#Saudi Arabia

Saudi Arabia economy growth

Saudi Arabia unveils master plan for logistics centres

The kingdom will build 59 logistics centres with a total area of more than 100 million square meters

Champions League - Manchester City

Saudi Arabia in Champions League? SPL outlines ambitions

UEFA members include a few non-European countries, including Kazakhstan, whose clubs can participate in the Champions League

BRICS SUMMIT-SOUTH AFRICA

UAE, Saudi Arabia to join BRICS; President Sheikh Mohamed welcomes membership

The BRICS grouping has announced an expansion in its ranks with six new members, including UAE, Saudi Arabia, Ethiopia and Egypt

How Tonomus is transforming NEOM

Exclusive: Joseph Bradley on transforming NEOM into an epicentre of innovation

Tonomus CEO explains how NEOM’s first digital communications facility will connect the city to the world by rolling out and using cutting-edge telecommunications

Hilton has confirmed its first airport hotel in Saudi Arabia (Image: Supplied by Hilton)

Hilton to open airport hotel in Dammam

The 273-key property will have direct skywalk access to the terminal building at King Fahd International airport

Saudi

Saudi Arabia unveils $200m fund to propel local and global high-tech

The initiative is part of a strategy announced for the King Abdullah University of Science and Technology

GCC airline Saudia offering 50 per cent discount on tickets GettyImages

This GCC airline is offering up to a 50% discount on tickets

Customers have to book tickets between August 17-30, with the validity for travel being between September to November

Cityscape Global Saudi to debut in September

Cityscape Global Saudi to debut in September

The four-day programme will host master developers, exclusive showcases of giga projects, as well as B2B real estate services

Diriyah’s first phase of masterplan obtains LEED platinum certification

It is the first time that a project in the Middle East has received the accolade in LEED for Cities and Communities

India school GCC

India supports community initiatives for new schools in GCC

Within the GCC, the largest number of Indian schools are in the UAE

Flynas (Image: Supplied by flynas)

Flynas signs sustainability agreement with Saudi Investment Recycling Company

The two entities will jointly explore opportunities to develop best practices and solutions for the airline’s recycling needs

Tanmiah posts SAR983.1m in H1 revenues

Tanmiah H1 revenue surges to SAR983.1m on poultry sales

The food manufacturer’s half-year profit increased by 2.2 per cent to SAR32.4m from SAR31.7m a year earlier

Red Sea Global 5G network (Source: Sourced from Red Sea Global Media Centre)

World’s first zero-carbon 5G network unveiled at Six Senses Southern Dunes

It will be powered by 100 per cent renewable energy from over 760,000 solar panels that Red Sea Global has built to power The Red Sea destination

Saudi Arabia plans to issue $9.6bn in sukuk after buyback GettyImages-1464744716-1

Saudi Arabia plans to issue $9.6bn in sukuk after buyback

HSBC Saudi Arabia, Al Rajhi Capital, SNB Capital, and AlJazira Capital have been appointed as joint lead managers to lead the transaction

Riyadh Air signs first sports sponsorship deal

Riyadh Air signs multi-year sponsorship deal with Atlético de Madrid

The partnership is the first sports sponsorship deal that Riyadh Air has signed since its official launch in March

Kerten Hospitality will debut its The House Residence brand in the Oxagon (Image: Supplied by NEOM)

Kerten Hospitality to enter NEOM’s Oxagon

A 200-unit serviced apartments property will welcome its first guests in 2025

ACWA Power H1 2023 results Image Acwa Power

ACWA Power H1 net profit rises 26% to SAR684m

Operating income — before impairment, loss and other expenses — for the six-month period stood at SAR1,289m

Lucid

Lucid pledges to reach 10,000-EV target this year; shares rise

The company’s shares jumped more than 5 per cent in post-market trading

PIF launches fitness and wellbeing company

Saudi Arabia’s PIF sets up fitness and well-being company

Kayanee will adopt a female-focused approach to all its services, prioritising mental, physical and social health to create a vibrant society

Saudi Arabia Type-c Charger

Saudi Arabia to mandate Type-C USB charging ports by 2025

The decision will contribute to reducing the amount of annual domestic consumption of chargers and charging cables by more than 2.2 million units annually

King Abdullah Port

King Abdullah Port announces strategic partnerships boosting maritime offerings

The alliance marks a new chapter in the growth of the port’s maritime services

Yasser Nasr-Aldin, co-founder, chief strategy officer and head of investment at YaSchools Image YaSchools

Saudi edtech YaSchools raises $600,000 in seed round, plans for expansion to Jordan

Since the launch of its microlending services in early 2023, YaSchools has received financing requests worth more than $40m

Saudia inaugurates flights from Riyadh, Jeddah to Beijing

Saudia launches flights connecting Riyadh, Jeddah with Beijing

The new routes reinforce Saudi Arabia’s commitment to boost the growth of the tourism and aviation sectors

Saudi

Saudi Arabia expands visitor e-visa to eight additional countries

Nationals of these countries can apply for a Saudi visitor visa ahead of their journey via the official e-visa portal

Saudi

Saudi city of future enlists Dutch help to grow crops in desert

It is carving out an area the size of some 15 soccer fields to form a horticulture oasis on the outskirts of Neom

Fairmont Ramla Serviced Residences Riyadh (Image: Supplied by Fairmont)

Fairmont opens its first Saudi serviced residences property

The 249 residences range in size from one-bedroom suites to four-bedroom penthouses

Saudi Arabia’s PIF sets up company to promote sports sector

Saudi Arabia’s PIF sets up company to promote sports sector

SRJ Sports Investments will invest in businesses specialised in offering unique fan engagement activities and transformative sports technology

Hilton to open over 50 properties in Saudi Arabia onrad Riyadh Laysen Valley

Hilton to quadruple its presence in Saudi Arabia, aims to open over 50 new hotels

Hilton currently operates 16 hotels in Saudi Arabia, including Waldorf Astoria Jeddah – Qasr Al Sharq, Conrad Makkah, and Hilton Riyadh Hotel & Residences

oil

Saudi Arabia extends voluntary oil production cuts into September

It’s the second time the kingdom has extended the oil production cut, which was first announced in June after a meeting of the OPEC+ countries

flynas

Flynas, Tabby to offer 4-month installment plan for travel tickets

The partnership comes just in time for travellers, especially with the increasing demand for air travel around the world