Four Points by Sheraton Riyadh – King Abdulaziz Road, owned by ALMARIA Investment Company, has received the 2026 EMEA New Hotel Opening Award at a Marriott International awards ceremony held in London, United Kingdom. Commenting on the achievement, Mr. Waleed Alhmali, CEO of ALMARIA Investment Company, said: “We are incredibly proud to receive this prestigious

The Saudi Central Bank (SAMA) reported that the value of transactions processed through SAMA’s instant money transfer system jumped by 26.1 percent year-on-year to SR7 trillion in June 2026, compared to SR 5.5 trillion in June 2025. The report indicated that total customer payments reached SR1.6 trillion in June 2026, up from SR1.4 trillion in

IHG Hotels & Resorts, one of the world’s leading hospitality companies, has signed a franchise agreement with Morina Development & Investment Co. LLC to introduce Cantonal Hotel Riyadh Noted Collection by IHG to the Kingdom. The signing marks the first Noted Collection hotel in the Middle East and a significant milestone for IHG’s premium collection

Si-Ware Systems, a global leader in MEMS sensing and semiconductor technologies, and Saudi Electronic Materials Company (SEMC), a Saudi-based developer of semiconductor materials and fabrication technologies, have signed a Memorandum of Understanding (MoU) to collaborate on the advancement of MEMS sensing technologies in the Kingdom of Saudi Arabia. The partnership establishes a framework for joint

Saudia Airlines Saudi Arabia has been connecting the Kingdom with the world for more than eight decades. Founded in 1945, the national flag carrier has grown from a small airline into a major international aviation brand serving destinations across four continents. Today, Saudia is entering another major period of change. Its fleet is expanding, new

Saudi Cup Riyadh has grown into one of the most important horse racing events in the world. Held at King Abdulaziz Racecourse, the two-day meeting combines elite international racing with Saudi culture, fashion, food and entertainment. The headline Saudi Cup attracts horses, trainers, jockeys and owners from leading racing nations. Yet the event is about

Apparel Group, one of the region’s leading fashion and lifestyle retail conglomerates, has entered into a strategic partnership with Knowledge Economic City (KEC) to introduce 24 internationally recognised retail and dining brands at Multaqa AlMadinah Mall, marking a significant expansion of the Group’s presence in Saudi Arabia. The partnership represents another milestone in Apparel Group’s