Saudi Arabia

Construction & Real Estate

Top firms in deal to invest in KAEC tourism, lifestyle projects

Wed, 04 Feb 2026

K Hovnanian ME Investments (KHME), a subsidiary of Hovnanian Enterprises, and the majority shareholder of Al Tahaluf Real Estate Company, CJSC, has signed an MoU with Saudi Arabia’s Tourism Development Fund (TDF) and Emaar, The Economic City (EEC) to enable high-quality tourism investment and lifestyle-focused residential opportunities in King Abdullah Economic City (KAEC).

Industry, Logistics & Shipping

Boeing to showcase advanced airpower at Saudi World Defense Show

Wed, 04 Feb 2026

Boeing will return as Platinum Sponsor to the World Defense Show 2026 (WDS 2026), taking place February 8-12 in Riyadh, to showcase the company’s industry-leading platforms and advanced capabilities in support of Saudi Arabia’s defence and security requirements.

Finance & Capital Market

Saudi Arabia spearheads Mena IPO market growth in Q4, says report

Wed, 04 Feb 2026

The Middle East and North Africa's capital markets recorded 10 initial public offerings in Q4 2025, raising total proceeds of $1.7 billion, said a report. This surge was led by regional heavyweight Saudi Arabia that remained the most active market with six IPOs netting $561.6 million for the three-month period.

Travel, Tourism & Hospitality

Saudi Arabia, Singapore Airlines sign direct air route agreement

Tue, 03 Feb 2026

The Saudi Air Connectivity Programme (ACP) and Singapore Airlines have signed an agreement to launch the first direct air route between Singapore and Riyadh. Beginning June 2026, four weekly flights will operate, boosting tourism, trade, and connectivity between Saudi Arabia and Singapore.

Construction & Real Estate

Saudi TDF gears up for the opening of mega Rixos resort at KAEC

Tue, 03 Feb 2026

Saudi Arabia's Tourism Development Fund (TDF) has announced that Rixos Murjana is set to open in King Abdullah Economic City on Saudi Arabia’s Red Sea coast, positioning itself as the country’s largest ultra all-inclusive resort featuring 488 rooms and suites as well as 33 villas.

Travel, Tourism & Hospitality

Rixos Murjana to open as Saudi’s largest ultra all-inclusive resort

Tue, 03 Feb 2026

Rixos Murjana, enabled by Saudi Arabia’s Tourism Development Fund (TDF), is set to open in King Abdullah Economic City as the largest ultra all-inclusive resort in Saudi Arabia and a landmark destination along the Red Sea coast.

Construction & Real Estate

KSA completes first end-to-end tokenised property deed transaction

Tue, 03 Feb 2026

Saudi Arabia has achieved a global milestone in the digitisation of capital markets with the successful execution of the world’s first sovereign-native tokenised property title deed transfer.

Construction & Real Estate

Saudi Arabia completes world's first tokenised property deed transaction

Tue, 03 Feb 2026

The Kingdom of Saudi Arabia has achieved a global milestone in the digitisation of capital markets with the successful execution of the world’s first sovereign-native tokenised property title deed transfer. This infrastructure reduces property settlement times from days to mere seconds.

Construction & Real Estate

World's largest integrated ‘Water Oasis’ begins operations in Rabigh

Tue, 03 Feb 2026

The world’s largest integrated ecosystem for water innovation, the “Water Oasis” in Rabigh Governorate, has begun operations, said the Saudi Water Authority.

Industry, Logistics & Shipping

Catapult expands into Saudi Arabia with strategic AstroLabs deal

Tue, 03 Feb 2026

Catapult, the global full-service live experience agency with offices in Dublin, London, New York, and Los Angeles, has announced its strategic expansion into Saudi Arabia. The company's entry into the Kingdom is supported by AstroLabs, the Gulf's leading business expansion platform.