The Global AI Show Riyadh held last month (June 29-30) cemented its status as the definitive anchor for the Kingdom’s newly designated "Year of Artificial Intelligence", said organisers.
Star, a human capability development company headquartered in Riyadh, and global hospitality group Hilton have announced a strategic partnership dedicated to human capital development within Saudi Arabia's hospitality industry.
Dammam is dominating Saudi Arabia’s residential property sector growth, with quarterly sales values rising 71% to reach SAR3.6 billion ($947 million) in Q1, said a report. Around 2,900 homes were sold in the Saudi city from January to March this year, up 41% over the previous quarter.
SAL Logistics Services, a Saudi leader in cargo handling, logistics solutions, and supply chain management, signed a memorandum of understanding with King Salman Energy City Dry Port (SPARK Logistics) for cooperation in the logistics sector.
flynas will launch twice-weekly direct flights between Riyadh and Aleppo from August 1, expanding its regional network, improving Saudi Arabia-Syria air connectivity, and supporting tourism.
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.
Abha International Airport, operated by Cluster2 Airports, ranked first globally in its category for on-time performance in June 2026, achieving a 93.84 per cent departure punctuality rate, according to aviation analytics firm Cirium.
Fitch Ratings has affirmed Saudi Arabia's long-term foreign-currency issuer default rating at "A+" with a stable outlook, citing the kingdom's strong external balance sheets and significant fiscal buffers in the form of deposits and other public sector assets as well as resilience to recent geopolitical tensions.
Riyadh Air, Saudi Arabia's new national carrier and a subsidiary of the Public Investment Fund, has announced the addition of two new destinations to its growing network, launching ticket sales for flights linking Riyadh with Málaga (Spain) and Kuala Lumpur (Malaysia).
Saudi Arabia is emerging as a fast-growing destination for Chinese tourists, according to Dragon Trail International’s research with WTM Spotlight Riyadh, driven by Approved Destination Status (ADS) status, Vision 2030 goals, stronger connectivity, and rising demand for cultural and luxury travel.
