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Egypt’s Brassbell Hospitality Group sets foot in the Kingdom with Fanaya Hotel in Jeddah
Fanaya features 51 suites that combine local heritage with contemporary design, all built to international standards
Tourise unveils USD 113 bn in portfolio investments, says Tourism Minister
The next Tourise Summit will be held in March 2027
Tourise Summit kicks off with bns in hotel launches, expansion plans
ALSO- PIF-owned Al Balad Development will invest SAR 3.6 bn to build and revamp hospitality assets in Historic Jeddah
Tourism employment up 4% y-o-y in 2Q 2025 to 997.4k workers
Hospitality facilities surged 58% y-o-y to 5.3k by the end of 2Q 2025
Laheq Island to test luxury market appeal
The project’s southern section is expected to open in 2028
Red Sea Global inaugurates three resorts on Shura Island
RSG has funneled around SAR 42 bn into the development of the Shura Island so far
Citystars, Emaar Misr to develop a EGP 900 bn Marassi on Egypt’s Red Sea
The four-year, 2.4k-feddan development near Hurghada will mirror Marassi North Coast
Ma’aden subsidiary inks 30-year solar power agreement for Al Baitha mine
ALSO- Amlak International inked a four-year SAR 250 mn shariah-compliant credit facility with Emirates NBD - KSA
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