Sections

About

Privacy & Support

Get EnterpriseAM daily

Monday, 15 Sep 2025

What We’re Tracking Today
Economy
Debt Watch
Economy
Also On Our Radar
Planet Finance
Calendar

The Kingdom’s population growth can power its non-oil economy — with the right policies

An independent publication supported by

Easier life with Tasheel

From OUR FAMILY to YOURS

Today at a glance

1

ECONOMY

How the Kingdom’s population growth can power its non-oil economy.
2

DEBT WATCH

Cenomi Retail obtains SAR 1.6 bn loan to refinance debt.
3

ECONOMY

Over 50% of Saudis swap counters for clicks as remittances go digital.
4

ALSO ON OUR RADAR

IFC, Al Muhaidib, and Nomu Holding to invest USD 200 mn in Iraq's construction sector.
5

WHAT WE’RE TRACKING TODAY

South Africa to double investments with Saudi Arabia over the next 3 years.
6

PLANET FINANCE

Family offices tilt toward stocks, trim private equity exposure.

Monday, 15 Sep 2025

What We’re Tracking Today
Economy
Debt Watch
Economy
Also On Our Radar
Planet Finance
Calendar
1

WHAT WE’RE TRACKING TODAY

THIS MORNING: South Africa to double down on Saudi investments

Good morning, ladies and gents. Summer is officially over and done with, but its long days took their toll on business, resulting in a very light issue this morning.

In today’s issue: We talked to experts on how the Kingdom’s growing, youthful population can become a powerhouse of non-oil growth — or a burden. Meanwhile, Cenomi Retail obtained a SAR 1.6 bn loan to refinance debt payments, following Al Futtaim’s recent agreement to join the struggling company’s shareholder base. Let’s dive in.

HAPPENING TODAY-

#1- The General Authority for Statistics is set to publish the Consumer Price Index for August 2025 today, according to the authority’s calendar. The annual inflation slowed to 2.1% y-o-y in July, down 0.2 percentage points from June, marking its lowest reading since February.

#2- The Global Infrastructure Forum kicks off today at Riyadh International Convention and Exhibition Center. The three-day event will bring together over 25 countries, 300 exhibitors, and 50 experts for panel discussions, workshops, and exhibitions covering technology, investment, sustainability, and urban development.

#3- ALSO- The three-day Money 20/20 Middle East takes off today at Riyadh Exhibition and Convention Center. The event will feature panel discussions with local and international experts, presentations from more than 450 brands and 445 speakers, networking prospects with 973 investors, and sessions for startups to pitch and scale up their ideas. It also explores innovations in payments, AI, cloud, and digital banking.

WEATHER- Fall is in the air: It’s officially fall in the Kingdom, bringing hope for relief from the summer heat. Its arrival coincides with the Qiran 19 astronomical event, marking the conjunction of the moon and the Pleiades star cluster. Heavy rain returns to pour over Makkah, Asir, Al Baha, while moderate to light showers persist over Jazan, along with air-borne dust on the Eastern Province, Riyadh, and Najran.

  • Riyadh: 40°C high / 28°C low,
  • Jeddah: 39°C high / 32°C low
  • Makkah: 43°C high / 33°C low.

HAPPENING TOMORROW-

Shares of HamadMohammed Bin Saedan Real Estate will begin trading on the Nomu parallel market tomorrow, according to a Tadawul statement. The company’s shares can fluctuate within a ±30% range for the first three days, after which price fluctuations will be capped at ±10% as circuit breakers take effect.

REFRESHER- The company priced its 15% stake post-IPO at SAR 13.5 per share, after its offering was 114.2% oversubscribed. The pricing would give the real estate player a market cap of SAR 381.2 mn bn at listing and should see it raise some SAR 57.2 mn in IPO proceeds to fund its expansion plans.

WATCH THIS SPACE-

South Africa aims to double mutual investments with Saudi Arabia from the current USD 15 bn over the next three years, Trade and Industry Minister Parks Tau told Asharq Business (watch, runtime: 4:04) on the sidelines of the Saudi-South Africa Business Forum. The Kingdom has pledged to inject more than USD 10 bn into South Africa’s economy, with several companies from both sides signing cooperation agreements during the forum.

Sectors in the spotlight: Targeted sectors include mining, chemicals, automotive, pharmaceuticals, engineering, construction, and consulting. South Africa also sees opportunities to invest in Saudi Arabia, including World Cup 2034-related construction projects and special economic zones.

Saudi-South African ties have already spurred around USD 5 bn in agreements across renewable energy, logistics, gas stations, and real estate as of April 2025. Homegrown auto distributor Jameel Motors plans to enter the South African market this year, while Aramco is among the bidders for Shell’s downstream assets, and Zahid Group is negotiating to increase its stake in Barloworld.

More in the pipeline: Acwa Power plans to invest up to USD 378 mn in the country’s water and energy sectors over the next five years, unnamed sources told Asharq. Meanwhile, Red Sea International is preparing a USD 600 mn bid for Durban port, sub-Saharan Africa’s largest, according to Ashraq’s sources, while Saudi businessman Ajlan Bin Abdulaziz Alajlan is putting USD 500 mn into a platinum smelter and refinery in South Africa’s Limpopo province.

The Kingdom closed the Arar border crossing with Iraq for over 24 hours after customs inspectors uncovered multiple smuggling attempts on pilgrims' buses, Gulf News reported on Saturday. Authorities intercepted nine buses hiding illegal items, including captagon pills in bread, vodka disguised as water, and containers of arak hidden in windshield-washer tanks.

The border crossing has a history of closures and reopenings: It was shut during the 1990 Gulf War, briefly opened in 2013, closed again shortly after, and then fully restored five years ago with significant Saudi investment.

***You’re reading EnterpriseAM Saudi, your essential daily roundup of business, economics, and must-read news about Saudi, delivered straight to your inbox. We’re out Sunday through Thursday by 7am Riyadh time.

EnterpriseAM Saudi is available without charge thanks to the generous support of our friends at Tas’heel and Hassan Allam Properties.

Want to send us a story idea, request coverage, ask for a correction, or otherwise get in touch? Reach out to us on saudi@enterpriseAM.com.

DID YOU KNOW that we also cover Egypt, the UAE, and the MENA logistics industry?

Were you forwarded this email? Tap or click here to get your own copy of EnterpriseAM Saudi delivered every weekday.***

THE BIG STORY ABROAD-

International headlines are still dominated by the fallout from Charlie Kirk’s assassination — and now attention is turning to the suspect. Utah Governor Spencer Cox said on Sunday that 22-year-old Tyler Robinson, arrested after a 33-hour manhunt, is refusing to cooperate with investigators but will be formally charged on Tuesday. Kirk, a prominent pro-Trump activist and co-founder of Turning Point USA, was killed last week by a single rifle shot during an outdoor event at a Utah university. (Reuters | New York Times | BBC | The Guardian | Axios | Wall Street Journal)

CLOSER TO HOME- Rubio visits Netanyahu seeking answers: As Washington tries to contain the diplomatic fallout from Israel’s strike on Hamas leaders in Doha, US Secretary of State Marco Rubio arrived in Israel on Sunday for talks with Prime Minister Benjamin Netanyahu. Rubio — who met Qatar’s prime minister on Friday — is now seeking answers on “what the future holds” in Gaza and how to revive hostage and ceasefire negotiations derailed by the Doha attack. (Reuters | Politico | Associated Press | Axios | The Guardian | New York Times)

Tags:

This publication is proudly sponsored by

Easier life with Tasheel
From OUR FAMILY to YOURS
2

ECONOMY

The Kingdom’s population growth can power its non-oil economy — with the right policies

Saudi Arabia's growing population is seen as a central factor in its economic diversification, presenting a mix of prospects and challenges as officials strive to reduce the Kingdom’s dependence on oil revenues.

By the numbers: The nation’s population reached 35.3 mn in mid-2024, with an annual growth rate of 4.7% compared to 2023, according to recent data (pdf) from the General Authority for Statistics (Gastat). The total number of Saudi citizens has risen to over 19.6 mn in 2024, up from 19.3 mn in the previous year. Meanwhile, the non-Saudi resident population grew to 15.7 mn in 2024, up from 14.5 mn a year earlier.

Sustained growth ahead: The IMF forecasts the Kingdom’s population reaching 36.01 mn this year. The momentum will not stop here, as our population is expected to grow further to 37.4 mn in 2030, 42.6 mn in 2040, and 47.7 mn in 2050, according to data from the World Bank.

How could this boost economic growth? “With a growing population, particularly one that is skewed toward a younger demographic, this will mean that over time the working age population of the Kingdom will grow in size,” Capital Economics’ James Swanston told EnterpriseAM.

The country’s demographics are “incredibly positive,” Knight Frank MENA chief economist Christopher Payne told EnterpriseAM. “Over the long term, from a supply-side perspective, economic growth is a function of the growth of the workforce (directly related to population) and productivity.”

The Kingdom has potential for both workforce growth and productivity gains, Payne noted. “For instance, with 3.0% workforce growth and 1.0% productivity gains per year, sustainable potential annual non-oil GDP growth is 4.0%,” Payne added. However, the challenge will be ensuring that there is demand for this new workforce, so the benefits of population growth are fully utilized, he explained. “This is where Vision 2030 comes in. Gigaprojects, along with other large infrastructure, industrial, and tourism projects, are driven by the need to create and stimulate demand.”

What’s needed to turn these demographics into growth? The short answer is a mix of demand and supply-side policies. “On the demand-side, there are the gigaprojects (and other projects); on the supply-side, we have new visa categories, new homeownership laws for expats, and huge investments in education and training for Saudi nationals,” Payne said. In one of the most significant supply-side policy shifts, the government has changed laws concerning women’s driving and employment, which “have precipitated a doubling of female labour participation since 2017,” Payne noted.

ICYMI- Diversification is set to drive an average annual GDP growth of 3.5% through 2028, even as Vision 2030 investments contribute to fiscal deficits and the global oil market faces uncertainty, S&P Global Ratings recently noted. The rating agency sees the GDP growing 3.7% in 2025, while EFG Hermes holds a more optimistic outlook, anticipating a 4.5% growth this year before it slows to 2.7% in 2026.

Meanwhile, education reforms are not a point to miss: Saudi needs focus on education and job creation as the main policy objectives to convert demographic trends into economic gains, Swanston noted. While the Kingdom spends around 8.0% of its GDP on education each year, international surveys of educational attainment in areas such as maths and sciences show that Saudi Arabia “ranks among the worst in the emerging world, and compared to its Gulf counterparts,” Swanston said, stressing the need to “reform education to improve the quality of the curriculum and also improve the quality of teaching training.”

It is also crucial to improve business conditions to foster a healthy private sector capable of creating new jobs, Swanston highlighted. This means not only supporting companies, but also attracting foreign firms to establish operations and provide employment opportunities in the country.

The road to a sustained population growth: “Sustaining the growth of the Saudi population, right now, is not an issue,” Payne noted. He instead focused on the expat workforce, which is needed to build the infrastructure associated with Vision 2030. “I think the Kingdom is making strides to make it easier for workers to come to the Kingdom. Measures such as the premier visa help attract senior expats to the Kingdom, providing more long-term stability. Recent changes to homeownership laws (relating to non-Saudis) are also really important, as they enable expats to be more invested in the long-term success of the Kingdom.”

BACKGROUND- To attract global talent, the government introduced in July a new classification system for expatriate work permits to attract global talent. Additionally, a new foreign property ownership law has recently been published, allowing non-Saudi individuals and institutions to own properties and hold real estate rights in the Kingdom — effective early next year.

However, the future growth of the non-Saudi population could be impacted by the government's “Saudization” policies in the labor market, given that the need for non-Saudis to reside in the Kingdom is conditional on employment, according to Swanston.

The challenges of demographic expansion: “If Saudi’s labor market is unable to keep pace with demographic expansion, this could lead to increases in unemployment and potentially the need for greater fiscal outlay for the welfare state,” Swanston said. This would be in addition to the need to expand other infrastructure, such as water and sanitation, hospitals, police services, and roads, to accommodate a larger population.

Tags:

3

DEBT WATCH

Cenomi Retail obtains SAR 1.6 bn loan from Emirates NBD to refinance debt

Fawaz Abdulaziz Alhokair Co. (Cenomi Retail) has secured a SAR 1.6 bn credit facility from Emirates NBD Bank to prepay and settle its existing bank debts, it said in a disclosure to Tadawul yesterday.

The details: The facility includes a 90-day short-term loan, set to be repaid by a three-year term loan with a possible two-year extension at the bank’s discretion. It is backed by a SAR 1.6 bn promissory note from Cenomi and a SAR 1.6 bn corporate guarantee from Al Futtaim Private Company in exchange for a fee from Cenomi. The facility’s utilization rests on the completion of a private transaction that will see Al Futtaim Retail Company join Cenomi Retail’s shareholder base.

REMEMBER- Al Futtaim Group’s planned acquisition of a 49.95% stake in Cenomi Retail cleared a regulatory checkpoint last month, after receiving the greenlight from the General Authority for Competition. The two retail giants had inked a share purchase agreement for SAR 2.5 bn (USD 667 mn) in July. In addition to buying the stake from the founding Alhokair family shareholders, Al Futtaim will provide a SAR 1.3 bn loan to shore up Cenomi’s finances and fund its recovery.

Earnings snapshot: Cenomi Retail posted a SAR 85.3 mn net loss in 2Q 2025, a reversal from a SAR 84.1 mn net income in 2Q 2024. The loss was attributed to a drop in operating income and a rise in expenses, including FX losses and a tax settlement. Revenues fell 7% y-o-y to SAR 1.1 bn, as the sales boost from Ramadan fell entirely in the first quarter of this year.

Tags:
4

ECONOMY

Over 50% of Saudis swap counters for clicks as remittances go digital

Some 59% of Saudis send money digitally from a physical location, while 67% of recipients prefer using digital apps, according to Visa’s Money Travels: 2025 Digital Remittances Adoption Report (pdf). The shift toward digital transfers is driven by desires for safety, privacy, and speed, cited by 47% of senders, along with ease of use and peace of mind, each at 43%.

Overall remittance activity eased over the past year, with the number of senders down 5% and recipients down 4%. Forward-looking intentions also edged lower, with 28% of respondents expecting to send money in the next year, remaining flat y-o-y, while only 24% expect to receive, down 3 percentage points.

However, usage remains high, with 93% of respondents in the Kingdom sending money and 77% receiving it at least once a year.

Humanitarian needs are the main reason for sending remittances, cited by 51% of respondents, followed by regular support at 42% and unexpected needs at 37%. On the receiving side, personal accounts or investments lead at 27%, followed by regular support at 26%.

Saudi users consider digital apps the most secure channel for receiving money (39%), ahead of digital-form-physical transfers (23%), while views on sending are evenly split between the two (33% each). Physical methods like banknotes or checks rank lowest on safety at just 3-10%.

High fees remain the top obstacle for both digital and physical transfers. Another major friction point is the need to travel to a physical location, noted by 41%.

Methodology: The report is based on online interviews with nearly 44k people who send and receive remittances across 20 countries, including the Kingdom. The survey data was weighted within each country to reflect census estimates for age, gender, education, and region.

Tags:

5

ALSO ON OUR RADAR

IFC, Al Muhaidib, and Nomu Holding to invest USD 200 mn in Iraq's construction sector

INVESTMENT WATCH-

IFC + Al Muhaidib Group + Nomu Holding back Iraq’s construction sector: The World Bank’s International Finance Corporation (IFC) partnered with local private equity firm Al Muhaidib Group and Nomu Holding, a subsidiary of Iraq–based construction and manufacturing Al Maysarah Group, to invest USD 200 mn in Iraq’s building materials industry, IFC said in a press release.

IN CONTEXT- The investment is part of IFC’s USD 1 bn program announced during the IFC Partnerships Day in Baghdad, which aims to support energy, infrastructure, agribusiness, healthcare, real estate, and finance in Iraq while strengthening the country’s private sector.

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

REAL ESTATE-

#1- Al Akaria faces White Land tax on 4.7% of Riyadh portfolio: Saudi Real Estate Company (Al Akaria) has 487.8k sqm in Riyadh — about 4.7% of its total 10.48 mn sqm portfolio in the city — subject to the updated White Land tax regulations, it said in a disclosure to Tadawul yesterday. Of these lands, 141.6k sqm fall into the highest-priority tranche with a 10% tax rate, while 346.3k sqm are in the lowest-priority tranche, subject to a 2.5% tax rate.

ICYMI- The Housing Ministry published the final executive regulations for the Kingdom’s White Land Tax Law last month, setting out a system that classifies all urban idle land into five categories based on development priorities.

CAPITAL MARKETS-

#2- The Capital Market Authority granted Hamah Capital a license to conduct arranging activities in the security sector, after meeting the regulator’s business requirements, it said in a statement yesterday. The Riyadh-based firm had earlier received approval in May to manage securities-related investments and funds.

Tags:
6

PLANET FINANCE

Family offices tilt toward stocks, trim private equity exposure, according to Goldman survey

Family offices are leaning more heavily on public equities while trimming private equity exposure, according to a recent Goldman Sachs survey (pdf) picked up by CNBC. The survey of 245 global offices — two thirds of which managed at least USD 1 bn in assets — shows that average allocations to public equities rose to 31% in 2025, up three points from 2023, while private equity dropped to 21% from 26% — the steepest change across asset classes. 38% of family offices also expect to increase their allocations to public equities in the next year.

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

The shift was the sharpest in the Americas, where equity allocations climbed to 31% from 27%. US offices, however, remain more exposed to PE (25%) than their international peers. It comes as private equity faces a broader slowdown as limited and general partners pivot towards a more risk-on stance amid a more muted exit environment.

Goldman described the change to family office portfolios as a “pro-risk asset mix,” with family offices buying the dip in equities while still keeping a strong exposure to private equity. Many reported buying during April’s tariff-driven market turmoil, taking advantage of reduced-price valuations. “Family offices realize the importance of staying invested, and they realize the importance of vintaging, especially with private equity,” said Sara Naison-Tarajano, who heads Goldman’s Apex unit, pointing to their ability to hold assets across generations.

AI has emerged as a leading theme. Some 86% of family offices reported exposure, primarily via public equities and ETFs, but also through venture funds and infrastructure plays such as data centers. Opportunistic investments in listed markets remain the preferred route. Some 58% of respondents also expect to be overweight in the tech sector over the next year, the survey said.

Crypto is also gaining ground, particularly in Asia. Only 26% of Asia-Pacific (APAC) family offices said they were not interested, compared with nearly half of those in the Americas and EMEA. Globally, a third of family offices now hold crypto, up from 26% in 2023.

Risk hedging strategies differ across regions. In EMEA and APAC, geographic diversification and gold were the most common tail-risk hedges. In the US, by contrast, many family offices reported taking less defensive positions. The biggest investment risk for family offices is geopolitical conflict, with 61% listing it as a top-three risk, and 66% expecting geopolitical risks to increase over the next 12 months.

Despite dialing back exposure, private equity still holds appeal. Some 39% of respondents plan to deploy more capital in the next 12 months — slightly more than the 38% who expect to increase stock allocations. Many are active in secondaries, with participation rising to 72% from 60% in 2023, taking advantage as endowments and foundations sell assets under liquidity pressure.

MARKETS THIS MORNING-

Asian markets are mixed this morning, with South Korea’s Kospi leading gains, rising 0.7% to a record high and marking its tenth straight session of gains. Meanwhile, Hong Kong’s Hang Seng is up slightly in early trade, while China’s CSI 300 is also up 0.6%, as talks between the US and China on trade and the potential TikTok divestiture continue in Spain.

Meanwhile, on Wall Street, indices are set to open in the green as investors brace for what’s expected to be the US Federal Reserve’s first rate cut in months later this week.

TASI

10,434

-0.2% (YTD: -13.3%)

MSCI Tadawul 30

1,362

+0.1% (YTD: -9.8%)

NomuC

24,913

-0.5% (YTD: -20.9%)

USD : SAR (SAMA)

USD 3.75 Sell

USD 3.75 Buy

Interest rates

5.0% repo

4.5% reverse repo

EGX30

35,112

+0.5% (YTD: +18.1%)

ADX

10,014

+0.6% (YTD: +6.3%)

DFM

6,031

+1.2% (YTD: +16.9%)

S&P 500

6,584

-0.1% (YTD: +12.0%)

FTSE 100

9,283

-0.2% (YTD: +13.6%)

Euro Stoxx 50

5,391

+0.1% (YTD: +10.1%)

Brent crude

USD 67.0

0.0%

Natural gas (Nymex)

USD 2.99

+1.2%

Gold

USD 3,638

-0.1%

BTC

USD 115,180

-0.7% (YTD: +23.2%)

Sukuk/bond market index

917.47

-0.1% (YTD: +1.7%)

S&P MENA Bond & Sukuk

150.36

+0.0% (YTD: +7.4%)

VIX (Volatility Index)

14.76

+0.3% (YTD: -14.9)

THE CLOSING BELL: TADAWUL-

The TASI fell 0.2% yesterday on turnover of SAR 2.8 bn. The index is down 13.3% YTD.

In the green: Almajed Oud (+10.0%), Cenomi Retail (+3.7%) and Maaden (+2.9%).

In the red: Almajdiah (-8.4%), Alandalus (-6.2%) and Tamkeen (-4.4%).

THE CLOSING BELL: NOMU-

The NomuC fell 0.5% yesterday on turnover of SAR 28.4 mn. The index is down 20.9% YTD.

In the green: Balsm Medical (+9.7%), United Mining (+9.3%) and Tharwah (+6.3%).

In the red: Leaf (-12.5%), Future Care (-9.3%) and Alrashid Industrial (-8.6%).

Tags:

CALENDAR

15 September (Monday): Deadline for businesses subject to excise tax file their July and August tax returns via Zatca’s website.

15-17 September (Monday-Wednesday): Smart Cities Saudi Expo 2025, Riyadh International Convention & Exhibition Center.

15-17 September (Monday-Wednesday): Money 20/20 Middle East, Riyadh Exhibition & Convention Center.

15-17 September (Monday-Wednesday): Global Infrastructure Forum, Riyadh International Convention and Exhibition Center.

16-18 September (Tuesday-Thursday): Orgatech Workspace Saudi Arabia, Riyadh Front Exhibition and Conference Center.

17-18 September (Wednesday-Thursday): US Federal Reserve Open Market Committee meeting and Summary of Economic Projections.

23 September (Tuesday): Saudi National Day.

24-25 September (Wednesday-Thursday): Schneider Electric’s Innovation Summit, Hilton Residences Riyadh.

28-30 September (Sunday-Tuesday): Jeddah Construct, Jeddah Superdome.

29 September-1 October (Monday-Wednesday): Intersec Saudi Arabia, Riyadh International Convention and Exhibition Centre, Riyadh.

29-30 September (Monday-Tuesday): Cultural Investment Conference, King Fahd Cultural Center, Riyadh.

30 September (Tuesday): Deadline for businesses subject to VAT to file their August tax returns.

3Q 2025

The National Water Company is expected to award a construction contract for the Hail Region Water Networks project.

OCTOBER

1 October (Wednesday): Electronic salary transfer via the Musaned platform to include employers with two or more domestic workers.

1-3 October (Wednesday-Friday): Saudi Green Building Forum, Riyadh.

1-3 October (Wednesday-Friday): FIBO Arabia 2025, Riyadh Front Exhibition & Conference Center.

5 October-8 January 2026: Title deed registration for 3.2k properties in Al Yasmin district, Hail.

6-8 October (Monday-Wednesday): Saudi Lifestyle Week, Riyadh International Convention & Exhibition Center.

7-8 October (Tuesday-Wednesday): Global EV & Mobility Technology (GEMTECH) Forum, Riyadh.

12 October-15 January 2026: Title deed registration for 31.7k properties in 14 neighborhoods in the Eastern Province.

12 October-15 January 2026: Title deed regiswatch tration for about 157.3k properties in 78 neighborhoods across the Eastern Province.

15 October (Wednesday): Russian-Arab Summit.

16 October (Thursday): Aviation Impact Middle East, Hyatt Regency Riyadh Olaya .

17 October (Friday): Saudization for private healthcare roles enters its second phase.

21 October (Tuesday): The Visual Arts Commission will hold a public talk and a live performance in Paris through Asia NOW under its Art & Ideas program.

21-22 October (Tuesday-Wednesday): Saudi Festival of Creativity (Athar), JAX District, Riyadh.

21-23 October (Tuesday-Thursday): Global Internet of Things Congress 2025 (GIoTC 2025), the Arena Venue, Riyadh.

22-23 October (Wednesday-Thursday): Private Capital Forum, Riyadh.

23-25 October (Thursday-Saturday): Zenos Wellness Summit, Bab Samhan Hotel, Riyadh.

24 October-1 November (Friday-Saturday): AlUla Wellness Festival.

26-27 October (Sunday-Monday): The Global Proptech Summit 2025, Mandarin Oriental Al Faisaliah, Riyadh.

27-30 October (Monday-Thursday): Global Health Exhibition, Riyadh Exhibition and Convention Center, Riyadh.

27-30 October (Monday-Thursday): Future Investment Initiative (FII9), King Abdulaziz International Conference Center (KAICC) and the Ritz-Carlton, Riyadh.

28-29 October (Tuesday-Wednesday): US Federal Reserve Open Market Committee meeting.

NOVEMBER

2 November (Sunday): Naming ASICS Innovation Pitch competition’s six finalists.

3-9 November (Monday- Sunday): WTA Tour Finals, Riyadh.

5-9 November (Wednesday-Sunday): Jewellery Salon Expo, Riyadh.

7-8 November (Sunday-Monday): The Visual Arts Commission will conclude its Art & Ideas program with a two-day symposium in Riyadh.

8-9 November (Saturday-Sunday): Del Monte Superleague Supercup, Jeddah.

9 November (Sunday): The deadline for applications for the second batch of the Standard Incentives for the Industrial sector deadline.

10-12 November (Monday-Wednesday): BioFach Saudi Arabia, Riyadh International Convention & Exhibition Center.

11-13 November (Tuesday-Thursday): TouriseSummit, Riyadh.

17-20 November (Monday-Thursday): Cityscape Global, Riyadh Exhibition and Convention Centre, Riyadh.

19-22 November (Wednesday-Saturday): PIF Saudi International Golf Championship, Riyadh Gold Club.

20 November (Thursday): Deadline for title deed registration for 14.6k properties across 21 neighborhoods in Qassim.

22 November (Saturday): The Ring IV, ANB arena, Riyadh.

23-26 November (Sunday-Wednesday): Saudi Food Exhibition and Conference, Riyadh.

23-27 November (Sunday-Thursday): Global Industry Summit by United Nations Industrial Development Organization, Riyadh.

24-26 November (Monday-Wednesday): The World Advanced Manufacturing & Logistics Saudi Expo, Riyadh.

24-26 November (Monday-Wednesday): Metropolis Madinah Conference for civilizational capitals, King Salman International Convention Centre (KSICC), Al Madinah.

25-26 November (Thursday-Saturday): The Global Sustainability Expo, The Arena Riyadh Venue, Ghirnatah.

25-29 November (Thursday-Monday): General Aviation Airshow 2025 - Sand & Fun, Riyadh.

27 November (Saturday): Deadline for title deed registration for 8.7k properties in Jeddah’s Al Sheraa and Al Amwaj neighborhoods.

27-30 November (Thursday-Sunday): World Rally Championship Saudi Arabia 2025, Jeddah.

28-30 November (Friday-Sunday): UIM F1H2O World Championship, Jeddah.

30 November (Sunday): Zatca 21st E-invoicing integration wave deadline.

30 November-1 December (Sunday-Monday): FII Priority Asia Summit, Tokyo.

DECEMBER

1-3 December (Monday-Wednesday): Industrial Transformation Saudi Arabia, Riyadh International Convention & Exhibition Center.

1-4 December (Monday-Thursday): International Conference on Nuclear and Radiological Emergencies, Riyadh.

1-4 December (Monday-Thursday): 61st ISOCARP World Planning Congress, Riyadh.

7-9 December (Sunday-Tuesday): CoMotion Global 2025, Riyadh.

9-10 December (Tuesday-Wednesday): Federal Open Market Committee meeting and Summary of Economic Projections.

11 December (Thursday): Deadline for title deed registration for 214.2k properties across Riyadh and the Eastern Province.

25-27 December (Saturday-Monday): The Fortune Global Forum 2025, Riyadh.

31 December (Wednesday): Zatca 22nd E-invoicing integration wave deadline.

31 December (Wednesday): Cancellation of Fines and Exemption of Financial Penalties Initiative by the Zakat, Tax and Customs Authority (Zatca) deadline.

December: Made in Saudi exhibition, Riyadh International Convention and Exhibition Center, Riyadh

2026

JANUARY

1 January (Thursday): Electronic salary transfer via the Musaned platform becomes mandatory for all domestic workers in the Kingdom.

13-15 January (Tuesday-Thursday): Future Minerals Forum, King Abdul Aziz International Conference Center, Riyadh.

20 January (Tuesday): SuperReturn Saudi Arabia, Hotel Fairmont, Riyadh.

18-21 January (Sunday-Wednesday): Saudi Hospital Design and Build Expo, Riyadh.

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

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

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

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

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

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

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

FEBRUARY

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

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

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

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

8-12 February (Sunday-Thursday): World Defense Show, Riyadh.

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

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

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

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

MARCH

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.

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

OCTOBER

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

Signposted to happen sometime in 2026:

  • UN Trade and Development Global Supply Chain Forum to take place in Saudi Arabia.
  • November: The Esports Nations 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.
Now Playing
Now Playing
00:00
00:00