MUST-READS

• Why the Saudi-Iranian Pact Is Withstanding the Gaza War

  Saudi Arabia under Crown Prince Mohammed bin Salman is undergoing a domestic transformation and implementing ambitious megaprojects as part of Vision 2030, marking a strategic shift from regional entanglements to national development. The detente with Iran signals a Saudi effort to avoid becoming stretched too thin between internal economic challenges and external security threats.

• Saudi Cup 2024 kicks off with $37.6 million in prize money

  The fifth edition of the Saudi Cup 2024, the world's richest horse racing event, kicks off on Friday with total prize money amounting to $37.6 million. On this occasion, Prince Bandar bin Khalid bin Faisal Al Saud, Chairman of the Equestrian Authority and the Jockey Club of Saudi Arabia, expressed his gratitude to the Custodian of the Two Holy Mosques, the honorary president of the Jockey Club, and the Crown Prince for their significant and ongoing support.

• Satellite images show incredible new perspective of Saudi Arabia’s $1 trillion giga-project ‘The Line’

  The images were captured in 2022 by Soar Earth, an Australian startup that aggregates satellite imagery and crowdsourced maps into an online digital atlas, and shared with MIT Technology Review.

• Saudi Arabia: 59 hotels shut in Medina over violations

  As part of an inspection campaign to verify hospitality facilities’ compliance with rules, 59 hotels were recently shut down in the Saudi city of Medina due to violations, according to a media report. The closures will remain in effect until those facilities rectify their status and obtain licences required for operation, Saudi newspaper Okaz said.

• Saudi Arabia Hotel Market Poised for Exceptional Growth with Projected US$ 62.57 Billion Value by 2030

  The latest comprehensive analysis of Saudi Arabia's hotel industry encapsulates the meteoric rise anticipated for the sector, forecasting a market value swell to US$ 62.57 billion by 2030. The research divulges critical trends, growth trajectories, and opportunities within the Saudi Arabian hospitality market, contextualized within the broader framework of the Kingdom's Vision 2030 goals.

• Saudi Arabia’s NEOM launches latest mega retreat ‘Elanan’

  Saudi Arabia’s NEOM has unveiled its ninth new addition to the Kingdom’s $500 billion mega business and tourism project this year; the exclusive wellness retreat ‘Elanan’. Situated on the Gulf of Aqaba coastline, Elanan will be located in the midst of a “unique nature resort’ and will feature 80 bespoke rooms and suites.

• Endangered native animals released in Saudi reserve

  Fourteen Arabian oryxes and 40 Arabian sand gazelles have been released into the Gharameel nature reserve by the the National Center for Wildlife. The conservation effort at Gharameel, located 60 km north of AlUla, took place with cooperation from the Royal Commission for AlUla. The reserve features unique biodiversity throughout its rock and sand formations, and hillsides.

• Explore Diriyah: Unveiling the history and heritage of the first Saudi state

  Diriyah's unique architecture, unlike anything seen before in the peninsula, stands as a testament to its artistic prowess. Sturdy mud-brick structures, showcasing both engineering skill and aesthetic beauty, have withstood centuries, offering a glimpse into the city's advanced craftsmanship.

• How to start a Company in Saudi Arabia

  Saudi Arabia has been one of the booming investment grounds that allow business investors to step forward and form a business entity

• Celebrating Saudi Arabia’s Founding Day

  Founding Day pays homage to Imam Muhammed bin Saud, whose ascent to leadership in February 1727 marked a pivotal moment in Arabian history. Inheriting leadership from Diriyah, he transformed the city-state into an emirate, expanding its territories across central Arabia.

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