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Saudi Arabia
Hospitality & Tourism
Saudi seeks to attract 100 million visitors yearly by 2030
Many projects in the pipeline, including Hegra and AlUla
Real Estate
New asset classes spring life in Mecca, Medina real estate
Diversification in asset classes underway
Economy
Saudi GDP grew seven straight quarters since pandemic
Posting 5.4 percent in Q4 202
Saudi Arabia
Saudi invests hundreds of billions to lead in clean energy exports
Investments also aim to add transport lines and distribution networks
Hospitality & Tourism
flynas launches electronic service for issuing stopover visa for passengers
Validity extends to 3 month
Saudi Arabia
Saudi running tests on CBDC
With local banks, fintechs
Real Estate
Saudi, South Korea partner to construct modular homes in Kingdom
And to explore developing innovative technologies in real estate sector
Economy
Saudi estimates needing $12 billion in financing this year
About two-thirds less than what I borrowed last year
Saudi Arabia
Saudi Arabia bets big on the industrial metaverse
But what is it?
Economy
Davos 2023 witnesses remarkable Saudi presence, bold on the future
Implementing steps crucial to exit crisis with minimal losses
Economy
Davos: Saudi transformation ‘a beacon of optimism’
Kingdom “becoming a bright spot for the world economy”
Economy
Saudi’s $20bn Formula One bid still possible, despite stalemate late 2022
Global racing, soccer events in crosshairs
Miscellaneous
Ronaldo vs. Messi in Saudi: A historic last dance?
PSG was paid USD10 mn for the one-off
Economy
Saudi open to diversify away from greenback
China has called for Saudi Arabia to price oil sales in yuan
Real Estate
Gigaproject construction progress good for Saudi FDI ambitions
Mega schemes will accelerate Riyadh’s non-oil investor friendliness
Economy
Saudi Crown Prince launches Events Investment Fund
To support developments in culture, tourism, entertainment, sports
Saudi Arabia
stc is most valuable telecom brand in the Middle East
A value of $12.3 billion, according to Brand Finance
Saudi Arabia
PIF, Ma’aden agree to establish new USD50 million company
To invest in global mining assets
Banking & Finance
Korean anime giant Kakako wins USD 966 mn from Saudi’s PIF
Funding will be used to fuel international expansion
Miscellaneous
Saudi’s Al Hilal plotting a USD 300 mn deal for Messi
Messi could surpass Ronaldo as the highest-paid player in the world
Saudi Arabia
Saudi Arabia amends citizenship law
Children of Saudi women who are married to expats can now apply for citizenship
Miscellaneous
Will Saudi acquire WWE for USD6.3 bn?
Contract between Saudi and WWE is valued at USD 1 bn
Saudi Arabia
Saudi to award nuclear reactor contracts ‘very soon’
Phase one involves construction of two large commercial nuclear reactors
Hospitality & Tourism
USD50 bn Saudi Diriyah project will be PIF’s 5th giga project
As part of the leadership’s efforts to enhance Saudi’s cultural identity
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