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Saudi Arabia has achieved a significant victory by securing the hosting rights for the 2034 FIFA World Cup.
The Suadi Boom
December 14, 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 Arabia Confirmed as 2034 FIFA World Cup Host
Apple To Launch First Physical Stores In Saudi Arabia
Saudi Arabia’s PIF Launches Milaf Cola, World’s First Date Based Cola
Hilton Signs Agreement with KEC to Open 3 New Hotels in Madinah
SPORTS
✨Saudi Arabia Confirmed as 2034 FIFA World Cup Host
Saudi Arabia has achieved a significant victory by securing the hosting rights for the 2034 FIFA World Cup.
Key Takeaways:
Saudi Arabia to host the 2034 FIFA World Cup.
The tournament will be held across five cities, including Riyadh, Jeddah, and NEOM.
This win aligns with Saudi Arabia's Vision 2030 goals.
The 2034 FIFA World Cup will be a landmark event for Saudi Arabia, showcasing the nation's progress and solidifying its position on the global stage. Read more
COMPANIES
✨ Apple To Launch First Physical Stores In Saudi Arabia
Apple is expanding its presence in Saudi Arabia with the launch of an online store in summer 2025, followed by its first physical stores opening in 2026.
Key Takeaways:
Apple launches online store in Saudi Arabia in summer 2025.
First physical Apple Stores open in Saudi Arabia in 2026.
A flagship store is planned for the Diriyah UNESCO World Heritage site.
Tech giant Apple is bringing its popular products and services directly to Saudi Arabian consumers with the launch of an online store and upcoming physical stores.Read more
PIF
✨Saudi Arabia’s PIF Launches Milaf Cola, World’s First Date Based Cola
Saudi Arabia's Public Investment Fund (PIF) has launched a new cola drink called "Milaf Cola," positioning it as the world's first date-based cola and a healthier alternative to traditional sugary sodas.
Key Takeaways:
Milaf Cola is the world's first commercially available date-based cola.
It is a sugar-free alternative to traditional sodas.
The launch aligns with Saudi Arabia's Vision 2030 goals to promote sustainable and locally sourced products.
Milaf Cola offers a unique and potentially healthier twist on the classic cola beverage. Read more
HOSPITALITY
✨Hilton Signs Agreement with KEC to Open 3 New Hotels in Madinah
Hilton expands its presence in Madinah, Saudi Arabia, by signing an agreement with the Knowledge Economic City (KEC) to open three new hotels.
Key Takeaways:
Three hotels planned: Hilton Garden Inn, Hampton by Hilton, and the first Home2 Suites by Hilton in the Middle East and Africa (MEA).
The hotels offer a range of accommodation options, catering to both business and leisure travelers.
This expansion strengthens Hilton's portfolio in Madinah and supports Saudi Arabia's tourism growth.
The addition of these hotels signifies Hilton's commitment to the Saudi Arabian market. Read more
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