Saudi startup Unifonic raises $125m
The startup's latest funding is led by SoftBank and a unit of the PIF.Yemen: No end to war that has put million on brink of famine
Analysts say the balance has tilted in favour of the Huthi rebels against the Saudi-led military coalitionSaudi Arabia to host region’s first poultry event of its kind
The first Middle East Poultry Exhibition and Conference will be held under the theme Contribution of Enhancing Food Security.Saudi state media companies to move from Dubai to Riyadh
The decision follows an earlier Saudi move to stop giving state contracts to companies and commercial institutions with Middle East headquarters in any other countryHoly and worldly offerings of Saudi tourism
The Arab world's most powerful economy is devoting enormous resources to attracting at least 100 million tourists by 2030. TRENDSMENA offers a glimpse into the major tourist attractions of the kingdom.Riyadh eyes top 10-city league with $440bn makeover
As part of its grand "Riyadh Strategy," the kingdom will give the city a complete makeover, building satellite townships, new airports, blocks of residential apartments, commercial space, a broad network of transportation, including subways, swaths of landscape covered in green, adequate supply of drinking water, and much more.Popular Buraidah dates daily sales worth $400k
About 400 refrigerated trucks transport hundreds of tons of 45 varieties of dates to specialized factories in big cities.Riyadh leads Q2 Saudi Arabia residential market boom
Latest review by global property consultant Knight Frank says apartment values in Saudi capital grew by 7.6 percent year on year.Engie roped in for energy-efficiency project at Riyadh airport
The project is aimed at reducing energy demand and costs at the airport and ensuring reliable supply through clean and renewable energy sources.Covid-19 infection: 12 die in Saudi Arabia, two in UAE
The total number of recoveries in the Kingdom increased to 507,374 after 1,285 more patients recovered from the virus.From grey to green: world cities uprooting the urban jungle
The reforestation is part of an $11-billion green initiative that also includes creating 3,000 parks in the Saudi capital.WeDeliver raises $2.4 million in pre-Seed round
This is the largest pre-Seed round for a Saudi-based startup and the third-largest in Mena region.Saudi Arabia mulls new Riyadh airport in big tourism push
The new airport is to be a base for the new airline that the Public Investment Fund is looking to launch to counter regional carriers Riyadh is already served by the King Khalid International Airport Saudi Arabia is planning to build a new airport in its capital city Riyadh, said...Fitness Time to unveil a women-only gym facility in Riyadh
The low-cost gym will not have a swimming pool The country has eased restrictions for women over the past few years Health and fitness seem to be a big concern for women in Saudi Arabia just as it is everywhere in the world, and to cope with the demand for...Saudi Arabia may build a new airport in pursuit of tourism goals
New airport would serve as base for new airline planned by country’s sovereign wealth fund Kingdom’s goal is to attract 100m tourists a year by 2030 Saudi Arabia is considering building a new airport that would serve as a base for a new airline the kingdom’s sovereign wealth fund...KLM to fly to 7 destinations in Middle East
KLM will fly to seven destinations in Middle East in the summer 2021 – the same number as in 2019. KLM will be offering Riyadh as a new destination, with flights departing twice a week in the summer season As more countries reopen their borders, KLM is rebuilding its...A Russian bank in Riyadh is on the cards
Russia might get a toehold in the banking sector in Saudi Arabia A proposal in this regard is being looked at by both the countries There might soon be a Russian bank in Riyadh. A proposal in this regard was presented at a meeting between Saudi and Russian officials on...Hotels in Riyadh earn best rates in three months as travelers fill up rooms
Arab News quoted the research company on Monday that Occupancy stood at 42.8% The growth is due to easing of travel restrictions and return of international flights Owing to the easing of travel restrictions and return of international flights to the city, Riyadh’s hotel industry is showing signs of cheer...Saudi Arabia’s first dedicated style event Fashion Futures to go digital
It will launch on June 17 and will be broadcast live from studios in Riyadh and New YorkOpontia raises $20m to acquire, grow MENA e-commerce brands
Opontia said it will use the funds to acquire exceptional e-commerce brands and to invest in a team of experienced e-commerce experts who will be responsible for managing and growing brands after acquisitionRiyadh to become advertising capital of the Middle East: Sorrell
The WPP, the company Sorrell founded in 1985 has become the biggest advertising and communications group in the world The advertising marketing industry has shifted from Beirut to Dubai, and now to Riyadh Sir Martin Sorrell, the noted adman who founded the largest agency in the world, has forecast Riyadh...























