It will be powered by 100 per cent renewable energy from over 760,000 solar panels that Red Sea Global has built to power the entire destination
HSBC Saudi Arabia, Al Rajhi Capital, SNB Capital, and AlJazira Capital have been appointed as joint lead managers to lead the transaction
The partnership is the first sports sponsorship deal that Riyadh Air has signed since its official launch in March
A 200-unit serviced apartments property will welcome its first guests in 2025
Operating income — before impairment, loss and other expenses — for the six-month period stood at SAR1,289m
The company’s shares jumped more than 5 per cent in post-market trading
Kayanee will adopt a female-focused approach to all its services, prioritising mental, physical and social health to create a vibrant society
The decision will contribute to reducing the amount of annual domestic consumption of chargers and charging cables by more than 2.2 million units annually
The alliance marks a new chapter in the growth of the port’s maritime services
Since the launch of its microlending services in early 2023, YaSchools has received financing requests worth more than $40m
The new routes reinforce Saudi Arabia’s commitment to boost the growth of the tourism and aviation sectors
Nationals of these countries can apply for a Saudi visitor visa ahead of their journey via the official e-visa portal
It is carving out an area the size of some 15 soccer fields to form a horticulture oasis on the outskirts of Neom
The 249 residences range in size from one-bedroom suites to four-bedroom penthouses
SRJ Sports Investments will invest in businesses specialised in offering unique fan engagement activities and transformative sports technology
Hilton currently operates 16 hotels in Saudi Arabia, including Waldorf Astoria Jeddah – Qasr Al Sharq, Conrad Makkah, and Hilton Riyadh Hotel & Residences
It’s the second time the kingdom has extended the oil production cut, which was first announced in June after a meeting of the OPEC+ countries
The partnership comes just in time for travellers, especially with the increasing demand for air travel around the world
The completion is anticipated by the end of the calendar year, subject to regulatory approvals and satisfaction of customary closing conditions
Positions will include a secondment in Europe to gain experience with international space programmes
The aircraft is said to offer new levels of performance, seating 180 to 220 passengers in a typical two-class interior layout
SEVEN has upcoming projects across 14 cities across Riyadh, Kharj, Makkah, Jeddah, Taif, Dammam, Khobar, Al Ahsa, Almadinah, Yanbu, Abha, Jizan, Buraidah and Tabuk
The new tool allows protected area managers to carry out self-assessment of facilities and practices against IUCN’s Green List standard
The new company will invest in new tourism projects and develop attractive destinations in cities across the kingdom
Additionally, SELA, the Public Investment Fund-owned creator of experiences and iconic destinations has committed to being major stakeholders too
West Texas Intermediate traded near $79 a barrel, after slipping 1.1 per cent on Wednesday
Set to open by mid-2024 in Jeddah, the property will be one of the first new generation Regent Hotels to open globally
The bank’s net profit surged by 9 per cent to reach $1.33bn (SAR5bn) in the three months to June 30
Prince Abdulaziz bin Saud said the kingdom is actively working to lessen suffering in areas affected by crises, conflicts and disasters
The lending group also included First Abu Dhabi Bank acting as lead arranger