Saudi Arabia announces new economic projects and a strategy review

Saudi Arabia is moving forward with several major economic initiatives. A subsidiary of a training company signed a 67.5 million riyal contract with the Saudi Foreign Ministry, and the country's sovereign wealth fund is reportedly preparing to announce a revamped strategy.

Separately, Saudi Arabia Railways reported record numbers for 2025, carrying 14 million passengers and 30 million tonnes of freight. The country is also set to host a conference for emerging market economies in AlUla next week.