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AI + Innovation (MENA) 
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Saudi’s tourism transformation in the spotlight
Saudi’s hotel pipeline is among the largest in the world, Bloomberg says
Jaras Hospitality closes SAR 2.5 mn pre-seed funding round
The capital is earmarked for improving the company’s product-market fit + expanding the customer base
Investment Minister Khalid Al Falih is in Pakistan for a three-day visit
PLUS: Cement firms’ sales rise in September
Red Sea Global to borrow at least SAR 14 bn to finance tourism developments
Plus: Roshn Group closes SAR 9 bn syndicated revolving credit facility
Tabuk board signs off on offloading its stake in Masader Agricultural Feed Mill
PLUS: Magnom Properties wants to invest in Egypt’s Ras El Hekma
Construction at the Avenues Riyadh is nearly 50% complete
PLUS: Rikaz launches second phase of SAR 1.1 bn The Node
Flight bookings from Saudi are on the rise this summer -Wego
Egypt accounted for nearly half of all bookings from Saudi on Wego between June and August
Yalla Plus closes SAR 10 mn seed round
The round was led by Merak Capital
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