First Avenue for Real Estate Development has signed an agreement with SNB Capital, Dar Al Majed and Rekaz to set up an investment fund that will acquire and build educational facilities across Saudi Arabia. This comes as part of First Avenue's strategy to diversify its portfolio and income streams.
GFH, a leading Islamic investment bank, has announced that it has sealed a strategic agreement with Octo Management Consultancies to collaborate on the development of a $300 million logistics and industrial real estate platform across the UAE and the Kingdom of Saudi Arabia.
Saudi Arabia's Ministry of Sport and the National Center for Privatization & PPP (NCP) has announced that five more sports clubs in the country are being offered for privatisation.
Riyadh Air, Saudi Arabia’s new national carrier, on Monday announced the opening of ticket sales for daily flights between Dubai and Riyadh - a key addition to its growing network.
Red Sea Global (RSG), the developer behind regenerative tourism destinations The Red Sea and AMAALA, has completed the modernisation of AlWajh International Airport (EJH) located in northwest Saudi Arabia.
Saudi Arabia's sovereign wealth fund PIF has reached an agreement with Talaat Moustafa Group Saudi that will see the duo explore opportunities, boost co-operation and collaborate in mixed-use real estate projects with the premium developments owned by PIF across the kingdom.
Saudia ranked first globally for on-time performance in May 2026, achieving 92.30% on-time departures and 90.12% arrivals, according to Cirium, while operating 13,669 flights across more than 100 destinations worldwide.
Saudia, the national flag carrier of Saudi Arabia, announced a Special Prorate Agreement (SPA) with Myanmar Airways International, expanding travel options between Saudi Arabia and Myanmar.
Boeing and Riyadh Air have announced that the new carrier’s first two passenger airplanes, 787 Dreamliners, were delivered and arrived in Riyadh, a milestone for the airline as it prepares to launch commercial service.
Saudi Arabia's National Water Company (NWC) has announced that it has completed 50 water and sanitation projects worth more than SAR2.4 billion ($640 million) in the first half of the year as the kingdom seeks to expand infrastructure and improve public services under its Vision 2030 programme.
