Saudi could bring $25bn investment to Indonesia

Saudi Arabia's King Salman will visit Jakarta and Bali on the Indonesian leg of his Asian tour next month, bringing 1,500 people in his...

Saudi Binladin said to get $2.7bn extension for Makkah mosque

Creditors have agreed in principle to Saudi Binladin Group’s (SBG) request for a two-year extension on a 10 billion riyal ($2.7 billion) Islamic credit...

Foster + Partners Cascading Complex Wins Competition for New Hotel in Mecca

Foster + Partners has won an international competition for a new luxury hotel and apartment complex located just outside the Grand Mosque in Mecca, Saudi...

Dubai and Makkah lead ME new hotel room supply

Hotel construction activity in the Middle East continues to gain momentum despite a slowdown in the hospitality industry across the region with Dubai and...

Saudi Arabia said to be mulling cancellation of $20bn projects

Saudi Arabia is reportedly working with PricewaterhouseCoopers on plans to cancel about $20 billion of projects as the Gulf kingdom battle with lower revenues...

Saudi Arabia projects $53b deficit in 2017

Riyadh: Saudi Arabia on Thursday projected a 2017 budget deficit of about $53 billion and a lower than expected shortfall for this year after...

Saudi private sector growth rebounds in November

Saudi Arabian non-oil private sector growth rebounded in November following a back-to-back slowdown in September and October, according to a new survey. Data from the...

Marriott brands in Riyadh receive industry awards

RIYADH — Riyadh Marriott Hotel received the “2016 Luxury Hotel and Conference Center” award, while Marriott Executive Apartments, Riyadh Makarim received the “2016 Luxury...

JLL: Demand grows for Makkah hotel sector in Saudi

With the entry of international hotel brands like Conrad, Marriott, and Best Western into Saudi Arabia's Makkah, the hospitality sector continues to reflect market...

Makkah Mahbas Eljen: Bab Al Multazam Concorde Hotel****

Located in Mahbas Eljen, Bab Al Multazam Concorde Hotel is just a 5-minute drive from the Haram, and offers rooms with air conditioning. Free...

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