U.S.-based Marriott International announced it has signed an agreement with Rua Al Madinah Holding Company to open as many as eight hotels in the Holy City of Madinah in Saudi Arabia.
Riyadh-based Jadwa Investment says it sees Saudi Arabia’s non-oil economy continuing its growth streak through 2023, "growing well in excess of 5 percent," according to a report issued by Jadwa.
Saudi Arabia's Al Hilal secured a 3-2 win over South American champions Flamengo on Tuesday that sent them to the Club World Cup final - the first time a Saudi team has reached the championship match in this tournament.