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Economy Middle East Summit 2025
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Economy Middle East Summit 2025
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Saudi Arabia
Real Estate
droppRWA and RAFAL Real Estate to launch Saudi Arabia’s first tokenized real estate transaction
The initiative allows citizens to invest in high-value assets starting from just a few Riyals
Saudi Arabia
stc group enhances digital infrastructure, innovative solutions for government and private agencies with launch of 21 new sites to serve pilgrims
The group has set up 11 logistics hubs and 99 maintenance centers at the holy sites
Industry
Dubai’s $10 billion infrastructure spending fuels growth of commercial vehicle market
Saudi Arabia's $267 billion in infrastructure investments are also key to driving industry growth
Banking & Finance
STC Bank wins Temenos’ Fast Track Growth award for remarkable user adoption
User-friendly features and instant transfers have fueled STC Bank's notable expansion in three months
Logistics
Red Sea International Airport boosts service quality with new five-year ground handling agreement
SGS will oversee passenger services and all apron operations to enhance airport competitiveness
Hospitality & Tourism
flynas launches direct flights from Riyadh to Damascus starting June 5
The addition of Damascus marks a significant milestone in flynas's growth and expansion plans
Miscellaneous
China grants 30-day visa-free entry to Saudi, Kuwaiti, Omani, and Bahraini citizens starting June 2025
The new visa-free policy will allow stays of up to 30 days for various purposes in China
Logistics
WeRide launches robotaxis in Saudi Arabia, advancing Vision 2030 with smart mobility and traffic tech
This initiative supports Saudi Arabia's Vision 2030 by enhancing road safety and traffic management
Economy
Saudi Arabia, China strengthen financial cooperation in tax policy and capital markets
Discussions aimed at strengthening bilateral ties and improving international financial institutions
Saudi Arabia
Global Water Organization begins operations in Riyadh under Saudi Crown Prince’s patronage
The organization seeks to drive innovation and improve access to sustainable water resources globally
Miscellaneous
Eid al-Adha 2025: Top travel spots, cultural festivities, and visa tips for families
Explore cultural events and activities that cater to families during the Eid celebrations
Saudi Arabia
Saudi Arabia’s ACWA Power inks strategic deals in Malaysia with potential investments of up to $10 billion
Partnership with MIDA to explore the development of up to 12.5GW of power generation capacity by 2040
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