Riyadh

Program HQ to propel Riyadh’s new office spaces to 6.3 million sqm by 2026: Report

Riyadh has recorded the highest national increase in Grade A office lease rates over the last 12 months at 31 percent

Saudi Arabia’s population growth, expat inflows to raise residential real estate demand: S&P

Total number of real estate transactions across all asset classes surged by 38 percent to just over 106,700 in the first half of 2024

42 percent of Saudis plan to start businesses in three years: Report

Saudi Arabia’s entrepreneurial drive is at an eight-year high

GASTAT: Saudi Arabia’s real GDP grows by 2.8 percent in Q3 2024

Oil activities expanded by 0.3 percent year-on-year, while non-oil activities experienced a notable growth of 4.2 percent 

Saudi Arabia advances environmental conservation ahead of first Road Safety and Sustainability Conference

The conference, themed "Innovating for Tomorrow," will take place in Riyadh from November 3 to 4

Riyadh Season 2024 attracts 2 million visitors in first week, says GEA chairman

Season features five main areas: Boulevard World, Kingdom Arena, Boulevard City, The Venue and Al-Suwaidi Park

PIF-owned AviLease purchases Boeing 787-9 aircraft from BBAM

This transaction marks AviLease's first partnership with BBAM, adding its first Boeing 787-9 on operating lease

Saudi airshow set to attract over 100,000 visitors in Riyadh

The event will be the region's largest aviation gathering, with over 100 exhibitors and 15+ airshow teams 

Riyadh Municipality commits $1.6 billion to five key contracts for road enhancements, sustainable infrastructure

The contracts aim to rehabilitate and pave 83 million square meters of road over the next five years 

Saudi Arabia climbs 25 spots to 4th globally, 1st regionally in UN digital services index

The Kingdom ranked seventh in the e-participation index, with Riyadh placed third among 193 global cities 

Saudi Arabia’s real estate market maintains upward momentum, fueled by residential and hospitality sectors: Report

The residential sector began strong in H1 2024, delivering 27,500 units in Riyadh and Jeddah 

Saudi events industry projected to grow from $2.38 billion in 2024 to $3.45 billion by 2029: Report

The Kingdom is becoming a dynamic center for high-profile events and large-scale gatherings 

Saudi Arabia’s PMI rises to 54.8 in August 2024, driven by new business and government investment

The PMI noted significant job creation, with employment rising at one of the highest rates in a decade

Specialists from 160 countries to attend 19th Internet Governance Forum in Riyadh in December

The forum will discuss internet policy, share information, and exchange experiences to develop solutions

Saudi Arabia sees 60 percent surge in number of factories since launch of Vision 2030

National Industrial Strategy seeks to raise the number of factories across the country 3.5 fold to 36,000 factories by 2035

Riyadh awards four major contracts worth $3.46 billion for road development

Program positions Riyadh as a leading global metropolis and a central hub for sustainable transportation and logistics in the Middle East

The Helicopter Company expands to meet aviation’s changing needs

Innovation and strategic partnerships enable Saudi’s commercial helicopter operator to stay ahead of the curve

Saudi Arabia’s PIF strengthens ties with China through $50 billion deals to boost bilateral capital flows

The agreements involve Chinese banks and focus on two-way capital flows through debt and equity

Saudi Arabia’s MODON secures 9 deals worth $266.47 million to develop industrial cities

The projects include infrastructure development for the third industrial city in Jeddah and the second industrial city in Makkah

Riyadh ranks among 15 fastest-growing cities in the world by 2033: Report

Riyadh's population to grow from 5.9 million to 9.2 million in 10 years

Saudi Arabia’s international reserves reach $467.5 billion in May, highest in 18 months

International currency holdings amounted to SAR1.66 trillion, up 6 percent during this period

Riyadh Air, China Eastern Airlines forge partnership to promote connectivity, digital innovation

MoU to promote digital transformation, knowledge sharing and technology development

Saudi Arabia’s non-oil private sector maintains steady growth with PMI at 56.4: Report

Robust inventory growth continued as companies sought to prepare for strong sales performances in the future, the report said