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:

• Majid Al Futtaim to Open VOX Cinemas and 7 Premier Lifestyle Brands at Diriyah Square

• QNB Group Receives Saudi Central Bank License for $666 Million Digital First EZ Bank

• Red Sea Global Opens Shura Links, Saudi Arabia’s First Island Golf Course

• Red Sea Global Officially Opens Shura Links, Saudi Arabia’s First Island Golf Course at Red Sea

• Today’s Newsletter’s Sponsor

TRAVEL

✨Majid Al Futtaim to Open VOX Cinemas and 7 Premier Lifestyle Brands at Diriyah Square

Diriyah Company has partnered with Majid Al Futtaim, a leading retail and leisure pioneer, to introduce a VOX Cinemas multiplex and seven premier global retail brands to the Diriyah Square development in Riyadh.

Key Takeaways:

• Diriyah Company signed a formal agreement with Majid Al Futtaim (MAF).

• MAF will open a VOX Cinemas multiplex, spanning over 7,600 sqm, offering VIP and family-friendly experiences, as well as event screenings.

• The deal includes seven premier lifestyle and retail brands across approximately 5,534 sqm, featuring globally recognized names.

Diriyah Company and Majid Al Futtaim have entered a major partnership to introduce a VOX Cinemas multiplex and seven high-profile retail brands to Diriyah Square in Riyadh. Read more

ECONOMY

✨QNB Group Receives Saudi Central Bank License for $666 Million Digital-First EZ Bank

QNB Group has received approval from the Saudi Central Bank (SAMA) to establish a new digital banking entity named ezbank.

Key Takeaways:

• QNB Group, in partnership with Ajlan & Bros Holding, is launching ezbank, a digital-first bank.

• The bank will be capitalized at approximately $666 million (SAR 2.5 billion).

• The platform emphasizes a digital-first approach, utilizing AI-driven tools and smart risk management systems to ensure security and efficiency.

The QNB Group has secured a license from the Saudi Central Bank (SAMA) to launch ezbank, a digital-first banking venture capitalized at $666 million. Read more

EVENTS

✨ Riyadh Season Unveils “Try Not To Enjoy It” Promo Film Featuring MrBeast, KSI, and iShowSpeed

The countdown to Riyadh Season 2025 has officially begun with the release of the star-studded promotional film, “Try Not To Enjoy It.”

Key Takeaways:

• The film features a high-profile lineup of international influencers.

• The cinematic film was directed by Gibson Hazard, known for his work with major brands, and is packed with thrilling moments that highlight the season's diverse attractions.

• The film builds anticipation for the new MrBeast Park, which will feature immersive zones, interactive challenges, and stunts.

Riyadh Season 2025 has launched its promotional campaign with the release of the short film “Try Not To Enjoy It,” featuring a high-energy "Try Not to React" challenge starring global influencers KSI and iShowSpeed, and a cameo by MrBeast. Read more

RED SEA GLOBAL

✨ Red Sea Global Officially Opens Shura Links, Saudi Arabia's First Island Golf Course at The Red Sea

Red Sea Global (RSG), the developer of The Red Sea destination, has officially opened Shura Links, marking the debut of Saudi Arabia's first island golf course.

Key Takeaways:

• Shura Links is Saudi Arabia's first island golf course, situated on Shura Island (also known as 'Coral Bloom'), the vibrant hub of The Red Sea destination.

• The course features a stunning beachfront clubhouse offering elevated dining and a retail boutique, as well as premium practice facilities and a family-friendly adventure putting course.

• The island is easily accessible, located just an hour's drive from the Red Sea International Airport (RSI), with the journey including a crossing over Saudi Arabia's longest overwater bridge.

Red Sea Global has launched Shura Links, an 18-hole, par-72 course designed by Brian Curley on Shura Island, making it Saudi Arabia's first-ever island golf course. 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