Saudi creatives urged to embrace reflection as catalyst for innovation
Creativity thrives not only through constant production but also through moments of reflection, industry leaders said at the Creative Industries Summit in Riyadh, where discussions focused on heritage, identity and the future of Saudi Arabia’s growing creative economy. Speakers at the summit, which runs until Oct. 5 at Riyadh’s JAX District, highlighted the importance of […]
Saudi and New Zealand foreign ministers discussed Mideast situation
Saudi Foreign Minister Prince Faisal bin Farhan discussed the current situation in the Middle East with New Zealand’s Foreign Minister Winston Peters, the Saudi Press Agency reported. Peters expressed New Zealand’s condemnation of Iran’s indiscriminate attacks on the Kingdom and thanked Riyadh for its efforts to protect foreign nationals, including New Zealanders inside the Kingdom. […]
Aramco CEO sees ‘catastrophic consequences’ for oil if shipping doesn’t resume in Strait of Hormuz
Aramco CEO: Hormuz disruption is the industry’s “biggest crisis“ Oil shipments from the Gulf largely blocked Aramco East-West pipeline to reach capacity in days Saudi Arabia’s Aramco , the world’s top oil exporter, said on Tuesday there would be “catastrophic consequences” for the world’s oil markets if the Iran war continues to disrupt shipping in […]
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 […]
Saudi NEOM launches its strategic investment subsidiary NIF
NEOM has inaugurated its strategic investment arm, the NEOM Investment Fund (NIF), which is set up to support the buildout and development of NEOM’s 14 priority sectors and deliver long-term value while enabling the creation of jobs in the futuristic city. NIF will invest globally through Mergers & Acquisitions and venture capital in technology startups, […]
Saudi Arabia launches real estate platform to support owners, buyers
Saudi Arabia has launched a new platform to boost the country’s real estate sector. The platform facilitates real estate transactions and provides various e-services for property owners and buyers. Saudi Justice Minister Walid Al-Samaani inaugurated the ‘Real Estate Market’ platform in Riyadh on August 27. “The real estate market aims to enhance customer experience and […]