Valor Hospitality Partners is expanding in Saudi Arabia through a partnership to establish 25 hotels with over 3,000 keys by 2026. Additionally, its global portfolio is set to grow by over $1 billion across multiple regions by 2025.
Starhotels Collezione, Italy’s luxury hotel group, recently held several events in the GCC, including a Sales Conclave in Saudi Arabia and the UAE, and exclusive Media and Partners Evenings in Abu Dhabi and Dubai.
Saudi Arabia's construction and building sector topped the list as the most attractive field at the “Land of Opportunities” zone at the Biban Forum 2025, organised by the Small and Medium Enterprises General Authority (Monsha’at).
Cement sales in Saudi Arabia increased by 7.3% year on year (y-o-y) and 8.1% month-on-month (m-o-m) to 5.24 mt in October. This is the highest monthly sales since March 2021, said an Al Rajhi Capital research note.
Acciona, a global company and a leader in providing renewable solutions, has completed the construction and commissioning of the Shuqaiq 4 desalination plant, located in the southwest of Saudi Arabia.
The ninth edition of the Future Investment Initiative flagship conference (FII9), which concluded in Riyadh recently saw more than $50 billion in signed agreements and investment pledges. The deals spanned artificial intelligence, advanced technology, renewable energy and infrastructure.
Kyndryl, a provider of mission-critical enterprise technology services, and Auj, an aviation strategy and operations advisory firm, announced a strategic collaboration at the World Aviation Festival in Lisbon, Portugal, aimed at accelerating digital transformation across Saudi Arabia’s aviation sector.
Saudi Arabia Ministry of Tourism celebrated the graduation of 50 tourism teaching and training faculty members from various Saudi educational institutions. The graduates completed a specialised training programme in tourism and hospitality, implemented in Spain and Switzerland in partnership with the United Nations World Tourism Organisation (UNWTO)
Saudi Arabia will host the 26th session of the UN Tourism General Assembly in Riyadh from November 7 to 11, under the theme "AI-Powered Tourism: Redefining the Future." The session coincides with the 50th anniversary of the agency's founding.
Saudi Arabia is emerging as one of the most dynamic and connected retail markets in the world, with the Kingdom’s consumers leading in cross‑channel shopping, according to the 2025 Global Digital Shopping Index, commissioned by Visa Acceptance Solutions.
