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Riyadh Air CEO Slams Lack of Direct Flights from Riyadh to Major Global Cities as "Haram"
Riyadh Air's CEO, Tony Douglas, has spoken out about the need for more direct flights from Riyadh to major global cities.
Welcome to The Saudi Boom. The No.1 Business Site & Newsletter in Saudi Arabia. Discover The Latest Developments and Opportunities in The Kingdom of Saudi Arabia.
LATEST NEWS
In Today’s Edition:
Riyadh Air CEO Slams Lack of Direct Flights from Riyadh to Major Global Cities as "Haram"
Royal Commission for Riyadh City Launches the Riyadh Creative District in KAFD
Saudi Arabia Introduces Guaranteed Financing to Boost Construction Sector
NEOM Partners with DataVolt to Build $5 Billion AI Powered Data Center in Oxagon
TRAVEL
✨Riyadh Air CEO Slams Lack of Direct Flights from Riyadh to Major Global Cities as "Haram"
Riyadh Air's CEO, Tony Douglas, has spoken out about the need for more direct flights from Riyadh to major global cities, highlighting the airline's ambition to transform the city into a global aviation hub.
Key Takeaways:
Riyadh Air aims to connect 100 cities by 2030.
CEO Tony Douglas has criticized the current lack of direct flights from Riyadh to major global destinations.
The airline is committed to establishing Riyadh as a major international aviation hub.
Riyadh Air is making a bold push to put Riyadh on the map as a global travel hub. Read more
TRAVEL
✨Royal Commission for Riyadh City Launches the Riyadh Creative District in KAFD
The Royal Commission for Riyadh City has launched the Riyadh Creative District in the King Abdullah Financial District (KAFD).
Key Takeaways:
The Riyadh Creative District has been launched in KAFD.
It's designed to support creatives, startups, and industry leaders.
The district aims to boost Saudi Arabia's creative economy and drive digital transformation.
This flagship store also features the brand's first-ever DG Café. Read more
ECONOMY
✨ Saudi Arabia Introduces Guaranteed Financing to Boost Construction Sector
Saudi Arabia is giving its construction sector a major boost with the introduction of guaranteed financing.
Key Takeaways:
New Infrastructure guaranteed financing has been introduced to support the growing construction sector.
The initiatives aim to increase access to local funding.
Other goals include localizing building materials and upskilling workers.
Saudi Arabia is taking concrete steps to strengthen its construction industry. Read more
NEOM
✨NEOM Partners with DataVolt to Build $5 Billion AI Powered Data Center in Oxagon
NEOM has partnered with DataVolt to build a $5 billion AI-powered data center in Oxagon, their advanced industries hub.
Key Takeaways:
NEOM and DataVolt are partnering to build a $5 billion AI-powered data center.
The data center will be located in Oxagon, NEOM's hub for advanced industries.
This project will be powered by 100% renewable energy and will support Saudi Arabia's Vision 2030.
This partnership marks a significant milestone for NEOM's ambitious plans. Read more
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