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Tag: Saudi Arabia

Posted on November 2, 2023

Why Saudi Arabia Is Set to Host the 2034 FIFA World Cup

The kingdom is all but certain to host the tournament after the Australian soccer federation declined to enter the bidding contest.
Posted on November 2, 2023

First Riyadh Fashion Week Positions Saudi Arabia as Middle East Hub for Fashion and Design

Saudi designers reflected the rapid social, cultural and economic transformation of the kingdom, in runway shows last week.
Posted on November 2, 2023

Australia’s Kerr, Saudi Arabia’s Al-Dawsari win Asian POTY awards

Chelsea and Australia forward Sam Kerr was named the women’s player of the year by the Asian Football Confederation, with Saudi Arabia’s Salem Al-Dawsari taking taking the men’s title at the regional body’s awards ceremony in Doha on Tuesday.
Posted on November 2, 2023

White House: Saudi Arabia is still interested in pursuing mega-deal

Saudi Arabia assured the Biden administration that the kingdom is still interested in pursuing an agreement that would normalize relations with Israel after the war in Gaza ends, White House National Security Council spokesperson John Kirby told reporters Tuesday.
Posted on November 1, 2023

How Saudi Arabia’s real estate boom is paving the way for the kingdom’s economic diversification

The kingdom’s real estate boom is more than just a construction frenzy; it’s a pivotal force behind the nation’s economic diversification and growth and is the result of an ambitious strategy by …

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Posted on November 1, 2023

Shell to sell majority stake in Pakistan unit to Saudi oil firm

WAFI Energy LLC, one of the leading fuel station companies in Saudi Arabia, is a fast-growing retail gas station network and the sole licensee of Shell Retail Network in Saudi Arabia. The company was incorporated in 2012 with an authorised and paid-up capital of 3 million Saudi Riyal.
Posted on November 1, 2023

Confidence in the UK property market building among GCC investors

Property investors from Saudi Arabia, Qatar, and the UAE see the UK as a ‘strong opportunity’ for property investment, according to the latest market analysis from Al Rayan Bank.

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Posted on October 31, 2023

Saudi Arabia’s oil cuts weigh heavy on economy, GDP tanks by 4.5%

In July, growth projections by the IMF for the Middle East and North Africa were also dimmed, with Saudi Arabia’s economic slowdown being one of the main reasons for the outlook revision. Business and policy professionals use PRO to monitor the regional …
Posted on October 31, 2023

Six Senses AlUla to open by 2027 in Saudi Arabia

Six Senses AlUla is expected to welcome its first guests in 2027 and will be situated in a “natural oasis sprinkled with lush palm groves and framed by dramatic red-sandstone cliffs.” The 100 guest …

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Posted on October 31, 2023

Six Senses announces another hotel in Saudi Arabia

Six Senses has announced another Saudi Arabia property, this time in AlUla. The ultra-luxury, sustainably minded and wellness-focused brand had already revealed plans for properties as part of the Red …

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