Diriyah Co. signs $2bn contract for Wadi Safar 

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RIYADH: Diriyah Co. has signed a $2 billion deal with Urbacon Saudi Co. and Al-Bawani Group to develop the Wadi Safar project, which includes the Royal Diriyah Equestrian and Polo Club and several luxury hotels. “Today is a very important day,” Jerry Inzerillo, CEO of Diriyah Co. Group, told Arab News. “It is unusual for … Read more

Saudi finance minister heads Kingdom’s delegation to G20 ministerial meeting in Brazil

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RIYADH: The Riyadh office market continued to perform strongly in the second quarter of 2024, as government investment incentives attracted international companies to establish regional headquarters. According to Savills’ latest Saudi Commercial Market report, more than 120 international companies have relocated their regional headquarters to the Kingdom’s capital in the first quarter of this year, … Read more

MoU to drive job creation, training in Saudi hospitality 

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RIYADH: A water supply and sanitation project in Yemen, led by Saudi aid agency KSrelief, has continued to improve conditions for people living there. From 19 to 25 June, approximately 1,033,550 litres of potable water and 10,849,000 litres of non-potable water were provided in Hajjah. The project team worked in Midi, Haradh, Hayran and Abs … Read more

GCC banks eye Turkiye, Egypt and India for growth prospects

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RIYADH: The Riyadh office market continued to perform strongly in the second quarter of 2024, as government investment incentives attracted international companies to establish regional headquarters. According to Savills’ latest Saudi Commercial Market report, more than 120 international companies have relocated their regional headquarters to the Kingdom’s capital in the first quarter of this year, … Read more

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