Company Insights Riyadh Air Aviation Riyadh Air News Trade Saudi Arabia to establish economic zone with China King Salman International Airport Development Company (KSIADC) has signed an agreement with EWPartners, an investment company backed by Saudi Arabia’s Public Investment Fund, to establish a special economic zone to increase trade with China. The KSA-Sino Logistics Zone will be located at the King Salman International Airport in Riyadh, which is expected to be one of […] October 14, 2024 Logistics $266bn logistics hub spend starts in Saudi Arabia The first phase of a planned $266 billion budget to turn Saudi Arabia into a global logistics hub has already “drastically” reduced carbon emissions, a government minister has revealed. “The national transport and logistics strategy launched in mid-2021 is set to invest more than a trillion riyals [$266 billion] by 2030, of which 200 billion […] October 14, 2024 Business of Sport Riyadh Air signs stadium naming deal with Atlético Madrid The new Saudi Arabian carrier Riyadh Air has agreed a deal with the Spanish football club Atlético Madrid to rename the team’s stadium after the Gulf state airline. Atlético Madrid’s stadium, the Estadio Metropolitano, opened in 2017, will now be called the Riyadh Air Metropolitano. The stadium sponsorship deal is scheduled to run until 2033, […] October 9, 2024 Renewable Energy Green aviation fuel industry in UAE battles red tape The UAE is ready to produce “green” aviation fuel, but uncertainty around the regulations has delayed the take-off of the industry, a senior government representative said. Maryam Ali Al Balooshi, environment manager at the General Civil Aviation Authority, told a conference in Abu Dhabi that the UAE is working on unifying the certification of sustainable […] September 27, 2024 Opinion Business of Sport Qatar scores Champions League deal in battle for Gulf skies Qatar Airways has added a new trophy to its prestigious sponsorship collection September 23, 2024 Aviation Virgin Atlantic confirms partnership with Riyadh Air Virgin Atlantic has signed a partnership with Riyadh Air, which will start when the new Saudi national carrier launches next year. Riyadh Air has been expected to announce cooperation agreements with other operators. A statement said the partnership would open new destinations in Saudi Arabia and beyond, and would include Virgin’s London-Riyadh route, but gave […] September 5, 2024 Analysis Employment Recruitment portals try to ease logjam in Saudi labour market Saudi Arabia presents a golden opportunity for recruitment platforms that seek to match multitudes of job seekers with a plethora of employers looking to hire, labour market specialists say. There are around 168 Public Investment Fund companies working on the $1.25 trillion Vision 2030 economic diversification programme, as well as foreign companies setting up offices […] August 26, 2024 Logistics PIF plans new cargo airline to take on UAE and Qatar Saudi Arabia’s Public Investment Fund (PIF) is planning to launch a new cargo airline to compete with the logistics dominance of the UAE and Qatar, a news report said. The sovereign wealth fund is in early discussions with Boeing and Airbus about purchasing or leasing freighters, Bloomberg reported, citing informed sources. The proposed new cargo […] August 20, 2024 Aviation Riyadh Air awards $400m ground handling contract Riyadh Air, Saudi Arabia’s new national carrier, has awarded a SAR1.5 billion ($400 million) ground handling services contract in the kingdom as it gears up to launch operations next year. The 4.5-year contract, with an option for a two-year extension, was awarded to Saudi Ground Services Company, which trades on the Saudi stock exchange. Under […] August 13, 2024 Tourism GCC tourists spent $4bn in Saudi Arabia last year Nine million visitors from the Gulf Cooperation Council (GCC) countries spent more than SAR15 billion ($4 billion) in Saudi Arabia last year, as the kingdom expands its portfolio of tourism attractions. Bahrain was the top GCC source market, with 3.4 million tourists, the state-run Saudi Press Agency reported, citing the tourism ministry’s annual statistics report. […] August 5, 2024 Posts navigation Previous 1 … 3 4 5 … 11 Next
Trade Saudi Arabia to establish economic zone with China King Salman International Airport Development Company (KSIADC) has signed an agreement with EWPartners, an investment company backed by Saudi Arabia’s Public Investment Fund, to establish a special economic zone to increase trade with China. The KSA-Sino Logistics Zone will be located at the King Salman International Airport in Riyadh, which is expected to be one of […] October 14, 2024
Logistics $266bn logistics hub spend starts in Saudi Arabia The first phase of a planned $266 billion budget to turn Saudi Arabia into a global logistics hub has already “drastically” reduced carbon emissions, a government minister has revealed. “The national transport and logistics strategy launched in mid-2021 is set to invest more than a trillion riyals [$266 billion] by 2030, of which 200 billion […] October 14, 2024
Business of Sport Riyadh Air signs stadium naming deal with Atlético Madrid The new Saudi Arabian carrier Riyadh Air has agreed a deal with the Spanish football club Atlético Madrid to rename the team’s stadium after the Gulf state airline. Atlético Madrid’s stadium, the Estadio Metropolitano, opened in 2017, will now be called the Riyadh Air Metropolitano. The stadium sponsorship deal is scheduled to run until 2033, […] October 9, 2024
Renewable Energy Green aviation fuel industry in UAE battles red tape The UAE is ready to produce “green” aviation fuel, but uncertainty around the regulations has delayed the take-off of the industry, a senior government representative said. Maryam Ali Al Balooshi, environment manager at the General Civil Aviation Authority, told a conference in Abu Dhabi that the UAE is working on unifying the certification of sustainable […] September 27, 2024
Opinion Business of Sport Qatar scores Champions League deal in battle for Gulf skies Qatar Airways has added a new trophy to its prestigious sponsorship collection September 23, 2024
Aviation Virgin Atlantic confirms partnership with Riyadh Air Virgin Atlantic has signed a partnership with Riyadh Air, which will start when the new Saudi national carrier launches next year. Riyadh Air has been expected to announce cooperation agreements with other operators. A statement said the partnership would open new destinations in Saudi Arabia and beyond, and would include Virgin’s London-Riyadh route, but gave […] September 5, 2024
Analysis Employment Recruitment portals try to ease logjam in Saudi labour market Saudi Arabia presents a golden opportunity for recruitment platforms that seek to match multitudes of job seekers with a plethora of employers looking to hire, labour market specialists say. There are around 168 Public Investment Fund companies working on the $1.25 trillion Vision 2030 economic diversification programme, as well as foreign companies setting up offices […] August 26, 2024
Logistics PIF plans new cargo airline to take on UAE and Qatar Saudi Arabia’s Public Investment Fund (PIF) is planning to launch a new cargo airline to compete with the logistics dominance of the UAE and Qatar, a news report said. The sovereign wealth fund is in early discussions with Boeing and Airbus about purchasing or leasing freighters, Bloomberg reported, citing informed sources. The proposed new cargo […] August 20, 2024
Aviation Riyadh Air awards $400m ground handling contract Riyadh Air, Saudi Arabia’s new national carrier, has awarded a SAR1.5 billion ($400 million) ground handling services contract in the kingdom as it gears up to launch operations next year. The 4.5-year contract, with an option for a two-year extension, was awarded to Saudi Ground Services Company, which trades on the Saudi stock exchange. Under […] August 13, 2024
Tourism GCC tourists spent $4bn in Saudi Arabia last year Nine million visitors from the Gulf Cooperation Council (GCC) countries spent more than SAR15 billion ($4 billion) in Saudi Arabia last year, as the kingdom expands its portfolio of tourism attractions. Bahrain was the top GCC source market, with 3.4 million tourists, the state-run Saudi Press Agency reported, citing the tourism ministry’s annual statistics report. […] August 5, 2024
