Sunday 25 February 2018
 
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Saudi boosts global corruption perception index rankings

Saudi Arabia has made a remarkable progress in its fight against graft by ranking 57 in the latest 2017 Corruption Perception Index (CPI), moving up by five places from the previous year's ranking of 62, said a report by Transparency Interna

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Saudi boosts global corruption perception index rankings

Saudi Arabia has made a remarkable progress in its fight against graft by ranking 57 in the latest 2017 Corruption Perception Index (CPI), moving up by five places from the previous year's ranking of 62, said a report by Transparency Interna

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Saudi to invest $64bn in entertainment sector

Saudi Arabia plans to invest $64 billion in developing its entertainment industry over the next decade as part of its social and economic reforms programme, reports said quoting senior officials.   The kingdom

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Saudi firm eyes stake in Accor property unit

Saudi Arabia's Public Investment Fund (PIF) is in talks with international hotel operator Accor to acquire a 15 per cent stake of its property business, said a report. The potential transaction could value to SR28.66 billion (

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Arabian Cement's 2017 gross profit down 37pc

Saudi-based Arabian Cement Company, one of the largest cement producers in the GCC, said its gross profit fell to SR349.5 million ($93 million) in 2017 from SR551.6 million ($147 million) the previous year. The plunge in these fig

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Arabian Cement's 2017 gross profit down 37pc

Saudi-based Arabian Cement Company, one of the largest cement producers in the GCC, said its gross profit fell to SR349.5 million ($93 million) in 2017 from SR551.6 million ($147 million) the previous year. The plunge in these fig

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Over 64,000 hotel rooms to open in Saudi Arabia

Saudi Arabia has more than 64,000 rooms across the three phases of the hotel development pipeline, representing 76 per cent of the more than 84,500 existing hotel rooms in the country, according to data from STR. As shown in STR&r

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Over 64,000 hotel rooms to open in Saudi Arabia

Saudi Arabia has more than 64,000 rooms across the three phases of the hotel development pipeline, representing 76 per cent of the more than 84,500 existing hotel rooms in the country, according to data from STR. As shown in STR&r

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Saudi hospitality sector to grow 13.5pc

According to a new report, recent reforms in Saudi Arabia – not to mention widespread investment in the kingdom’s burgeoning tourism industry – will drive a hospitality growth of 13.5 per cent compound annual growth rate (CAGR)

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Emirates launches new ad campaign for Saudi Arabia

Emirates has launched its first bespoke campaign with a series of short videos specifically targeted to Saudi Arabia, cleverly interlacing comedy to address the pain points of travel and showcase the airline's Economy class experience.

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