Business of Sport Saudi to host Joshua-Usyk heavyweight title rematch Saudi Arabia confirmed today that it will host the world heavyweight boxing clash between champion Oleksandr Usyk and Anthony Joshua on August 20 as the kingdom cements its status as a global sporting destination. In a statement, the Ministry of Sports announced that the Red Sea city of Jeddah will host the rematch between the […] June 20, 2022
Opinion Manufacturing Electric vehicles: If you can’t beat ’em, join ’em Opportunities in battery manufacturing as well as clear net-zero goals allow oil-rich countries to embrace the inevitable switch to EVs rather than fear it June 15, 2022
Food & Drink Saudi region awarded global gastronomy title The Aseer region in southwest Saudi Arabia is to be given a global showcase after being awarded the title of World Region of Gastronomy 2024 by the Barcelona-based International Institute of Gastronomy, Culture, Arts and Tourism (IGCAT). The move is part of a wider $13 billion plan to redevelop the tourism potential of the little-known […] June 13, 2022
Tourism Saudi to invest $100m in tourism training Saudi Arabia is planning to invest $100 million training around 100,000 young Saudis to work in the tourism sector, as the kingdom looks to attract over 70 million visitors per year. The Ministry of Tourism on Tuesday launched the Tourism Pioneers programme, which the Saudi Press Agency claimed was the “largest global programme” of its […] June 8, 2022
Media & Advertising Saudi’s leading cinema group to make films for Arabs by Arabs The kingdom of Saudi Arabia announced the lifting of its 35-year ban on cinemas four years ago. The industry has since seen exponential growth and Arabic language films have been the most popular among moviegoers. This trend has now prompted Muvi Cinemas, Saudi Arabia’s homegrown cinema brand and the country’s largest theatre operator, to launch […] June 3, 2022
EXCLUSIVE Tourism Cruise Saudi CEO reveals big ambitions for kingdom’s tourism Riyadh wants tourism to be 10 percent of its GDP by 2030 – in part by becoming a hub for cruise travel. Cruise Saudi boss Lars Clasen tells AGBI how he aims to attract 1 million visitors a year May 23, 2022
Manufacturing Lucid’s electric vehicle hub to create 4,500 jobs in Saudi US-based Lucid Group on Wednesday revealed more details about its plans to build an electric vehicle (EV) production hub in Saudi Arabia, with 4,500 jobs to be created. With an annual capacity to build 155,000 EVs, agreements in place are estimated to provide financing and incentives to Lucid of up to $3.4 billion over the […] May 19, 2022
Giga-projects Diriyah Gate: The kingdom’s cultural heart Roughly 20 minutes’ drive north-west of Riyadh’s city centre lies the historic town of Diriyah. The original home of the House of Saud and the capital of the First Saudi State, it is here that the country’s new cultural capital is beginning to take shape. Overseeing its transformation is the Diriyah Gate Development Authority (DGDA), […] May 18, 2022
Saudi Arabia Vision 2030 The Red Sea Project: Showcasing natural abundance One of the most ambitious and environmentally responsible tourism developments in the world is beginning to take shape on the north-west coast of Saudi Arabia. Spread across 28,000 square kilometres and including an archipelago of more than 90 islands, The Red Sea Project will be powered by 100 per cent renewable energy and is committed to […] May 18, 2022
Insight Saudi Arabia Vision 2030 Saudi Arabia: A kingdom in transformation Four giga-projects symbolise Saudi’s transformation and economic diversification from oil to technology and tourism – but global problems could delay progress In December last year the neighbourhood of Al-Balad in Jeddah played host to the first edition of the Red Sea International Film Festival. Held only three years after Saudi Arabia allowed cinemas to reopen […] May 18, 2022