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RIYADH: The Red Sea Development Co. has signed a SR1 billion ($266 million) agreement with Dublin-based daa International for it to become operator of Red Sea International Airport, according to a statement. Currently under construction in Hanak, Tabuk, in northwestern Saudi Arabia, the project is set to be the region’s first carbon-neutral airport. The SR1 billion deal covers ....
RIYADH: British public services firm Serco has opened its new headquarters in Riyadh as the company aims to develop its Saudi-based resources and leverage the location as a driver for local and regional trade. According to a press release, the new office opened on Sept. 24, a day after Saudi Arabia’s National Day. The press release noted that Serco has already formed a ....
Sustainability is at the heart of the Saudi Vision 2030. So naturally, that has fed through to the projects making that vision a reality. At The Red Sea Development Co., every decision we make has environmental and social sustainability at its core. That is why, early in development, we committed that our destinations would run 100 percent on renewable energy sources. The ....
RIYADH: As Saudi Arabia’s tourism sector continues to grow, with the Kingdom expecting to attract 100 million annual visitors and creating one million jobs by 2030, building a resilient hospitality industry has become a core focus. The hospitality sector has risen up to the challenge by ensuring that there is enough qualified manpower to handle the ever-increasing demand by ....
JEDDAH: The American Chamber of Commerce in Saudi Arabia, or AmCham Saudi Arabia, launched a new committee on Monday to help companies meet their environmental and social responsibility goals. The ESG, or Environmental, Social and Corporate Governance, committee was launched at the Jeddah Hilton Hotel. Several leading diplomats, academics and business officials took part in a ....