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6 August 2026

Saudi Arabia Invites Danantara to Invest in Madinah Airport

Indonesia's sovereign wealth fund Danantara has been invited to take an equity stake in Saudi Arabia's Madinah Airport, CEO Rosan Roeslani revealed Thursday. The proposal, which surfaced during high-level talks in Makkah and Madinah, is set to move into technical discussions — but the size and value of the stake remain undisclosed, adding intrigue to a potential milestone in the two nations' deepening investment partnership.

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6 August 2026

Saudi's Al Henakiyah 1 solar plant to power 190,000 homes annually

A massive new solar plant in the Saudi desert is now powering nearly 200,000 homes—and doing so at a price that signals a dramatic shift in the Kingdom’s energy landscape. The 1,100-megawatt Al Henakiyah 1 facility is a centerpiece of Saudi Arabia’s ambitious push to remake its electricity grid, with implications that reach far beyond Madinah.

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6 August 2026

King Abdulaziz International Qur'an Competition opens in Makkah

The world’s largest Qur’an memorization competition has returned to Makkah with a record 334 contestants from 133 countries — and, for the first time in its history, women will compete independently. Under King Salman’s patronage, the 46th edition carries a prize pool exceeding SR10 million, underscoring Saudi Arabia’s expanding role in serving the Holy Qur’an. But this year’s historic format shift may be just the beginning of a new era for the contest.

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