Hilton has surpassed the milestone of 100 hotels trading and in the pipeline in Saudi Arabia – representing a combined investment of $8 billion from hotel owners and investors into Hilton’s growing portfolio, and underscoring the company’s long-term commitment to supporting Vision 2030 by expanding its footprint and delivering world-class hospitality throughout the Kingdom.
Amid a rapidly shifting global landscape defined by geopolitical uncertainty, climate change and tech disruption, Generative AI and innovation-led 'Engine 2' business models are emerging as major drivers of resilience across the region, says a new study.
Krank, a global heavy equipment trading technology firm, has made its Middle East debut through a strategic partnership with Saudi group Dayim, unveiling the Dayim Marketplace - a fully integrated heavy equipment trading platform for the region.
Saudi Arabian Mining Company (Maaden) has announced that it has awarded a major engineering, procurement and construction management (EPCM) contract worth SAR391 million ($104.3 million) to Bechtel for its Ar Rjum gold mine.
Baker Hughes has announced that it has secured a major contract from oil giant Aramco to expand its integrated underbalanced coiled tubing drilling (UBCTD) operations across Saudi Arabia’s natural gas fields. The order was booked in the third quarter.
Bahrain and Saudi Arabia have signed an agreement to facilitate certification of origin procedures for Bahrain’s industrial exports to the Saudi Arabia.
Six road development projects worth SAR831 million ($221.58 million) are underway in Saudi Arabia's Qassim region
Bahrain and Saudi Arabia have signed an agreement aimed at increasing the flow of Bahraini industrial exports into the kingdom as part of broader efforts to strengthen economic integration between the two neighbouring countries, said a report.
Saudi Arabia's Al Madinah Region Development Authority (MDA) has emerged as the only winner from the region at the Bentley Systems 2025 Going Digital Awards. MDA won the top honours for its Manarah Urban Data Platform.
The contribution of Saudi Arabia's private sector to the gross domestic product (GDP) has doubled in ten years, rising from SAR1.1 trillion ($293.31 billion) in 2016 to about SAR2.3 trillion ($613.28 billion) today, said Minister of Investment Khalid Al-Falih.
