Riyadh is experiencing significant growth in its commercial real estate sector, with rents for Grade A office spaces reaching SR2,700 ($719.95) per square meter by the end of March, according to a recent analysis. This marks a remarkable annual increase of 23 percent, driven by successful government initiatives, including the regional headquarters program. The Real...
The Michelin Guide is officially coming to Saudi Arabia, marking a significant addition to the renowned culinary publication. The inaugural list of recommended restaurants will primarily highlight the cities of Riyadh and Jeddah, although it may also feature dining establishments in other areas of the kingdom, such as Khobar and Alula. The unique aspect of...
Saudi Arabia has been recognized as the fastest-growing startup ecosystem in the world, according to the Global Startup Ecosystem Index 2025 released by StartupBlink. The country achieved an impressive growth rate exceeding 200%, making it the only nation in the global top 100 to reach such a milestone. This achievement has also earned Saudi Arabia...
CIMC Modular Building Systems (MBS), a globally recognized leader in modular construction, has secured a significant contract to build the Earth Riyadh Hotel in Saudi Arabia. This project marks CIMC MBS’s first entry into the hospitality industry within the region, highlighting the company’s commitment to promoting innovative and sustainable construction practices. With its renowned modular...