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Intelligence for the New World Economy
D.C.
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Riyadh
Beijing
SG
Intelligence for the New World Economy
Home
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Technology
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Gulf
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© 2025 Semafor Inc.
Home
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Manal Albarakati
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Saudi’s $50B downtown megaproject seeks partners
As spending cuts hit other major developments in the kingdom, New Murabba is moving ahead with construction.
Courtesy of New Murabba
Saudi set for 130 million tourists in 2025
The country’s tourism industry is on track to meet 2030 goals of attracting 150 million visitors including domestic travelers.
Courtesy of The Royal Commission for AlUla
A Semafor guide to Riyadh
Where to eat and what to see in the Saudi capital.
Diriyah. Ritzau Scanpix/Ida Marie Odgaard via Reuters.
Saudi fashion finds its voice
Global designers were the focus at Riyadh Fashion Week, but the highlights were from Saudis reimagining their heritage.
@riyadhfashionweek/Instagram
Bollywood, Hollywood, and gaming collide in Saudi
Shaquille O’Neal, Bollywood megastar Shah Rukh Khan, and YouTuber MrBeast were among the guests at the Joy Forum in Riyadh.
@turki/Instagram
Gulf construction awards slump in third quarter
Contract awards fell to the second-lowest level in ten quarters, an analysis found.
Hamad I Mohammed/Reuters
Saudi eyes permanent spot on top tennis tour
The kingdom’s Six Kings Slam, complete with a gold racket trophy and $6 million in prize money, is reigniting talk of a Masters 1000 as Saudi Arabia pushes deeper into global sport.
Oman bets on luxury tourism with $520M ‘wellness village’
While Saudi Arabia and the UAE race to attract tens of millions of visitors, smaller neighbors like Oman are focusing on exclusivity.
Saudi’s Kayanee aims to educate women on wellness, and more
Kayanee, the Riyadh-based athleisure and wellness brand, plans to expand in the Gulf, and beyond, next year.
Saudi heir’s private jet rant on welfare cuts sparks outrage
His comments came after his cousin, Human Resources Minister Ahmad Al Rajhi, suspended parts of the social security program.
Saudi Arabia’s Vision 2030 contracts near $200B even as new awards slow
The kingdom is still awarding contracts for gigaprojects part of its Vision 2030 framework, while overall contract awards have declined sharply.
Qatar invests $7.5B in Egypt’s coastal development
Qatar is deepening its presence in Egypt after more than a decade of strained ties.
Saudi music is going global, Spotify says
The country’s musicians earned more than 13 million riyals ($3.5 million) in royalties last year, double 2022’s total.
Saudi Arabia boosts investment in art and fashion
The country’s cultural revolution means that public displays of music and art, which were forbidden just a few years ago, are now part of the mainstream.
Saudis cool on Western college degrees as local options rise
Saudis once saw Western degrees as a ticket to success. Now, safety, identity, and local opportunity are shifting the calculus.
Survey finds Gulf residents feel safe at night
Five of the world’s top 10 countries for feeling safe while walking alone at night are in the region.
Saudis prepare for the party of the year
Officially marking the unification of the country under the rule of King Abdulaziz in 1932, the holiday is now the party of the year.
Tom Brady comes out of retirement to play flag football in Saudi
The NFL athlete is the latest fading sports star to land a lucrative gig in the kingdom.