flynas, a low-cost airline in the Middle East, announced its plan to launch of a new air route to Rabat soon. flynas hosted a gala dinner in the Moroccan capital, Rabat, to mark three years of operating direct flights between Saudi Arabia and Morocco. Over the past three years, flynas has transported more than 300,000 passengers between the two kingdoms.
More than 200 Russian companies are expected to take part in the upcoming international industrial trade fair “Innoprom Saudi Arabia”, set to take place at Riyadh’s The Arena Venue from February 8 to 10.
Saudi Arabia and Türkiye signed a renewable energy agreement to strengthen cooperation. It covers solar power projects in Türkiye totaling up to 5,000 MW in two phases, supporting energy diversification, security, and low-carbon transition, with $2 billion in investments supplying electricity to two million households.
Saudi Arabia’s non-oil economy is entering a new phase. After a decade of rapid expansion driven by reform and public investment, future growth is expected to be shaped less by scale and more by competitiveness, productivity and export capability.
K Hovnanian ME Investments (KHME), a subsidiary of Hovnanian Enterprises, and the majority shareholder of Al Tahaluf Real Estate Company, CJSC, has signed an MoU with Saudi Arabia’s Tourism Development Fund (TDF) and Emaar, The Economic City (EEC) to enable high-quality tourism investment and lifestyle-focused residential opportunities in King Abdullah Economic City (KAEC).
Boeing will return as Platinum Sponsor to the World Defense Show 2026 (WDS 2026), taking place February 8-12 in Riyadh, to showcase the company’s industry-leading platforms and advanced capabilities in support of Saudi Arabia’s defence and security requirements.
The Middle East and North Africa's capital markets recorded 10 initial public offerings in Q4 2025, raising total proceeds of $1.7 billion, said a report. This surge was led by regional heavyweight Saudi Arabia that remained the most active market with six IPOs netting $561.6 million for the three-month period.
The Saudi Air Connectivity Programme (ACP) and Singapore Airlines have signed an agreement to launch the first direct air route between Singapore and Riyadh. Beginning June 2026, four weekly flights will operate, boosting tourism, trade, and connectivity between Saudi Arabia and Singapore.
Saudi Arabia's Tourism Development Fund (TDF) has announced that Rixos Murjana is set to open in King Abdullah Economic City on Saudi Arabia’s Red Sea coast, positioning itself as the country’s largest ultra all-inclusive resort featuring 488 rooms and suites as well as 33 villas.
Rixos Murjana, enabled by Saudi Arabia’s Tourism Development Fund (TDF), is set to open in King Abdullah Economic City as the largest ultra all-inclusive resort in Saudi Arabia and a landmark destination along the Red Sea coast.
