Your Weekly Round Up

YOUR WEEKLY ROUNDUP

In case you missed this weeks latest developments in the growth of Saudi Arabia we’ve compiled the best articles for you.

In Today’s Edition:

• Diriyah Company Launches Saudi Arabia’s First Ever Armani Branded Residences in Diriyah

• Saudi Arabia’s Residential Real Estate Sales Reached $32 Billion in 2024

• Saudi Arabia’s PIF Launches Al Waha, 1st Saudi Owned Duty Free Retailer

• Turki Al-Sheikh and TKO Group Announce the Launch of New Boxing Promotion with Sela

• Today’s Newsletter’s Sponsor

HOSPITALITY

✨Diriyah Company Launches Saudi Arabia’s First Ever Armani Branded Residences in Diriyah

Diriyah Company has announced the launch of Saudi Arabia's first-ever Armani-branded residences.

Key Takeaways:

• Diriyah Company is launching Armani Residences in Diriyah.

• This is the first Armani-branded residential project in Saudi Arabia.

• The development will bring a new level of luxury and sophistication to Diriyah.

This exciting announcement signals a new era of luxury living in Diriyah. Read more

REAL ESTATE

✨Saudi Arabia’s Residential Real Estate Sales Reached $32 Billion in 2024

Saudi Arabia's residential real estate market is booming, with sales reaching a significant 32 billion riyals in 2024.

Key Takeaways:

• Residential real estate sales in Saudi Arabia totaled 32 billion riyals in 2024.

• This reflects a strong and growing demand for residential properties in the Kingdom.

• The growth indicates a healthy and vibrant real estate sector in Saudi Arabia.

The impressive sales figures for Saudi Arabia's residential real estate market in 2024 highlight the sector's strength and vitality. Read more

THE PIF

✨Saudi Arabia’s PIF Launches Al Waha, 1st Saudi Owned Duty Free Retailer

Saudi Arabia's Public Investment Fund (PIF) has launched Al Waha, the Kingdom's first duty-free retailer.

Key Takeaways:

• Al Waha is the first duty-free retailer owned by Saudi Arabia.

• The launch of Al Waha is part of PIF's efforts to enhance the retail and tourism sectors.

• Al Waha aims to offer a world-class shopping experience at key locations across the Kingdom.

The introduction of Al Waha marks a significant step in the development of Saudi Arabia's retail landscape. Read more

SPORTS

✨Turki Al-Sheikh and TKO Group Announce the Launch of New Boxing Promotion with Sela

Turki Al-Sheikh and TKO Group which owns UFC have announced the launch of a new boxing promotion in partnership with Sela.

Key Takeaways:

• Turki Al-Sheikh and TKO Group are launching a new boxing promotion.

• The promotion is in partnership with Sela, a Saudi events company.

• This is expected to bring high-profile boxing events to Saudi Arabia.

This new boxing promotion is set to bring exciting developments to the sport, particularly in Saudi Arabia. Read more

This Newsletter Is Sponsored by Welcome Saudi

The No. 1 Travel Website To Discover The Best Hotels, Restaurants & Tourist Destinations in Saudi Arabia