#Vision 2030
With its untouched seafront location, Xaynor will offer club members an opportunity to escape the hustle and bustle of city life, and recharge in a secluded, exclusive environment
The kingdom aims to attract 150 million tourists by 2030, with 80 million domestic and 70 million international tourists
The state-owned carrier operated 176,300 flights while transit flights registered 77 per cent growth compared to the year 2019
PIF-backed ROSHN’s group CEO tells us how the company is delivering on Saudi Vision 2030’s goals by building over 400,000 homes by 2030
The five new premium residency products offer a wide range of benefits to holders, including the ability to conduct business and own real estate properties
The kingdom’s venture capital market was boosted by the government’s focus on innovation, a dedicated unicorn project, and investments from sovereign funds
The agreement outlines the collaboration between the two entities to develop modern technologies in the energy sector
Big-ticket purchases included $4.9bn for US gaming company Scopely, $3.6bn to buy Standard Chartered’s aircraft leasing division and $3.3bn for steelmaker Hadeed
Located on the coastline of the Gulf of Aqaba, the lifestyle community will have a 120-berth marina that will serve as an international hub for superyachts
The authority signed the contracts with Zamil Marine Services and Naghi Marine Company to provide diverse maritime services
Set to be built along the Gulf of Aqaba, Utamo, is crafted as an immersive destination for art and entertainment
The company will spearhead the kingdom’s efforts to ensure food security, mitigate climate change and achieve net-zero emissions by 2060
Qiddiya City expects to attract an anticipated 48 million visits per year with its never-built-before array of world-class attractions and venues
The budget estimates expenditures of SAR1.3tn in 2024 and total revenues of SAR1.2tn
The Saudi Tourism authorities hope to match visitor numbers to previous years which saw between 12 to 15 million tourists visit the annual festival
Some companies have raised concerns over the regulatory framework, including taxation
Geopolitical tensions heightened by the Middle East crisis pose the biggest threat to the world economy
Jafurah is Saudi’s largest unconventional non-oil associated gas field, with reserves estimated at 200 trillion cubic feet
Expected to handle more than 90,000 flights per year, the new airport will feature 20 gates, along with 41 check-in counters and seven self-service check-in kiosks
A delegation of Saudi ministers and leaders were the first guests of the destination
The wealth fund will hold a 75 per cent shareholding in the company, while the SEC will own the remaining 25 per cent stake
The kingdom has qualified for the iconic tournament on six occasions since 1994 – most recently in 2022
The unemployment rate for female citizens fell to 15.7 per cent, from 19.3 per cent a year ago
The logistics firm set the price range at SAR98 and SAR106 per share, implying a market capitalisation on listing of as much as SAR8.5bn
The group’s head of programme and project management tells Gulf Business that MARAFY is an example of the company’s approach to integrated community development
The partnership is expected to significantly boost food security and self-sufficiency in poultry products in Saudi Arabia
The data centre will store data locally in line with Saudi Arabia’s data regulations
The kingdom will build 59 logistics centres with a total area of more than 100 million square meters
The four-day programme will host master developers, exclusive showcases of giga projects, as well as B2B real estate services
The fund aims to play a pivotal role in helping achieve the ambitious industrial development agenda of Saudi Arabia as it transforms its economy