The deal is the first export credit agency financing by the sovereign fund and will help finance exports from Korea to Saudi Arabia
ENVI Al Sifah will open in late 2025 and will feature 40 luxury tents
The kingdom will host the global event from October 2030 until March 2031
UNWTO’s members include more than 500 companies, educational and research institutions, and NGOs
The entertainment destination is centrally located between the cities of Abha and Khamis Mushait, and will be developed with an investment of over SAR1.3bn
Research conducted by GSMA Intelligence with Huawei revealed that 80 per cent of consumers surveyed across 16 countries now view climate change as the world’s top issue
The trade surplus in Saudi Arabia remains stable amid continued levels of strong trade in the country
The market regulator invited participants in the capital market as well as relevant and interested persons to participate in a 30-day public consultation
Holiday Inn and Suites Taif and Staybridge Suites Taif will both open in 2025
Compensation provisions for flight delays, cancellations, overbooking and unexpected stopovers have been bolstered and extended
The Saudi Tourism authorities hope to match visitor numbers to previous years which saw between 12 to 15 million tourists visit the annual festival
Foreign investment levels in Saudi Arabia’s capital markets are on a tear, with demand rising dramatically over the last eight years since regulators started opening up trading.
The Minister of Energy said the discovery of the Al-Hiran natural gas field was confirmed after gas flowed from the Hanifa reservoir in the Al-Hiran
The Gulf’s biggest economy will be among the three top fastest growing countries in the world next year, with only India and Indonesia set to expand faster
Not only is Saudi Arabia making waves with Riyadh Air, but it’s also attracting the world’s biggest tech players as Google unveils its new cloud region in the kingdom.
Riyadh Air COO Peter Bellew on being the region’s youngest airline, the national carrier’s ambitions, its current challenges, and being a digital native
The search engine giant has officially activated its newest cloud region in Saudi Arabia, opening a host of new digital opportunities for the country’s economy
Benefits that would be available for guests booking flights on Saudia or Riyadh Air will be announced when Riyadh Air launches in 2025
King Faisal Specialist Hospital & Research Centre’s Dr Wijdan Alahmadi shares the centre’s work in advancing astronaut safety and biomedical discovery
The solar facility is expected to reach financial close early next year and connect to the grid in 2025
Net profit declined to $32.6bn for the quarter to September 30 from $42.4bn a year earlier
The PIF-owned airline has previously placed an order for 72 Boeing 787 widebody jets in anticipation of its launch date
The list includes individuals who have a valid tourist or commercial visa from the US, the UK or any Schengen country
The voco Makkah hotel is a 4,321-key property with 20,000 sqm of dining facilities
Based on the voluntary cut, the kingdom’s production in December will be approximately nine million barrels per day
The funds from this loan facility will support The Helicopter Company’s ongoing investments in cutting-edge aircraft and infrastructure
The company’s Q3 2023 net income remained flat QoQ, with the increase in operating profit mostly offset by higher finance costs
The automaker slashed the price of its Air Touring model to $87,500 and the more powerful Grand Touring by $10,000 to $115,600
Talks were held when Saudi Arabia’s crown prince visited India in September for the G20 Summit
The vehicle plans to offer 643 million ordinary shares and wants to list on the Abu Dhabi Securities Exchange