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GCC Jeddah Summit: Sheikh Mohammed bin Rashid meets Saudi Crown Prince

Sheikh Mohammed is leading the UAE delegation to the GCC-C5 summit in Saudi Arabia

World’s first liquefied hydrogen carrier ship at Jeddah Islamic Port

Saudi’s energy minister visits world’s first liquefied hydrogen carrier ship at Jeddah Port

Saudi Arabia is focusing on clean hydrogen production and transportation as it seeks to transition its economy and energy mix

Riyadh Air PSU sign MoU simualtor centre to be set up at campus Image courtesy Riyadh AIr

Saudi’s Riyadh Air to build first simulator centre at Prince Sultan University

Riyadh Air will partner with PSU to build long-term academic programmes to support students who want to pursue a career in aviation

AI

Saudi Aramco VC fund backs AI-powered emissions monitor Tenderd

Tenderd’s AI-technology could end up being used by Aramco as it looks to reduce its environmental impact and hit its net zero target

Saudi Arabia Muharram

Islamic New Year 1445: Saudi Arabia announces the first day of Muharram

Saudi Arabia’s Supreme Court announced the first day of Muharram for Hijri New Year 1445 as July 19

National Housing Company Launches Sadayem Suburb Image credit NHC

Saudi’s NHC launches integrated living project ‘Sadayem’ in Jeddah

The sale of properties in Sadayem will begin on Monday, July 24, with the first phase including villas with a starting price of SAR800,000

Turkey Saudi Arabia

Turkey’s President Erdogan meets Saudi Crown Prince, gifts electric car: Watch

The two leaders tested the electric car Togg which has been domestically produced in Turkey

Turkey's president Recep Tayyep Erdogan

Turkey’s Erdogan embarks on Gulf tour to attract investment

Erdogan’s unorthodox policies, which have included keeping interest rates low in Turkey, have led to an acceleration in inflation and driven away many Western investors

Holiday Inn Riyadh The Business District (Image: Supplied by Holiday Inn)

Riyadh gets Middle East’s first Holiday Inn with open lobby concept

Holiday Inn Riyadh The Business District is a new-build 138-key property

Emirates signs deal to sponsor King Salman Cup 2023

Emirates signs deal to sponsor King Salman Cup 2023

The sponsorship deal gives the airline extensive in-stadium brand visibility across several touchpoints and on-site advertising

Flynas (Image: Supplied by flynas)

Flynas expands destination network from Jeddah

The Saudi carrier will introduce flights to Bishkek, Osh and Almaty and also enhance its frequency to Tashkent

Saudi's SFD invest in electricity project in Rwanda Image SFD

Saudi Arabia’s SFD funds electricity project in Rwanda

The project aims to build a network of medium and low-pressure power lines and electricity distribution transformers to provide electricity to homes, public institutions and social facilities

PIF and Engie sign Mou to build hydrogen projects in Saudi Arabia

Saudi Arabia: PIF, ENGIE to jointly develop hydrogen projects

The two parties will jointly formulate a strategy to best approach the international market and secure offtake arrangements

Address Jabal Omar Makkah (Image: Supplied by Address Hotels and Resorts)

Address Hotels and Resorts debuts 1,484-key property in Makkah

The Address Jabal Omar Makkah in Saudi Arabia is located within the Jabal Omar development

Aramco, PIF and China’s Baosteel steel JV

Saudi Arabia’s sovereign wealth fund PIF reports $11bn loss for 2022

The PIF is in the midst of a global investment spree after it was transformed from a domestically-focused holding company into a sovereign fund in 2016

Umrah season

Saudi Arabia announces start of new Umrah season for GCC citizens, residents

The kingdom’s Ministry of Hajj has launched an electronic application process to facilitate travel for the upcoming Umrah season

Courtyard by Marriott Jubail (Image: Supplied by Courtyard by Marriott)

Courtyard by Marriott opens in Jubail

The 165-key property is located within Saudi Arabia’s Eastern Province

Oil production to be hit after Saudi Arabia announces cuts. Image: Getty Images

Hot summer in the crude oil market as Saudi Arabia’s production cuts kick in

Across the world, where varieties of crude more closely resemble those from Saudi Arabia, prices are shooting up as refineries clamour for alternatives

energy

Saudi Arabia, France sign MoU in energy

The energy cooperation framework aims to advance production of hydrogen and electricity using renewable sources

Saudi oil production cuts

Saudi oil cuts could trigger slowdown in economy

The economy will fall by 0.1 per cent this year if the government raises production in September and by 1 per cent if it holds the course for the rest of 2023

SRC Signs a 3-year sponsorship Deal With Saudi Football Club Al Ittihad image SRC

Saudi’s PIF-owned SRC signs 3-year sponsorship deal with Saudi Football Club Al Ittihad

The sponsorship is part of SRC’s support for the development of Saudi Arabia’s thriving sports sector and key objectives of Vision 2030’s ‘Quality of Life Program’ to promote sporting activity

Hajj season 2023 electronic visa

Saudi Ministry of Hajj starts issuing e-visas for Umrah

The electronic visa process is part of the country’s efforts to facilitate travel and enable more Muslims to perform Umrah rituals

Red Sea Global

Red Sea Global awards contracts worth $2.4bn to Saudi Airlines Catering

The partnership is expected to create more than 500 new jobs for local talent across the kingdom

Steven Gerrard has been named manager of Saudi Arabian side Al Ettifaq

Steven Gerard signed by Saudi Pro League Club Al Ettifaq as manager

Ettifaq are two-time champions but finished seventh in the Saudi Pro League last season

Birmingham Airport

Saudia launches first flight to Birmingham Airport

This is a significant step in Saudia’s strategy of expanding its international network and strengthening connections between the kingdom and the rest of the world

Ramada Encore by Wyndham Al Khobar Corniche (Image: Supplied by Wyndham Hotels and Resorts)

Wyndham to open 79-key property in Al Khobar

Ramada Encore by Wyndham Al Khobar Corniche is located in Saudi Arabia’s Eastern Province

Red Sea Global Water sports

Red Sea Global, North Sails collaborate on sustainable sailing and water sports

The partnership will involve North Sails Apparel providing performance apparel for WAMA, RSG’s water sports brand, catering to the needs of their sailing and water sports staff

Aston Martin partners with EV maker Lucid

Aston Martin partners with EV maker Lucid, extends Mercedes pact

The British automaker will issue new shares to Lucid and make cash payments totalling $232m in exchange for battery-electric powertrain components

Hajj

Hajj season begins, over two million pilgrims expected in Saudi Arabia

The kingdom announced the lifting of Covid-19 pandemic restrictions before the start of the Hajj season

Aramco, TotalEnergies award contracts for $11bn Amiral project

Aramco, TotalEnergies award contracts for $11bn petchem complex

The awarding of the contracts marks the start of construction work on the petrochemical facility