Princess Haifa Mohammed Al-Saud, the kingdom’s assistant minister of tourism, spoke on the subject at the World Economic Forum in Davos
Saudi Arabia has seen revenues soar on the back of $100 oil and rising production
From November 21, the airline will operate 60 special daily flights for fans which will run from both Riyadh and Jeddah to Doha
The facility would be powered by renewable energy and produce green energy products
Saudia will operate direct flights to select regional and international destinations, with weekly flights to Dubai set to start by the end of June
Apart from the property in Saudi, there are only five other Ritz-Carlton Reserves worldwide
Saudi Arabia’s posted a $15.3bn budget surplus in the first quarter
The Public Investment Fund acquired a 16.9 per cent stake in Kingdom Holding Company
Jahez is the biggest locally owned food delivery group in Saudi Arabia
Soaring demand ahead of the peak US driving season is sending refining margins to extraordinary heights
Almeswak operates more than 80 centres across 20 cities in Saudi Arabia
Dynamic bandwidth optimisation technology is one of the four solutions patented by the infrastructure provider in 2022
Domestic annual Saudi coffee consumption is forecast to reach 28,700 tons by 2026
The boost was mainly driven by oil revenue, which rose 58 per cent compared to last year
Aramco’s output averaged 10.2 million barrels a day between January and March, up 20 per cent year-on-year
They will need to fill out an online visa waiver application which will be processed within 48 hours and at a cost of GBP30
Demand for products from plastics to paint has soared in the past year with economies recovering from the coronavirus pandemic
Earlier this year, Apple boasted a market value of $3tn, about $1tn more than Aramco’s
The division will have a dedicated meetings and events team that assists with corporate travel needs and event organisation worldwide
Ownership of the 29 airports has already been moved to a new entity
The rally in oil prices has boosted the world’s biggest oil company’s shares
Crude prices have surged to around $110 a barrel in the past year
Saudi Arabia sends more than 60 per cent of its crude exports to Asia
E-commerce represents a significant avenue through which the adoption of digital payments can expand growth opportunities
OPEC and its allies rubber-stamped the standard 432,000 barrel-a-day increase for June
Prince Alwaleed, chairman of the board at Kingdom Holding Company, has now agreed to roll over his current investment
The growth in GDP was driven by an increase in oil activities by 20.4 per cent, and a rise in non-oil activities by 3.7 per cent
The IMF said it expects the bonanza “to improve fiscal and external balances” in a region that includes 13 exporters in total
Americana operates restaurants for brands including Baskin Robbins, Costa Coffee and TGI Fridays as well as KFC and Pizza Hut, according to its website
Lucid said it would start delivering the vehicles by the second quarter of 2023