Saudi Arabia's residential market recorded a sharp slowdown in activity during Q1 2026, with transaction volumes falling by 50% year-on-year, according to an analysis by global property consultancy, Knight Frank.
Red Sea Global (RSG) has officially second flagship destination, AMAALA, welcoming its first guests with the opening of Four Seasons Resort and Residences AMAALA at Triple Bay on Saudi Arabia’s northwestern Red Sea coast.
Saudi Arabia and Ireland have taken a step toward strengthening aviation ties after signing a record of discussions on air transport services between the two countries.
King Abdullah Financial District Development and Management Company (KAFD DMC), the developer and operator of Riyadh’s premier business and lifestyle destination, has secured a SAR12 billion ($3.2 billion), 15-year, senior-secured Murabaha facility, its first independently secured debt facility.
Saudi Arabia's National Housing Company (NHC) has signed a memorandum of understanding (MoU) with China's Sinoma Chengdu Design and Research Institute of Building Materials Industry Co (Sinoma-CDI) to enhance cooperation in the field of construction and real estate.
Leading Saudi Arabian groups have signed six agreements with Chinese entities covering investment co-operation, construction technology, knowledge transfer, workforce development and public-private partnerships at a key industry event in Shenzhen, China.
Saudi Arabia has an opportunity to strengthen long-term retirement savings as it advances economic reforms under Vision 2030, with expanded defined-contribution retirement schemes potentially improving retirement outcomes while unlocking domestic capital for long-term investment, said a report.
Saudi Arabia has awarded licences to key industry players including Unigaz Arabia and Tazweed as well as a NGC-Zamil consortium for the establishment, development, operation and maintenance of strategic LPG infrastructure including filling and storage facilities across the kingdom.
Saudi Arabia and Indonesia reaffirmed tourism cooperation during a meeting in Toledo, Spain, focusing on boosting visitor flows, enhancing Hajj and Umrah experiences, and expanding leisure travel under their existing tourism partnership agreement.
flynas will launch direct flights between Jeddah and Rabat on July 4, becoming the first Saudi airline to operate the route and expanding air connectivity and travel options between Saudi Arabia and Morocco.
