Tourism & Hospitality | Sunday 28 April, 2024 2:03 pm

NEOM, Marriott International launch Ritz-Carlton Reserve in Trojena

Marriott International signed an agreement with NEOM to open its second Ritz-Carlton Reserve in Saudi Arabia. Anticipated to open in Trojena, a year-round mountain destination located in the northwest region of the country, the property will offer a complete escape into a private world of...

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Government | Sunday 28 April, 2024 1:59 pm

REGA issues 33 off-plan sales licenses in Q1 2024 for 13,907 units

The Real Estate General Authority (REGA) issued 33 off-plan sales licenses in Q1 2024 to provide 13,907 new units available in the market. REGA’s Official Spokesperson, Tayseer Al-Mufarrej, said that there are 153 qualified developers engaged in real estate development activities across ...

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Environment & Energy | Sunday 28 April, 2024 1:55 pm

Aramco, Rongsheng explore new opportunities in Saudi, China

Saudi Aramco is exploring the formation of a joint venture in the Saudi Aramco Jubail Refinery Co. (SASREF) with Chinese partner Rongsheng Petrochemical Co. Ltd. (Rongsheng) and significant investments in the Saudi and Chinese petrochemical sectors, in partnership with...

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Business & Money | Sunday 28 April, 2024 1:31 pm

Azizi Developments, Dezign Technic partner for Azizi Venice

Azizi Developments, a leading private developer in the UAE, has announced its partnership with Dubai-based design consultant firm Dezign Technic for signage and wayfinding designs in its approximately AED 30 billion mixed-use development, Azizi Venice, located in Dubai South. DezignTechnic,...

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Government | Sunday 28 April, 2024 12:36 pm

Mohammed bin Rashid approves designs, start of work on new AED128 billion

His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, reviewed the strategic plan of the Dubai Aviation Engineering Projects and approved designs for the new passenger terminal at Al Maktoum International Airport, which will be the largest in the...

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Business & Money | Sunday 28 April, 2024 12:35 pm

Bin Touq, Estonian counterpart explore potential avenues for expanding cooperation

Abdullah bin Touq Al Marri, Minister of Economy, held a bilateral meeting with Tiit Riisalo, Minister of Economic Affairs and Information Technology in the Republic of Estonia. The meeting explored the possibilities for expanding cooperation in key sectors between the two countries, including the...

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Technology & IT | Sunday 28 April, 2024 11:23 am

HONOR Opened Two HONOR Exclusive Service Centers in Saudi Arabia To Bring Better Customer Experience

Global technology brand HONOR announced the HONOR Authorized Service Center in Riyadh & HONOR Jeddah Service Center on 25th April 2024. These HONOR exclusive service centers in the MENA region, will help to cater to the needs of customers in the Kingdom. Customers will be able to either send in ...

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Government | Sunday 28 April, 2024 11:17 am

Saudi Arabia revises priorities, projects on track: Minister

Most of Saudi Arabia’s growth in the last few years was driven by newly-created economic sectors in line with Vision 2030, such as sports, entertainment, and tourism, in addition to industrial sectors, Faisal Alibrahim, Minister of Economy and Planning, said.   In a press...

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Business & Money | Sunday 28 April, 2024 11:16 am

Al Akaria, ARDCO ink SAR 275M agreement to develop educational complexes

Saudi Real Estate Co. (Al Akaria) and Riyadh Development Co. (ARDCO) signed, on April 25, a cooperation agreement with Riyadh Holding Co. to set up a special purpose vehicle to develop educational complexes at the cost of SAR 275 million, including the land value, the...

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Business & Money | Sunday 28 April, 2024 11:14 am

Retal inks SAR 240M contract with subsidiary for 8 residential buildings in Riyadh

Retal Urban Development Co. signed on April 25 an agreement with its subsidiary, Building Construction Company Limited to develop eight residential buildings in Riyadh at a total value of SAR 240 million, exclusive of taxes (if applicable).   The agreement is valid for 26 months from ...

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