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  • Saudi Arabia’s Gen Z citizens most entrepreneurial in Kingdom: study

    Saudi Arabia’s Generation Z citizens are the most entrepreneurial in the Kingdom. according to new research by Western Union. Gen Z consumers in Saudi Arabia, identified as men and women aged between 18 and 24, are twice as likely to send cross-border remittances in support of their business interests at home than any other group, according to Western Union research.

  • Next Generation Sustainable Retreat Slated to Open in Saudi Arabia

    Saudi Arabia will be the location of a next-generation, ultra-sustainable getaway from Collective Retreats that promises to “reimagine the meaning of outdoor hospitality.” Being developed in partnership with NEOM, the property will be located in the snowcapped mountains of Northwestern Saudi Arabia and is expected to open at the beginning of 2026. When complete, Collective Trojena will feature 60 open-air guest rooms, as well as meeting spaces, dramatic water features, communal campfires, and even “fire-inspired culinary experiences.”

  • Saudi ACWA Power signs $8.5bln financing for NEOM green hydrogen project

    Saudi Arabian utility developer ACWA Power, partly owned by the sovereign Public Investment Fund, has signed financing agreements for a total investment of $8.5 billion for the NEOM Green Hydrogen Project (NGHP), which is expected to be commissioned in 2026. The investment funded by a combination of long-term debt and equity was agreed with NEOM Green Hydrogen Company (NGHC), a joint venture between ACWA Power, Air Products and NEOM Company, with ACWA Power holding a 33.3% equity stake, the utility said in a statement on Riyadh's Tadawul exchange on Wednesday.

  • Israel arrests suspects in settler rampage described by general as ‘pogrom’

    Police have arrested six suspects over a settler rampage in the occupied West Bank earlier this week that an Israeli general described as a "pogrom" and which followed a deadly Palestinian gun attack. A Palestinian gunman killed two Israeli brothers on Sunday as they were driving in the occupied West Bank, prompting attacks by Israeli settlers on houses and cars during which one Palestinian was killed, officials say.

  • Next Generation Sustainable Retreat Slated to Open in Saudi Arabia

    Being developed in partnership with NEOM, the property is located in the snowcapped mountains of Northwestern Saudi Arabia and is expected to open at the beginning of 2026. When complete, Collective Trojena will feature 60 open-air guest rooms, as well as meeting spaces, dramatic water features, communal campfires, and even “fire-inspired culinary experiences.” Information released online about the project says “guests will be immersed in a journey that creates a true appreciation” of the property’s awe-inspiring mountain location. The property is being designed to evoke the intrepid spirit of the Collective Retreats brand, while also showcasing natural and developed landscapes. TRENDING NOW Eco-Friendly Travel JetBlue Partners With CHOOSE To Give Customers Tools To Scale... Aurora Expeditions Officially Christens the Sylvia Earle in... MSC's Most Sustainable Ship, MSC Euribia, to Launch This... United Airlines Commits More Than $100 Million to New...

  • Yemen’s Hodeidah receives first ship carrying general cargo in years amid truce push

    A container ship carrying general commercial goods docked at Yemen's main port of Hodeidah for the first time since at least 2016 on Saturday as parties in Yemen's eight-year war are in talks to reinstate an expired U.N.-brokered truce deal. The conflict, which pits a military coalition led by Saudi Arabia against the Iran-aligned Houthi group, has divided Yemen and caused a humanitarian crisis that has left 80% of the 30 million population needing help.

  • General Motors Middle East posts 20% increase in 2022 sales

    Deep diving into the brands themselves, Chevrolet, GMC, Cadillac outperformed their key segments and registered yearly record sales ranking among the best annual performances of the past decade. Growing GM’s total market share.

  • General Motors Middle East posts 20% increase in 2022 sales

    Deep diving into the brands themselves, Chevrolet, GMC, Cadillac outperformed their key segments and registered yearly record sales ranking among the best annual performances of the past decade. Growing GM’s total market share.

  • The comeback kingdom: What a resurgent Saudi Arabia means for Europe

    The Saudi Public Investment Fund’s decision in 2022 to establish six funds channelling $24 billion towards Egypt, Oman, Iraq, Jordan, Sudan and Bahrain is one of the clearest indications of Riyadh’s strategy to expand its soft power in these countries and beyond. Saudi leaders are bent on fighting corruption and getting a return on their investments, by tying money to IMF-sanctioned reforms. This means Saudi and European approaches to regional investments are now more aligned.

  • The comeback kingdom: What a resurgent Saudi Arabia means for Europe

    The Saudi Public Investment Fund’s decision in 2022 to establish six funds channelling $24 billion towards Egypt, Oman, Iraq, Jordan, Sudan and Bahrain is one of the clearest indications of Riyadh’s strategy to expand its soft power in these countries and beyond. Saudi leaders are bent on fighting corruption and getting a return on their investments, by tying money to IMF-sanctioned reforms. This means Saudi and European approaches to regional investments are now more aligned.