Cityscape Global 2025 continued in Riyadh with a series of real estate deals and policy discussions around how foreign direct investment is helping the real estate industry in Saudi Arabia.
NMDC Energy has signed a strategic MoU with Baker Hughes in Saudi Arabia to explore opportunities for localising key products and solutions. This collaboration aims to enhance service delivery in energy markets across the Middle East, North Africa, Türkiye, and India.
Corporate lending is at the core of Saudi banking sector's growth, accounting for 55% of banks' loan books. Despite this, exposure to corporate credit risk will remain contained thanks to a moderate improvement in corporate leverage, according to S&P Global Ratings.
Saudi Arabia-based Adeera has signed a new agreement to use transformative travel technology, Amadeus Digital Media.
As Saudi Arabia continues its rapid growth in the wellness sector, Circle enters the market as a strategic collaboration between UK and Saudi founders, designed to meet the rising demand for holistic, performance-driven health experiences.
In 2026, travellers prioritise purpose-driven trips, focusing on emotional motivations over destinations, according to Hilton's report. Gulf residents, particularly from the UAE and Saudi Arabia, value cultural immersion, with many learning local languages and seeking authentic experiences, emphasising genuine connections over traditional sightseeing.
Riyadh Air has partnered with Saudi wellbeing brand Kayanee to enhance in-flight comfort for its Business Elite, Business, and Premium Economy passengers. The collaboration will provide specially designed amenity kits and loungewear to refresh and rejuvenate guests throughout their journey.
BlackRock has joined forces with Saudi wealth fund PIF to launch new mutual funds across asset classes focused on Saudi systematic active equities and Mena fixed income at the ongoing Future Investment Initiative (FII9) event in Riyadh.
The Saudi Modon has signed five new industrial contracts in the critical medical and pharma industries in bid to localise vital supply chains. For these projects, 46,500 sq m of industrial land has been allocated in Jeddah, Sudair City and Dammam.
Amid a rapidly shifting global landscape defined by geopolitical uncertainty, climate change and tech disruption, Generative AI and innovation-led 'Engine 2' business models are emerging as major drivers of resilience across the region, says a new study.
