Saudi low-cost carrier flynas will launch direct flights between Madinah and Brussels from October 5, 2026, expanding its international network and offering passengers more travel options between Saudi Arabia and Belgium.
Masdar, a leading building and construction materials company in Saudi Arabia, has announced the opening of its fully integrated construction and building materials facility in Madinah.
Road development activities in Saudi Arabia gathered pace during the first half of 2026 with the rollout of new projects and advanced technologies across the kingdom's transport network. A total of 40 new road projects covering Makkah, Madinah and Qassim region were inaugurated this year.
Saudi Arabia is looking for private investors to fund a $135 million ferris wheel in Madinah, as the kingdom pushes to expand attractions for pilgrims and domestic travellers beyond its holy sites, said a report. The project, Hijaz Eye, would be built on a 33,700 sq m plot, roughly the size of five football pitches.
Saudi Arabia's Red Sea International Company said it has completed regulatory approvals and taken possession of a 63,088-sq-m prime plot of land in Madinah, thus marking the start of its contractual obligations under a 50-year lease agreement with the municipality.
Knowledge Economic City (KEC), together with its subsidiary Algharraa International Real Estate, has signed an agreement with BSF Capital to establish a private real estate fund for the development of Knowledge Gardens project, being set up within its premises in Madinah at an investment of SAR7.5 billion ($1.96 billion).
Saudi Arabia's Knowledge Economic City has announced the sale of 17,624.85 sq m plots of land within its premises in Madinah to two key entities - Al Bawaba International Investment and Olu Real Estate Company. The duo will be using these plots for the development of a mixed-use project.
Madinah recorded Saudi Arabia’s highest occupancy rate for tourist accommodation facilities in the first quarter of 2026, with hotels, serviced apartments and other lodging establishments achieving an 82% occupancy rate, according to the Ministry of Tourism.
Radisson continues to expand in Saudi Arabia, with 50 hotels open and under development across the kingdom, as it targets 100 properties in operation by 2030. The group aims to open 1,000 more rooms in the country during the second half, said a top official.
Knowledge Economic City (KEC) is participating as a Strategic Partner at Future Hospitality Summit Saudi Arabia 2026, showcasing its SAR24 billion ($6.3 billion) Madinah masterplan and engaging global investors to advance hospitality and mixed-use development opportunities.
