Saudi Arabia has revealed the latest part of its Red Sea giga-project, which is one of several massive developments helping transform the oil-rich desert kingdom into a tourist paradise. Named Laheq, ...

InterContinental has opened one of the first resorts on Saudi Arabia’s Shura Island, marking a new stage in the development of The Red Sea destination under Saudi Vision 2030. The 210-room ...

The share of bank lending going to SMEs rose to 11% at end-3Q25 (end-2019: 6%). This remains below the 20% target for 2030 ...

The Red Sea Project is a large-scale tourism development currently underway along Saudi Arabia’s western coastline. Designed to balance luxury tourism with environmental conservation, the project is ...

The residentially focused Laheq Island could mark the start of something bigger for Saudi Arabia: getting people to want to buy property in the kingdom. Red Sea Global has unveiled Laheq Island, its ...

Saudi Arabia’s transport and logistics industry continues to experience robust expansion and is a pillar of Vision 2030, the national blueprint for economic diversification. Sector growth is driven by ...

The Red Sea Edition is the first of several resorts opening on Shura Island. Photo Credit: Edition Hotels Marriott International's Edition brand has opened the Red Sea Edition, a resort on Saudi ...

DUBAI, April 27 (Reuters) - Saudi Arabia's flagship tourism project developer, The Red Sea Development Company (TRSDC), has raised a 14.12 billion-riyal ($3.77 billion) 'green' loan from four Saudi ...

Saudi Arabia is scaling back parts of its NEOM mega-project as soaring costs and delays force a rethink of its most ambitious ...

Red Sea Global CEO Pagano details ambitions abroad 17 new hotels, resorts to open by May, CEO says Pagano appointed to board of delayed NEOM project ABU DHABI, Oct 22 (Reuters) - Luxury resort ...