{"id":93866,"date":"2025-01-29T00:00:00","date_gmt":"2025-01-29T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/ksa\/2025\/01\/29\/banan-subsidiary-to-build-out-two-gyms-in-riyadh\/"},"modified":"2025-01-29T00:00:00","modified_gmt":"2025-01-29T00:00:00","slug":"banan-subsidiary-to-build-out-two-gyms-in-riyadh","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/ksa\/2025\/01\/29\/banan-subsidiary-to-build-out-two-gyms-in-riyadh\/","title":{"rendered":"Banan subsidiary to build out two gyms in Riyadh"},"content":{"rendered":"

\n

SPORTS-<\/p>\n

#1- UK-based sports field manufacturer <\/strong>SIS Pitches<\/a><\/strong> will design the field for Aramco <\/strong>Stadium in Al Khobar <\/strong>as the Kingdom is gearing up to host the 2034 World Cup, Al Arabiya<\/a> reports, citing a statement from the company. <\/p>\n

The details:<\/strong> The company \u2014 which was behind the Kingdom Arena pitch in Riyadh \u2014 will be in charge of designing a hybrid grass pitch, two natural grass training pitches, and a ventilation system for the Aramco Stadium by the end of this month. Meanwhile, the project is scheduled to be implemented in 2026.<\/p>\n

ICYMI- <\/strong>Aramco tapped<\/a> Spanish tech and engineering company Ayesa in December to be the project management consultant for its Al Khobar stadium.<\/p>\n

\n

\n

#2- Banan subsidiary set to build two Optimo gyms in Riyadh: <\/strong>Banan Real Estate<\/a>Company<\/a> \u2019s subsidiary Qimam Nashaz Real Estate Development Company landed a SAR 224 mn contract to develop two gyms for Armah Sports Company<\/a> in Riyadh\u2019s Al Wadi district under the Optimo brand, according to disclosures to Tadawul (here<\/a> and here<\/a>).<\/p>\n

\n

EDUCATION-<\/p>\n

The Education Ministry<\/strong> launched the <\/strong>Mdares platform<\/a><\/strong>, a comprehensive AI-powered platform offering services to parents, investors, and schools, according to a statement<\/a> from the ministry. The platform displays information about national and international schools in the Kingdom to help parents make informed decisions on school choices for their children. The platform also serves as a gateway to investors who are looking to tap the Saudi education sector. In addition, it offers marketing and operation management tools for schools.<\/p>\n

\n

HOSPITALITY-<\/p>\n

New Sheraton hotel coming to Al Khobar: <\/strong>Marriot International partnered with Ashaad<\/a>Company<\/a> and Aleph Hospitality<\/a> to launch Sheraton Al Khobar Al Hamra, Al Khobar\u2019s first Sheraton brand, according to a press release<\/a> from Aleph. The 580-key hotel will be located near the King Fahd Causeway, which connects Saudi Arabia to Bahrain, and is slated for opening in 2028.<\/p>\n

\n

MINING-<\/p>\n

Mohammed H<\/a><\/strong>adi Al Rasheed and Partners Company<\/a><\/strong> kicked off production at its <\/strong>high-silica mine in Riyadh<\/strong>, after securing a mining license from the Industry and Mineral Resources Ministry, according to a disclosure to Tadawul<\/a>. The project\u2019s impact on the company\u2019s financial statements is expected to materialize during 1H 2025.<\/p>\n

\n

URBAN DEVELOPMENT-<\/p>\n

The Sharqia Development Authority launched the urban data platform <\/strong>Sard <\/strong>which aims to support planning and sustainable development in the Eastern Province by providing unified geospatial and urban data, state news agency SPA<\/a> reports. The platform consolidates data from over 50 governmental and development entities.<\/p>\n

\n

STARTUP WATCH-<\/p>\n

Homegrown edtech startup <\/strong>UpLevel<\/a><\/strong> has secured an undisclosed pre-Seed funding round <\/strong>from a group of angel investors, <\/strong>according to a press release<\/a>. No further details on the total raised, use of proceeds, name of investors, or on whether the contributions were debt or equity-based were disclosed. <\/p>\n

About UpLevel: <\/strong>Founded in 2024 by Idris Alshayea (Linkedin<\/a>) and Hamad AlLuhaidan , UpLevel helps companies boost employee performance by providing connections to professional coaches that can provide training programs, mentoring, and tailored career guidance. <\/p>\n","protected":false},"excerpt":{"rendered":"

PLUS: A new Sheraton is coming to Khobar<\/p>\n","protected":false},"author":1,"featured_media":93867,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[2564],"tags":[54,445,2497,10,1655,94,1053,3765,3763],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-93866","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-also-on-our-radar","tag-also-on-our-radar","tag-armah-sports","tag-education","tag-enterpriseam-ksa","tag-honeywell","tag-hospitality","tag-petro-rabigh","tag-sard","tag-sheraton-al-khobar-al-hamra","wpautop","entry"],"acf":{"mongo_id":"8c7f33fe-212c-44bc-b01a-3b7693e8ca65","order":"11","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2025\/1\/2085.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Banan subsidiary to build out two gyms in Riyadh","related_issue":[93846],"teaser":"PLUS: A new Sheraton is coming to Khobar","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/1\/.ab135736-2a23-47a5-9921-cd7056ed31d7.mp3"},"yoast_head":"\nBanan subsidiary to build out two gyms in Riyadh - KSA<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/ksa\/2025\/01\/29\/banan-subsidiary-to-build-out-two-gyms-in-riyadh\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Banan subsidiary to build out two gyms in Riyadh\" \/>\n<meta property=\"og:description\" content=\"PLUS: A new Sheraton is coming to Khobar\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/ksa\/2025\/01\/29\/banan-subsidiary-to-build-out-two-gyms-in-riyadh\/\" \/>\n<meta property=\"og:site_name\" content=\"KSA\" \/>\n<meta property=\"article:published_time\" content=\"2025-01-29T00:00:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2025\/1\/2085.jpg?fit=%2C&ssl=1\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/ksa\/2025\/01\/29\/banan-subsidiary-to-build-out-two-gyms-in-riyadh\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/ksa\/2025\/01\/29\/banan-subsidiary-to-build-out-two-gyms-in-riyadh\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/ksa\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Banan subsidiary to build out two gyms in Riyadh\",\"datePublished\":\"2025-01-29T00:00:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/ksa\/2025\/01\/29\/banan-subsidiary-to-build-out-two-gyms-in-riyadh\/\"},\"wordCount\":492,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/ksa\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/ksa\/2025\/01\/29\/banan-subsidiary-to-build-out-two-gyms-in-riyadh\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2025\/1\/2085.jpg?fit=%2C&ssl=1\",\"keywords\":[\"ALSO ON OUR RADAR\",\"Armah Sports\",\"Education\",\"EnterpriseAM KSA\",\"Honeywell\",\"hospitality\",\"Petro Rabigh\",\"Sard\",\"Sheraton Al Khobar Al Hamra\"],\"articleSection\":[\"ALSO ON OUR RADAR\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/ksa\/2025\/01\/29\/banan-subsidiary-to-build-out-two-gyms-in-riyadh\/\",\"url\":\"https:\/\/enterpriseam.com\/ksa\/2025\/01\/29\/banan-subsidiary-to-build-out-two-gyms-in-riyadh\/\",\"name\":\"Banan subsidiary to build out two gyms in Riyadh - KSA\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/ksa\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/ksa\/2025\/01\/29\/banan-subsidiary-to-build-out-two-gyms-in-riyadh\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/ksa\/2025\/01\/29\/banan-subsidiary-to-build-out-two-gyms-in-riyadh\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2025\/1\/2085.jpg?fit=%2C&ssl=1\",\"datePublished\":\"2025-01-29T00:00:00+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/ksa\/2025\/01\/29\/banan-subsidiary-to-build-out-two-gyms-in-riyadh\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/ksa\/2025\/01\/29\/banan-subsidiary-to-build-out-two-gyms-in-riyadh\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/ksa\/2025\/01\/29\/banan-subsidiary-to-build-out-two-gyms-in-riyadh\/#primaryimage\",\"url\":\"https:\/\/i0.wp.com\/ent.news\/2025\/1\/2085.jpg?fit=%2C&ssl=1\",\"contentUrl\":\"https:\/\/i0.wp.com\/ent.news\/2025\/1\/2085.jpg?fit=%2C&ssl=1\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/ksa\/2025\/01\/29\/banan-subsidiary-to-build-out-two-gyms-in-riyadh\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/ksa\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Banan subsidiary to build out two gyms in Riyadh\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/ksa\/#website\",\"url\":\"https:\/\/enterpriseam.com\/ksa\/\",\"name\":\"KSA\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/ksa\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/ksa\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/ksa\/#organization\",\"name\":\"KSA\",\"url\":\"https:\/\/enterpriseam.com\/ksa\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/ksa\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/42482.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/42482.svg\",\"caption\":\"KSA\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/ksa\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/ksa\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/ksa\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Banan subsidiary to build out two gyms in Riyadh - KSA","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/ksa\/2025\/01\/29\/banan-subsidiary-to-build-out-two-gyms-in-riyadh\/","og_locale":"en_US","og_type":"article","og_title":"Banan subsidiary to build out two gyms in Riyadh","og_description":"PLUS: A new Sheraton is coming to Khobar","og_url":"https:\/\/enterpriseam.com\/ksa\/2025\/01\/29\/banan-subsidiary-to-build-out-two-gyms-in-riyadh\/","og_site_name":"KSA","article_published_time":"2025-01-29T00:00:00+00:00","og_image":[{"url":"https:\/\/i0.wp.com\/ent.news\/2025\/1\/2085.jpg?fit=%2C&ssl=1","type":"","width":"","height":""}],"author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/ksa\/2025\/01\/29\/banan-subsidiary-to-build-out-two-gyms-in-riyadh\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/ksa\/2025\/01\/29\/banan-subsidiary-to-build-out-two-gyms-in-riyadh\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/ksa\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"Banan subsidiary to build out two gyms in Riyadh","datePublished":"2025-01-29T00:00:00+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/ksa\/2025\/01\/29\/banan-subsidiary-to-build-out-two-gyms-in-riyadh\/"},"wordCount":492,"publisher":{"@id":"https:\/\/enterpriseam.com\/ksa\/#organization"},"image":{"@id":"https:\/\/enterpriseam.com\/ksa\/2025\/01\/29\/banan-subsidiary-to-build-out-two-gyms-in-riyadh\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2025\/1\/2085.jpg?fit=%2C&ssl=1","keywords":["ALSO ON OUR RADAR","Armah Sports","Education","EnterpriseAM KSA","Honeywell","hospitality","Petro Rabigh","Sard","Sheraton Al Khobar Al Hamra"],"articleSection":["ALSO ON OUR RADAR"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/ksa\/2025\/01\/29\/banan-subsidiary-to-build-out-two-gyms-in-riyadh\/","url":"https:\/\/enterpriseam.com\/ksa\/2025\/01\/29\/banan-subsidiary-to-build-out-two-gyms-in-riyadh\/","name":"Banan subsidiary to build out two gyms in Riyadh - KSA","isPartOf":{"@id":"https:\/\/enterpriseam.com\/ksa\/#website"},"primaryImageOfPage":{"@id":"https:\/\/enterpriseam.com\/ksa\/2025\/01\/29\/banan-subsidiary-to-build-out-two-gyms-in-riyadh\/#primaryimage"},"image":{"@id":"https:\/\/enterpriseam.com\/ksa\/2025\/01\/29\/banan-subsidiary-to-build-out-two-gyms-in-riyadh\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2025\/1\/2085.jpg?fit=%2C&ssl=1","datePublished":"2025-01-29T00:00:00+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/ksa\/2025\/01\/29\/banan-subsidiary-to-build-out-two-gyms-in-riyadh\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/ksa\/2025\/01\/29\/banan-subsidiary-to-build-out-two-gyms-in-riyadh\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/ksa\/2025\/01\/29\/banan-subsidiary-to-build-out-two-gyms-in-riyadh\/#primaryimage","url":"https:\/\/i0.wp.com\/ent.news\/2025\/1\/2085.jpg?fit=%2C&ssl=1","contentUrl":"https:\/\/i0.wp.com\/ent.news\/2025\/1\/2085.jpg?fit=%2C&ssl=1"},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/ksa\/2025\/01\/29\/banan-subsidiary-to-build-out-two-gyms-in-riyadh\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/ksa\/"},{"@type":"ListItem","position":2,"name":"Banan subsidiary to build out two gyms in Riyadh"}]},{"@type":"WebSite","@id":"https:\/\/enterpriseam.com\/ksa\/#website","url":"https:\/\/enterpriseam.com\/ksa\/","name":"KSA","description":"The State of the Nation","publisher":{"@id":"https:\/\/enterpriseam.com\/ksa\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/enterpriseam.com\/ksa\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/enterpriseam.com\/ksa\/#organization","name":"KSA","url":"https:\/\/enterpriseam.com\/ksa\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/ksa\/#\/schema\/logo\/image\/","url":"https:\/\/ent.news\/internal\/42482.svg","contentUrl":"https:\/\/ent.news\/internal\/42482.svg","caption":"KSA"},"image":{"@id":"https:\/\/enterpriseam.com\/ksa\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/enterpriseam.com\/ksa\/#\/schema\/person\/ca597032db7e4db868359c123cec256d","name":"enterpriseam admin","sameAs":["http:\/\/enterpriseam.testing.projectsarea.com"],"url":"https:\/\/enterpriseam.com\/ksa\/author\/enterpriseam\/"}]}},"featured_image_src":"https:\/\/i0.wp.com\/ent.news\/2025\/1\/2085.jpg?resize=600%2C400&ssl=1","featured_image_src_square":"https:\/\/i0.wp.com\/ent.news\/2025\/1\/2085.jpg?resize=600%2C600&ssl=1","author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/ksa\/author\/enterpriseam\/"},"jetpack_featured_media_url":"https:\/\/i0.wp.com\/ent.news\/2025\/1\/2085.jpg?fit=%2C&ssl=1","jetpack_sharing_enabled":true,"jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/ksa\/wp-json\/wp\/v2\/posts\/93866","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/ksa\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/ksa\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/ksa\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/ksa\/wp-json\/wp\/v2\/comments?post=93866"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/ksa\/wp-json\/wp\/v2\/posts\/93866\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/ksa\/wp-json\/wp\/v2\/issue\/93846"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/ksa\/wp-json\/wp\/v2\/media\/93867"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/ksa\/wp-json\/wp\/v2\/media?parent=93866"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/ksa\/wp-json\/wp\/v2\/categories?post=93866"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/ksa\/wp-json\/wp\/v2\/tags?post=93866"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/ksa\/wp-json\/wp\/v2\/brand?post=93866"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/ksa\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=93866"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}