NEOM and DSV announce a US$10 billion exclusive logistics joint venture to support the development of the ambitious projects taking shape in NEOM, Saudi Arabia. The partnership will focus on providing logistics services for NEOM in the coming years. Under the agreement, the joint venture will provide end-to-end supply chain management, development and investments in
NEOM has today announced the inauguration of its strategic investment arm, the NEOM Investment Fund (NIF), NEOM’s wholly owned subsidiary which is set up to support the buildout and development of NEOM’s 14 priority sectors and deliver long-term value while enabling creation of jobs in NEOM. NIF will invest globally through Mergers & Acquisitions and
Deloitte, the largest professional services firm in the world, has announced its plans to strengthen its presence in Saudi Arabia and set up its regional headquarters at King Abdullah Financial District (KAFD) in Riyadh. Deloitte’s presence in the Saudi market extends to over half a century of leveraging its global capabilities and wide range of
Riyadh, (23 October 2023): Red Sea Global (RSG), the multi-project developer behind the world’s most ambitious regenerative tourism destinations, The Red Sea and Amaala, has successfully secured an operating license for its water aerodrome on Ummahat Island at The Red Sea destination. This is the first license to be granted for a water aerodrome in Saudi
Saudi Arabia, in pursuit of hosting 1.3 million cruise visitors by 2035, has identified the cruise industry as a vital element of its Vision 2030 framework. This aligns with Vision 2030’s goals of diversifying the economy and promoting tourism. The increasing popularity of cruises among the under-20 demographic, showing the fastest growth, highlights the demand
flynas, the national air carrier and the leading low-cost airline in the world and the Middle East, has announced the launch of direct flights between Brussels and Jeddah. The new destination is a result of flynas’ partnership with the Air Connectivity Program (ACP) and the airline’s planned expansion of its international network This growth aligns
Saudi Arabia, in pursuit of hosting 1.3 million cruise visitors by 2035, has identified the cruise industry as a vital element of its Vision 2030 framework. This aligns with Vision 2030’s goals of diversifying the economy and promoting tourism. The increasing popularity of cruises among the under-20 demographic, showing the fastest growth, highlights the demand
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