Riyadh Air, Saudi Arabia’s new premium national carrier and LIV Golf, the world’s first global golf league, today announced a major multi-year partnership. The agreement, unveiled today by Riyadh Air CEO Tony Douglas and LIV Golf CEO Scott O’Neil, marks Riyadh Air’s ongoing commitment to sports, one of its key focus areas, and will encompass
Saudi Arabia’s consumer market is evolving rapidly, characterized by adaptability, shifting spending patterns, and resilience in the face of global economic challenges, according to the latest insights from 2025 Global Consumer Outlook published by AlixPartners, the global consulting firm.Despite global trends of reduced discretionary spending, Saudi consumers exhibitrobust spending intentions, with a focus on value
The Royal Commission for AlUla’s (RCU) long-standing, strategic, and mutually beneficial ties with leading Italian cultural institutions have been greatly expanded and strengthened through the signing of new partnerships with the Directorate-General of Museums and the Archaeological Park of Pompeii. RCU’s new agreements with two of Italy’s most prominent history, heritage, and conservation entities, Rome-based
Artificial Intelligence is one of the most transformative technologies of our time, impacting nearly every industry and shaping the future of work, automation, and decision-making. AI is everywhere, from social media algorithms and self-driving cars to fraud detection and voice assistants. According to Sharad Agarwal, CEO of Cyber Gear, “Automation and AI will replace repetitive
Ahead of LEAP 2025 conference in Riyadh, Cisco announced findings from its latest AI Readiness Index, that reveals that 72% of organizations in KSA have a strategy to deploy AI powered solutions in their organisation. The report highlights that despite increasing urgency in deployment and investment, businesses in KSA face challenges in adopting, deploying, and
NEOM has announced the successful closing of a landmark export credit agency (ECA) financing transaction, with Italy’s SACE, securing approximately USD 3 billion under a long-term multicurrency untied facility. The deal, which marks NEOM’s first corporate ECA financing and the largest untied financing ever guaranteed by SACE, will support various projects across NEOM and is
Saudia, the national flag carrier of Saudi Arabia, has concluded 2024 with remarkable growth in its international operations, as highlighted in its latest performance report. The airline transported 20 million international guests on scheduled and additional flights, representing a 16% increase compared to 2023. Transit guest numbers also surpassed 9.3 million, an impressive annual growth