September 26, 2023

Saudi Arabia and GCC Economies Lead the World in Green Transition, According to City of London’s Lord Mayor

The lord mayor of the City of London, Nicholas Lyons, praised the remarkable efforts of Saudi Arabia and other Gulf countries in their pursuit of cleaner and more sustainable economies, describing them as “world-leading” in their endeavors. His comments were made during his visit to the Kingdom and the UAE earlier this year, with upcoming […]

September 26, 2023

UAE’s Yas and Saadiyat Islands: Secure and Lucrative Investment Destinations

Abu Dhabi’s Yas and Saadiyat islands have solidified their status as secure investment hubs, thanks to the concerted efforts of the Abu Dhabi Department of Culture and Tourism to transform them into luxury destinations, according to the CEO of a prominent real estate development firm. Speaking during the Future Hospitality Summit in Abu Dhabi, Miral […]

September 26, 2023

Marriott Embraces Sustainability in Saudi Projects, Unveils Trojena Hotels

In a significant move aligned with Saudi Arabia’s Vision 2030, Marriott International is set to prioritize sustainability as a fundamental element of its projects in the Kingdom. The announcement was made by Sandeep Walia, the Chief Operations Officer of Marriott International Middle East, during an interview at the Future Hospitality Summit in Abu Dhabi. Walia […]

September 26, 2023

Saudi Arabia Reaffirms Commitment to Nuclear Energy at International Conference

In a significant declaration of its dedication to nuclear energy, Saudi Arabia has pledged to adhere to a comprehensive international safeguards framework, firmly upholding the Kingdom’s principles of transparency, reliability, and safety. The announcement was made by Saudi Minister of Energy, Prince Abdulaziz bin Salman, during his address at the 67th General Conference of the […]

September 26, 2023

Saudi Hospitality Sector Sets New Global Standards in Pursuit of Vision 2030 Goals

Saudi Arabia’s tourism and hospitality sector is surging ahead, committed to achieving the ambitious industry targets outlined in Vision 2030. Industry leaders emphasized this commitment during a panel discussion held on Tuesday, highlighting the sector’s pivotal role in job creation and the country’s economic transformation. Badr Alherbish, Chief Strategy Officer of Saudi Arabia’s Tourism Development […]

September 26, 2023

Nadia Zaal: Transforming Real Estate, Hospitality, and Education Landscapes

Nadia Zaal, an astute Emirati entrepreneur, has carved an extraordinary legacy in real estate, hospitality, and education. Acknowledged as one of the ‘Forbes 100 Most Powerful Women’ in the Middle East, Zaal co-founded Zaya Group, a distinguished boutique developer specializing in luxury real estate and hospitality ventures. Throughout her remarkable career, Zaal has received numerous […]

September 26, 2023

Aloki Batra: Steering FIVE Hotels & Resorts to Unprecedented Success

Aloki Batra, the visionary CEO of FIVE Hotels and Resorts, has orchestrated the meteoric rise of this immersive, multi-billion-dollar international brand. Under his leadership, FIVE Hotels & Resorts has become synonymous with luxury, creativity, and innovation. In 2022, Aloki received well-deserved recognition when Forbes Middle East named him one of the ‘Top 100 CEOs in […]

September 25, 2023

Panchali Mahendra: Leading the Culinary Revolution with Michelin Star Excellence

In the world of gastronomy and hospitality, few names shine as brightly as Panchali Mahendra’s. As the President of Atelier House Hospitality, she has not only earned the coveted Michelin Star status but has also secured her place in the World’s 50 Best Restaurants MENA. Her journey is marked by remarkable achievements, and her influence […]

September 25, 2023

Middle East to Drive Global Hospitality Expansion with $1.9 Trillion in Projects

The Middle East is poised to become a pivotal force in the global hospitality and residential sectors, with projects worth a staggering $1.9 trillion driving transformative growth, according to a report released ahead of a major industry conference. Saudi Arabia, the UAE, and Egypt are leading this transformative wave, representing a substantial 90 percent of […]

September 25, 2023

Oman’s Q2 GDP Contracts by 9.5% to $26.3 Billion Amidst Decline in Oil Activities

Riyadh, September 24, 2023 – Oman’s gross domestic product (GDP) experienced a notable 9.5 percent decline in the second quarter of 2023 compared to the same period in the previous year, primarily attributed to a significant drop in oil-related activities. According to data from the National Center for Statistics and Information (NCSI), Oman’s GDP at […]

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