Category Archives: Economic News

VFS Global is pleased to announce the launch of the Visa Application Centre for the Embassy of the Czech Republic in Riyadh. Applicants for visas to the Czech Republic from the Kingdom of Saudi Arabia can now visit the centrally-located … Continue reading →

Burj Rafal Hotel Kempinski is proud to extend a selection of services to its guests, including special Levant barbecue evenings on Thursdays, Fridays and Saturdays at the Skylight Pool Lounge & Restaurant located on Floor 6 of the 23-floor hotel. … Continue reading →

Saudia Aerospace Engineering Industries (SAEI) announced the launchof the largest state-of-the-art facilities in the Middle East for civil and military technical aviation serviceslocated at the northeast of King Abdul-Aziz Airport in Jeddah.  The launching of the New MRO facility was … Continue reading →

Makarem, the Holy Cities of Makkah and Madinah’ leading hotel brand has announced its participation in the World Travel Market, the leading global event for the travel industry, that is held in the period between the 2nd and the 5th … Continue reading →

Dur Hospitality Company announced its preliminary financial results for the third quarter of 2015. Dur’s net profit reached 40.7 million riyals, recording 11% growth compared to the same quarter last year. It is worth mentioning that Dur hospitality completed the … Continue reading →

Raj Real Estate company (subsidiary of AL Rajhi United) and Baseel properties company, announced the signing of a joint venture to launch “Riyadh Walk”, a large-scale real estate commercial project that is designed to become the new destination for shopping, … Continue reading →

The brand new Mövenpick Hotel Riyadh is officially open, marking the debut of the Mövenpick Hotels & Resorts brand in Saudi Arabia’s dynamic capital city. The hotly anticipated five-star property, the result of a SAR 800 million (US$213.2 million) investment, … Continue reading →

CITY ‘Poshtels’ – hostels with stylish design, private-room options and other luxury touches – are arriving in droves across British cities. In north London, for instance, the industrial-chic Generator hosts art installations and has its own cinema amid the reclaimed timbers and hot-rolled black … Continue reading →

Burj Rafal Hotel Kempinski announces with great pleasure that it has been awarded as “The Best Luxury Hotel in Saudi Arabia” amongst all five-star hotels in the country. The awards are designed to showcase those companies whose products and services … Continue reading →

Mondelēz Arabia, the Saudi Distribution company for global snacking powerhouse Mondelēz International, was awarded a grant worth 900,000 SAR (250,000 USD) from the Saudi Human Resource Development Fund (HRDF) for its continued commitment to training and development of Saudis nationals. … Continue reading →