AlUla Development Company (UDC), a Public Investment Fund (PIF) company, today announced the commencement of construction on NUMAJ, Autograph Collection, marking a key milestone in the delivery of its development pipeline and AlUla’s continued transformation. The milestone was marked during a site visit attended by John Pagano, Managing Director of UDC and Abeer AlAkel, Chief Executive

PIF and Kingdom Holding Company (KHC) today signed a binding share sale and purchase agreement for KHC to acquire 70% of the share capital of Al-Hilal Club Company (Al-Hilal), one of the top football clubs in Saudi Arabia and Asia, based on an enterprise value of SAR 1.4 billion for the total share capital of

Escape to the shores of the Red Sea with an elevated stay at Shangri-La Jeddah, where contemporary luxury meets serene coastal beauty. Ideal for a refined city break, this exclusive offer allows Saudi residents to enjoy 17% savings on stays of two nights or more, along with a selection of thoughtful benefits designed to enhance

flyadeal, Saudi Arabia’s fast-growing low-cost airline, is launching scheduled flights between Jeddah and Dubai, and reinstating services between the Saudi capital and Dubai, effective 15 April 2026. Expanding Dubai operations further strengthens connectivity between the Kingdom of Saudi Arabia and United Arab Emirates.  The new Jeddah route marks an important expansion of flyadeal’s presence in

Lenovo today announced the official opening of its Middle East, Türkiye and Africa (META) Regional Headquarters in Riyadh (RHQ), marking a strategic milestone in the company’s long-term investment in the Kingdom and its commitment to supporting Saudi Arabia’s Vision 2030 objectives. The official opening was marked by a formal ceremony attended by the Minister of

Marking a monumental step in its sustainable development and tourism ambitions, AlUla has produced more than 1 million native seedlings that will be integrated into the fabric of the Saudi destination.   This undertaking, achieved through the AlUla Native Plant Nursery and Seedbank, underscores the Royal Commission for AlUla’s (RCU) commitment to restoring the destination’s

The Fashion Fund has unveiled its new identity under the name “ZYA Fund,” marking Saudi Arabia’s first private equity fund dedicated to the fashion sector. Established through a partnership between the Cultural Development Fund (CDF) and Merak Capital, the launch reflects accelerating investment momentum across the Kingdom’s cultural industries. The Fund’s Board of Directors held