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Economy Middle East Summit 2025
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Economy Middle East Summit 2025
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Saudi Arabia
Miscellaneous
$13.32 million initiative restores 56 heritage buildings in Jeddah historic district
The project primarily targets showcasing the rich heritage of the Historic Jeddah District
Saudi Arabia
Saudi Arabia introduces green financing framework to drive sustainability
Framework reaffirms Saudi Arabia's position as a regional leader in sustainable finance
Miscellaneous
More than 1,200 brands ready for franchising in Saudi Arabia: Report
The Kingdom’s franchising market offers over 10,000 business opportunities
Energy
Saudi Arabia’s ACWA Power inks $800 million deal with Senegal for desalination project
The plant, known as the Grande Côte seawater desalination plant, will have a capacity of 400,000 cubic meters per day
Hospitality & Tourism
Saudi Arabia’s Red Sea international airport set to welcome inaugural flight with flydubai service
New twice-weekly service, operated by flydubai, commences from DXB to RSI on 18 April
Energy
Abu Dhabi’s TAQA, Japan’s JERA to develop greenfield plant in Saudi Arabia
Project leverages advanced technologies and emphasizes sustainability
Economy
Saudi Arabia’s greenfield FDI inflows surge over two-fold to $28.78 billion
This figure surpassed the previous peak of $17.57 billion in 2018
Miscellaneous
Saudi Arabia to lead U.N. forum for women’s rights
The Kingdom's Ambassador Dr. Abdulaziz Al-Wasel becomes first permanent representative to chair committee since 1946
Saudi Arabia
First Saudi Green Initiative Day: Celebrating the Kingdom’s commitment to sustainability
The occasion coincides with the initial launch of the Saudi Green Initiative on the same date in 2021
Hospitality & Tourism
Saudi Arabia sets ambitious goal to rank among top 10 global tourism destinations in 2024
The Kingdom currently holds 940,000 jobs in the tourism and hospitality fields
Economy
Saudi Arabia’s private equity activity surges to $4 billion in transactions in 2023
Kingdom's private equity sector thrives, dominated by buyout transactions
Energy
Saudi Arabia’s ADES Holding inks two agreements for oil exploration and production in Egypt’s Gulf of Suez
For FY 2023/2024, Egypt has raised its projected total investments in oil and natural gas to $5.79 billion
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