31°C high / 24°C low.
  • Makkah: 32°C high / 24°C low.
  • Dammam: 22°C high / 14°C low.

Watch this space

AUTO — PIF-backed Lucid is taking its Saudi localization strategy a step further, extending plans beyond vehicle assembly to include sourcing rare-earth magnets from Saudi suppliers, CEO Marc Winterhoff told Semafor on Friday. The EV maker is looking to source output from a rare earths processing plant planned by Ma’aden in partnership with the US-based PM Materials, Winterhoff said. The move would anchor the entire EV supply chain within the Kingdom.

Global dynamics are at play: Turning to Saudi suppliers would effectively cut China out of Lucid’s supply chain as early as this year, after the world’s largest supplier of rare earths imposed export restrictions last year amid escalating trade tensions with the US. “We are well underway to move completely away from China in 2026,” Winterhoff added.

BACKGROUND- Lucid expects its first Saudi-made vehicle to roll off the line before the end of the year at its factory in King Abdullah Economic City, where construction wrapped up in December. The plant will have an annual capacity of 150k units, mostly for export, and will later expand production to include existing models, such as Air and Gravity.


ENERGY — The European Union is likely to sign an energy MoU with Saudi Arabia soon, outlining an organized framework for cooperation in energy transition and sustainability, EU Ambassador to Saudi Arabia Christophe Farnaud told Aleqtisadiah on Thursday. Farnaud expects that the Kingdom’s second-largest trade partner will boost its investments in Saudi over the next five years, up from EUR 30.7 in 2023 — 29% of the Kingdom’s direct foreign investments.


TRANSPORT — Don’t expect to see the Uber-WeRide robotaxi across the country just yet, with the partnership between the ride-hailing platform and the autonomous driving tech player mainly focused on broadening coverage within Riyadh for the time being, Uber’s Head of Autonomous Mobility in the Middle East Mohamad Jardaneh tells EnterpriseAM. “This deployment lays the groundwork for broader expansion in Saudi Arabia as regulatory frameworks continue to evolve,” he said.

As things stand: Three months post-launch, Uber and WeRide’s autonomous robotaxi service remains focused on the initial geofenced route linking Roshn Front and Princess Noura University with human safety drivers onboard. Jardaneh said the rollout was met with “strong early interest” from commuters. He did not disclose the specific number of WeRide AVs available on the Uber app in the Kingdom — the Transport General Authority had aimed to have 20 AVs running by the end of 2025.


SPORTS — Gov’t delays 2029 Asian Winter Olympics at Neom: The Saudi Olympic and Paralympic Committee and the Olympic Council of Asia have jointly agreed to defer the 2029 Asian Winter Games, which were originally scheduled to take place at Neom’s Trojena mountain resort. The government will reportedly negotiate a new date for the event, Reuters reported, citing an unnamed source at the Saudi Olympic Committee.

Expect other winter sports events in the meantime: Under a revised agreement, Saudi Arabia will organize several independent winter sports competitions over the next few years. This is intended to boost interest in winter sports and cultivate a local talent base, the statement said.

Data point

[wwtt] 7.4 mn bbl / d — that’s the volume of Saudi Arabia’s crude oil exports in November, rising m-o-m by 278k bbl / d to hit the highest level since March 2023, according to Jodi data. Crude production also rose by 48k bbl / d to reach 10.1 mn bbl / d. Meanwhile, crude oil refined by refineries dropped by 152k bbl / d to 2.6 mn bbl / d, while direct crude burn also edged down by 76k bbl / d to 317k bbl / d.

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The big story abroad

US President Donald Trump has threatened Canada with a 100% tariff if it strikes a trade pact with China, accusing Canadian Prime Minister Mark Carney of turning the US’ northern neighbor into a “Drop Off Port” for Chinese goods. The trade escalation comes days after Carney announced a partnership with Beijing — its second largest trading partner after the US — to mutually reduce tariffs on certain products, including Chinese electric vehicles and Canadian agricultural products.

Meanwhile, a massive winter storm is making its way through the US, triggering power outages and more than 4k flight cancellations. Over 22 states have declared a state of emergency as they brace for the cold.

ALSO WORTH READING THIS MORNING- Europe risks being overtaken by the US and China if it doesn’t spur business practices, business elites departing Davos have said, pointing the finger at the continent’s bureaucratic obstacles, over-regulation, and lack of consolidation in resources. (Bloomberg)

Circle your calendar

Jeddah will host the World Economic Forum’s (WEF) Global Collaboration andGrowth Meeting on 22-23 April 2026, state news agency SPA reported. The meeting, themed “Building Common Ground and Reviving Growth,” was announced by Economy and Planning Minister Faisal Alibrahim during his closing remarks at the WEF annual meeting in Davos.

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THE BIG STORY TODAY

Foreign Property Ownership law goes live as CMA issues corporate controls

The Foreign Property Ownership Law is now live, after taking effect on Thursday, the Real Estate General Authority (Rega) said in a statement. The regulations, first released in July, allow non-Saudi individuals and institutions to own properties and hold real estate rights across different regions of the Kingdom.

REFRESHER- Beyond opening up individual residency, corporate and diplomatic entities can now own property in the Kingdom. Non-listed foreign companies can acquire property for operational use or employee housing within designated zones after completing official registration, while listed companies must comply with Tadawul regulations.

What we don’t know

Executive regs are scheduled for release in 1Q 2026, along with the Geographic Zones document — which will include maps of the approximately 170 designated zones, ownership percentages, and usufruct durations. Ownership in Makkah and Madinah will remain restricted to Saudi companies and Muslim individuals until then.

How to apply

Applications will be processed through the Saudi Properties digital platform, integrated with the national real estate registry. Residents can apply directly using their Iqama, with eligibility verified automatically, while non-residents must first obtain a digital identification number through embassies or consulates before completing the process online.

Foreign companies without a local presence are required to register with the Investment Ministry via the Invest Saudi platform and obtain a unified registration number before applying electronically.

Corporates also got new rules

Listed companies can now hold real estate in Makkah and Madinah for non-HQ purposes, provided no foreign strategic investor holds their securities and non-Saudi ownership stays at or below 49%, according to new controls (pdf) from the Capital Markets Authority (CMA). Non-Saudis can also subscribe to investment funds owning real estate nationwide, including the holy cities.

Why this matters: The change opens the door for REITs and listed developers to diversify their portfolios in previously untouchable high-value zones.

** Want to dive deeper? Check out our in-depth review of real estate reforms in 2025

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DEBT WATCH

PIF locks in USD 2 bn from its 2026 debut sukuk issuance

The Public Investment Fund (PIF) raised USD 2 bn in its first debt sale of 2026, a USD-denominated, 10-year sukuk issuance that saw strong enough demand to price significantly tighter than expected, according to IFR data picked up by Al Arabiya.

Still hot: The sale was more than 5x oversubscribed, with an order book over USD 11 bn — excluding joint lead manager interest. The sukuk landed at a yield of 5.13% — roughly 85 basis points over US Treasuries — a sharp drop from the 120 bps initially signaled to the market.

Why it matters

The level of appetite is a vote of confidence in the PIF’s credit story as it enters its most capital-intensive year yet. The fund plans to deploy USD 70 bn annually starting this year, with the majority of capital directed toward domestic development. The fact that global investors squeezed pricing by 35 bps suggests that the fund’s appetite for leverage hasn’t spooked the markets.

What’s next: With USD 2 bn in the bag, the PIF has set a confident floor for the year’s capital raises. The PIF is expected to remain a frequent issuer throughout the year as it bridges the funding gap for projects like Neom and Diriyah Gate, particularly if the Federal Reserve cuts interest rates further later this year.

ADVISORS: The fund tapped Citi, JPMorgan, and Standard Chartered as global coordinators. ADCB, ADIB, Bank of China, Dubai Islamic Bank, Emirates NBD, First Abu Dhabi Bank, GIB Capital, HSBC, ICBC, Mashreq, and Sharjah Islamic Bank were all joint lead managers and bookrunners.

More big players are dabbling in debt issuances

Saudi Arabian Mining Company (Maaden) kicked off a USD-dominated trust certificates sale running through 29 January, it said in a bourse filing on Thursday. The certificates will be issued through a special purpose vehicle, with subscriptions starting at USD 200k and offered in increments of USD 1k.

ADVISORS: Joint lead managers include Albilad Capital, AlJazira Capital, Arab Banking Corporation, Bank of China Hong Kong Branch, BNP Paribas, Citibank, Goldman Sachs International, HSBC, JPMorgan, KFH Capital, Merril Lynch International, Mizuho International, Natixis, and SNB Capital.

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ECONOMY

BMI lifts Saudi 2026 growth forecast to four-year high of 4.8%

Fitch Solutions’ research unit BMI revised its 2026 growth forecast for Saudi Arabia upward to 4.8%, 0.7 percentage points up from its October projection, signaling the Kingdom’s strongest economic performance in four years, MENA Country Risk Senior Analyst Mariette Kas-Hanna said in a webinar attended by EnterpriseAM. The upgrade follows an estimated 4.5% expansion in 2025.

BMI’s outlook remains more bullish than other forecasts, with the IMF recently upgrading the Kingdom’s growth forecast to 4.5% in 2026 and the World Bank expecting growth to be slightly lower at 4.3% in 2026. Meanwhile, the Finance Ministry anticipates GDP growth to reach 4.6% this year.

The drivers

The significant ramp-up in hydrocarbons is expected to accelerate growth, with oil production seen rising by 8.2% as Opec+ continues to phase out production curbs. This higher oil production, combined with robust growth in non-oil exports and re-exports, will significantly increase the net export contribution to GDP.

Fresh investments are on the way: “The Public Investment Fund’s (PIF) new five-year plan will inject fresh momentum to investment activity,” Hanna said, adding that cheaper funding due to lower interest rates will also encourage corporates to lift capex.

Private consumption remains a key stabilizer, supported by an expanding population and strategic government interventions — such as the Riyadh rent freeze — to keep a lid on inflation. However, Hanna notes that the rapid labor force expansion seen since 2018 may have peaked, “which will limit the upside for domestic demand.”

The GCC at large

The GCC is shaking off its sluggishness to enter a high-growth cycle, with its aggregate real GDP forecast to hit 4.8% in 2026, up from a projected 4.2% in 2025, as the region moves past Opec+ production curbs and doubles down on diversification.

As for inflation and monetary policy: Inflation is projected at a negligible 1.7% for the region, up from an anticipated 1.2% in 2025, driven by price pressures in non-oil commodities. GCC central banks are expected to follow the US Federal Reserve with 50 bps rate cuts in 2026, with Kuwait being the exception due to its peg to a distinct currency basket.

Downside risks: The GCC’s ability to export oil would be severely undermined should regional tensions disrupt shipping routes, potentially offsetting any gains from higher oil prices. A sharper-than-expected drop in oil prices — below BMI’s baseline of USD 67 / bbl — or a worsening global macro environment could also temper the current growth trajectory.

(** Tap or click the headline above to read this story with all of the links to our background and outside sources.)

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Investment Watch

Aramco Ventures joins USD 110 mn deep-tech round

Aramco Ventures joined a USD 110 mn funding round for Austin-based chipmaker Neurophos, co-investing alongside Bill Gates’ Gates Frontier, Microsoft’s M12, Bosch Ventures, Tectonic Ventures, and Space Capital, according to Bloomberg. Neurophos is developing an optical processing unit (OPU) that uses photons (light) rather than electrons to transmit and process data, claiming its technology will be 100x more energy-efficient than current GPUs that dominate the market.

Why it matters: Traditional silicon chips are becoming increasingly difficult to cool and power at scale, as they consume huge amounts of energy. By backing Neurophos, Aramco is moving beyond being a mere consumer of chips to owning the intellectual property of the “post-silicon” era. The move follows Aramco’s CEO Amin Nasser’s recent signal at Davos that Aramco is pivoting toward deep-tech AI to boost its operations and reduce costs.

MEANWHILE- Aramco Ventures is gearing up to attract as many as 100 global AI startups to the Kingdom, CEO Mahdi Aladel told Asharq Business on the sidelines of the World Economic Forum in Davos.

(** Tap or click the headline above to read this story with all of the links to our background and outside sources.)

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EARNINGS WATCH

Aldrees Petroleum posts 4Q 2025 results

Fuel retailer Aldrees Petroleum and Transport Services saw its net income rise 7.9% y-o-y to SAR 108.2 mn in 4Q 2025, driven by solid performance across its petrol and transport divisions and increased income from deposits and Sukuk, it said in a Tadawul disclosure on Thursday. Revenues rose 30.9% y-o-y to SAR 6.9 bn over the same period, driven by an expanded station network and improved transport rates.

For the full year, the company’s net income rose 22.4% y-o-y to SAR 421.8 mn, while its top line climbed 33.6% y-o-y to SAR 25.8 bn.

Dividends: Aldrees’ board agreed to distribute SAR 200 mn in dividends at SAR 2 apiece, according to a separate disclosure. The distribution date is yet to be determined.

(** Tap or click the headline above to read this story with all of the links to our background and outside sources.)

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KUDOS

EFG Hermes tops MENA ECM league tables again in 2025

Our friends at EFG Hermes ranked as the top bookrunner in MENA equity capital markets in 2025 for the second year in a row, according to London Stock Exchange Group league tables, retaining the top position by both proceeds raised and transaction count, it said in a press release (pdf). The investment bank led 12 transactions during the year, more than any other regional peer and twice as many as the runner-up. It also advised on 8 M&A, 16 DCM, and 18 ECM transactions across the region.

EFG Hermes’ activity spanned multiple geographies and structures, with mandates executed across the UAE, Saudi Arabia, Kuwait, Oman, and Egypt, making it the only regional bank to maintain an active ECM presence across all five markets. Landmark transactions during the year included the Jamjoom Fashion IPO in Saudi Arabia and the Adnoc Gas secondary offering on ADX, as well as IPOs in Kuwait and Oman.

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ALSO ON OUR RADAR

SEC expands Rabigh, GBT gets pre-seed funding, LIV Golf x Trump Club

SEC locks in Rabigh-1 expansion

Saudi Electricity Company (SEC) signed a 25-year energy conversion agreement with Principal Buyer to purchase power from the 1.2 GW Rabigh-1 expansion project, according to a disclosure. The SAR 5.33 bn project covers the development, financing, building, owning, and operating of a carbon capture-ready combined cycle gas turbine plant (CCGT). SEC holds a 100% stake in the project company.

The project was greenlit back in 2023, when SEC received approval from Principal Buyer to start implementing the expansion. The EPC package was awarded to a consortium led by Elsewedy Electric and Siemens Energy. The project expands the existing Rabigh complex, alongside older thermal units and the larger Rabigh-2 CCGT plant.

Why it matters: Gas-fired combined-cycle plants can hit efficiency rates of up to 60%, compared to just 30% for crude-fired units — complementing the kingdom’s liquid fuel displacement program.

GulfBoost bags SAR 5 mn in a pre-seed funding round

Homegrown geospatial data provider GulfBoost Technology (GBT) raised SAR 5 mn (c. USD 1.3 mn) in a pre-seed funding round, it said on LinkedIn. The round was led by Abdulaziz bin Abdullah Al Zamil and Sons Investment Company, with participation from unnamed angel investors. The company will use the fresh funds to back its expansion plans, boost infrastructure, and create new GeoAI products through Penta-Labs.

About GBT: Founded in 2024 by Yousef Al Nafjan (LinkedIn), GBT operates across the geospatial (GIS) value chain through its subsidiaries Penta-KSA and Penta-Labs. Penta-KSA offers no-code GIS software that allows non-specialists to use and act on spatial data, while Penta-Labs serves as the group’s deep-tech arm, developing GeoAI and digital-twin solutions for smart cities and large-scale digital transformation projects.

Liv Golf returns to Trump Bedminster

PIF-backed Liv Golf will return to the New York market for its 2026 season with a tournament at Trump National Golf Club in Bedminster, New Jersey, taking place from 6 to 9 August, it said in a statement on Friday. The event marks the league’s third visit to Bedminster and its first at the course since the 2023 season, continuing a run of at least half a dozen Liv tournaments held at Trump-family venues over the past four years.

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PLANET FINANCE

Global FDI rises in 2025, but recovery is skewed toward developed economies

Global FDI rebounds in 2025 as inflows concentrate in developed countries: Global foreign direct investment (FDI) rose 14% y-o-y last year to USD 1.6 tn, marking a rebound after two consecutive years of decline, according to preliminary UN Trade and Development data in its Global Investment Trends Monitor report (pdf). However, the heavy skew toward developed economies and financial centers, without which inflows rose by just 5%, increased. FDI to developing economies fell 2% y-o-y to USD 877 bn.

Developed economies saw the biggest FDI increase, up 43% y-o-y to USD 728 bn, and accounting for the bulk of global growth. The US remained the biggest recipient of FDI, with flows rising 2%, while the EU saw a massive 56% increase in capital allocations, supported by large cross-border M&As and strong inflows into Germany, France, and Italy.

The widening discrepancy comes as FDI flows grow more concentrated in large-scale data centers — which attracted one-fifth of flows into greenfield projects — and other tech-intensive sectors that are more feasible in higher-income countries, the report said. Financing constraints, risk perceptions, and structural vulnerabilities also added to the problem.

Of the FDI flows to developing economies last year, most were concentrated in three countries: the UAE, Singapore, and Hong Kong, which accounted for over a third of total FDI inflows to developing economies.

The UAE also featured prominently on the outbound side, particularly in technology-driven megaprojects. The report cited big-ticket investments, with Abu Dhabi AI investor MGX’s USD 43 bn AI campus project in France being the largest greenfield project last year. The Stargate UAE AI data center project was included among the biggest 10 international agreements, while Adnoc’s USD 14.3 bn takeover of Germany’s Covestro was also flagged.

On the other hand, sectors that are exposed to tariffs and are heavily reliant on international supply chains — like electronics, textiles, and machinery — saw a dip on the back of tariff uncertainty, while a downturn in renewables investment led international infrastructure investment to dip 10%.

For 2026, eased borrowing costs, an uptick in M&A, and improved inflation figures could lead to an increase in FDI. However, downside risks remain from conflicts and geopolitical tension, as well as global economic tensions and polarization. It’s looking likely that semiconductors and data centers will be the FDI darlings yet again this year.

TASI

11,134

+1.7% (YTD: +6.1%)

MSCI Tadawul 30

1,496

+1.8% (YTD: +7.8%)

NomuC

23,513

+0.6% (YTD: +0.9%)

USD : SAR (SAMA)

USD 3.75 Sell

USD 3.75 Buy

Interest rates

4.25% repo

3.75% reverse repo

EGX30

46,462

+0.9% (YTD: +11.1%)

ADX

10,286

-0.2% (YTD: +2.9%)

DFM

6,484

-0.2% (YTD: +7.2%)

S&P 500

6,916

0.0% (YTD: +1.0%)

FTSE 100

10,143

-0.1% (YTD: +2.1%)

Euro Stoxx 50

5,948

-0.1% (YTD: +2.7%)

Brent crude

USD 65.88

+2.8%

Natural gas (Nymex)

USD 5.28

+4.6%

Gold

USD 5,017

+1.4%

BTC

USD 89,296

0.0% (YTD: +2.0%)

Sukuk/bond market index

921.98

+0.1% (YTD: +0.3%)

S&P MENA bond & sukuk

151.61

+0.2% (YTD: -0.2%)

VIX (Fear gauge)

16.09

+2.9% (YTD: +7.6%)

THE CLOSING BELL: TADAWUL-

The TASI rose 1.7% on Thursday on turnover of SAR 6.8 bn. The index is up 6.1% YTD.

In the green: Saudi German Health (+10.0%), Bupa Arabia (+7.9%) and Derayah (+7.1%).

In the red: Senaat (-4.5%), Aldress (-4.4%) and Chubb (-3.8%).

THE CLOSING BELL: NOMU-

The NomuC rose 0.6% on Thursday on turnover of SAR 42.8 mn. The index is up 0.9% YTD.

In the green: United Mining (+11.6%), iOud (+11.4%) and SPC (+9.0%).

In the red: Sign World (-7.4%), Amwaj International (-7.4%) and Mayar (-7.2%).


JANUARY

26-27 January (Monday-Tuesday): SuperReturn Saudi Arabia, Hotel Fairmont, Riyadh.

26-27 January (Monday-Tuesday): GPRC Summit, Riyadh.

26-28 January (Monday-Wednesday): Saudi Franchise Expo (SFE), Riyadh Exhibition and Convention Centre, Riyadh.

26-28 January (Monday-Wednesday): Real Estate Future Forum, Four Seasons Hotel, Riyadh.

26-28 January (Monday-Wednesday): IFAT Saudi Arabia, Riyadh Front Exhibition & Conference Center, Riyadh.

27-28 January (Tuesday-Wednesday): SkyMove Air Cargo MENA, Riyadh.

28 January (Wednesday): Data Center Nation Riyadh, Riyadh.

28-30 January (Wednesday-Friday): Jeddah International Travel and Tourism Exhibition (JTTX), Jeddah.

FEBRUARY

2-4 February (Monday-Wednesday): Saudi Media Forum, Riyadh.

2-4 February (Monday-Wednesday): Women Leaders Summit and Awards KSA, Riyadh.

2-13 February (Monday-Friday): 2026 Asian Road Cycling Championship and Paralympic Cycling, Qassim.

3-4 February (Tuesday-Wednesday): RLC Global Forum Annual Meeting, Riyadh.

4 February (Wednesday): Michelin Guide’s Restaurant Celebration, Four Seasons Hotel, Riyadh.

5 February (Thursday): Deadline to submit bids for EPC contract for Ras Mohaisen-Baha-Makkah Independent Water Transmission System.

5-7 February (Thursday-Saturday): LIV Golf 2026 season opener, Riyadh Golf Club, Riyadh.

8-12 February (Sunday-Thursday): World Defense Show, Riyadh International Convention and Exhibition Center, Riyadh.

8-9 February (Sunday-Monday): AlUla Conference on Emerging Market Economies (ACEME), Maraya Hall, AlUla.

9-10 February (Monday-Tuesday): Global Games Show Riyadh 2026, Malf Hall, Riyadh.

9-14 February (Monday-Saturday): Asian Racing Conference, Crowne Plaza Riyadh RDC Hotel & Convention Centre, Riyadh.

11 February (Wednesday) Digital Transformation Summit Saudi Arabia (DTS), Riyadh.

11-14 February (Wednesday-Saturday): JeddaDerm, Jeddah.

13-14 February (Friday-Saturday): Jeddah E-Prix 2026, Jeddah.

15-17 February (Sunday-Tuesday): The World Advanced Manufacturing & Logistics Saudi Expo, Riyadh Front & Exhibition Center.

16 February (Monday): King Salman Stadium design-and-build contract prequalification submission deadline.

16 February (Monday): First day of Ramadan (TBC).

22 February (Sunday): Founding Day.

26 February (Thursday): Title deed registration deadline for 142.8k properties across 104 neighborhoods in Hail.

MARCH

12 March (Thursday): Deadline for real estate registration for 253.2k properties in 499 neighborhoods across Riyadh, Qassim, Makkah, and Hail.

18-23 March (Tuesday-Monday): Eid Al-Fitr holiday (TBC).

21 March (Saturday): Fanatics Flag Football Classic, Kingdom Arena, Riyadh.

31 March (Tuesday): Zatca’s 23rd E-invoicing integration wave deadline.

APRIL

6 April (Monday): Procurement and Supply Chain Futures Forum, Al Faisaliah Hotel, Riyadh.

6-7 April (Monday-Tuesday): Real Estate Supply Chain Forum, Al Faisaliah Hotel, Riyadh.

12-15 April (Sunday-Wednesday): Saudi Print & Pack, Riyadh International Convention & Exhibition Center.

12-15 April (Sunday-Wednesday): Riyadh International Industry Week, Riyadh International Convention & Exhibition Center.

12-15 April (Sunday-Wednesday): Saudi Plastics & Petrochem, Riyadh International Convention & Exhibition Center.

12-15 April (Sunday-Wednesday): Saudi Smart Logistics, Riyadh International Convention & Exhibition Center.

13-16 April (Monday-Thursday): Leap Tech Conference, Riyadh Exhibition & Convention Center – Malham.

20-22 April (Monday-Wednesday): The Future Hospitality Summit, Mandarin Oriental Al Faisaliah Al Faisaliah Hotel, Riyadh.

20-22 April (Monday-Wednesday): Saudi Paper and Packaging Expo, Riyadh International Convention & Exhibition Center.

21 April (Tuesday): GC Summit Saudi Arabia 2026, Saudi Arabia.

22-23 April (Wednesday-Thursday): The World Economic Forum’s Global Collaboration and Growth Meeting, Jeddah.

27-29 April (Monday-Wednesday): Aluminum Arabia, The Arena, Riyadh.

MAY

3-5 May (Sunday-Tuesday): Sports Investment Forum (SIF), Riyadh.

3-9 May (Sunday-Sunday): The Global Sustainability Expo, The Arena Riyadh Venue.

24-28 May (Sunday-Thursday): Eid al-Adha holiday.

JUNE

21-24 June (Sunday-Wednesday): Saudi Food Exhibition and Conference, Riyadh Front Expo.

SEPTEMBER

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

23 September (Wednesday): Saudi National Day.

OCTOBER

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

Signposted to happen sometime in 2026:

  • 2H: Sabic’s USD 6.4 bn Fujian project in China to start production in 2026.
  • November: UN Trade and Development Global Supply Chain Forum to take place in Saudi Arabia.
  • November: The Esports Nations Cup, Riyadh.
  • The Intervision international music competition will take place in Saudi Arabia.
  • 6 July-23 August (Monday-Sunday): Esports World Cup, Riyadh.

Signposted to happen sometime in 2027:

  • The World Water Forum takes place in Riyadh.
  • The Ocean Race finishes in Amaala on the Red Sea.
  • Riyadh-Kudmi transmission line to be completed.

Signposted to happen sometime in 2Q 2027:

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