The figures, released in Knight Frank’s Saudi Arabia Construction Landscape Review, show construction in the Kingdom has grown year-on-year since 2020
Saudi Vision 2030
Latest in Saudi Vision 2030
Saudi Arabia
Saudi Arabia announces new work permit system for expats
The new work permit system in Saudi Arabia has taken effect for incoming expat workers as of July 1
Amaala
Saudi Arabia’s Red Sea Global ‘on track’ to open AMAALA, 11 resorts fuelled by ‘surging’ investor demand
The next 6 to 12 months will see “continued evolution” of Red Sea Global’s offerings, Ahmad Darwish, Group Chief Administrative Officer said
Entertainment industry
EXCLUSIVE: Inside SEVEN’s $13.3bn Saudi entertainment push as global expansion is not part of the current strategy
SEVEN’s Chief Entertainment Operations Officer reveals why the kingdom’s entertainment giant is keeping its focus firmly local despite global opportunities
c-suite executives
Saudi Arabia CEO age drops to 47 as companies appoint younger leaders in 2024: Report
Korn Ferry, the global organisational consulting firm, has released analysis showing the average CEO age among Saudi Arabia’s top publicly-listed companies dropped to 47 in 2024
Saudi Tourism
Saudi Summer 2025 tourism campaign targets $19.5bn spend and 41million visitors
Saudi Tourism Authority launches Saudi Summer 2025 with ‘Colour Your Summer’ campaign targeting 41 million visitors
Saudi Arabia
Saudi banks to remain resilient despite rise in external debt, says S&P
The global rating agency expects the net external debt position to remain at a manageable level of about 4.1% of total lending by the end of 2028
Arabian Travel Market
EXCLUSIVE: Cruise Saudi reveals plans for second Red Sea private island by 2027
New island will feature direct ship docking capabilities, “more permanent facilities” and comprehensive development to enhance cruise options for northern Red Sea routes by 2027
ACWA Power
ACWA Power secures $200mn loan for its new HQ in Riyadh
The new sustainable building will meet the highest standards of green building and incorporate various Net Zero requirements
Blacklane
Blacklane expands into Saudi Arabia
The company said its entry into the Saudi market is aimed at supporting Vision 2030 through job creation and the development of local talent
Desert Rock
Inside the ‘camouflaged’ Desert Rock Resort: Saudi Red Sea destination draws global tourists at $3,200 per night
Saudi Arabia’s newest ultra-luxury mountain hideaway attracts international visitors off the beaten path with premium rates and invisible architecture
Abu Dhabi
Ramadan 2025 announced in GCC; 50 UAE megaprojects; Best and most expensive schools in Dubai; Real estate price analysis – 10 things you missed this week
Ramadan start dates announced, UAE megaprojects, top Dubai schools, real estate analysis and more of the top stories this week
Health challenges
The value of action vs. the cost of inaction: Making ‘Health in All Policies’ a global priority for healthspan over lifespan
The health of a nation shapes every sector, so why isn’t health consistently prioritised in policymaking?
Riyadh Air
Saudi Arabia’s Riyadh Air confirms 2025 launch, plans 100-city network: Report
“It’s all about the build-up now to going live, and by the end of this year, you will see Riyadh Air in the skies,” Riyadh Air’s CEO Tony Douglas said
Branded hotels and residences
UAE visa changes; Saudi approves riyal symbol; Dubai rent rules; Mona Kattan leaves Huda Beauty – 10 things you missed this week
Saudi introduces riyal symbol, UAE visa news, Dubai real estate changes, UAE law changes and more top stories this week
Diriyah
Saudi Arabia’s Diriyah set on track for 2027 infrastructure completion, says CEO: Report
Speaking at the PIF Private Sector Forum in Riyadh, Inzerillo detailed plans for Diriyah Square, which currently employs 83 tower cranes, the report said
Hidden Marina NEOM
NEOM announces new Hidden Marina as first phase of THE LINE: Report
NEOM’s Hidden Marina will include 21 million square metres of built-up area, surpassing the Burj Khalifa’s 350,000 square metres in Dubai, the report said