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Infrastructure 
Marriott to develop five new hotels + Governata raises USD 4 mn in seed round
The Marriott projects will add more than 2.7k rooms to the market
PIF transfers USD 12 bn of stakes in gaming companies to Savvy Games
PLUS: Saudi Arabia, Qatar, Oman lobby US against Iran attack
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
Jabal Omar inks 15-year deals with Accor, Rotana to manage 1.8k hotel keys in Makkah
ALSO- The UAE’s Ades Holding reactivates suspended Saudi rigs, secures new offshore work
Stc to invest SAR 1.2 bn in Red Sea Global’s digital infrastructure
The investment is among the largest in the Kingdom’s tourism sector
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
Gathern secures SAR 270 mn in series B funding as it gears up for Tadawul listing
The round was led by PIF-backed Sanabil Investments
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