KSA’s Public Investment Fund approves masterplan for Neom Bay

Saudi Arabia’s Public Investment Fund (PIF) has announced that its founding board has approved the masterplan for Neom Bay, an eco-friendly tourist...

Consultant

Red Sea Project to create 70,000 jobs in the Kingdom

Saudi Arabia’s Red Sea Development Company has announced a project to build 22 islands of the coast of the Red Sea, in...

Construction

Saudi Arabia announces sustainable mountaineering tourism development

Saudi Arabia’s Public Investment Fund (PIF) has announced the launch of Wadi Al Disah Development (valley of palm trees), on the southwest...

Construction

NEOM CEO: Partners have told us to ‘move on’

The head of Saudi Arabia's $500 billion NEOM mega-project told delegates at last week's Future Investment Initiative conference in Riyadh that its international...

Construction

Neom appoints UK-based hospitality expert as tourism chief

Aradhana Khowala has been appointed managing director of tourism at Neom city. Neom representatives also said that they would soon announce the...

Construction

Al-Habtoor Group in talks with partners as it targets KSA hospitality market

Al Habtoor Group, the UAE-based conglomerate, has said that it is looking to tap into the hospitality sector in Saudi Arabia as...

Construction

KAUST president named as new CEO for Saudi mega-city Neom

Nadhmi Al-Nasr, the current interim president for King Abdullah University of Science and Technology (KAUST), has been appointed as the new CEO...

Construction

GCC governments need proper regulations and frameworks for PPP to succeed

Public-private partnerships (PPP) will need GCC governments to introduce proper regulations and strong legal frameworks if they are to succeed, leading experts...