Saudi-based Remat Al Riyadh Development has signed a contract for the installation, operation and maintenance of advertising billboards on building facades at three locations across Riyadh. This comes as part of its efforts to expand and regulate the city's outdoor advertising network.
Abha International Airport set a new operational record on 5 July, handling more than 130 flights in one day. The milestone included 117 domestic and 15 international flights, marking its highest-ever daily traffic volume.
Hyundai Motor Group today announced the launch of its expanded joint traineeship programme, in collaboration with the Mohammed bin Salman Foundation “Misk”.
Deutsche Bank, the leading German bank with strong European roots and a global network, said it has been granted licence by the Ministry of Investment of Saudi Arabia (MISA) to set up its regional headquarters in Riyadh. This will be Deutsche Bank’s third legal entity in the kingdom.
flynas has inaugurated its first direct flights between Riyadh and Alexandria, Egypt, further expanding air connectivity between Saudi Arabia and regional destinations. The airline will operate three weekly services between Riyadh and Alexandria International Airport.
flynas and the Saudi Tourism Authority have launched Saudi Experiences, a digital platform enabling travellers to discover and book tourism packages while promoting local businesses, creating economic opportunities and supporting Saudi Arabia’s tourism growth and economic diversification goals.
The Saudi Arabia Ministry of Tourism has signed a series of memoranda of understanding (MoUs) with leading global hotel brands to launch the “Hospitality Ambassadors” programme, an initiative aimed at strengthening the Kingdom’s hospitality workforce through international on-the-job training (OJT).
Saudi Arabia’s cement sales volume in June increased by 8.9% year-on-year to 4.39 metric tonnes, reflecting a recovery from last month’s decline, according to a new report by Al Rajhi capital. Yamama continues to maintain dominant market share.
Project awards in the GCC region for the second quarter surged to $59.4 billion, up 30% over last year supported by higher contract activity in Saudi Arabia and Oman, although activity slowed sharply from Q1, according to a report.
Acwa receives Saudi government approval for exclusive exports of green hydrogen derivatives, including green ammonia and methanol, while developing renewable electricity export projects to European and Arab markets.
