Indonesia has become the first foreign country to own property in Thakher Makkah, after the state’s wealth fund Danantara received ownership certificates for a SR2 billion ($531.4 million) acquisition.
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Minister of Tourism and Chairman of the Board of Directors of the Saudi Tourism Authority (STA) Ahmed Al-Khateeb inaugurated the Saudi Land pavilion at World Travel Market (WTM) London 2026 on Tuesday.
With seven decades of experience understanding how people in Saudi Arabia shop, eat, meet and spend their time, Abdullah Al Othaim Investment Company is bringing that consumer insight into the Kingdom’s real estate sector through the launch of Al Othaim…
Saudi Arabia's Voluntary Carbon Market Co. (VCM) has traded over 15 million carbon credits, equivalent to $93.3 million, as the country aims to boost its carbon market amidst high domestic demand for credits.
Jabal Omar, one of the largest Saudi developers in Mecca, said hotel revenues jumped in the first nine months of 2026. The result was driven by additional rooms and higher rates in the holy city, even as the company’s overall profit fell sharply.
