Hilton to Open 35 Hotels, Add 10,000 Rooms in Saudi Arabia as Tourism Sector Soars

Jeddah Hilton
Hilton Hotels & Resorts announced it is looking to build 35 new hotels in Saudi Arabia, adding as many as 10,000 rooms over the next 3-5 years, according to reports on comments made by a top executive for the company.



Private-Sector Program ‘Direction’ in Saudi Arabia Boosts Cross-Cultural Understanding, Dialogue

A private-sector program in Saudi Arabia is seeking to enhance relations between the Kingdom and nations around the world through delegations of Saudi youths in order to spread "a culture of moderation and respect for others" in line with the Kingdom's Vision 2030.

Saudi Arabia

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Saudi Stock Market

Record Foreign Buying of Saudi Stocks as Khashoggi Woes Fade

Investors from outside the country and the Gulf were net buyers of around 4.4 billion riyals ($1.17 billion) of Saudi-listed stocks in January, the most ...


Oil and Gas

Saudi Arabia sees rise in completed oil and gas projects

During 2018, Saudi Arabia saw a surge in the value of oil and gas projects completed after the kingdom invested heavily in the sector in ...


Capital Markets

FTSE Russell, Nasdaq Dubai to start Saudi equity indexes for derivatives trading

Nasdaq Dubai has signed a license agreement to launch derivatives based on FTSE Russell’s Saudi Arabia equity indexes in the coming months, the two companies ...



Demand growing for homes at Saudi Arabia’s KAEC, says CEO

Saudi Arabia’s King Abdullah Economic City (KAEC) is “very optimistic” about 2019 amid an increase in demand for residential properties in the area, according to ...



Johnson holds off Li to win Saudi International

World number three Dustin Johnson won the inaugural Saudi International by two strokes on Sunday, holding off China’s Li Haotong to claim his sixth European ...



Saudi Arabia encouraged foreign workers to leave — and is struggling after so many did

Mohammed Iqbal joined the throng of foreign workers bound for Saudi Arabia during the oil boom of the 1970s, after recruiters from Pepsi visited his ...



Hilton reveals plan to add over 10,000 Saudi hotel rooms

Hilton has revealed plans to add more than 10,000 hotel rooms in Saudi Arabia over the next 3-5 years. The hotel chain said at the Saudi ...



Entertainment Village proves a huge draw

The inaugural Saudi International powered by SBIA, the first-ever European Tour golf event to be played in Saudi Arabia, is already proving a huge draw ...



Saudi Arabia and UAE test cryptocurrency for cross-border payments

A government-developed cryptocurrency isn't unheard of -- Venezuela controversially launched "Petro" in 2018 in an effort to get around sanctions. Now, it's Saudi Arabia's and ...



Daelim joins Aramco and Total for Saudi Arabia’s first PIB plant

Saudi Arabia's first factory to produce polyisobutylene (PIB), a chemical with a wide array of industrial uses, is set to be built following an agreement ...


Local Agriculture

Saudi Arabia Is Determined to Scale up Local Food Production

The Saudi Ministry of Environment Water and Agriculture (MEWA) has recently announced that it is looking for partners from the private sector to develop (1) ...


Private Sector Outreach

Saudi direction exchange program spurs KSA’s international relations

Khawandanah noted that more than 400 men and women have participated in the program, and visited many countries in the past two years. ...


Tobacco Use

Saudi health ministry launches adult tobacco survey

The survey is the first of its kind in the Kingdom, SPA said, adding that it is a unified global survey for all countries in ...


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Regional and related topics

U.S. Foreign Policy

Senate warns against withdrawal of forces from Syria, Afghanistan

The Senate delivered a rare rebuke to President Donald Trump's foreign policy Thursday, opposing his plans to withdraw U.S. troops from Syria and shrink American forces ...


Pope Francis

Pope Francis lands in Abu Dhabi for historic first Gulf trip

Arriving in the UAE for the landmark trip, the pope sent a strong message about the importance of religious tolerance, a message which he will ...


War in Yemen

UN anchors ship off Red Sea port for ‘neutral ground’ talks

Yemen peace talks have been held onboard a UN-chartered boat anchored in the Red Sea in an attempt to find a neutral venue acceptable to ...


Taliban Talks

Taliban to take part in ‘intra-Afghan’ talks in Moscow

The Taliban said Monday they will participate in what they call "intra-Afghan" talks in Moscow designed to bring together prominent Afghan figures, including former President ...


ISIS in Africa

Islamic State, Seeking Next Chapter, Makes Inroads Through West Africa

In recent months, as Islamic State has seen its self-described caliphate in Iraq and Syria radically shrink, a Nigeria-born group calling itself the Islamic State ...



Syria and Saudi Arabia take home prizes at 2019 Sundance Film Festival

There was a smattering of success from the Middle East when the 2019 Sundance Film Festival handed out its prizes last night, including a second ...


U.S. Oil

Permian Boosts ExxonMobil, Chevron Earnings  

Exxon surpassed analysts’ forecasts by almost one-third with the biggest refining bonanza in six years and Permian Basin crude output that almost doubled. ...



US defense giants’ tax windfalls reward shareholders

Lockheed Martin, for example, earned $5 billion last year, up more than 150% from the year before; General Dynamics generated net earnings of $3.3 billion, up ...



Egypt Court Sentences 8 to Death for El-Sisi Assassination Plot

An Egyptian criminal court on Monday issued preliminary death sentences to eight individuals for allegedly planning to assassinate President Abdel-Fattah El-Sisi. The sentences were referred to ...


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