The tournament plan promises exceptional experiences for participants and audiences, providing them with the opportunity to explore a rich collection of cultural sites
Saudi Arabia
NEOM
NEOM invests in construction robots as market tipped to pass $774m
NEOM is investing in an emerging European robot specialist as it looks to modernise construction in Saudi Arabia
Aviation
Saudi low-cost airline flynas partners with WebEngage to enhance customer experience
WebEngage established data residency in KSA recently, reducing regulatory barriers for its local clients
insurance
Saudi insurers’ profits shift to top 5 firms as smaller rivals struggle: Report
The S&P report forecasts that top-line growth in Saudi Arabia’s insurance sector will moderate to about 10-15% in 2025
Red Sea Global
Saudi hotels: Red Sea Global accepting bookings at iconic Desert Rock resort
Red Sea Global opens up Desert Rock hotel in Saudi Arabia to bookings
FIFA
Saudi Arabia to host FIFA World Cup 2034
FIFA confirms Saudi Arabia as host of the 2034 World Cup
FIFA World Cup
FIFA to confirm Saudi Arabia as 2034 World Cup host
Saudi Arabia plans to stage the first 48-team World Cup to be held in a single country and has proposed matches across 15 stadiums in 5 host cities: Riyadh, Jeddah, Khobar, Abha, and NEOM
Workplace
UAE and Saudi workers proud of their companies, but most wouldn’t recommend working there – how can managers motivate?
UAE and Saudi workplace culture survey highlights the opportunities and challenges for companies
CPhI Middle East & Africa
Saudi pharmaceutical exhibition witnesses $2.7bn of deals
CPHI Middle East witnesses $2.7bn of agreements for pharmaceutical sector in Saudi Arabia
Capital Market Authority
Saudi Arabia’s SNB Capital to launch public offering of new petrochemical-focused fund
Launch plan follows the Saudi market regulator gives its nod
consumer behaviour
Gulf FMCG markets surge: UAE grows 4.1%, Saudi 1.8% in Q3 2024, report finds
UAE traditional trade surged 6.4%, while that in Saudi Arabia achieved 2.4% growth in Q3, signalling a shift in consumer shopping preferences
hotel industry
Saudi Arabia’s PIF launches hotel management company Adeera to oversee hospitality brands
PIF creates Adeera to manage hotel and hospitality brands in Saudi Arabia
economic outlook
UAE, Saudi Arabia forecasted for strong credit growth in 2025: Report
The increase will be supported by continued expansion in the non-oil sector
infrastructure projects
US engineering major Parsons secures $53mn contract for roads programme in Riyadh
The programme includes approximately 500 km of new and improved road corridor works
SAMA
Samsung Pay launched in Saudi Arabia
Saudi Central Bank announces launch of Samsung Pay service in the Kingdom
Jetex
Red Sea International Airport announces private aviation terminal in Saudi Arabia
New airport terminal at Red Sea International Airport will specialise in private jet flights in Saudi Arabia
Capital Markets
Saudi Arabia’s IPO market maintains Gulf lead with over $2.6bn raised in 2024: Report
The Kingdom raised $2.6 billion from IPOs in the first 9 months of 2024, a new report finds