Riyadh

Saudi Arabia’s Diriyah Company marks first participation at WEF 2025, leads urban development discussion

The participation supports the WEF 2025 theme “Collaboration For The Intelligent Age”

flynas celebrates first direct flight between Riyadh and Entebbe in Uganda

flynas will operate three weekly flights on the new route between Riyadh and Entebbe

Riyadh Season achieves new high with over 16 million guests

This success stems from diverse offerings like boxing, wrestling, concerts, unique dining, and innovative entertainment zones

Saudi Arabia’s Nice One debuts strong: $320 million IPO soars 30 percent

Shares of the online cosmetics retailer soared to as high as SAR45.5 ($12.1) each

Riyadh Metro complete and operational with launch of sixth and final line

This line runs 41 kilometers from Jeddah Road to the Second Eastern Ring Road, parallel to Khashm Al Aan in the east 

Red Sea International Airport welcomes first flynas flight from Dammam

This marks the first direct link between the Eastern Region and the Red Sea destination

stc Group hits record 5G usage with over 61 percent traffic in Boulevard City during Riyadh Season

stc expanded its Boulevard City network by 12 percent and increased 5G frequencies by 20 percent

Saudi Arabia’s construction market to exceed $90 billion by 2029

Over $20 billion in projects are underway in Riyadh 

Saudi Arabia launches Riyadh Declaration for inclusive and innovative AI

The declaration underscored AI's role in improving digital access, literacy, and economic value while addressing global challenges

How Saudi Arabia is gearing up for FIFA World Cup 2034: Key investments and initiatives

The sports sector has already catalyzed significant GDP growth, increasing from SAR2.4 billion to SAR6.5 billion in just two years

COP16 Riyadh: UAE concludes participation, spotlights key climate initiatives

The UAE delegation at COP16 highlighted key national initiatives including ‘Plant the Emirates’ and the Mangrove Alliance for Climate

Riyadh Metro: New lines connect key locations in the capital

Five out of the six metro lines are fully operational 

ADNH Catering seeks Saudi expansion, raises stake in Compass Arabia to 50 percent

Riyadh's high-growth private healthcare sector presents compelling opportunities to increase market share

Trump’s GCC real estate investments grow with two projects in Riyadh announced

$533 million Trump Tower Jeddah in Saudi Arabia marks milestone GCC expansion for The Trump Organization

FIFA World Cup 2034: Saudi Arabia’s King Salman Stadium to host opening and final match

Stadium to feature royal box with 150 seats, 120 hospitality suites, 300 VIP seats, and 2,200 seats for dignitaries

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

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

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

Saudi Arabia, World Bank partner to establish global knowledge hub in Riyadh

The K-Hub will focus on two primary areas: competitiveness and diversification

Saudi Arabia sees 27 percent surge in incoming tourists over 9 months, says tourism minister 

By the end of 2023, tourism contributed 5 percent to GDP, with a goal of reaching 10 percent by 2030

Saudi Arabia approves FY2025 budget, forecasts $315.2 billion in revenues

The approved state general expenditures amount to SAR1.285 trillion ($342.07 billion)

Saudi Arabia tops Arab region in quality infrastructure rankings, climbs 25 spots globally

The Kingdom ranked 20th globally in the Quality Infrastructure for Sustainable Development Index (QI4SD) 2024