Saudi Arabia

Saudi Arabia to host 2034 FIFA World Cup

Meanwhile, Morocco, Spain and Portugal will jointly host the 2030 tournament

Red Sea Global’s Desert Rock resort opens doors to guests

Desert Rock features a variety of accommodations, including pool villas, luxury suites and private retreats

GASTAT: Industrial Production Index in Saudi Arabia increases by 5 percent in October 2024

This growth is largely attributed to heightened activity in various sectors, including mining and quarrying

Saudi Arabia’s PIF launches Adeera to develop new homegrown hospitality brands

A comprehensive initiative to transform the Saudi hospitality sector and enhance local talent

LEAP 2025 in Saudi Arabia to welcome over 680 startups, 1,000 speakers

New ticketed format to offer premium experiences and focus on quality business meetings

COP16 Riyadh: IsDB provides over $4.4 billion in financing to projects aligned with UNCCD

IsDB has exceeded its climate action target of dedicating 35 percent of its financing to climate initiatives and projects by 2025

Red Sea Global partners with Jetex to operate private jet terminal at Red Sea International Airport

This partnership was formalized between Jetex and daa International, marking a new era in luxury aviation on Saudi Arabia’s western coast

$5.4 trillion in mineral investments needed for energy transition by 2035: Report

Over 70 percent of mineral capital investments are needed for coal, iron ore, copper and gold

Saudi Arabia’s real GDP grows 2.8 percent in Q3 2024 on stronger non-oil activity

Saudi Arabia's GDP at current prices reached SAR1.007 trillion in Q3 of 2024

COP16 Riyadh: Saudi Arabia launches Riyadh Action Agenda to accelerate land restoration

The UNCCD estimates that by 2050, crop yields could decline by 10 percent globally and 50 percent in the worst-hit regions

The Chedi Hegra hotel opens Its doors in AlUla’s UNESCO World Heritage Site

The Chedi Hegra features 35 thoughtfully restored rooms, suites and villas, offering stunning views of the surrounding desert

Optimism in Saudi real estate fueled by lower rates and strong transparency: Report

The Kingdom’s commitment to economic diversification under Vision 2030 support growth and boost investor confidence 

Airbus opens new regional headquarters in Saudi Arabia

Al Qahtani will focus on strengthening partnerships with governments and stakeholders while driving new business growth in the region

Saudi Arabia’s bank credit surges to record high $766.6 billion in October

Since the beginning of the year, bank credit has seen a 10 percent growth from SAR2.6 trillion at the end of January

AI in sports forecasted to hit $19.2 billion by 2030: Report

AI expected to generate $8.5 billion for GCC media and entertainment by 2030

Most popular destinations to visit in Saudi Arabia this winter

Tabuk, Riyadh, Abha and Al Ula are among the most popular destinations for Saudis seeking winter escapes

Air France-KLM to expand footprint in Saudi Arabia with more flights

Air France-KLM also signs an MoU with Saudia to expand their codeshare and commercial agreements

The economic impact of land degradation: Why $1 billion daily investments are crucial

$2.6 trillion is needed by 2030 to restore over one billion hectares of degraded land and improve drought resilience

New Murabba launches ESG and decarbonization strategies aligned with Vision 2030

These frameworks demonstrate the company's commitment to sustainable development

Saudi Arabia Crown Prince launches National Red Sea Sustainability Strategy

Strategy aims to increase the coverage of marine and coastal protected areas from 3 percent to 30 percent by 2030

COP16 Riyadh: NEOM green hydrogen facility to meet 10 percent of global production targets

Facility supports the goals of the Saudi Green Initiative to promote clean energy sources and reduce carbon emissions

Saudi Arabia Crown Prince meets French President, executives from top French companies

Meeting addressed efforts to combat desertification and the exchange of innovative expertise and technologies

Saudi Arabia, France form strategic partnership council to bolster cooperation in key sectors

FDI flows from France to Saudi Arabia amounted to more than SAR11.2 billion in 2023

Saudi Arabia’s Aramco acquires 10 percent stake in Horse Powertrain Limited

Renault Group and Geely will each retain a 45 percent stake in the company