King Salman International Airport, a Public Investment Fund (PIF) company, has signed seven memoranda of understanding (MoUs) and cooperation agreements with a group of leading national real estate companies to develop a portfolio of mixed-use real-estate projects within its boundaries in Riyadh.
Bahri Logistics, a business unit of Saudi National Shipping Company Bahri, has signed agreements with key local entities - AlKhorayef Commercial and Shamal Company - in a major move to boost the localisation of supply chains in the defence and security sectors.
Qiddiya Investment Company has announced the official unveiling of PlayMaker Studios at Qiddiya City, marking a strategic addition to Saudi Arabia’s film production infrastructure. It builds on the kingdom's growing success in the creative industries.
Cebu Pacific, the Philippines’ leading carrier, is enhancing air connectivity between Saudi Arabia and the Philippines with the launch of its direct flights between Riyadh and Manila.
HORECA Riyadh, Salon du Chocolat et de la Pâtisserie Riyadh, Saudi Elite Chefs and Host Arabia will unite from December 15–17, 2025 to create the kingdom’s largest hospitality and foodservice week, hosting 50,000 professionals and 500 exhibitors.
Lucid Group, the makers of the world’s most advanced electric vehicles, has announced the opening of its new Lucid Studio at Al Khobar in a landmark expansion, thus completing a three-city network across Riyadh, Jeddah and the Eastern Province.
Rising demand for prime, ESG-compliant office space among regional and global businesses is driving rents and occupancy levels to near-record highs across key markets in the GCC, with Saudi Arabia leading rental growth at 15.1% in Q3 2025, said an expert.
Saudi-based Asas Makeen Real Estate Development and Investment Company has announced that it has signed up Tashyeed Hayat Contracting Company for carrying out construction work on several of its prime projects across capital Riyadh.
Saudi-based Alramz Real Estate has announced that it has signed an agreement to establish a SAR2.5 billion ($666 million) shariah-compliant real estate investment fund to develop its residential project - Rabwa Alramz - in Riyadh, with SNB Capital acting as the fund manager.
Six Flags Qiddiya City, a major new entertainment destination in Saudi Arabia, was officially opened on Monday evening under the patronage of Governor of Riyadh Region Prince Faisal bin Bandar bin Abdulaziz.
