Business

Business

First Female Manager Appointed by Saudi Branch of Global Hospitality Group

Rezidor, a major hospitality group operating in Saudi Arabia, announced recently that it appointed the first female hotel general manager in the country. Maram...

McDermott Plans to Expand Saudi Marine Manufacturing

Saudi Aramco and American oilfield services provider McDermott International have signed a memorandum of understanding to construct a marine manufacturing facility at a shipbuilding complex...
Aramco

Saudi Arabia: A Financial Powerhouse in the Making

In a little under a year, Saudi Arab’s Public Investment Fund (PIF) has funneled about $50 billion of the Kingdom’s reserves into investments abroad,...

Saudi Stock Exchange Eyes Foreign Investments

The Saudi stock exchange, commonly known as the Tadawul, is seeking ways to boost foreign stock ownership, beginning by holding talks with companies already...

Fiscal Reforms Will Save Saudi Arabia Billions By 2020

Saudi Arabia is slated to save over SR362 billion ($96.5 billion) by 2020 with a package of fiscal reforms that will transform the way...
chambres hôtels Djeddah

Saudi Arabia’s Hospitality Sector is Booming

The hospitality sector in Saudi Arabia is getting a boost: the Kingdom is set to see a record number of 28 new hotels and...