The news, anew
A year after regulations freezing rent increases began to take effect, the rental market in Riyadh has begun to show a clear shift in the trajectory of prices. Residential rents grew by 4.5 percent in August 2026, the slowest pace of increase in more than three years, while the share of household income absorbed by rent declined to about 15 percent, from more than 17.5 percent a year earlier.
Business
The Saudi Ministry of Energy signed on Monday a memorandum of understanding with the International Energy Forum (IEF) to strengthen cooperation across the energy sector.
Business
Minister of Finance Mohammed Al-Jadaan is leading Saudi Arabia's delegation to the 2026 Annual Meetings of the International Monetary Fund (IMF) and World Bank Group (WBG), which began in Bangkok, Thailand, on Monday
Business
Saudi Minister of Energy and Minister of Industry and Mineral Resources Prince Abdulaziz bin Salman bin Abdulaziz signed in Riyadh on Monday four memoranda of understanding with ministers from Mongolia, Tanzania, Cyprus and Mauritius to strengthen cooperation across a range of energy fields. The MoUs were signed on the sidelines of the 25th WPC Energy Congress, hosted by Saudi Arabia through October 15 under the theme “Pathways to an Energy Future for All."
