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The automaker is spearheading Saudi Arabia’s EV ambitions, combining cutting-edge innovation with local talent to support Vision 2030 and drive the Kingdom’s transformation into a global clean mobility hub As Saudi consumers demand health, convenience and affordability, the kingdom’s food economy is becoming a proving ground for new value creation The festival achieved two new Guinness World Records titles Riyadh has recorded the highest national increase in Grade A office lease rates over the last 12 months at 31 percent 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 Saudi Arabia’s entrepreneurial drive is at an eight-year high Oil activities expanded by 0.3 percent year-on-year, while non-oil activities experienced a notable growth of 4.2 percent The conference, themed "Innovating for Tomorrow," will take place in Riyadh from November 3 to 4 Season features five main areas: Boulevard World, Kingdom Arena, Boulevard City, The Venue and Al-Suwaidi Park This transaction marks AviLease's first partnership with BBAM, adding its first Boeing 787-9 on operating lease The event will be the region's largest aviation gathering, with over 100 exhibitors and 15+ airshow teams The contracts aim to rehabilitate and pave 83 million square meters of road over the next five years The Kingdom ranked seventh in the e-participation index, with Riyadh placed third among 193 global cities The residential sector began strong in H1 2024, delivering 27,500 units in Riyadh and Jeddah The Kingdom is becoming a dynamic center for high-profile events and large-scale gatherings The PMI noted significant job creation, with employment rising at one of the highest rates in a decade Over 4,200 contracts signed, supporting local businesses The forum will discuss internet policy, share information, and exchange experiences to develop solutions National Industrial Strategy seeks to raise the number of factories across the country 3.5 fold to 36,000 factories by 2035 Program positions Riyadh as a leading global metropolis and a central hub for sustainable transportation and logistics in the Middle East Innovation and strategic partnerships enable Saudi’s commercial helicopter operator to stay ahead of the curve The agreements involve Chinese banks and focus on two-way capital flows through debt and equity The projects include infrastructure development for the third industrial city in Jeddah and the second industrial city in Makkah Riyadh's population to grow from 5.9 million to 9.2 million in 10 years
