NEOM’s Sindalah welcomes MB92 for yacht repair facility
Saudi Arabia’s $500 billion futuristic city, NEOM and the leading superyacht maintenance company, MB92 Group, have harnessed a partnership to establish a 10,000 square-meter repair facility for yachts at NEOM’s […]
Lucid opens Saudi Arabia’s first car production facility
Electric carmaker Lucid Group has inaugurated the first-ever car production facility in Saudi Arabia’s port city of Jeddah. The facility, which is the automaker’s second Advanced Manufacturing Plant (AMP-2) and first international […]
InterContinental unveils first Riyadh resort
IHG Hotels and Resorts has unveiled an InterContinental Durrat Al Riyadh Resort and Spa in Saudi Arabia, InterContinental’s first resort in the kingdom’s capital. Positioned as the brand’s debut “urban luxury resort and […]
Saudia resumes services to Canada in December: Restarts Jeddah-Toronto route
After a hiatus since September 2018, Saudia is set to re-establish its presence in Canada starting from December 2023. The airline will revive its Jeddah – Toronto and Riyadh – […]
Saudi Arabia forecasts slower growth, budget deficit for 2023
Saudi Arabia has lowered its growth forecast and expects to post a budget deficit this year rather than an earlier projected surplus, a preliminary budget statement showed on Saturday. The […]
