ASCOTT RAFAL Olaya St, PO Box 2396 Riyadh 13321 T: (+966) 11 408 8700 www.the-ascott.com enquiry.riyadh@the-ascott.com Rooms: 234 rooms, ranging from studio executive and one-bedroom deluxe, to one-bedroom premier and two-bedroom executive. Business & Conference Facilities: Business centre and five meeting rooms. Health & Leisure Facilities: Swimming pools, gym, sauna, steam room and…
In light of the major steps taken to achieve Vision 2030, which is focused on the three pillars of a vibrant society, a thriving economy and an ambitious nation, in early 2021 Crown Prince Mohammed bin Salman bin Abdulaziz Al Saud announced several profound legal reforms: the Personal Status Law, the Civil Transactions Law, the Penal Code of Discretionary Sanctions and the Law of Evidence. Each of…
Sweeping regulatory reforms in recent years have led to the emergence of a flourishing entertainment scene in Saudi Arabia. The entertainment sector is considered a high priority in the government’s economic diversification drive and related efforts to cultivate a broad local talent pool and enhance the quality of life in the Kingdom. A dedicated entertainment regulatory body, the General Entertainment…
As the birthplace of Islam and with a history stretching back thousands of years, Saudi Arabia’s tourism appeal has been deeply intertwined with its religious significance. However, apart from the Hajj and Umrah pilgrimages and typical business travel, the Kingdom’s rich cultural tapestry and natural wonders remained largely closed to international visitors for decades. This changed in September…
Health care is central to Saudi Arabia’s long-term development plans, with the sector guided by its own dedicated Vision Realisation Programme (VRP) under Vision 2030, the Kingdom’s blueprint for socio-economic transformation. Advanced health care infrastructure is in place, and the government is actively seeking to further modernise the sector and enhance efficiencies through digitalisation and…
Saudi Arabia has consistently prioritised the education sector, with significant government spending and wide-ranging reforms that seek to improve learning outcomes and revise curricula to meet the needs of the current and future economy, in line with the goals of the Vision 2030 socio-economic development blueprint. The focus is on preparing the workforce for the technology-driven global economy by…
Saudi Arabia’s economic rebound following the Covid-19 pandemic and the progress made on Vision 2030 projects have created a favourable set of conditions for real estate and construction activity. In September 2023 the Riyadh International Convention and Exhibition Centre is set to host the Saudi Infrastructure Expo, an event at which an estimated $1trn worth of smart city, tourism and clean energy…
Saudi Arabia, the largest country in the GCC and the second-largest in the MENA region, boasts extensive and increasingly sophisticated transport and logistics infrastructure and services. Significant public funding has been crucial to the improvement seen in the sector’s overall performance, and it is expected to play a pivotal role in the Kingdom’s pursuit of its various economic and strategic…
The innovation ecosystem was restructured in 2022 to enable the Kingdom to harness the capabilities and experience of its top scientists, researchers and inventors, increase marketable intellectual property, and stimulate inflows of private investment and venture capital to innovation-related entities. Funding is being channelled into research, development and innovation (RDI), financing a diverse…
Saudi Arabia’s ICT sector has already achieved notable success. As of 2022 it is the largest and fastest-growing market in the MENA region, with a value of SR154bn ($41.1bn). The scale of the Kingdom’s ambition is drawing global attention, with multinational ICT providers congregating once a year in Riyadh for the LEAP tech conference, as well as the Global Cybersecurity Forum. IT is set to play…
