#riyadh

Saudi cost of living

Saudi cost of living in line with swift economic progress: Mercer

The driver behind the changes in Saudi Arabia’s cost of living is an increase in the cost of groceries and personal care items

Proven

TMF Group expands into Saudi by acquiring Proven’s corporate services business

TMF Group will open a new office in Riyadh, and build on the existing Saudi clients

Flynas (Image: Supplied by flynas)

Flynas to commence flights to Egypt’s Sphinx International airport

It will operate thrice-weekly nonstop services from Riyadh and Jeddah

Amazon Saudi Riyadh Fulfillment Center Inauguration Image credit Amazon

Amazon launches new fulfillment centre in Riyadh

The facility spans 390,000 square feet across five floors – approximately the size of five football fields

PwC Middle East

PwC Middle East inaugurates regional headquarters in Riyadh

This comes as part of the firm’s broader commitment to the region to create 6,000 new jobs and continued investment in digital technology and ESG

Rotana's Guy Hutchinson signs the agreement at the FHS in Riyadh. (Image: Supplied by Rotana)

Rotana signs agreement for five new properties in Riyadh

The openings will cumulatively add 618 keys to its portfolio and includes four Edge by Rotana hotels as well as one Rayhaan by Rotana property

Chalhoub group to operate centre from Riyadh Integrated

Chalhoub Group to open fulfillment centre at Riyadh Integrated

Set to open in mid-2025, the fulfillment centre located in the kingdom’s first special integrated logistics zone will serve as a flagship centre for the region

SAUDIA B787-9 (Image: Supplied by Gatwick Airport comms)

Saudia ramps up flights to Europe and Asia

It has confirmed 56 additional weekly services to 14 destinations

Saudi jobs growth highest in half a decade

IHG to open another voco property in Riyadh

The 246-key voco Hotel and Suites Riyadh North is scheduled to host its first guests in 2026

NorthLadder

NorthLadder launches second-hand marketplace in Saudi Arabia

Residents in Riyadh and Jeddah can now use the marketplace to sell their used laptops, mobile phones, tablets and smartwatches

saudi arabia non-oil activity

Saudi Arabia to host Web3 Delight in March

The event will take place on March 6 at Riyadh International Convention and Exhibition Center

China grants Saudi Arabia Approved Destination Status

Saudi launches company to develop world’s largest downtown in Riyadh

The new Murabba project will feature a museum, a technology and design university, a multipurpose immersive theater, and more than 80 entertainment and culture venues

Leap23

Saudi’s LEAP23 bags honour of world’s largest tech event based on visits

The second edition welcomed more than 172,000 attendees

HPE

HPE announces new Riyadh headquarters for Middle East region

UAE serves as the headquarters for Africa and is operated separately from the rest of the Middle East organisation

LEAP23

LEAP23 announces investments of over $9bn to support future technology and startups

The event is running at Riyadh Front Exhibition & Conference Centre from today until February 9

Oracle

Oracle to open third public cloud region in Saudi Arabia

The new region in Riyadh is part of the company’s planned $1.5bn investment to expand cloud infrastructure in the kingdom

CEO of TAM, abdullah-yusuf.png

Saudi management consultancy TAM receives CMA approval for IPO

The consultancy will list shares on Tadawul’s Nomu-Parallel Market

Lazard

Lazard names key Aramco IPO banker as head of MENA advisory

Wassim Al-Khatib will also be the CEO of Lazard Saudi Arabia

Saudi Flynas

Saudi low cost carrier Flynas eyes expansion with overseas units

The airline said it would seek so-called Air Operator Certificates in two unidentified countries as it looks to double the scale of its operations

Mideast KFC operator Americana raises $1.8bn from IPO

Mideast KFC operator Americana raises $1.8bn from IPO

Americana will be the first company to have its shares traded in both Riyadh and Abu Dhabi

KFC

Gulf KFC operator seeks up to $1.8bn from Saudi, UAE IPO

The final offer price is expected to be announced on November 23 and trading on both exchanges will start December 6

Middle East KFC operator set for Abu Dhabi, Riyadh dual listing

Americana Restaurants International received approval to sell a 30 per cent stake, or 2.53 billion shares

Masdar inaugurates new office in Saudi Arabia to expand presence

Masdar inaugurates new office in Saudi Arabia to expand presence

Masdar aims to add to existing projects in the kingdom, including a 400MW wind farm and a 300MW solar power plant

Amazon opens its new corporate office in Riyadh

Amazon opens its new corporate office in Riyadh

With the opening of the new office, Amazon is also working to launch an initiative to empower and train Saudi talent

Saudi’s Seera Group to operate inbound charter flights to the kingdom

Flights will operate from November 2022 through to March 2023

Sohag

Saudi carrier flynas to resume direct flights to Sohag from Riyadh, Jeddah

From October 30, three weekly flights will connect the two Saudi cities to Sohag

HSBC Saudi Arabia promotes Faris Alghannam to CEO role

Alghannam has been with HSBC Saudi Arabia since 2011

Wizz Air

Wizz to have 50-plane fleet in Saudi Arabia by end of decade

Wizz as a whole is planning for a fleet of 500 aircraft by 2030

Riyadh Saudi Arabia

Saudi oil driller hires Goldman, HSBC, SNB Capital for local IPO

Arabian Drilling operates 45 rigs and had revenue of $586m last year

Global AI Summit Saudi

Global summit on artificial intelligence begins in Riyadh

The second edition of the Global AI Summit brings together various stakeholders to discuss the future of artificial intelligence and the kingdom’s contribution to this field