Egyptian President Sisi pledged defensive military support to Saudi Arabia against Iran-backed Houthis, who have killed dozens and disrupted Red Sea shipping, threatening Egypt's vital Suez Canal revenues estimated at eleven billion dollars in losses.
King Salman
Abdullah Kamel, chairman of Saudi Chambers Federation, revealed that Saudi Arabia's industrial establishments doubled from 7,000 to over 15,000 since Vision 2030's launch, with the sector now contributing 16 percent to GDP and establishing global competitiveness.
Saudi Arabia and France established a strategic partnership aimed at enhancing global diplomacy and promoting international stability, signaling their commitment to addressing geopolitical challenges through coordinated diplomatic efforts.
King Salman chaired a Cabinet session reviewing Saudi Arabia's regional security and diplomatic initiatives, approving agreements with five nations across defence, healthcare, logistics, space and halal sectors while reaffirming commitment to regional stability and international cooperation.
Riyadh will host the 10th Future Investment Initiative Conference from October 26 to 29, 2026.
Saudi Arabia's Foreign Minister met Austrian officials in Vienna to strengthen bilateral ties across diplomacy, economics, and security cooperation, including energy and investment sectors aligned with Saudi Vision 2030.
Saudi Arabia's Cabinet reaffirmed commitment to national security measures while advancing regional cooperation through GCC coordination, praising armed forces capabilities and approving infrastructure projects including Riyadh Metro completion and enhanced Hajj preparations benefiting over 1.2 million pilgrims.
Saudi Arabia's Cabinet, chaired by Crown Prince Mohammed bin Salman, endorsed political resolution and Pakistani mediation to prevent regional escalation, while supporting UAE security against Iranian attacks and advancing domestic initiatives including environmental protection and international diplomatic cooperation.
Saudi Arabia's Cabinet, led by Crown Prince Mohammed bin Salman, confirmed that Vision 2030 achieved 93 percent of key performance indicators, strengthening economic diversification and resilience through non-oil sector expansion and structural reforms.
Saudi Arabia announced eight billion dollars in financial support for Pakistan through extended and new deposits, strengthening economic stability and bilateral cooperation amid global economic challenges.
President Sisi requested Egyptian parliament authorize military support for Saudi Arabia against Houthi attacks, citing threats to regional security and Red Sea shipping routes that generate crucial revenues for Egypt's Suez Canal.
Saudi Arabia's Cabinet, chaired by King Salman, emphasized keeping the Strait of Hormuz and Bab al-Mandab open and secure while strengthening strategic partnerships with France and Japan through diplomatic initiatives and economic cooperation agreements.
Saudi Crown Prince Mohammed bin Salman departed for France on a state visit to discuss Middle East regional issues, Iran, Yemen, and Lebanon while strengthening the bilateral strategic and economic partnership between Riyadh and Paris.
King Salman praised the Makkah summit outcomes, establishing a long-term defense partnership framework between Saudi Arabia, Türkiye, and Pakistan to strengthen regional security, cooperation, and stability while addressing shared strategic interests.
Saudi Arabia's Cabinet condemned Houthi allegations, vowed firm security measures, and welcomed record foreign direct investment of $32.6 billion in 2025, reflecting economic reforms amid regional tensions and sustainable development progress.
Saudi Arabia concluded Hijri year 1447 with major achievements including a $270 billion US investment agreement, advancing Vision 2030's final stage, and ranking second globally in science competitions, positioning itself as an international innovation leader.
Saudi Arabia withdrew $5-6 billion from LIV Golf due to financial strain from a failed Iran conflict, forcing the kingdom to abandon sportswashing ventures and refocus defense spending after Donald Trump's military campaign.
Pakistani Prime Minister Shehbaz Sharif announced his country repaid $3.5 billion in external debt, crediting Saudi Arabia's $8 billion financial support that stabilized foreign exchange reserves and strengthened Pakistan's economic resilience amid global economic challenges.
King Salman declared Saudi Arabia a leading development model, reporting 93% of Vision 2030 targets met in 2025, with non-oil GDP contributing 55% of the $1.31 trillion economy and 123 million tourists visiting.
Saudi Arabia's King Salman invited Qatar's emir to October's second GCC-EU Summit, strengthening regional cooperation as both blocs seek to advance peace, security, and prosperity through deepened political engagement and dialogue.
Saudi Arabia's anti-corruption authority signed a global information-sharing agreement with the GlobE Network, enhancing international cooperation to detect corruption crimes, prosecute offenders, and recover stolen assets across 137 countries.
Saudi Arabia's cabinet warned that repeated Iranian attacks on commercial vessels constitute dangerous escalation and maritime security threats, while activating a multinational defense alliance to protect regional navigation and international trade.
Saudi Arabia will host the Global Logistics Forum and GSCF in November 2026, attracting global trade leaders to solidify its position as a continental logistics hub, building on 2024's inaugural success of 13,000 attendees and SR16 billion in agreements.
Prime Minister Mark Carney visits Saudi Arabia for the first time in 26 years, prioritizing trade and investment across energy and critical minerals over human rights concerns that previously strained diplomatic relations in 2018.
Saudi Arabia signed a $150 million petroleum supply agreement with Yemen to fuel over 70 electricity plants nationwide, supporting energy stability and economic growth amid humanitarian challenges and rising temperatures.
The UAE exited OPEC after nearly 60 years in April, frustrated by production caps limiting it to 3.2 million barrels daily despite 5 million capacity, amid regional tensions with Saudi Arabia and Iranian attacks, betting peak oil demand has arrived.
Gulf Cooperation Council leaders endorsed a unified ballistic missile early warning system and collectively rejected Iranian threats to close the Strait of Hormuz, condemning recent Iranian attacks as sovereignty violations while reaffirming collective defense rights.
Saudi Arabia's Crown Prince directed mobilization of all resources to ensure seamless Hajj operations this year, emphasizing world-class services across holy sites and entry ports while welcoming global pilgrims to perform the Islamic pilgrimage.
