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SAUDI ARABIA EMARATES BAHRAIN KUWAIT OMAN QATAR

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Press Dossier

By Date

28/03/2026

	50 new hotels planned in Saudi Arabia by 2029 under $1bn project Executives announced at the Future Investment Initiative annual conference in Miami on Thursday the launch of AYARA, a hospitality platform and business partnership that plans to develop a network of 50 international, brand-name business hotels across Saudi Arabia by 2029.
	Saudi POS spending holds near $4bn Saudi Arabia’s point-of-sale transactions held near the $4 billion mark in the week ended March 21, underscoring resilient consumer spending even as overall activity declined.
	High airfares threaten to ruin holiday season, rising by up to 560% Travelers hoping for lower long-haul flight prices this summer are in for a rude awakening.
	Saudi investment strategies unimpacted by Mideast wars: PIF governor The chairman of Saudi Aramco and governor of the Kingdom’s Public Investment Fund gave assurances at the Future Investment Initiative’s Priority Summit that the current Middle East wars have not impacted the country’s vision for growth and engagement.
	Latin America emerges as new frontier for investment opportunities, FII summit hears Brazil and several Latin American countries have become the “epicenter of innovation” and investment, representatives from more than 100 countries declared at the fourth edition of the FII Priority Summit, which opened on Wednesday in Miami.
	Saudi Arabia and Ukraine sign defense procurement agreement Saudi Arabia’s Ministry of Defense signed a memorandum of understanding with Ukraine on Friday covering defense procurement arrangements.

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