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Riyadh topped the regions in Saudi Arabia for issuing e-commerce records, with 16,535 commercial records
The sector recorded more than 280,000 transactions since the beginning of 2024
The GCC hospitality sector's revenue is expected to reach $48.1 billion by 2028
Prime office rents in Riyadh rose 14.5 percent, while Grade A and B rents increased 11.8 percent and 10.3 percent
GACA report assesses 11 operational performance standards to enhance services and traveler experiences
The move falls in line with the country's ambitious plan to reach 250 global destinations by 2030
The Saudi aviation sector contributed $53 billion to the country's economy and supported around 958,000 jobs nationwide
The sector supports 241,000 jobs, with a further estimated 717,000 jobs in the tourism sector
Riyadh Air to contribute $20 billion to the kingdom's non-oil GDP
With this expansion, the number of routes connecting Saudi Arabia and the UAE will increase to nine
Dubai and Riyadh are notable global shopping destinations
Leading hospitality brand to open 70 hotels in the region in the next few years
Tourism sector is expected to contribute $15.5 trillion to the global GDP by 2030
Conference positions Saudi Arabia as global investment hub, promotes its promising business environment
UAE has allocated AED200 billion to clean energy projects locally until 2030
Collaborative effort is needed to address the energy trilemma of security, equity and sustainability
The IMF aims to boost its involvement with regional institutions, governments, and stakeholders by setting up this office
First airport in Saudi Arabia to implement biometric e-passport scanners
This figure surpassed the previous peak of $17.57 billion in 2018
King Khalid International Airport topped international terminals with over 6 million passengers annually
The developer opened doors to first guests at The Red Sea destination in 2023
The initiative seeks to enhance the presence and collaborative efforts of the IMF with Arab institutions
More than 600,000 trees and shrubs will be planted, covering 65 percent of the park area
The inaugural Esports World Cup is set to take place later this year in Riyadh
