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NEOM secures $ 5.6bn residential investments

NEOM, a mega project being built from the ground up as a living laboratory in in northwest Saudi Arabia on the Red Sea, has finalised contracts with investors for the first phase of its residential communities’ expansion.
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NEOM secures $5.6bn to develop 1st phase of residential communities for workforce

RIYADH: Developmental work is fast gaining pace at Saudi Arabia’s futuristic city NEOM as the giga-project finalized contracts worth SR21 billion ($5.6 billion) to build the first phase of residential communities for the workforce. In one of the world’s largest public-private partnership deals for social infrastructure, NEOM signed up some of the leading Saudi developers to ....

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Holiday Inn Express to open first Saudi property in Riyadh

Holiday Inn Express Riyadh will be a new-build property that is set to open in 2026. ....

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IHG Hotels & Resorts announces the launch of Holiday Inn Express brand in Saudi Arabia

IHG® Hotels & Resorts, one of the world’s leading hotel companies with more than 6,000 hotels, across 18 distinct brands, has signed a management agreement with Riyadh-based Al Woroud Real Estate to bring one of the world’s largest and most loved hotel brands, Holiday Inn Express, to the Kingdom. The latest signing will strengthen the company’s mainstream offering in Riyadh and provide an elevated, smart offering to cater to new international and Saudi guest segments, as part of Saudi Vision 2030 strategy for tourism. ....

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