Vision 2030

Saudia Group expands domestic network with eight new daily flights to Abha

Saudia has increased its daily flights to Abha from 14 to 19, marking a notable 35.71 percent growth

Saudi Arabia’s Diriyah Company signs $2 billion development contract to develop new mixed-use district

The project involves the construction of advanced educational institutions, cultural venues, modern offices, and a luxury hotel

Saudi Arabia reveals designs for world’s tallest sports tower in Riyadh

The tower stands tall at 130 meters, encompassing 84,000 sqm of world-class facilities

Emirates inaugurates $5.4 million lounge at Jeddah’s King Abdulaziz International Airport

Emirates' 900-square-meter lounge is located in the airport’s newest Terminal 1

Saudi Aramco exercises greenshoe option, raises $12.35 billion from share sale

By exercising the greenshoe option, Aramco raised an additional $1 billion from the listing

Saudi Arabia attracts $412 million in venture capital funding in H1 2024: Report

Kingdom accounts for 54 percent of the region's VC investments, a significant increase from its 38 percent share in 2023

E-commerce in Saudi Arabia sees 17.47 percent surge with 40,697 new records in Q2 2024

Riyadh topped the regions in Saudi Arabia for issuing e-commerce records, with 16,535 commercial records

Saudi’s flynas launches first direct flight between Riyadh and Egypt’s El-Alamein

flynas already connects Egypt to Saudi Arabia with more than 120 weekly direct flights

Saudi banks post $1.95 billion in aggregate profits for May 2024, reaching 14-month high

Cumulatively, banks recorded a total profit of $9.27 billion in the first five months of 2024

Saudi real estate sector contributes 5.9 percent to GDP, hits $169.5 billion in transactions

The sector recorded more than 280,000 transactions since the beginning of 2024

Saudi hospitality revenue to rise 7.5 percent in next 4 years, fueled by tourism and Vision 2030

The GCC hospitality sector's revenue is expected to reach $48.1 billion by 2028

Beyond payments: How Mastercard is fueling transformation and driving inclusion

Great strides have been made in advancing digital transformation and building a robust payment ecosystem across the region