Saudi Arabia is undergoing a period of sweeping social transformation and economic diversification underpinned by Vision 2030. This is creating a fertile environment for private businesses to expand into emerging market segments to meet rapidly rising demand from the Kingdom’s relatively young and aspirational consumer class, particularly in areas such as entertainment, hospitality, sport…
Saudi Arabia is not just building stadiums, it is creating a legacy that extends beyond sports, contributing to economic diversification, societal well-being, and global influence. The Kingdom is empowering individuals on their journey to optimal health and wellness. Despite major challenges faced, there are opportunities and innovative technology is being leveraged to meet the highest standards…
Future Hospitality Summit returns to Saudi Arabia in Riyadh, from April 29 to May 1, 2024, after a record-breaking edition in 2023 with over 1,100 delegates from 35+ countries. This year, visionary hospitality leaders, hotel owners, operators, and investors will convene to transform the industry under the theme, “Invest in Tomorrow: Today, Together” with conference tracks focused on hospitality…
In this Global Platform video, Oxford Business Group speaks with Mohannad Basodan, CEO, National Center for Privatization & PPP (NCP); and Salman Badr, Executive Vice President for Infrastructure Advisory, NCP, about how the Covid-19 pandemic in particular affected airport and air travel, and how the use of public-private partnerships to develop airport infrastructure has helped to revitalise Madinah
On the trends shaping the Kingdom’s real estate market Which factors are driving the growth of the real estate sector in Saudi Arabia, especially in relation to the economic diversification efforts outlined in Vision 2030? DAVID GROVER: The market in Saudi Arabia has experienced a significant transformation in recent years. Giga-projects have been instrumental in driving investment across…
The Arab International Aluminium Conference (ARABAL) is the Middle East’s premier trade event for the aluminium industry, combining a strategic conference with an international exhibition. As the only conference attended by every primary smelter in the region, ARABAL is a must-attend event for industry professionals. Now in its 25th edition, ARABAL will be hosted by Ma’aden in Riyadh, Saudi…
The government of Saudi Arabia has announced several infrastructure projects and it is anticipated that this would enhance the demand for landscaping services in Saudi Arabia. These projects include Jeddah Airports Company's (JEDCO) plans to transform King Abdulaziz International Airport (KAIA) into one of the world’s largest airports with a SR115bn ($31bn) expansion plan, and expected to be completed…
On developments in Saudi Arabia’s catering industry How do you assess the potential of the catering sector as an investment opportunity, both in the aviation and non-aviation segments? WAJDY AL GHABBAN: Saudi Arabia's catering sector exhibits multiple characteristics that make it an attractive long-term investment proposition in both the aviation and non-aviation segments. The Saudi economy…
