#Saudi Arabia

Saudi developer awards facilities management contract for its coastal village

The Coastal Village area includes management offices, villas, townhouses and apartments, and a 144-room hotel

Saudi Arabia Airport

Saudi links boarding passes with health app for all domestic passengers

The application will show the passenger’s status as being immune/immune by first dose/immune by recovery/no record of infection

New giant Saudi pension fund aims to crack world’s top 10 ranks

Saudi Arabia has been taking steps to merge and restructure various entities as it looks to boost efficiency

Saudi destroys 17 armed drones launched by Houthis

The Houthis have been frequently targeting the kingdom with explosive-laden drones in recent weeks

Saudi Arabia to form entity with $29bn in equity holdings

The funds hold significant stakes in Saudi Arabian firms

Saudis say cautious approach to restoring OPEC+ output paid off

Crude futures are trading at a two-year high above $70 a barrel

Elias Aad mastercard

Why smart cities are important to the UAE

Making well-informed data-based decisions around development policy accelerates local business, drives trade, and enables job growth

Saudi non-oil economy rebounded to 2.9% growth in first quarter

In the first quarter, Saudi Arabia’s non-oil economy grew at its fastest pace since 2019

Armed drone from Yemen lands on school in Saudi’s Asir

No injuries were reported in the incident

Saudi wealth fund PIF leads investment in $800m Middle East infrastructure fund

Aberdeen and Investcorp announced the fund two years ago with a view to channel investment into the Middle East’s health care, education and utilities industries

Saudi to create new public transport project with more than 400 buses in Makkah

The bus network consists of two stages and aims to serve pilgrims and residents of Makkah

Hajj 2021

Saudi Arabia to allow only residents and citizens to attend Hajj 2021; limits number of pilgrims to 60,000

The first phase of online registrations for Hajj will be open from June 13-23

Saudi wealth fund appoints deputy governors to spur growth

The PIF has made several high-profile investments in recent years

Saudi Arabia Visas

Saudi to extend validity of visas until July 31 for expats stranded abroad

The extension will be done automatically and at no cost to the visa holders

Saudi bottled water company is said to join list of IPO hopefuls

The IPO could add to a string of listings in Saudi Arabia

Saudi business activity expands at fastest pace since 2017

The kingdom’s Purchasing Managers’ Index survey compiled by IHS Markit rose to the highest since January

Saudi’s ACWA Power inks agreement with Neutral Fuels for Red Sea project

According to the agreement with ACWA Power, Neutral Fuels biofuel is set to power the site’s entire transportation network

Air Arabia Egypt to introduce direct flights from Sharm El Sheikh to Jeddah

Customers can book their flights on the carrier’s website or by calling the call centre or through travel agencies

Saudi Arabia Quarantine

Saudi lifts entry ban for travellers coming from UAE, UK, other countries

The directive is effective from 1am, on Sunday, May 30

Philippines resumes sending migrant workers to Saudi Arabia

Saudi Arabia is the Philippines’ top destination for migrant labour

Saudi Arabia to restart issuing tourist visas soon, official says

Encouraging foreign tourism is a key factor in the kingdom’s efforts to reduce its reliance on oil

Saudi Jeddah port eyes overseas deals after wealth fund backing

The Red Sea Gateway Terminal plans to invest in at least three international ports in the next five years

John Pagano, CEO of The Red Sea Development Company and Amaala

Exclusive interview: John Pagano, CEO of The Red Sea Development Company and Amaala

Saudi Arabia’s mega vision for its tourism industry is thoroughly embodied by way of two large-scale developments along its Red Sea coast, led by the far-sighted John Pagano

Saudi Arabia Visas

Saudi offers automatic extension of residency, visit visas for stranded expats

The General Directorate of Passports will extend the validity of visas of expatriates from countries where entry to the kingdom is currently banned

Saudi’s tourism ministry appoints Gloria Guevera Manzo as chief special advisor

Manzo was most recently the CEO of the World Travel and Tourism Council (WTTC)

Abdulmajeed Alsukhan Tamara

Saudi fintech Tamara eyes expansion into new products following $110m funding

Tamara, which claims to be Saudi Arabia’s fastest-growing BNPL provider, allows consumers new ways to pay online

Lebanon Foreign Affairs Minister Charbel Wehbe

Lebanon foreign minister steps down over Saudi insults

Gulf nations were once Lebanon’s main financial benefactors

Saudi backs Palestinian state based on 1967 borders – foreign minister

Israel and Hamas are near a possible cease-fire deal, according to media reports

Etihad and Saudia extend partnership

UAE’s Etihad and Saudia launch new loyalty programme, renew codeshare agreement

Members of Etihad Guest and Saudia’s Alfursan programme can earn and redeem miles on flights across both carriers’ networks

Click and mortar: The acceleration of technology in construction in the GCC

The future of the construction sector hinges on how swiftly players adapt to newer technologies