Red Sea Global likely to spend another $27bn by 2030: Report
Red Sea Global, the developer of regenerative tourism hubs, The Red Sea and Amaala, is likely to spend another $27 billion over the next six years to push ahead with […]
Saudi Arabia working on $798m road infrastructure projects
Saudi Arabia’s Roads General Authority (RGA) said the road sector in Riyadh region is witnessing a significant transformation with work under way on SAR3 billion ($798 million) projects. The region’s […]
Saudi Arabia’s PIF to acquire 54% stake in MBC Group
Saudi Arabia’s sovereign wealth fund is set to acquire a 54 percent stake in media giant MBC Group for SR7.46 billion ($1.99 billion). In a bourse filing, MBC Group, listed […]
Saudi Arabia climbs 15 places to 12th in global tourist spending: UN Tourism
Saudi Arabia has made a remarkable leap, climbing 15 places to rank 12th in global tourist spending for 2023, according to the latest UN Tourism report. This is the largest […]
