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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
Riyadh, September 24, 2023 – The National Housing Co. (NHC) in Saudi Arabia has achieved a significant milestone in promoting first-time homeownership, announcing the successful delivery of over 30,000 residential units by September 2023 in collaboration with property developers. This announcement, made in conjunction with the celebration of the 93rd Saudi National Day, underlines NHC’s […]
The global hospitality industry is poised to experience a significant surge in investment, with prominent figures from the sector representing over 50 countries gathering for the Future Hospitality Summit in Abu Dhabi from September 25 to 27. Under the overarching theme of “Focus on Investment,” this event will play a pivotal role in igniting change […]
Saudi Arabia has attained a remarkable milestone as its Gross Domestic Product (GDP) has surpassed the coveted $1 trillion mark for the first time, according to a statement by the Federation of Saudi Chambers (FSC), the apex body representing the Kingdom’s business community. The FSC, in partnership with the Saudi Press Agency, announced that Saudi […]
