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Hilton HotelsHilton Hotel chain inks three hotel deals across KSA and the UAE
Hilton Worldwide features more than 59 hotels under development in the Middle East (including Egypt) across its Waldorf Astoria Hotels & Resorts, Conrad Hotels & Resorts, Hilton Hotels & Resorts, DoubleTree by Hilton, Curio – A Collection by Hilton and Hilton Garden Inn brands.
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LibyaLibyan government forces attack Tripoli airport
War planes from Libya's internationally recognized government attacked the last functioning airport in Tripoli, the capital controlled by a rival administration, on Monday, officials said, the latest in a string of tit-for-tat strikes.
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Kingdom Holding CompanyThe CEO of Snapchat met with Saudi Arabia’s Prince Alwaleed amid funding rumors
The meeting, well-documented by the Saudi Prince’s media team, apparently covered a number of topics, including “political, business, and economic issues,” and “Prince Alwaleed’s investments in the U.S. in light of being the largest individual foreign investor there.” Most importantly, according to the Kingdom Holding Company’s press release, “future potential business cooperation between KHC and Snap Chat” was “on the agenda.”
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TourismSaudis vacationing abroad spend over $750 million during recent holiday
The Tourist Information and Research Center (MAS) revealed that 766,300 Saudi tourists left the Kingdom during the midterm holiday and spent around SR2.8 billion, with an average of SR3,611 per tourist. The number of visitors coming to the Kingdom during the same period reached 740,200, with an overall disbursement of SR2.3 billion, an average of SR 3,133 per tourist.
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IranSaudi Arabia prepares for Iran nuclear deal
Saudi Arabia is quietly preparing for an international nuclear agreement with Iran that it fears will rehabilitate its Shiite Persian rival. King Salman bin Abdul-Aziz Al Saud's approach eschews the public spectacle of Israeli Prime Minister Benjamin Netanyahu's speech to Congress (indeed, the Saudis don't want any association with Israel) and instead focuses on regional alliances to contain an emergent Iran.
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Raif BadawiSaudi Arabia ‘surprised and dismayed’ at criticism of flogging of liberal blogger
Saudi Arabia has rejected strong criticism from a German ambassador over the treatment of a liberal blogger sentenced to 1,000 lashes and ten years in prison for insulting Islam in his blog.
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AramcoSaudi Aramco Says Operating 212 Drilling Rigs, No Decision On Increase
Aramco deployed 210 oil and gas rigs in 2014, an exceptionally busy year, company sources had said.
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MineralsDiscovering Business | Exploiting the Kingdom’s Mineral Wealth
Saudi Arabia is not only a land of desert sands, as many believe, but one with a wide range of rocks which contain a vast mineral wealth greater than any other Gulf state and includes gold, copper, phosphate, and a wide array of industrial minerals. Such is the scale of this wealth that the Government, as part of its economic diversification strategy, plans to turn its fledgling mining industry into the “third pillar” of the economy after oil and petrochemicals.
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MERSSaudi public heedless of coronavirus risks: Survey
The World Health Organization has cited the preliminary results of studies indicating that people working with camels are at increased risk of infection from MERS and young camels are particularly susceptible. A surge in MERS cases typically occurs around this time of year, when there are more juvenile camels circulating, Bin Saeed said.
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Saudi - Egypt27 Saudi chambers of commerce, 170 investors to attend Economic Summit: FEDCOC
Saudi Arabia, currently investing more than $5.7bn in Egypt, is the largest investing Arab country in Egypt, with 27% of total Arab investments. The kingdom is followed by the United Arab Emirates (UAE) with more than $4.5bn in investments, then Kuwait with more than $2.7bn in investments, said Director-General of FEDCOC Alaa Ezz.
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