Taiba Investment Company has signed a final partnership agreement with Osool Integrated Real Estate Company to develop, refurbish and operate three hotels in the central area of Madinah in a project valued at SAR2.4 billion ($640 million), strengthening the city’s hospitality infrastructure as Saudi Arabia expands accommodation capacity for pilgrims under Vision 2030.
Saudi Arabia’s General Authority of Civil Aviation (GACA) has allocated specialised reception lounges at Jeddah and Madinah airports for pilgrims participating in the Makkah Route Initiative for the 2026 Hajj season.
Saudi Arabia’s Ministry of Tourism welcomed the first groups of pilgrims arriving in Makkah and Madinah, organising reception events that reflect Saudi hospitality and the Kingdom’s commitment to serving pilgrims.
Saudi-based Najran Cement has awarded a key contract to Sinoma International Engineering for the implementation of an electric grid connection project at Sultanah in the Madinah province under the Liquid Fuel Displacement Program. The entire work will be completed within a eight-month period.
Travel activity among Saudi residents rose during Ramadan 2026, driven by strong Umrah and family travel demand. Accommodation searches increased 20.67% in Makkah and 25.16% in Madinah, peaking late in the month, alongside earlier planning for Eid and post-Ramadan trips.
Saudi Arabia's National Center for Privatisation & PPP (NCP) has invited bids from leading local and international investors, financial institutions and operators for a 84,657-sq-m mixed-use development project at Sikkah Al Hadid located west of Madinah city.
Talgo, a leading Spanish company specialising in the design and manufacture of high-speed lightweight trains, has secured a new order worth €1.3 billion ($1.53 billion) from the Saudi Arabia Railways for supply of 20 high-speed trains. This comes after Talgo's successful delivery of 35 trains to SAR in 2018.
Saudi Arabia’s fast-growing low-cost airline flyadeal is expanding operations from its recently set-up Madinah base with the launch of three domestic routes - Jazan on the Red Sea coast; Qassim in the heart of the kingdom and Arar, the capital of the Northern Borders - effective March 1.
Saudi-based Sustainable Infrastructure Holding (Sisco Holding) has announced that its key unit Tawzea has secured a major contract from the kingdom's National Water Company to provide operation and maintenance services for the utility networks and wells in Madinah region for a three-year period.
The Radisson Hotel Madinah, a new four-star hotel, was opened in Madinah in the presence of Saudi Arabia’s Minister of Tourism, Ahmed Al-Khateeb.
