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Power Metallic and Amaar United Mining Form Joint Venture for Saudi Arabia Expansion

Power Metallic and Amaar United Mining Form Joint Venture for Saudi Arabia Expansion

Power Metallic and Amaar United Mining Form Joint Venture for Saudi Arabia Expansion
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Power Metallic Forms Joint Venture with Amaar Mining for Saudi Arabian Expansion

Power Metallic Forms Joint Venture with Amaar Mining for Saudi Arabian Expansion

Power Metallic Forms Joint Venture with Amaar Mining for Saudi Arabian Expansion
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Power Metallic Expands into Saudi Arabia Through Joint Venture with Amaar Mining

Power Metallic Expands into Saudi Arabia Through Joint Venture with Amaar Mining

Power Metallic Expands into Saudi Arabia Through Joint Venture with Amaar Mining
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Power Metallic and Amaar Mining Form $10M Joint Venture for Saudi Mining Expansion

Power Metallic and Amaar Mining Form $10M Joint Venture for Saudi Mining Expansion

Power Metallic and Amaar Mining Form $10M Joint Venture for Saudi Mining Expansion
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Power Metallic and Amaar Mining Form $10M Joint Venture in Saudi Arabia

Power Metallic and Amaar Mining Form $10M Joint Venture in Saudi Arabia

Power Metallic and Amaar Mining Form $10M Joint Venture in Saudi Arabia
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Riyadh Air Launches Ticket Sales for London Route with Boeing 787-9

Riyadh Air Launches Ticket Sales for London Route with Boeing 787-9

Riyadh Air Launches Ticket Sales for London Route with Boeing 787-9
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Four Seasons Resort Opens at Red Sea, Marking Red Sea Global's First Joint Venture

Four Seasons Resort Opens at Red Sea, Marking Red Sea Global's First Joint Venture

Red Sea Global (RSG), in partnership with Kingdom Holding Company (KHC), has launched the Four Seasons Resort and Residences Red Sea at Shura Island, welcoming its first guests on May 20. This marks the first joint venture-developed resort in RSG's portfolio, representing a significant milestone in Saudi Arabia's luxury tourism sector. The SAR 2.6 billion resort, developed with SAR 2 billion debt financing from Riyad Bank, features 149 accommodations and 31 resort residences. The resort offers a range of dining options and activities, aligning with RSG's regenerative tourism principles by operating entirely on renewable energy. The launch is part of a broader strategy to scale Saudi Arabia's luxury tourism offerings, in line with Vision 2030.
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Tourism 2030: Middle East Shifts Focus to Mid-Market Hospitality Growth

Tourism 2030: Middle East Shifts Focus to Mid-Market Hospitality Growth

The Middle East is undergoing a significant transformation in its tourism sector, with a shift from luxury-led growth to a more balanced approach that includes mid-market and lifestyle brands. This change is exemplified by Wyndham's signing of 100 Super 8 hotels in Saudi Arabia, aligning with the country's Tourism 2030 strategy. The United Arab Emirates and Saudi Arabia are leading this shift, with investments aimed at creating diversified tourism ecosystems. The focus is on building infrastructure that supports year-round tourism, catering to both international and domestic travelers. This strategic pivot is designed to meet the evolving demands of travelers who seek quality and affordability.
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Saudi Arabia's Humain picks Goldman Sachs to advise on data centre financing, sources say

Saudi Arabia's Humain picks Goldman Sachs to advise on data centre financing, sources say

By Federico Maccioni DUBAI, May 19 (Reuters) - Saudi Arabia-backed artificial intelligence company Humain has picked Goldman Sachs to advise on a financing package to build data centres in the kingdom that could be worth at least 20 billion riyals, two sources with knowledge of the matter told
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Riyadh Air Launches Public Ticket Sales for London Route

Riyadh Air Launches Public Ticket Sales for London Route

Riyadh Air, a new Saudi Arabian airline, has announced the commencement of public ticket sales for its flights between Riyadh and London, starting July 1, 2026. The airline, which has been operating limited flights since October 2025, is now ready to offer full-service operations with its Boeing 787-9 aircraft. Riyadh Air plans to provide a premium travel experience with advanced cabin interiors and a focus on Saudi hospitality. The airline's CEO, Tony Douglas, emphasized the importance of this route in connecting Saudi Arabia with the UK and other global destinations, aligning with the Kingdom's Vision 2030.
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MS Pharma Secures Strategic Investment from Olayan Financing Company to Boost MENA Expansion

MS Pharma Secures Strategic Investment from Olayan Financing Company to Boost MENA Expansion

MS Pharma Secures Strategic Investment from Olayan Financing Company to Boost MENA Expansion
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Riyadh Air Opens Sales for Full-Service Flights to London Heathrow

Riyadh Air Opens Sales for Full-Service Flights to London Heathrow

Riyadh Air, a Saudi Arabian start-up airline, has opened public ticket sales for its full-service operations on the London Heathrow route, set to begin on July 1, 2026. The airline has been conducting readiness testing with limited flights since October 2025, using a 'technical spare' aircraft. Riyadh Air's new Boeing 787-9 aircraft will feature advanced cabin interiors and a focus on Saudi hospitality. The airline aims to provide a world-class travel experience, connecting Saudi Arabia with the UK and other global destinations as part of its expansion strategy.