Stories from Riyadh · Saudi Arabia

A company sold its television factory this year, a decision made after a quarter-century of producing television sets.

The Kingdom's representative to the United Nations reiterated that targeted meetings aim to consolidate calm and build a solid ground for negotiation. This Saudi vision has a long legacy, beginning 100 years ago with King Abdulaziz laying the foundation for regional calm.

Saudi Arabia is maintaining a consistent diplomatic approach in the Middle East, prioritizing dialogue and de-escalation to contain tensions and avoid conflict.

A Technical College has been nominated to represent the Kingdom of Saudi Arabia at the ITX 2026 International Exhibition. The smart platform, invented by Elaf, aims for patient prevention and protection rather than just treating problems after they occur.

Saudi Arabian company Emianiti reported losses of 54,827,000 riyals for the first quarter of 2026. This compares to profits of 10,660,000 riyals during the same period in 2025. The company attributed the losses to declining sales caused by slowing demand following certain delays. A report from a Saudi source indicated a financial figure of 69 billion and 470 million riyals for the fourth quarter.

Saudi Arabian and United Arab Emirates leaders spoke to President Trump within the last 48 hours to request a quick end to the war. The leaders are urging a peaceful solution to the ongoing conflict.

Saudi Arabia and Kuwait have removed previous restrictions regarding the use of their bases and airspace by United States military forces. Reports indicate movements toward an agreement following clashes near the Strait of Hormuz. No new specific facts provided in the current feed to update the existing story. Markets in Hong Kong, South Korea, and Australia also declined, with London and France showing decreases. Iran reported that the situation has returned to normal, while Saudi Arabia maintained it does not wish for accidental conflict. Iranian Foreign Ministry spokesperson Baghaei stated on August 6 that Iran has not yet responded to the US proposal and refuted reports that a ceasefire memorandum is near completion. Major decliners included Delta, AOT, and CPO stocks. The report follows discussions regarding the necessity of such steps for regional security.

A company reported a net profit increase of approximately 39 percent during the first quarter of the current year. Net profits reached 26.9 million riyals. The growth was supported by year-on-year revenue increases and improved net profit margins. These facilities aim to fund capital growth through 2027. A Saudi firm reported a net profit of 288,081,000 riyals for the current period. This represents an increase from the 261,692,000 riyals earned during the same period last year. The company also noted growth in insurance business and increased recoveries from reinsurance companies. Saudi Arabia reported "two chapters of profits" following a period of decline that "continued for sixteen consecutive chapters." Revenues during the same period increased to "two hundred and twenty-five."

Sardar Mudat has been appointed as the new head of the Supreme Election Council.

Sickle cell anemia involves red blood cells becoming rigid and clumping together. These cells can cause blockages in the microvasculature. Such blockages lead to intense pain that often requires emergency medical intervention.