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Saudi Arabia

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Elaf Group officially opens Joudyan Red Sea Mall Hotel

Elaf Group, a leader in the hospitality and tourism sector with more than four decades of expertise in the Kingdom of Saudi Arabia, announced the official opening of the Joudyan Red Sea Mall Hotel. This luxurious 5-star hotel represents a significant milestone in the group’s journey, reaffirming its commitment to establishing new standards for the […]
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Cinfa Participates in the 34th Annual Conference of the SHA

RIYADH, Saudi Arabia — Cinfa, the leading Spanish pharmaceutical company, participates as a high-level partner in the 34th Annual Conference of the Saudi Heart Association (SHA), which will take place from the 12th to the 14th of October in the Crowne Plaza RDC Riyadh- Saudi Arabia. The Saudi Heart Association’s 34th annual conference aims to encompass the theme
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UAE, Saudi Arabia, and Egypt account for 60% of MENA’s $3 trillion construction project pipeline

Defying global economic challenges, the Middle East and North Africa (MENA) region’s construction sector continued to demonstrate strong performance with a total of $101 billion worth of projects awarded in the first half of the year, reveals JLL’s latest Construction Market Intelligence report, which is based on insights gathered from industry sources and experts.
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“Naif Alrajhi Investment” Makes Strategic Move with Significant Stake Acquisition in “Veyron Marketing”

RIYADH, Saudi Arabia — Naif Alrajhi Investment, a premier Saudi investment group, has recently acquired a significant stake in Veyron Marketing, a leading name in Saudi Arabia’s marketing and advertising sector. Veyron, renowned for its rapid growth, specializes in the strategic planning and execution of both local and international advertising campaigns. This
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Monsha’at and Leading Saudi Entrepreneurs Take Part in Global Entrepreneurship Congress 2023

Riyadh, Saudi Arabia — A Saudi Arabian delegation comprising some of the nation’s leading entrepreneurs recently participated in the Global Entrepreneurship Congress 2023 (GEC23), led by Monsha’at, the Small and Medium Enterprises General Authority of the Kingdom of Saudi Arabia. Among Monsha’at’s objectives was to support the delegation of Saudi entrepreneurs, discuss
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The Governor of the Eastern Province in Saudi Arabia

His Royal Highness Prince Saud bin Naif bin Abdulaziz, the Governor of the Eastern Province in the Kingdom of Saudi Arabia, will inaugurate on Tuesday (October 10, 2023) the platform of connecting the Gulf Electricity Market Project with the Republic of Iraq at the headquarters of the GCC Interconnection Authority (GCCIA) in Al Dammam city. […]
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Qatar Airways Expands Its Presence in Saudi Arabia

Qatar Airways, the World’s Best Airline, is proud to announce its expansion in the Kingdom of Saudi Arabia, with the launch of services of two new gateways: Al Ula, Tabuk and the reopening of Yanbu. These additions to the airline’s rapidly growing network mark a significant milestone in Qatar Airways’ commitment to connecting travellers across […]
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Intella Secures $3.4M in Pre-Series A Funding Round

Riyadh, Saudi Arabia — Intella, a MENA-based deep tech company, has successfully closed a $3.4 million Pre-Series A funding round. The round was led by HALA Ventures and Wa’ed Ventures, the Kingdom-focused venture capital fund wholly owned by Aramco, with participation from Sanabil500 and INSEAD’s alumni angel network, along with other investors. The new funding […]
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Lucid Group Makes History in Saudi Arabia as it Opens Country’s First-Ever Car Manufacturing Facility 

Lucid Group, Inc. (NASDAQ: LCID), setting new standards for the luxury electric experience with the Lucid Air, winner of the 2023 World Luxury Car Award, has officially opened the first-ever car manufacturing facility in Saudi Arabia. As Lucid’s second Advanced Manufacturing Plant (AMP-2) and first international plant, the facility will produce Lucid’s groundbreaking
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HRH Crown Prince launches Soudah Peaks’ masterplan

Riyadh, Saudi Arabia — His Royal Highness Crown Prince Mohammed bin Salman bin Abdulaziz Al Saud, Prime Minister, and Chairman of Soudah Development has launched the masterplan to develop Soudah and parts of Rijal Almaa into Soudah Peaks – a luxury mountain tourism destination set 3,015 meters above sea level on Saudi Arabia’s highest peak. […]