In only 20 years, due exclusively to its vast natural gas reserves and ability to commercialize them via liquefaction, Qatar has grown its gross domestic product tenfold, amassed a sovereign wealth …
London-based Yotel announces first hotel in NEOM’s Oxagon in Saudi Arabia
Featuring 300 rooms, the hotel will showcase Yotel’s signature robotic concierge, motorised SmartBeds and fully integrated technologies …
YOTEL announces its first hotel signing in Saudi Arabia
The latest YOTEL property will be a key hospitality development in one of the world’s most ambitious projects.
Saudi Arabia’s investment fund tried to buy Formula One, valued it at $20 billion dollars: Report
However, Liberty Media, the owners of F1 rejected the bid; Saudi Arabia remains interested acquiring Formula One despite the failed attempt …
Israelis could soon be able to visit Saudi islands of Tiran and Sanafir – report
Normalization between Saudi Arabia and Israel would only be a matter of time – Click the link for more details …
Elon Musk Testifies He Had Funding to Take Tesla Private, Citing SpaceX, Saudi Arabia
Investors said they lost money because of what Mr. Musk tweeted in 2018 about potentially taking the electric-car maker private.
F1 ‘rejected £16bn Saudi Arabia takeover offer’
Liberty Media bought F1 for £3.3bn in 2017 and there had been talks with Saudi Arabia about a buyout but they have since ceased …
Report: F1 owner rejects multi-billion dollar takeover offer from Saudi PIF
F1 owner Liberty Media has reportedly rejected an approach from Saudi Arabia’s PIF to buy the series, according to Bloomberg.
Saudi Arabia signs agreements worth $2.7bln to boost real estate sector growth
Four new real estate fund will be set up to develop commercial, tourism and residential projects Saudi Arabia has signed agreements and MoUs of more than 10 billion Saudi riyals ($2.66 billion) to set …
YOTEL announces first hotel in the Kingdom of Saudi Arabia will be in NEOM’s Oxagon
The first hotel property in Oxagon will be within the city’s Research and Innovation district, slated to open its doors in 2025 …