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GACA report assesses 11 operational performance standards to enhance services and traveler experiences
The rating reflects the government's significant progress in implementing a broad-based reform agenda since 2016
Al Khateeb outlines plans to add over 250,000 hotel rooms, attract young Saudis to the industry
By 2025, the Kingdom is expected to account for 67 percent of the MENA region's total E&P expenditure
The largest share of spending (15 percent) was on beverages and food, amounted to $471.94 million
This comes as part of Round 4 of the Saudi National Renewable Energy Program (NREP)
The total value of commodity exports stood at $77.77 billion
GACA launches first aviation sector report for Saudi Arabia highlighting contributions of $53 billion
The move falls in line with the country's ambitious plan to reach 250 global destinations by 2030
Saudi CEOs anticipate that GenAI will significantly change the creation, delivery and capture of value in the next three years
The sector is predicted to experience a 13.5 percent annual growth, surpassing the global average of 11.2 percent
Number of flights increased to over 37 million last year, according to GACA President
According to the report, the UAE has raised its score by 4.4 percent in the 2024 index
The Saudi aviation sector contributed $53 billion to the country's economy and supported around 958,000 jobs nationwide
Data also showed that Saudi refineries' crude throughput fell in March by 0.115 million bpd to 2.560 million bpd
The sector supports 241,000 jobs, with a further estimated 717,000 jobs in the tourism sector
This represents a 3.66 percent rise compared to the previous month
The licenses cover 10 building materials quarry licences, one mineral ores surplus licence, and one reconnaissance licence
Saudi Arabia topped the list of Arab countries importing the most from Egypt during the year
Inflation in April was driven by a 10.4 percent increase in rental prices, largely due to a 9.4 percent jump in villa rents
Program rehabilitated of over 100 heritage sites and museums in 2023
SEVEN spearheads 21 entertainment projects across 14 cities, with investments exceeding $13.33 billion
Diriyah reiterates commitment to expanding its partnership portfolio across various sectors
The company's gross profit margin also demonstrated strength, reaching 41.2 percent in the quarter
