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Saudi Football Star Neymar Jr. Invests Over $50 Million in Bugatti Residences Penthouse
Saudi football star Neymar Jr. has reportedly invested over $50 million in a luxurious penthouse at the Bugatti Residences in Dubai.
The Suadi Boom
November 21, 2024
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:
Saudi Football Star Neymar Jr. Invests Over $50 Million in Bugatti Residences Penthouse
Delta Airlines and Saudi Launch Codeshare Partnership to Connect US and Saudi
Riyadh’s 5 Star Hotels Occupancy Rate Hits 97% During Mid Year School Break
Saudi Arabia Awards $266.6 Million Construction Contract for The Point Project in Abha
ESTATE
✨Saudi Football Star Neymar Jr. Invests Over $50 Million in Bugatti Residences Penthouse
Saudi football star Neymar Jr. has reportedly invested over $50 million in a luxurious penthouse at the Bugatti Residences in Dubai.
Key Takeaways:
Neymar Jr. invests in ultra-luxury penthouse at Dubai’s Bugatti Residences.
Bugatti Residences features high-end amenities and car-themed design elements.
Investment reflects Dubai’s booming luxury real estate market.
Neymar Jr.’s investment in the Bugatti Residences highlights Dubai’s position as a hub for luxury living and real estate. Read more
TRAVEL
✨ Delta Airlines and Saudi Launch Codeshare Partnership to Connect US and Saudi
Delta Airlines and Saudia have launched a codeshare partnership to offer seamless travel between the USA and Saudi Arabia.
Key Takeaways:
Codeshare partnership allows connections between Delta flights from the US and Saudia flights to Riyadh and Jeddah.
Enhances travel options between the US, Europe, and Saudi Arabia.
Aims to develop stronger ties between Saudi Arabia and North America.
Delta and Saudia’s codeshare partnership provides a convenient travel option for passengers flying between the US and Saudi Arabia. Read more
HOSPITALITY
✨Riyadh’s 5 Star Hotels Occupancy Rate Hits 97% During Mid Year School Break
Riyadh's 5-star hotels saw a surge in occupancy rate, reaching 97% during the recent mid-year school break.
Key Takeaways:
97% occupancy rate in Riyadh's 5-star hotels.
Strong demand for luxury accommodations in Riyadh.
Surge in tourism attributed to Saudi Winter events, Riyadh Season, and international conferences.
Riyadh’s growing popularity as a tourist destination is evident in the high occupancy rates of its 5-star hotels. Read more
TRAVEL
✨Saudi Arabia Awards $266.6 Million Construction Contract for The Point Project in Abha
Saudi Arabia’s Aseer Development Authority has awarded a $266.6 million contract for “The Point” project in Abha.
Key Takeaways:
The Point will be a multi-use development with retail, entertainment, and hospitality options.
It aims to transform Abha into a leading tourist destination.
The project is set to be completed by late 2027.
The Point project in Abha is set to elevate the city’s tourism offerings with a diverse range of attractions and amenities. Read more
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