PIF today announced the pricing of a $1.25 billion sukuk offering. The proceeds of the dollar-denominated offering will be used for PIF’s general corporate purposes. The seven-year sukuk was more than 6.5 times oversubscribed, with orders exceeding $9 billion. The Sukuk will be listed on the London Stock Exchange’s International Securities Market as part of

Riyadh Air, Saudi Arabia’s new national airline, has concluded its attendance at the Arabian Travel Market (ATM) in Dubai, UAE, having signed 11 agreements with strategic partners to further innovate the air travel experience. The partnerships are across a range of sales and distribution providers in over 125 countries. The completion of the Memoranda of

Saudi Arabia’s Holy Cities emerged as Ramadan’s top economic performers, according to Visa’s Travel Pulse Q1 2025, which reveals a 162% surge in visitor spend on Visa cards in Makkah during the Holy Month. The report highlights the growing role of religious tourism in supporting the Kingdom’s non-oil economy, a key pillar of The Kingdom

Founded in 2015, The Traveling Panther continues to lead sustainable experiential tourism in Saudi Arabia. The Kingdom witnessed a large influx of inbound and international tourists starting from 2022 to 2024, marking the highest number of visitors in its history so far, with numbers expected to stay strong for the next coming years, as the

In an unprecedented move, McDonald’s decided to remove its menu across all its restaurants in Saudi Arabia. The reason? To showcase the love people in Saudi Arabia have had for the brand for over 30 years. The kind of love where they don’t even need to look at the menu to order their favourite McDonald’s

Theimmersive “Saudi Land” pavilion at Arabian Travel Market (ATM) 2025, showcases the vibrancy and variety of the country’s ever-expanding tourism offering. From the lush peaks of Aseer to the blooming corals of the Saudi Red Sea, pristine beaches and thrumming cities, Saudi offers unique experiences for all.   Visitors to ATM can explore the country’s

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