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Business 11 Aug 2020 | 7:00 AM

Saudi’s tourism landmark Al-Ula signs deal with Accor

RIYADH: Saudi Arabia has agreed with Europe’s biggest hotel group Accor for the group to expand and operate a resort at the US$20bil Al-Ula tourism project in the kingdom’s northwestern region, the Royal Commission for the project said.

Investment 04 Jul 2020 | 7:00 AM

Saudi Arabia’s US$20bil megaproject won’t slow

RIYADH: Saudi Arabia is pushing ahead with a US$20bil tourism and culture project in its capital despite the kingdom’s fiscal crisis, counting on a rebound in pent-up consumer spending when the global pandemic abates.