Month: August 2026

Auto World, one of the leading companies in Saudi Arabia’s vehicle rental sector, today announced the launch of a new business line offering short-term rental services for individuals. This expansion forms part of the strategic vision of United International Transportation Company (Budget Saudi), following the company’s acquisition of Auto World in 2024, and reflects its

Saudia, the national flag carrier of the Kingdom of Saudi Arabia, has launched a promotional offer providing discounts of up to 50% on Guest and Business Class fares. Available for international travel from the Kingdom and transit flights through Saudi Arabia to onward destinations across Saudia’s network spanning four continents, the offer supports Saudia’s efforts

Radisson Collection Residences, Riyadh opens its unique The Spa which includes a Spa and Health Club. The Spa is a new wellness and leisure experience designed to bring together spa treatments, fitness, and poolside relaxation in the heart of the capital. Combining a calm spa setting, dedicated health club facilities, and an outdoor pool experience, the destination

Rosewood AMAALA opens in Triple Bay, Saudi Arabia’s new wellness destination on the northwestern Red Sea coast, where the Tabuk mountains meet the world’s fourth-largest barrier reef. It marks Rosewood’s arrival on a coastline only now open to travelers, offering access to a remarkable part of the Red Sea that has remained largely unexplored until

Saudi Arabia has rapidly become one of the most important business destinations in the Middle East. Driven by Vision 2030, economic diversification, technology investment, tourism development and massive infrastructure projects, the Kingdom now hosts a growing calendar of international conferences, exhibitions and investment forums. For companies looking to enter the Saudi market, these events provide

Aramco, one of the world’s leading integrated energy and chemicals companies, and Maaden, one of the world’s fastest‑growing mining companies, on Tuesday announced the signing of a shareholders’ agreement to form a joint venture (JV) to unlock new opportunities in mineral exploration and hard-rock mining in Saudi Arabia.  Combining the strengths of two leaders in

Data from the US Treasury Department revealed that Saudi Arabia’s holdings of US Treasuries increased by approximately $2.2 billion reaching $142.5 billion in June 2026 compared to the previous month Saudi Arabia maintained its 17th position among the largest holders of US Treasury bonds. The Kingdom’s investments in US Treasury bonds during June were distributed