Saudi Arabia unveils 2020 budget with $272bn spend
Saudi Arabia’s King Salman bin Abdulaziz Al Saud issued a royal decree today (December 9) on the general budget for ...
Tag: Saudi Arabia
New airport terminal boosts hotel rates, occupancy in Jeddah
The opening of a new airport terminal in Jeddah helped hoteliers as demand for rooms rose by more than 30 ...
Abu Dhabi, Kuwait sovereign funds plan investment in Aramco IPO: sources
The sovereign wealth funds of Abu Dhabi and Kuwait plan to invest in the initial public offering (IPO) of Saudi ...
Saudi’s Mashroat signs key King Fahd Causeway pact
Saudi-based The National Project Management, Operation and Maintenance Organization in Public Entities (Mashroat) and King Fahd Causeway Authority (KFCA) have ...
434 hotel projects underway in Mideast in Oct: STR
A total of 434 hotel projects accounting for 119,991 rooms were in construction in the Middle East and 135 projects ...
H+A Global wins Jeddah wellness project design contract
H+A Global, a multidisciplinary design firm specializing in healthcare, hospitality, and residential design, said it has been signed up by ...
Saudi Arabia to cut spending as private sector growth picks up
Saudi Arabia plans to gradually reduce government spending as private-sector growth picks up and businesses take the lead, Finance Minister ...
Foster + Partners wins Red Sea Project airport design contract
The Red Sea Development Company (TRSDC) has signed up leading architectural firm Foster + Partners to design the new international ...
Saudi Development Fund aims for more cooperation with Egypt
The Saudi Fund for Development (SFD) expressed interest in furthering cooperation with Egypt, said the fund's vice-chairman and managing director, ...
Saudi Ports to set up giant integrated logistics zone
Saudi Ports Authority is planning to set up the country's largest integrated logistics zone as part of its plans to ...
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