/main-category/tourism-transport en /node/2578919/business-economy <div class="field field-name-field-rbitem-author field-type-taxonomy-term-reference field-label-above"><div class="field-label">article author:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/article-authors/nour-el-shaeri-0">Nour El-Shaeri</a></div></div></div><div class="field field-name-field-author field-type-text field-label-inline clearfix"><div class="field-label">Author:&nbsp;</div><div class="field-items"><div class="field-item even"></div></div></div><div class="field field-name-field-publication-date field-type-datestamp field-label-hidden"><div class="field-items"><div class="field-item even"><span class="date-display-single">Mon, 2024-11-11 19:59</span></div></div></div><div class="field field-name-body field-type-text-with-summary field-label-hidden"><div class="field-items"><div class="field-item even"><p> RIYADH: Saudi airports under Cluster2’s management will soon begin feasibility studies to explore the implementation of advanced air mobility solutions.</p> <p> This initiative is part of a new partnership with UrbanV, an Italian vertiport operator.</p> <p> The two sides have signed a memorandum of understanding aimed at developing both advanced air mobility and urban air mobility services within ¶¶Òõ¶ÌÊÓƵ.</p></div></div></div><div class="field field-name-field-binary field-type-image field-label-hidden"><div class="field-items"><div class="field-item even"><img src="/sites/default/files/2024/11/11/4543910-1143876113.png" width="1438" height="740" alt="The two sides have signed a memorandum of understanding aimed at developing both advanced air mobility and urban air mobility services within ¶¶Òõ¶ÌÊÓƵ." title="The two sides have signed a memorandum of understanding aimed at developing both advanced air mobility and urban air mobility services within ¶¶Òõ¶ÌÊÓƵ." /></div></div></div><div class="field field-name-taxonomy-vocabulary-1 field-type-taxonomy-term-reference field-label-above"><div class="field-label">Main category:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/economy">Business &amp; Economy</a></div><div class="field-item odd"><a href="/main-category/tourism-transport">Tourism &amp; Transport</a></div></div></div><div class="field field-name-taxonomy-vocabulary-9 field-type-taxonomy-term-reference field-label-above"><div class="field-label">Tags:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/tags/air-mobility">Air mobility</a></div></div></div> Mon, 11 Nov 2024 17:08:02 +0000 shahrukh.jamshed 2578919 at /node/2578911/business-economy <div class="field field-name-field-rbitem-author field-type-taxonomy-term-reference field-label-above"><div class="field-label">article author:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/article-authors/nour-el-shaeri-0">Nour El-Shaeri</a></div></div></div><div class="field field-name-field-publication-date field-type-datestamp field-label-hidden"><div class="field-items"><div class="field-item even"><span class="date-display-single">Mon, 2024-11-11 17:43</span></div></div></div><div class="field field-name-body field-type-text-with-summary field-label-hidden"><div class="field-items"><div class="field-item even"><p> RIYADH: ¶¶Òõ¶ÌÊÓƵ’s first electric vehicle brand, Ceer, is set to equip its flagship models with high-performance, fully integrated Electric Drive Systems through a newly announced partnership with Croatia-based Rimac Technology.   </p> <p> The automobile manufacturer, a joint venture between ¶¶Òõ¶ÌÊÓƵ’s Public Investment Fund and Foxconn, aims to leverage Rimac’s expertise in performance powertrain technology to enhance its upcoming EV lineup.  </p></div></div></div><div class="field field-name-field-binary field-type-image field-label-hidden"><div class="field-items"><div class="field-item even"><img src="/sites/default/files/2024/11/11/4543888-1810548605.png" width="1025" height="755" alt="" title="The agreement was formalized at a signing ceremony in Croatia attended by Ceer CEO James DeLuca and Rimac Technology CEO Mate Rimac. Ceer" /></div></div></div><div class="field field-name-taxonomy-vocabulary-1 field-type-taxonomy-term-reference field-label-above"><div class="field-label">Main category:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/economy">Business &amp; Economy</a></div><div class="field-item odd"><a href="/main-category/tourism-transport">Tourism &amp; Transport</a></div></div></div><div class="field field-name-taxonomy-vocabulary-9 field-type-taxonomy-term-reference field-label-above"><div class="field-label">Tags:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/tags/ceer">Ceer</a></div><div class="field-item odd"><a href="/tags/electric-vehicles">electric vehicles</a></div><div class="field-item even"><a href="/tags/saudi-arabias-public-investment-fund-pif">¶¶Òõ¶ÌÊÓƵ&#039;s Public Investment Fund (PIF)</a></div><div class="field-item odd"><a href="/tags/pif">PIF</a></div></div></div> Mon, 11 Nov 2024 14:47:20 +0000 owen.bennett 2578911 at /node/2578756/business-economy <div class="field field-name-field-rbitem-author field-type-taxonomy-term-reference field-label-above"><div class="field-label">article author:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/article-authors/nadin-hassan%C2%A0%C2%A0">NADIN HASSAN  </a></div></div></div><div class="field field-name-field-author field-type-text field-label-inline clearfix"><div class="field-label">Author:&nbsp;</div><div class="field-items"><div class="field-item even"></div></div></div><div class="field field-name-field-publication-date field-type-datestamp field-label-hidden"><div class="field-items"><div class="field-item even"><span class="date-display-single">Sun, 2024-11-10 14:05</span></div></div></div><div class="field field-name-body field-type-text-with-summary field-label-hidden"><div class="field-items"><div class="field-item even"><p> RIYADH: ¶¶Òõ¶ÌÊÓƵ’s low-cost airline, flyadeal, will launch three new domestic routes from Dammam starting in January, aligning with the Kingdom’s Vision 2030 objectives. </p> <p> The airline will launch daily flights from Dammam to Najran and four weekly services to Tabuk on Jan. 1, followed by three weekly flights to Yanbu starting Jan. 2.</p> <p> The announcement was made by Steven Greenway, CEO of flyadeal, on the sidelines of the World Travel Market in London.</p></div></div></div><div class="field field-name-field-binary field-type-image field-label-hidden"><div class="field-items"><div class="field-item even"><img src="/sites/default/files/2024/11/10/4543476-1783817824.jpg" width="1000" height="666" alt="" title="The airline’s fleet comprises 36 modern Airbus A320 narrowbody aircraft. Shutterstock" /></div></div></div><div class="field field-name-taxonomy-vocabulary-1 field-type-taxonomy-term-reference field-label-above"><div class="field-label">Main category:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/economy">Business &amp; Economy</a></div><div class="field-item odd"><a href="/main-category/tourism-transport">Tourism &amp; Transport</a></div></div></div><div class="field field-name-taxonomy-vocabulary-9 field-type-taxonomy-term-reference field-label-above"><div class="field-label">Tags:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/category/tags/saudi-arabia">¶¶Òõ¶ÌÊÓƵ</a></div><div class="field-item odd"><a href="/tags/flyadeal">flyadeal</a></div><div class="field-item even"><a href="/tags/dammam">Dammam</a></div></div></div> Sun, 10 Nov 2024 11:12:15 +0000 sarah.glubb 2578756 at /node/2578366/business-economy <div class="field field-name-field-rbitem-author field-type-taxonomy-term-reference field-label-above"><div class="field-label">article author:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/taxonomy/term/225841">Reuters</a></div></div></div><div class="field field-name-field-author field-type-text field-label-inline clearfix"><div class="field-label">Author:&nbsp;</div><div class="field-items"><div class="field-item even"></div></div></div><div class="field field-name-field-publication-date field-type-datestamp field-label-hidden"><div class="field-items"><div class="field-item even"><span class="date-display-single">Thu, 2024-11-07 11:48</span></div></div></div><div class="field field-name-body field-type-text-with-summary field-label-hidden"><div class="field-items"><div class="field-item even"><p> LONDON: Saudi startup Riyadh Air is wading back into the jet market after buying dozens of Airbus and Boeing planes and aims to finalize a new deal involving the industry’s largest twin-aisle jets early next year, its CEO said.</p> <p> The country’s newest national airline is weighing up the Boeing 777X and the Airbus A350-1000 and expects to make a decision in the first or second quarters of 2025, CEO Tony Douglas told Reuters.</p></div></div></div><div class="field field-name-field-binary field-type-image field-label-hidden"><div class="field-items"><div class="field-item even"><img src="/sites/default/files/2024/11/07/4542441-1109811723.jpg" width="1000" height="667" alt="" title="Boeing 787-9 Dreamliner of Riyadh Air on show in Dubai in November 2023. Shutterstock" /></div></div></div><div class="field field-name-taxonomy-vocabulary-1 field-type-taxonomy-term-reference field-label-above"><div class="field-label">Main category:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/economy">Business &amp; Economy</a></div><div class="field-item odd"><a href="/main-category/tourism-transport">Tourism &amp; Transport</a></div></div></div><div class="field field-name-taxonomy-vocabulary-9 field-type-taxonomy-term-reference field-label-above"><div class="field-label">Tags:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/tags/riyadh-air">Riyadh Air</a></div><div class="field-item odd"><a href="/tags/boeing-0">Boeing</a></div><div class="field-item even"><a href="/tags/airbus-0">Airbus</a></div></div></div> Thu, 07 Nov 2024 08:55:11 +0000 owen.bennett 2578366 at /node/2578017/business-economy <div class="field field-name-field-rbitem-author field-type-taxonomy-term-reference field-label-above"><div class="field-label">article author:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/rbitem-author/mohammed-al-kinani%C2%A0">Mohammed Al-Kinani </a></div></div></div><div class="field field-name-field-author field-type-text field-label-inline clearfix"><div class="field-label">Author:&nbsp;</div><div class="field-items"><div class="field-item even"></div></div></div><div class="field field-name-field-publication-date field-type-datestamp field-label-hidden"><div class="field-items"><div class="field-item even"><span class="date-display-single">Mon, 2024-11-04 16:55</span></div></div></div><div class="field field-name-body field-type-text-with-summary field-label-hidden"><div class="field-items"><div class="field-item even"><p> JEDDAH: Saudi budget airline flynas will add two new African destinations to its network starting in January 2025, aligning with its broader expansion strategy across the continent. </p> <p> Beginning Jan. 8, the airline will operate three weekly flights from Riyadh to Entebbe, Uganda, and the same number from Jeddah to Djibouti, according to the airline’s statement. </p></div></div></div><div class="field field-name-field-binary field-type-image field-label-hidden"><div class="field-items"><div class="field-item even"><img src="/sites/default/files/2024/11/04/4541534-1285393818.jpg" width="1000" height="667" alt="" title="Flynas currently operates 1,500 flights every week to 70 domestic and international destinations. Shutterstock" /></div></div></div><div class="field field-name-taxonomy-vocabulary-1 field-type-taxonomy-term-reference field-label-above"><div class="field-label">Main category:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/economy">Business &amp; Economy</a></div><div class="field-item odd"><a href="/main-category/tourism-transport">Tourism &amp; Transport</a></div></div></div><div class="field field-name-taxonomy-vocabulary-9 field-type-taxonomy-term-reference field-label-above"><div class="field-label">Tags:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/tags/flynas">Flynas</a></div><div class="field-item odd"><a href="/tags/saudi-aviation">Saudi aviation</a></div></div></div> Mon, 04 Nov 2024 14:00:54 +0000 owen.bennett 2578017 at /node/2577902/business-economy <div class="field field-name-field-rbitem-author field-type-taxonomy-term-reference field-label-above"><div class="field-label">article author:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/article-authors/nour-el-shaeri%C2%A0%C2%A0%C2%A0">NOUR EL-SHAERI   </a></div></div></div><div class="field field-name-field-publication-date field-type-datestamp field-label-hidden"><div class="field-items"><div class="field-item even"><span class="date-display-single">Sun, 2024-11-03 18:15</span></div></div></div><div class="field field-name-body field-type-text-with-summary field-label-hidden"><div class="field-items"><div class="field-item even"><p> RIYADH: ¶¶Òõ¶ÌÊÓƵ’s tourism sector experienced a 107 percent increase in hotel rooms year-on-year in the third quarter of the year, according to official data. </p> <p> The Kingdom’s hospitality industry saw room numbers increase from 214,600 in the third quarter of last year to 443,200 during the same period in 2024. </p> <p> Room licenses also doubled to over 3,950, as opposed to 2,000 permits in the third quarter of last year. </p></div></div></div><div class="field field-name-field-binary field-type-image field-label-hidden"><div class="field-items"><div class="field-item even"><img src="/sites/default/files/2024/11/03/4541237-2041419445.jpg" width="1000" height="667" alt="" title="¶¶Òõ¶ÌÊÓƵ has surpassed its original target of attracting 100 million tourists by 2030, reporting 100 million visitors so far. Shutterstock" /></div></div></div><div class="field field-name-taxonomy-vocabulary-1 field-type-taxonomy-term-reference field-label-above"><div class="field-label">Main category:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/economy">Business &amp; Economy</a></div><div class="field-item odd"><a href="/main-category/tourism-transport">Tourism &amp; Transport</a></div></div></div><div class="field field-name-taxonomy-vocabulary-9 field-type-taxonomy-term-reference field-label-above"><div class="field-label">Tags:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/category/tags/saudi-arabia">¶¶Òõ¶ÌÊÓƵ</a></div><div class="field-item odd"><a href="/tags/saudi-tourism">saudi tourism</a></div><div class="field-item even"><a href="/tags/saudi-hotels">Saudi hotels</a></div><div class="field-item odd"><a href="/tags/ahmed-al-khateeb">Ahmed Al-Khateeb</a></div></div></div> Sun, 03 Nov 2024 15:30:17 +0000 sarah.glubb 2577902 at /node/2577895/business-economy <div class="field field-name-field-rbitem-author field-type-taxonomy-term-reference field-label-above"><div class="field-label">article author:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/article-authors/reem-walid%C2%A0">REEM WALID </a></div></div></div><div class="field field-name-field-publication-date field-type-datestamp field-label-hidden"><div class="field-items"><div class="field-item even"><span class="date-display-single">Sun, 2024-11-03 16:32</span></div></div></div><div class="field field-name-body field-type-text-with-summary field-label-hidden"><div class="field-items"><div class="field-item even"><p> RIYADH: Saudi road maintenance time has been slashed by 40 percent thanks to modern technologies, according to the Kingdom’s Minister of Transport and Logistics Services. </p> <p> During a speech on the first day of the Road Safety and Sustainability Conference taking place in Riyadh from Nov. 3—4, Saleh Al-Jasser said the cutting-edge innovations have also helped reduce carbon emissions.</p></div></div></div><div class="field field-name-field-binary field-type-image field-label-hidden"><div class="field-items"><div class="field-item even"><img src="/sites/default/files/2024/11/03/4541227-1985861377.png" width="1000" height="555" alt="" title="Saudi Minister of Transport and Logistics Services Saleh Al-Jasser was speaking on the first day of the Road Safety and Sustainability Conference in Riyadh. X/@RGAsaudi" /></div><div class="field-item odd"><img src="/sites/default/files/2024/11/03/4541228-1489946148.png" width="1000" height="555" alt="" title="Saudi Minister of Transport and Logistics Services Saleh Al-Jasser was speaking on the first day of the Road Safety and Sustainability Conference in Riyadh. X/@RGAsaudi" /></div></div></div><div class="field field-name-taxonomy-vocabulary-1 field-type-taxonomy-term-reference field-label-above"><div class="field-label">Main category:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/economy">Business &amp; Economy</a></div><div class="field-item odd"><a href="/main-category/tourism-transport">Tourism &amp; Transport</a></div></div></div><div class="field field-name-taxonomy-vocabulary-9 field-type-taxonomy-term-reference field-label-above"><div class="field-label">Tags:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/category/tags/saudi-arabia">¶¶Òõ¶ÌÊÓƵ</a></div><div class="field-item odd"><a href="/tags/saleh-al-jasser">Saleh Al-Jasser</a></div><div class="field-item even"><a href="/tags/roads-general-authority-rga">Roads General Authority (RGA)</a></div><div class="field-item odd"><a href="/tags/roads">roads</a></div><div class="field-item even"><a href="/tags/international-road-federation-irf">International Road Federation (IRF)</a></div></div></div> Sun, 03 Nov 2024 13:54:21 +0000 sarah.glubb 2577895 at /node/2577884/business-economy <div class="field field-name-field-rbitem-author field-type-taxonomy-term-reference field-label-above"><div class="field-label">article author:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/taxonomy/term/206261">MOHAMMED AL-KINANI</a></div></div></div><div class="field field-name-field-publication-date field-type-datestamp field-label-hidden"><div class="field-items"><div class="field-item even"><span class="date-display-single">Sun, 2024-11-03 14:04</span></div></div></div><div class="field field-name-body field-type-text-with-summary field-label-hidden"><div class="field-items"><div class="field-item even"><p> JEDDAH: ¶¶Òõ¶ÌÊÓƵ has made a remarkable leap, climbing 15 places to rank 12th in global tourist spending for 2023, according to the latest UN Tourism report. This is the largest jump among the top 50 countries.</p> <p> The ranking follows a September report from the UN Tourism, which highlighted the Kingdom’s leadership among G20 nations with a 73 percent increase in international visitor growth and a staggering 207 percent rise in international tourism receipts from January to July 2024 compared to the same period in 2019.</p></div></div></div><div class="field field-name-field-binary field-type-image field-label-hidden"><div class="field-items"><div class="field-item even"><img src="/sites/default/files/2024/11/03/4541195-658268954.jpg" width="1500" height="1125" alt="The ranking follows a September report from the UN Tourism, which highlighted the Kingdom’s leadership among G20 nations with a 73 percent increase in international visitor growth and a staggering 207 percent rise in international tourism receipts from January to July 2024 compared to the same period in 2019. File" title="The ranking follows a September report from the UN Tourism, which highlighted the Kingdom’s leadership among G20 nations with a 73 percent increase in international visitor growth and a staggering 207 percent rise in international tourism receipts from January to July 2024 compared to the same period in 2019. File" /></div></div></div><div class="field field-name-taxonomy-vocabulary-1 field-type-taxonomy-term-reference field-label-above"><div class="field-label">Main category:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/economy">Business &amp; Economy</a></div><div class="field-item odd"><a href="/main-category/tourism-transport">Tourism &amp; Transport</a></div></div></div><div class="field field-name-taxonomy-vocabulary-9 field-type-taxonomy-term-reference field-label-above"><div class="field-label">Tags:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/category/tags/saudi-arabia">¶¶Òõ¶ÌÊÓƵ</a></div><div class="field-item odd"><a href="/tags/un-tourism">UN Tourism</a></div><div class="field-item even"><a href="/tags/saudi-tourism">saudi tourism</a></div><div class="field-item odd"><a href="/tags/future-hospitality-summit">Future Hospitality Summit</a></div><div class="field-item even"><a href="/tags/saudi-ministry-tourism">Saudi Ministry of Tourism</a></div></div></div> Sun, 03 Nov 2024 11:08:02 +0000 shahrukh.jamshed 2577884 at /node/2577526/business-economy <div class="field field-name-field-rbitem-author field-type-taxonomy-term-reference field-label-above"><div class="field-label">article author:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/taxonomy/term/111606">AFP</a></div></div></div><div class="field field-name-field-author field-type-text field-label-inline clearfix"><div class="field-label">Author:&nbsp;</div><div class="field-items"><div class="field-item even"></div></div></div><div class="field field-name-field-publication-date field-type-datestamp field-label-hidden"><div class="field-items"><div class="field-item even"><span class="date-display-single">Thu, 2024-10-31 12:32</span></div></div></div><div class="field field-name-body field-type-text-with-summary field-label-hidden"><div class="field-items"><div class="field-item even"><p> RIYADH: ¶¶Òõ¶ÌÊÓƵ’s new national airline, Riyadh Air, plans next year to order wide-body aircraft capable of seating more than 300 passengers, its chief financial officer told AFP on Thursday.</p> <p> The order would be the third for the airline, which was created last year and plans to operate its first flights in the summer of 2025.</p></div></div></div><div class="field field-name-field-binary field-type-image field-label-hidden"><div class="field-items"><div class="field-item even"><img src="/sites/default/files/2024/10/31/4540275-592995524.png" width="734" height="469" alt="" title="Riyadh Air expects to serve 100 routes by 2030 and more than 120 by 2035. File" /></div></div></div><div class="field field-name-taxonomy-vocabulary-1 field-type-taxonomy-term-reference field-label-above"><div class="field-label">Main category:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/economy">Business &amp; Economy</a></div><div class="field-item odd"><a href="/main-category/tourism-transport">Tourism &amp; Transport</a></div></div></div><div class="field field-name-taxonomy-vocabulary-9 field-type-taxonomy-term-reference field-label-above"><div class="field-label">Tags:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/FII8">FII8</a></div><div class="field-item odd"><a href="/tags/riyadh-air">Riyadh Air</a></div></div></div> Thu, 31 Oct 2024 09:37:30 +0000 owen.bennett 2577526 at /node/2577425/business-economy <div class="field field-name-field-rbitem-author field-type-taxonomy-term-reference field-label-above"><div class="field-label">article author:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/taxonomy/term/206261">MOHAMMED AL-KINANI</a></div></div></div><div class="field field-name-field-publication-date field-type-datestamp field-label-hidden"><div class="field-items"><div class="field-item even"><span class="date-display-single">Wed, 2024-10-30 17:32</span></div></div></div><div class="field field-name-body field-type-text-with-summary field-label-hidden"><div class="field-items"><div class="field-item even"><p> JEDDAH: The Saudi aviation sector will benefit from a strategic alliance between the King Salman International Airport Development Co. and the Future Investment Initiative Institute to enhance innovation and sustainability.</p> <p> The two parties inked the agreement on the sidelines of the eighth edition of the FII in Riyadh, a gathering of global leaders and decision-makers in business, politics, and investment.</p> <p> Marco Mejia, acting CEO of KSIADC, and Richard Attias, CEO of the FII Institute, attended the signing ceremony.</p></div></div></div><div class="field field-name-field-binary field-type-image field-label-hidden"><div class="field-items"><div class="field-item even"><img src="/sites/default/files/2024/10/30/4539965-2058495600.png" width="1153" height="774" alt="" title="Marco Mejia, acting CEO of KSIADC, and Richard Attias, CEO of the FII Institute, attended the signing ceremony. SPA" /></div></div></div><div class="field field-name-taxonomy-vocabulary-1 field-type-taxonomy-term-reference field-label-above"><div class="field-label">Main category:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/economy">Business &amp; Economy</a></div><div class="field-item odd"><a href="/main-category/tourism-transport">Tourism &amp; Transport</a></div></div></div><div class="field field-name-taxonomy-vocabulary-9 field-type-taxonomy-term-reference field-label-above"><div class="field-label">Tags:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/FII8">FII8</a></div><div class="field-item odd"><a href="/tags/king-salman-international-airport-development-co">King Salman International Airport Development Co.</a></div><div class="field-item even"><a href="/tags/king-salman-international-airport">King Salman International Airport</a></div><div class="field-item odd"><a href="/tags/saudi-aviation">Saudi aviation</a></div></div></div> Wed, 30 Oct 2024 14:38:06 +0000 owen.bennett 2577425 at /node/2577404/business-economy <div class="field field-name-field-rbitem-author field-type-taxonomy-term-reference field-label-above"><div class="field-label">article author:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/article-authors/reina-takla">Reina Takla</a></div><div class="field-item odd"><a href="/article-authors/nour-el-shaeri%C2%A0">Nour El-Shaeri </a></div></div></div><div class="field field-name-field-publication-date field-type-datestamp field-label-hidden"><div class="field-items"><div class="field-item even"><span class="date-display-single">Wed, 2024-10-30 14:33</span></div></div></div><div class="field field-name-body field-type-text-with-summary field-label-hidden"><div class="field-items"><div class="field-item even"><p> RIYADH: ¶¶Òõ¶ÌÊÓƵ’s TASARU is boosting German-based premium chauffeur services company Blacklane’s entry into the Kingdom through a strategic investment, says the CEO. </p> <p> In an interview with Arab News during the Future Investment Initiative in Riyadh, Michael Mueller – head of the Public Investment Fund subsidiary –  emphasized the alignment between Blacklane’s mission and ¶¶Òõ¶ÌÊÓƵ’s Vision 2030, which includes objectives for a sustainable and localized premium transportation sector. </p></div></div></div><div class="field field-name-field-binary field-type-image field-label-hidden"><div class="field-items"><div class="field-item even"><img src="/sites/default/files/2024/10/30/4539915-1301270693.jpeg" width="1600" height="1067" alt="" title="Michael Mueller, CEO of TASARU, speaking to Arab News. AN/Abdulrahman bin Shalhuob" /></div></div></div><div class="field field-name-taxonomy-vocabulary-1 field-type-taxonomy-term-reference field-label-above"><div class="field-label">Main category:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/economy">Business &amp; Economy</a></div><div class="field-item odd"><a href="/main-category/tourism-transport">Tourism &amp; Transport</a></div></div></div><div class="field field-name-taxonomy-vocabulary-9 field-type-taxonomy-term-reference field-label-above"><div class="field-label">Tags:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/FII8">FII8</a></div><div class="field-item odd"><a href="/tags/blacklane">Blacklane</a></div><div class="field-item even"><a href="/tags/tasaru">TASARU</a></div></div></div> <span class="label abs-el uppercase special"> Special </span> Wed, 30 Oct 2024 11:40:35 +0000 owen.bennett 2577404 at /node/2577386/business-economy <div class="field field-name-field-rbitem-author field-type-taxonomy-term-reference field-label-above"><div class="field-label">article author:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/article-authors/mohammad-al-kinani">Mohammad Al-Kinani</a></div></div></div><div class="field field-name-field-publication-date field-type-datestamp field-label-hidden"><div class="field-items"><div class="field-item even"><span class="date-display-single">Wed, 2024-10-30 12:03</span></div></div></div><div class="field field-name-body field-type-text-with-summary field-label-hidden"><div class="field-items"><div class="field-item even"><p> JEDDAH: ¶¶Òõ¶ÌÊÓƵ’s ambitious drive to electrify its transportation sector is set to gain momentum with the entry of Al-Futtaim Electric Mobility Co., which plans to generate over 1,000 local jobs and train the Kingdom’s youth. </p> <p> Speaking to Arab News during the Jeddah International Motor Show, managing director Hasan Nergiz said that any Saudi aspiring to lead in the electric vehicle industry can learn how to do so within the Kingdom. </p></div></div></div><div class="field field-name-field-binary field-type-image field-label-hidden"><div class="field-items"><div class="field-item even"><img src="/sites/default/files/2024/10/30/4539872-1811661395.jpeg" width="1280" height="720" alt="" title="Hasan Nergiz, managing director of Al-Futtaim Electric Mobility Co. AN" /></div></div></div><div class="field field-name-taxonomy-vocabulary-1 field-type-taxonomy-term-reference field-label-above"><div class="field-label">Main category:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/economy">Business &amp; Economy</a></div><div class="field-item odd"><a href="/main-category/tourism-transport">Tourism &amp; Transport</a></div></div></div><div class="field field-name-taxonomy-vocabulary-9 field-type-taxonomy-term-reference field-label-above"><div class="field-label">Tags:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/tags/electric-vehicle">Electric Vehicle</a></div><div class="field-item odd"><a href="/tags/al-futtaim">Al-Futtaim</a></div><div class="field-item even"><a href="/tags/al-futtaim-electric-mobility-co">Al-Futtaim Electric Mobility Co.</a></div><div class="field-item odd"><a href="/tags/jeddah-international-motor-show">Jeddah International Motor Show</a></div></div></div> <span class="label abs-el uppercase special"> Special </span> Wed, 30 Oct 2024 09:19:38 +0000 owen.bennett 2577386 at /node/2576988/business-economy <div class="field field-name-field-rbitem-author field-type-taxonomy-term-reference field-label-above"><div class="field-label">article author:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/article-authors/nirmal-narayanan">Nirmal Narayanan</a></div></div></div><div class="field field-name-field-publication-date field-type-datestamp field-label-hidden"><div class="field-items"><div class="field-item even"><span class="date-display-single">Sun, 2024-10-27 16:57</span></div></div></div><div class="field field-name-body field-type-text-with-summary field-label-hidden"><div class="field-items"><div class="field-item even"><p> RIYADH: ¶¶Òõ¶ÌÊÓƵ has unveiled its luxury island destination, Sindalah, part of the $500-billion NEOM mega-project, as the Kingdom intensifies efforts to expand its tourism sector. </p> <p> NEOM announced that the project, developed over two years with the involvement of four local contractors and 60 subcontractors, has welcomed its first guests, signaling a new era of high-end tourism in ¶¶Òõ¶ÌÊÓƵ, according to a press release. </p></div></div></div><div class="field field-name-field-binary field-type-image field-label-hidden"><div class="field-items"><div class="field-item even"><img src="/sites/default/files/2024/10/27/4539016-1971240230.jpg" width="1600" height="1065" alt="" title="Located 5 km off NEOM’s northwest coast, Sindalah spans 840,000 sq. meters and is set to welcome up to 2,400 guests daily by 2028, creating 3,500 jobs. (SPA)" /></div></div></div><div class="field field-name-taxonomy-vocabulary-1 field-type-taxonomy-term-reference field-label-above"><div class="field-label">Main category:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/economy">Business &amp; Economy</a></div><div class="field-item odd"><a href="/main-category/tourism-transport">Tourism &amp; Transport</a></div></div></div><div class="field field-name-taxonomy-vocabulary-9 field-type-taxonomy-term-reference field-label-above"><div class="field-label">Tags:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/tags/pif">PIF</a></div><div class="field-item odd"><a href="/tags/neom">NEOM</a></div><div class="field-item even"><a href="/tags/sindalah">Sindalah</a></div></div></div> Sun, 27 Oct 2024 13:59:42 +0000 shahrukh.jamshed 2576988 at /node/2576753/business-economy <div class="field field-name-field-rbitem-author field-type-taxonomy-term-reference field-label-above"><div class="field-label">article author:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/article-authors/manal-al-barakati-0">MANAL AL-BARAKATI</a></div></div></div><div class="field field-name-field-author field-type-text field-label-inline clearfix"><div class="field-label">Author:&nbsp;</div><div class="field-items"><div class="field-item even"></div></div></div><div class="field field-name-field-publication-date field-type-datestamp field-label-hidden"><div class="field-items"><div class="field-item even"><span class="date-display-single">Fri, 2024-10-25 12:30</span></div></div></div><div class="field field-name-body field-type-text-with-summary field-label-hidden"><div class="field-items"><div class="field-item even"><p> RIYADH: ¶¶Òõ¶ÌÊÓƵ is rapidly positioning itself as a global leader in wellness tourism, a sector that promises significant economic returns while aligning with the Kingdom’s Vision 2030. </p> <p> With the market expected to reach $1.1 trillion by 2025, the Kingdom is strategically focusing on this burgeoning industry to diversify its economy and enhance the quality of life for residents and visitors, a report by Red Sea Global highlighted.</p></div></div></div><div class="field field-name-field-binary field-type-image field-label-hidden"><div class="field-items"><div class="field-item even"><img src="/sites/default/files/2024/10/25/4538274-1510274536.jpg" width="1000" height="668" alt="" title="The global wellness industry is projected to grow to $8.5 trillion by 2027. Shutterstock" /></div></div></div><div class="field field-name-taxonomy-vocabulary-1 field-type-taxonomy-term-reference field-label-above"><div class="field-label">Main category:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/economy">Business &amp; Economy</a></div><div class="field-item odd"><a href="/main-category/tourism-transport">Tourism &amp; Transport</a></div></div></div><div class="field field-name-taxonomy-vocabulary-9 field-type-taxonomy-term-reference field-label-above"><div class="field-label">Tags:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/tags/amaala">Amaala</a></div><div class="field-item odd"><a href="/tags/wellness">Wellness</a></div><div class="field-item even"><a href="/tags/wellness-tourism">wellness tourism</a></div><div class="field-item odd"><a href="/tags/saudi-tourism">saudi tourism</a></div></div></div> <span class="label abs-el uppercase special"> Special </span> Fri, 25 Oct 2024 09:41:14 +0000 owen.bennett 2576753 at /node/2576269/business-economy <div class="field field-name-field-rbitem-author field-type-taxonomy-term-reference field-label-above"><div class="field-label">article author:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/article-authors/miguel-hadchity%C2%A0">MIGUEL HADCHITY </a></div></div></div><div class="field field-name-field-author field-type-text field-label-inline clearfix"><div class="field-label">Author:&nbsp;</div><div class="field-items"><div class="field-item even"></div></div></div><div class="field field-name-field-publication-date field-type-datestamp field-label-hidden"><div class="field-items"><div class="field-item even"><span class="date-display-single">Tue, 2024-10-22 12:33</span></div></div></div><div class="field field-name-body field-type-text-with-summary field-label-hidden"><div class="field-items"><div class="field-item even"><p> RIYADH: ¶¶Òõ¶ÌÊÓƵ’s King Khalid International Airport in Riyadh secured the top spot among the Kingdom’s airports for September, achieving an 82 percent compliance rate, official data showed. </p> <p> According to the General Authority of Civil Aviation, the Riyadh air base, which serves over 15 million passengers annually, outperformed others in its category, which includes the Kingdom’s largest international airports. </p> <p> In the same category, Jeddah’s King Abdulaziz International Airport followed closely and received a compliance rate of 73 percent. </p></div></div></div><div class="field field-name-field-binary field-type-image field-label-hidden"><div class="field-items"><div class="field-item even"><img src="/sites/default/files/2024/10/22/4537056-830943732.png" width="1600" height="930" alt="" title="¶¶Òõ¶ÌÊÓƵ aims to enhance air connectivity to 250 destinations, serving 330 million passengers, and double air cargo capacity to 4.5 million tons by 2030. File/SPA" /></div></div></div><div class="field field-name-taxonomy-vocabulary-1 field-type-taxonomy-term-reference field-label-above"><div class="field-label">Main category:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/economy">Business &amp; Economy</a></div><div class="field-item odd"><a href="/main-category/tourism-transport">Tourism &amp; Transport</a></div></div></div><div class="field field-name-taxonomy-vocabulary-9 field-type-taxonomy-term-reference field-label-above"><div class="field-label">Tags:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/tags/king-khalid-international-airport">King Khalid International Airport</a></div><div class="field-item odd"><a href="/category/tags/saudi-arabia">¶¶Òõ¶ÌÊÓƵ</a></div><div class="field-item even"><a href="/tags/saudi-airports">Saudi airports</a></div><div class="field-item odd"><a href="/tags/transport">transport</a></div></div></div> Tue, 22 Oct 2024 09:40:26 +0000 sarah.glubb 2576269 at