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The Latest Breaking News from Saudi Arabia

Millions of households to be hit with tax rises in the Budget, Chancellor Rachel Reeves signals

The Chancellor told an economic forum in Saudi Arabia that she would avoid growth-busting new levies on businesses

Evening Standard · Oct 27, 2025

A decade into Saudi Arabia's Vision 2030, the non-oil sector makes up 56% of $1.3 trillion economy

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Fortune · Oct 27, 2025

Reeves signals tax rises being considered at Budget during Saudi Arabia visit

In an indication some form of tax rises could be on the table, the Chancellor suggested the Government needed to ensure its fiscal rules are met.

Evening Standard · Oct 27, 2025

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Rachel Reeves hints at tax rises in Budget as she heads to Riyadh in search of trade deal

The chancellor is widely expected to use the Budget to increase taxes once again, with the Institute for Fiscal Studies estimating she needs to find £22bn via tax rises or spending cuts to meet her self-imposed fiscal rule

The Independent UK · Oct 27, 2025

Delta CEO predicts Americans will soon be ready to travel to Riyadh as he launches first-ever direct flights from the U.S. to Saudi Arabia

Acknowledging that “Americans aren’t quite sure” about visiting, Delta CEO Ed Bastian told Fortune that the route will be popular—eventually.

Fortune · Oct 27, 2025

Barclays reenters Saudi Arabia 11 years after exiting business

Investment Minister Khalid Al-Falih said at the Fortune Global Forum: “People have seen that the kingdom is a long-term partner. We’re not transactional.”

Fortune · Oct 27, 2025

Rachel Reeves heads to Saudi Arabia on trade deal mission as Autumn Budget looms

Trip comes amid speculation Ms Reeves could impose tax hikes in upcoming Budget

The Independent UK · Oct 26, 2025

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Reeves to lead trade mission to Saudi Arabia amid human rights concerns

Ministers hope to secure a deal with the Gulf Cooperation Council that could add £1.6bn to the UK economy

The Guardian - UK · Oct 26, 2025

Rachel Reeves heads to Saudi Arabia in search of economic growth

The Chancellor will attend the Future Investment Initiative event and push for progress on a trade deal with the Gulf bloc.

Evening Standard · Oct 26, 2025

What Saudi Arabia and Bangladesh can teach Silicon Valley

With aging populations in many leading economies, these countries see an opening.

Fortune · Oct 26, 2025

Saudi Arabia's minister of investment on Vision 2030 and the world's search for reliable partners

In conversation with Fortune Editor-in-Chief Alyson Shontell, H.E. Khalid Al-Falih described a world where "everyone is concerned" about supply chains.

Fortune · Oct 26, 2025

Google President Ruth Porat: ‘We should be able to cure cancer in our lifetime’ with AI

Porat said it's great that "people are playing" with AI through chatbots, but we're living through a much bigger change than that.

Fortune · Oct 26, 2025

F1 2025 qualifying head-to-head: Mexico GP

Here's how things stand in 2025 team-mate duels following qualifying at Formula 1's Mexico Grand Prix.

Motorsport · Oct 25, 2025

Is Sam Altman Hiding Something? OpenAI CEO's Secret Role in Project NEOM Baffles Investigators

Sam Altman's alleged ties to Saudi Arabia's NEOM project spark questions over transparency and AI ethics.

International Business Times UK · Oct 24, 2025

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Benzinga · Oct 24, 2025

Why WeRide & Uber Stock Is Gaining Today

Uber Technologies, Inc. (NYSE:UBER) shares traded slightly higher in Friday's premarket after the company introduced autonomous robotaxis in Riyadh, Saudi Arabia.

Benzinga · Oct 24, 2025

Baker Hughes Secures Aramco Deal To Boost Saudi Arabia Gas Resources

Energy services major Baker Hughes Co. (NASDAQ:BKR) secured a multi-year contract from oil giant Aramco to expand operations across Saudi Arabia’s extensive natural gas fields.

The Independent UK · Oct 23, 2025

Saudi Arabia and the ATP are putting a new Masters tennis tournament on a crowded calendar

Saudi Arabia will host a new ATP Masters tournament that likely will start in 2028

The Independent UK · Oct 23, 2025

Saudi Arabia to host ATP Masters event from 2028

Saudi Arabia will become the 10th Masters event in the first expansion of the category in the ATP’s history

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The Independent UK · Oct 23, 2025

Saudi Arabia to host new Masters 1000 tournament on ATP Tour

The top tier of men’s events will expand to 10 tournaments, with the Saudi Arabia Masters likely to be in February.

The Independent UK · Oct 23, 2025

Saudi Arabia appoints Sheikh Saleh bin Fawzan al-Fawzan as kingdom's new grand mufti

Saudi Arabia has appointed Sheikh Saleh bin Fawzan al-Fawzan as the new grand mufti, the kingdom's top religious scholar

The Guardian - UK · Oct 22, 2025

Fifa joins with trade union to promote ‘safe working conditions’

Fifa has agreed a five-year deal with Building and Wood Workers’ International, the trade union which has criticised Fifa for giving the 2034 World Cup to Saudi Arabia

The Independent UK · Oct 22, 2025

Fifa strike agreement to ensure ‘safe conditions’ on World Cup construction sites

Human rights organisations have previously warned migrant workers will die in preparing Saudi Arabia to host the 2034 finals without major reform

The Guardian - UK · Oct 22, 2025

Dazn targets rights for Champions League in latest football move involving Saudi Arabia

Dazn is preparing to bid for global broadcasting rights for Champions League games from 2027 that are valued at about £1.76bn

Euronews · Oct 20, 2025

International deal to reduce emissions from shipping sinks after US-led opposition

The US, Saudi Arabia and other petro-states led pushback against the world’s first carbon tax for shipping.

Autosport · Oct 20, 2025

Sesks rejoins M-Sport for WRC Saudi Arabia finale

WRC rising star Martins Sesks will add one more round to his partial 2025 programme, joining an expanded four-car M-Sport line-up in Saudi Arabia

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