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Saudi hotel spending rises 2.4% amid broader POS decline: SAMA

Saudi hotel spending rose 2.4 percent in the week of Oct. 6—12 to SR270.7 million ($72.1 million), the only sector to grow amid an overall decline in point-of-sale transactions, official data showed. According to the latest figures from the Saudi Central Bank, POS transactions fell 10.6 percent to SR12.2 billion after a 2.6 percent rise […]

Crown Prince to lead Saudi delegation at EU-GCC Summit in Brussels on Wednesday

Strength of the Saudi and Egyptian fraternal relations highlighted in cable of thanks Saudi Crown Prince and Prime Minister Mohammed bin Salman will lead the Saudi delegation attending the Summit of the European Union-Gulf Cooperation Council (GCC), which will be held in Brussels, Belgium, on Wednesday, Oct. 16. This is in line with the directives […]

Saudi Crown Prince holds wide-ranging talks with President Sisi in Cairo

Saudi Crown Prince and Prime Minister Mohammed bin Salman held wide ranging talks with Egyptian President Abdel Fattah El-Sisi in Cairo on Tuesday. During their meeting, the Crown Prince and El-Sisi discussed ways to further strengthen fraternal relations and other issues of common interest, especially the latest developments in the region. On the sidelines of […]