Construction
Yotel announces first hotel in NEOM’s OXAGON
YOTEL – a global hospitality brand announces its first hotel signing Saudi Arabia. Scheduled to open in 2025, the YOTEL property will also be the …
Tourism
AMAALA
Red Sea Global awards contract worth nearly SAR 1 billion for Amaala to AL-AYUNI Investment
Saudi Arabia’s Red Sea Global (RSG), the multi-project developer behind the world’s most ambitious regenerative tourism destinations, The Red Sea and Amaala, announced in a …
Construction
Shapoorji Pallonji awarded $370.6m Al Hamra entertainment Project in Riyadh
Saudi Entertainment Ventures (SEVEN) ), a wholly-owned subsidiary of the Public Investment Fund (PIF), announced in a statement that it has awarded Construction Contract for …
Construction
Saudi Entertainment Ventures to invest SAR 50 billion to develop 21 integrated entertainment destinations
SEVEN has awarded Shapoorji Pallonji to undertake the construction and management of the project in Al Hamra district in Riyadh Saudi Entertainment Ventures (SEVEN), a …
Press Releases
Saudi’s PIF establishes Aseer Investment Company
The Public Investment Fund (PIF), Saudi Arabia announced the establishment of Aseer Investment Company (AIC) to operate as its investment arm in the Aseer region …
Construction
Red Sea Global appoints Reem Emirates Saudi to build sustainable façade for international airport
The Red Sea Global (RSG), the developer behind the world’s most ambitious regenerative tourism destinations, THE RED SEA and AMAALA, has announced the appointment of …
Construction
InterContinental to open New Hotel in Saudi Arabia’s Al Khobar
Reaffirming its commitment to the Kingdom’s Vision 2030, IHG® Hotels & Resorts, one of the world’s leading hotel companies in the world, has signed a …
The Red Sea Dev.
Red Sea Global and Navya signs MoU for innovative transportation scheme
Navya, France, an autonomous mobility systems leader, announces the signing of a memorandum of understanding with Red Sea Global, the developer responsible for some of …
Construction
DAMAC Properties unveiled “CHIC Tower”
DAMAC Properties, UAE has unveiled “CHIC Tower”, a 41-storey tower designed to instill wellness and healthy living in a unique luxurious setting, complimented with ample …
NEOM
NEOM Signed Agreement with Ennismore
Hotel Development, the NEOM division responsible for building a future-centric hospitality ecosystem in the northwest corner of Saudi Arabia, has signed its inaugural hotel partner, …