Middle East

Over 170,000 hotel rooms in development in GCC: report

The GCC region now has over 170,000 hotel rooms under active development, according to new research commissioned by Arabian Travel… Read More

December 8, 2022

Saudi construction strongest in Mena with $1.1 trillion project pipeline

Saudi Arabia’s construction industry continues to lead the Mena region despite the macroeconomic conditions hitting the sector globally, according to… Read More

December 8, 2022

Seven, Warner Bros. to set up indoor adventure units in Saudi

Saudi Entertainment Ventures (Seven), a subsidiary of the kingdom's Public Investment Fund (PIF), has signed an exclusive partnership agreement with… Read More

December 8, 2022

Saudi Arabia launches space accelerator programme

Saudi Space Commission has launched its Saudi Space Accelerator Program, seeking to enhance the national space sector through the development… Read More

December 8, 2022

Saudi PIF unit to invest $13bn in new entertainment destinations

Saudi Entertainment Ventures (Seven), a wholly owned subsidiary of the Public Investment Fund (PIF), is set to invest SR50 billion… Read More

November 30, 2022

Jingle Pay partners with Mastercard to boost financial inclusion

Jingle Pay, a UAE-based financial super-app providing money services, has announced a strategic partnership with Mastercard to provide innovative digital… Read More

November 30, 2022

Saudi real GDP growth to hit over 7pc in 2022 on high oil

Saudi Arabia is set to become one of the world's fastest-growing large economies in 2022 with a real GDP growth… Read More

November 30, 2022

$30bn investment MoUs signed at Saudi-Korea forum

The Saudi Korean Investment Forum hosted in Seoul on Thursday (November 17) witnessed the signing of 26 investment agreements and… Read More

November 19, 2022

Aramco Q3 net profit surges 39% to $42.4bn

Aramco, Saudi oil giant and one of the world’s leading integrated energy and chemicals company, has reported third quarter (Q3)… Read More

November 1, 2022

Dar Al Arkan completes Saudi Arabia’s first 3D printed villa

Leading Saudi developer Dar Al Arkan has completed the kingdom's first 3D construction printed (3DCP) two-storey villa, which stands 9.9-m… Read More

October 30, 2022