IHG signs two properties in Saudi Arabia’s Taif
Earlier this month, IHG Hotels and Resorts signed two properties in Saudi Arabia – Holiday Inn and Suites Taif and Staybridge Suites Taif. For both of these properties, it has partnered with the Al Jumaiah Group. The two properties are expected to open in Q4 2025 in Al Shafa in Taif which is located 2,500m […]
MBC Group prepares to float shares on Saudi Exchange
MBC Group, one of the leading media and entertainment companies in the Middle East and North Africa (MENA) region, has intend to proceed with an initial public offering (IPO) and the listing of its ordinary shares on the Main Market of the Saudi Exchange (Tadawul). The Capital Market Authority (CMA) approved the Company’s application for […]
Dur Hospitality unveils ‘Darraq Al Hada Residential Compound’
Dur Hospitality has inaugurated the Darraq Al Hada Residential Compound, setting a new standard for quality living in the heart of Riyadh. Seamlessly blending Greek-inspired design with the latest amenities and entertainment facilities, this iconic development represents a new model of luxurious living, aligning with the ongoing transformation of Saudi Arabia’s urban landscape. According to […]
Aramco launches operations at SPARK drilling, workover hub
King Salman Energy Park (SPARK), the leading energy industrial ecosystem, has announced that Saudi energy giant Aramco has commenced operations of its Drilling and Workover (D&WO) main hub within the facility. The facilities spanning on area over 370,000 sq m will be home to more than 1,000 employees and is set to play a pivotal […]
Saudi Arabia launches prime waterfront development in Jeddah
Saudi Arabia has announced the launch of its prime waterfront development, Jeddah South Obhur, which will come up on a 205,000 sq m area within the port city of Jeddah. Spread over a 205,000 sq m area within the port city, the Jeddah South Obhur will boast key amenities including a sea promenade, sandy beaches […]