PIF today announced the launch of Tawrid Company for Financing Solutions, an innovative digital platform providing supply-chain financing products to companies in the Saudi Arabian market. Tawrid has obtained the Saudi Central Bank’s “SAMA” permit to operate under the regulatory “Sandbox” environment.  The financial services industry is a strategic enabler of the six ecosystems that

Desert Rock Resort has become the first resort in Saudi Arabia to receive Three MICHELIN Keys, the highest distinction awarded within The MICHELIN Guide’s global hotel selection, whilst the iconic Shebara Resort has retained Two MICHELIN Keys as part of the 2026 selection. Desert Rock joins an exclusive group of just 155 hotels worldwide to

Saudia, the national flag carrier of the Kingdom of Saudi Arabia, has climbed to 15th place in the 2026 Skytrax global airline rankings, continuing its upward trajectory in one of the aviation industry’s leading international benchmarks. The airline also secured two regional awards this year.  Announced at the World Airline Awards ceremony in London, Saudia’s

Visa, a global leader in digital payments, today announced that merchants and payment service providers in Saudi Arabia can now process e-commerce transactions locally and compliantly using the Visa Acceptance Platform, following its certification for the Saudi Central Bank’s (SAMA) New E-commerce Payments Interface.  With the deployment of the Visa Acceptance Platform on local cloud

Saudi Arabia is one of the fastest scaling data centre markets in the world, with live IT power growing 57% since 2024, placing the Kingdom joint fourth globally alongside Finland, according to Savills’ Impacts global thought leadership programme. The Kingdom’s rise comes as investment continues to flow into its digital infrastructure, in step with the

Etihad Airways, the national airline of the United Arab Emirates, will fly to Saudi Arabia’s Red Sea coast from 4 October 2026. The year-round service to Red Sea International Airport puts a new holiday destination just over three hours from Abu Dhabi. More than ninety islands lie off Saudi Arabia’s north-western coast in Tabuk Province,

Saudi Arabia reached a significant homeownership milestone in 2025, with the national rate rising to 66.24%, exceeding the annual target of 65% and moving closer to the Vision 2030 target of 70%. During the year, 107,000 housing units and developed land plots were provided, expanding the choice available to Saudi homebuyers. Buyer intent is also evident