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:

• Red Sea Global Announces the Opening of AMAALA, a New Coastal Wellness Destination.

• GCC Approves New “One-Stop” Travel System with UAE-Bahrain Pilot Phase in December 2025.

• Saudi Arabia Introduces New Rules to Allow Foreign Ownership in Major Cities from January 2026.

• Knowledge Economic City Signs JV Agreement with Maison Privee to Launch Short Rental Company in Madinah.

• Today’s Newsletter’s Sponsor

EVENTS

✨Red Sea Global Announces the Opening of AMAALA, a New Coastal Wellness Destination

Red Sea Global (RSG) has announced the upcoming opening of AMAALA Triple Bay, a new ultra-luxury coastal destination on Saudi Arabia's northwestern coast.

Key Takeaways:

• AMAALA is an ultra-luxury wellness resort set across three natural bays. The first phase, Triple Bay, is scheduled to open in the coming months.

• The destination is built on a "coastal lifestyle" concept rooted in wellness and well-being, aiming to set a new standard for holistic luxury.

• The project is expected to create up to 50,000 new jobs and contribute approximately SAR 11 billion (around USD 3 billion) to the nation's GDP upon completion.

Red Sea Global is launching AMAALA Triple Bay, a new giga-project on Saudi Arabia's coast, as a premier destination for ultra-luxury and wellness. Read more

TRAVEL

✨GCC Approves New “One-Stop” Travel System with UAE-Bahrain Pilot Phase in December 2025

The Gulf Cooperation Council (GCC) has approved a new “one-stop” travel system to simplify the movement of Gulf Arab citizens across the six member countries (UAE, Saudi Arabia, Qatar, Oman, Kuwait, and Bahrain).

Key Takeaways:

• If the pilot is successful, the system will be expanded to include all six GCC member states.

• A trial phase for the new system is scheduled to begin in December 2025, focusing initially on air travel between the UAE and Bahrain.

• The new system will combine immigration, security checks, and customs into a single checkpoint, eliminating the need for multiple inspections and reducing processing times at airports.

The GCC has greenlit a "one-stop" travel system to streamline movement for its citizens between the six member states by combining all border checks into a single checkpoint. Read more

REAL ESTATE

✨ Saudi Arabia Introduces New Rules to Allow Foreign Ownership in Major Cities from January 2026

Saudi Arabia is set to implement a new law, effective January 2026, that formally regulates real estate ownership for non-Saudis.

Key Takeaways:

• The "Law of Real Estate Ownership by Non-Saudis" will take effect in January 2026.

• A new combined 10% fee and tax will be imposed on foreign-owned properties.

• Ownership in the holy cities of Makkah and Madinah will be subject to special conditions and restrictions.

SSaudi Arabia has introduced a new law, effective January 2026, that will govern real estate ownership for non-Saudis. Read more

HOSPITALITY

✨Knowledge Economic City Signs JV Agreement with Maison Privee to Launch Short-Rental Company in Madinah

Knowledge Economic City (KEC), a major publicly listed developer in Madinah, has signed a joint venture (JV) agreement with Maison Privee, a prominent Dubai-based luxury short-term rental operator.

Key Takeaways:

• The initiative will first be implemented at KEC's flagship Al-Alya project, an integrated community featuring 1,420 apartments and 70 mansions.

• The venture will provide a complete suite of premium hospitality services, including booking, housekeeping, concierge, catering, and transportation.

• The initiative will first be implemented at KEC's flagship Al-Alya project, an integrated community featuring 1,420 apartments and 70 mansions.

Knowledge Economic City (KEC) is partnering with Dubai's Maison Privee to form a new 70/30 joint venture company that will manage luxury short-term rentals in Madinah. 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