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Habitas to Manage Neom’s Annonuced Mountain Destination Leyja with 120 Rooms
Saudi Arabia’s mountain destination of Leyja, announced last month, will be managed by high-end brand Habitas, according to a report.
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Lucid Opens First-Ever Auto Plant in Saudi Arabia
Lucid has opened the first ever car manufacturing plant in Saudi Arabia at the King Abdullah Economic City as the kingdom looks to establish itself as a global player in the EV race.
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Marriott International Signs Agreement with NEOM to Open Two Luxury Properties in Trojena
Marriott International, Inc. announced it has signed an agreement with NEOM to open two luxury properties in Trojena, NEOM’s mountain destination located in the north-west region of Saudi Arabia. The agreement includes Saudi Arabia’s first W Hotel, and a JW Marriott property, according to a press release.
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New Murabba Development Company Awards Industry-Leader Bechtel with PMC Contract for Masterplan, Site-Wide Infrastructure
The Saudi-based, PIF-owned New Murabba Development Company has announced that Bechtel, the leading engineering and construction company, has been awarded a key contract to provide project management services for the New Murabba development in the capital Riyadh.
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PIF Announces Establishment of Sawani Company to Enable Growth of Camel Farming Industry
The Public Investment Fund (PIF) of Saudi Arabia announced the establishment of Sawani Company “to enable the growth of the Saudi camel farming industry and actively contribute to its sustainable development,” the fund said in a press release.
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Neom’s progress and opening date, Syria comes in from the cold, the Rua Al-Madinah giga-project and much more
Episode 86! The hosts fly solo today with lots to discuss from a busy week in Saudi Arabia. Richard’s One Big Thing is the recent developments on Saudi-Syria relations. Syria has come in from the cold in recent days as the Arab League and Saudi Arabia in particular prioritize engagement with Assad regime to solve […]
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Saudi Economy in 2023 Report: Saudi Non-Oil Economy Forecasted to Grow Over 5% — Jadwa Investment
Riyadh-based Jadwa Investment says it sees Saudi Arabia’s non-oil economy continuing its growth streak through 2023, “growing well in excess of 5 percent,” according to a report issued by Jadwa.
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Antonia Carver, director of Art Jameel, Riyadh’s New Murabba Development, Founding Day 2023 and more
In Episode 76, The 966 welcomes Antonia Carver director of Art Jameel, who discusses her work supporting artists and creative communities in the Middle East region and beyond. Art Jameel was founded by the Jameel family philanthropies and is headquartered in Saudi Arabia and the UAE and works globally. Before the discussion, the hosts talk […]
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Saudi Arabia Crown Prince launches New Murabba Development Co. to Develop Riyadh’s Downtown
Saudi Arabia’s Crown Prince, HRH Prince Mohammed bin Salman, has launched a new initiative called the New Murabba Development Co. to develop Riyadh’s downtown “through the building of a unique living, working, and entertainment experience.”
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Saudia Travelers to Get 4-Day Visa With Ticket Purchase in New Tourism Push
Saudi Arabia is set to relax its visa entry requirements further with a new program to boost tourism that grants a four-day visa to those who fly into the Kingdom on its national carrier, Saudia, according to reports.
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MUST-READS
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Consumers in Saudi Arabia are Conscious of Cyber Risks with 97% of Internet Users Taking Measures to Protect their Home Connection
Cisco’s latest Broadband Survey has revealed that internet users in Saudi Arabia are conscious of cyber risks, with only 3% of respondents not taking any measure to protect the security of their home connection. The survey of more than 21,000 people in 12 countries, including 2,000 respondents from KSA, looked at how consumers use their broadband connectivity. In Saudi Arabia, 91% of total survey respondents ranked broadband as critical national infrastructure; while 68% of respondents rely on their home Internet to work from home or run a business.
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Aramco and partners make polymers from oil waste in historic milestone
According to a press release from Aramco, the project aims to pave the way for the creation of a domestic value chain for the advanced recycling of plastics to circular polymers in Saudi Arabia. The process allows the use of non-sorted plastics, which can be difficult to recycle mechanically, which consequently contributes to solving the challenge of end-of-life plastics.
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Saudi Arabia succeeds in converting waste plastic oil into certified circular polymers
Saudi Arabia, in collaboration with France's TotalEnergies, has succeeded in converting the waste plastic oil into circular polymers certified by ISCC Plus, the official Saudi Press Agency (SPA) reported Monday. This is also the first ISCC Plus certified success in the Middle East and North Africa region. The oil was first processed in a refinery jointly owned by Saudi Arabian Oil Company (Aramco) and TotalEnergies in the eastern coastal city of Jubail and then used as a feedstock by a Saudi petrochemical complex to produce circular polymers.
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How are consumers and agencies changing in Saudi Arabia?
Clients in Saudi Arabia are embracing digital transformation and looking for innovative technological solutions. This leads to demand for advanced digital platforms, mobile applications, e-commerce solutions and online service delivery. Additionally, clients are interested in emerging technologies such as AI, blockchain, and the Internet of Things (IoT) to enhance their daily lives and business operations.
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Triotech selected to develop multiple attractions for Transformers experiences in Saudi Arabia
Part of Saudi Arabia’s Public Investment Fund (PIF), Seven has selected Triotech to develop themed interactive dark rides for its Transformers attractions, which will cover 10,000sq m (108,000sq ft) and be set across a range of immersive action-filled environments themed on the popular IP. In its role, Triotech will be responsible for the design, engineering, manufacturing, and installation of these interactive dark rides.
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What retailers should know about Saudi Arabian luxury consumers
In 2022, Saudi Arabia's fashion market was worth over €2 billion (~$2.15 billion), and only continues to grow as brands like Prada and Tiffany’s expand their presence with mono-brand outlets in the country.
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World’s first Transformers indoor theme parks to open in Saudi Arabia
The theme parks will open at three of Seven's entertainment destinations in Saudi Arabia. Each of the parks will have themed attractions and immersive experiences depicting Autobots heroics and the scheming of the Decepticons.
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Astronomers’ divergence of views on first day of Eid Al-Fitr depends on a number of factors
There has been divergence of views among the Arab and Muslim astronomers and astronomical institutes with regard to the first day of the celebration of Eid Al-Fitr this year. Some of them cite that the Eid will fall on Friday while others say Eid would be on Saturday, and these are based on their astronomical calculations. The solar eclipse and some other factors were attributed to this. In such a scenario, only sighting of the Shawwal crescent in a clear weather on Thursday evening would put an end to the controversy.
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Study: Almost 60% of Saudi Arabia Consumers Choose Only Digital Money-Transfer Platforms, but Choice Still Matters
Consumers in Saudi Arabia predominantly view digital money transfers as the preferred way to send money now and in the future, according to research commissioned by Western Union. Yet many still want the power to choose between online and retail (in-person) experiences - depending on their convenience and needs. Exclusive insights show that today almost 60% of consumers who send money abroad prefer digital money-transfer services, compared to 22% who want choice, and 17% who send cash through retail channels only.
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Study: Almost 60% of Saudi Arabia Consumers Choose Only Digital Money-Transfer Platforms, but Choice Still Matters
Consumers in Saudi Arabia predominantly view digital money transfers as the preferred way to send money now and in the future, according to research commissioned by Western Union. Yet many still want the power to choose between online and retail (in-person) experiences - depending on their convenience and needs. Exclusive insights show that today almost 60% of consumers who send money abroad prefer digital money-transfer services, compared to 22% who want choice, and 17% who send cash through retail channels only.
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