Kempinski Group has announced its first branded residences in Saudi Arabia, Kempinski Residences at Masar, Makkah. The project includes 302 serviced units with flexible ownership options targeting high-end buyers and investors.
The World Travel & Tourism Council (WTTC) reports that Middle East Travel & Tourism grew 5.3% in 2025, surpassing global rates. Strong visitor spending lifted the GDP contribution to $385.8 billion and supported 7.1 million jobs, with Saudi Arabia leading regional growth, accounting for $178 billion in GDP.
Saudi Arabia’s tourism, hospitality, and events sectors have transformed under Vision 2030. By 2025, tourism contributed 5% of GDP, attracted 123 million visitors, generated SAR300 billion ($80 billion), and supported strong non-oil economic growth.
Saudi Arabia has joined the Convention on the Suppression of Unlawful Acts Relating to International Civil Aviation (Beijing Convention, 2010), affiliated with the International Civil Aviation Organisation (ICAO).
Saudi Arabia achieved record growth in date exports in 2025, with their value reaching SAR1.938 billion ($516.89 million), a 14.3% increase compared to 2024 and a significant 59.5% surge since 2021.
Lenovo has appointed Salman Abdulghani Faqeeh as Vice President & General Manager, Saudi Arabia, reinforcing the company’s long term commitment to the kingdom as a strategic priority market and regional technology hub.
The first and second phases of Saudi Arabia's Vision 2030 have delivered a qualitative leap in the Kingdom’s development, achieving a comprehensive transformation across economic and social sectors, said His Royal Highness Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince, Prime Minister, and Chairman of the Council of Economic and Development Affairs.
Saudi Arabia’s General Authority of Civil Aviation (GACA) has allocated specialised reception lounges at Jeddah and Madinah airports for pilgrims participating in the Makkah Route Initiative for the 2026 Hajj season.
Saudi Arabia's Ministry of Municipalities and Housing has developed approximately 6 million sq m of public parks across the kingdom between 2023 and 2025 through private sector investment models, generating an estimated financial impact of SAR2.4 billion ($639 million).
Roshn Group, Saudi Arabia's leading multi-asset class real estate developer powered by sovereign wealth fund PIF, has signed an agreement with Dawiyat Integrated Telecom and IT Company, a unit of Saudi Energy, to develop fibre-optic telecommunications infrastructure within its Aldanah community in Dhahran.
