Saudi Arabia

Travel, Tourism & Hospitality

Saudi Airports Cluster 2 sees 7pc rise in passengers in Q1 2026

Tue, 05 May 2026

Airports Cluster 2, operating 22 Saudi airports, reported strong Q1 2026 growth. Passenger numbers reached nearly five million, up 7% year-on-year, while flights exceeded 37,000, marking a 9% increase.

Construction & Real Estate Travel, Tourism & Hospitality

Sumou seals lease agreement with Saudi Airlines Real Estate Development

Tue, 05 May 2026

Saudi Arabia’s Sumou Real Estate has signed a 35-year-long lease agreement with Saudi Airlines Real Estate Development Company (SARED) for a 78,374 sq m land plot in Jeddah. As per the deal, Sumou will develop an integrated mixed-use project on the land, located in the southwestern corner of a master-planned area.

Construction & Real Estate

SEREDO 2026 showcases Saudi real estate investment opportunities

Tue, 05 May 2026

The Saudi Real Estate Development and Ownership Exhibition (SEREDO 2026) opened in Dammam on Monday with the participation of public entities, key developers, financing institutions, and real estate experts.

Travel, Tourism & Hospitality

TDF launches hackathons to boost Saudi tourism solutions

Mon, 04 May 2026

The Tourism Development Fund (TDF) launched its Tourism Hackathons Programme on April 28, 2026, through TDF Grow, to foster innovative, entrepreneur-led solutions that support Saudi Arabia’s tourism sector and contribute to Vision 2030 economic goals.

Industry, Logistics & Shipping

Saudi Arabia's flag raised on two vessels

Sun, 31 May 2026

Saudi Arabia's Transport General Authority raised the Saudi flag aboard two vessels at Ras Tanura Port and Jeddah Islamic Port on the Kingdom's eastern and western coasts.

Travel, Tourism & Hospitality

1.7 million pilgrims perform Hajj this season

Wed, 27 May 2026

The General Authority for Statistics (GASTAT) of Saudi Arabia announced on Wednesday that the total number of pilgrims for the 1447 AH Hajj season reached 1,707,301.

Travel, Tourism & Hospitality

Saudia receives first Airbus A321XLR in Middle East and Africa

Tue, 26 May 2026

Saudia, the national flag carrier of Saudi Arabia, has welcomed its first Airbus A321XLR, becoming the first airline in the Middle East and Africa to take delivery of the extra long-range narrow-body aircraft.

Finance & Capital Market

Moody’s reaffirms Saudi credit rating at Aa3 with 'stable' outlook

Sun, 24 May 2026

The credit rating agency Moody’s has reaffirmed Saudi Arabia’s credit rating at “Aa3” with a “stable” outlook.

Construction & Real Estate

MYCRANE strengthens commercial team in Saudi Arabia

Fri, 22 May 2026

MYCRANE, the first global platform for crane rental and purchase, has further strengthened its commercial team in Saudi Arabia with the appointment of Shiraaj Shaleeh as Head of Sales and Aashish Mulye as Sales Manager, both based in Riyadh.

Construction & Real Estate Industry, Logistics & Shipping

Jazeera Paints expands Gulf presence by opening first branch in Qatar

Thu, 21 May 2026

Jazeera Paints, a leading company in the paint, colour, and building solutions industry, is strengthening its presence across Gulf markets as part of its broader regional expansion strategy, by opening its first branch in Doha.