Browsing: Million

Riyadh, February 16, 2026, SPA — Chairman of the Board of Directors of the General Entertainment Authority (GEA) Advisor Turki Alalshikh announced that the number of visitors to Riyadh Season in its sixth edition has reached 17 million, coinciding with the conclusion of the season’s activities, reflecting the significant turnout and wide public engagement witnessed since its launch. Launched last October, Riyadh Season delivered an integrated entertainment experience featuring diverse content across entertainment zones, theatrical productions, and major sporting events in various disciplines, including boxing, tennis, and snooker, a

AlUla, February 08, 2026, SPA — Islamic Development Bank (IsDB) Group President Dr. Muhammad Al-Jasser and Uzbekistan’s Deputy Prime Minister and Minister of Economy and Finance Jamshid Kuchkarov signed financing agreements to support key infrastructure and social development projects on the sidelines of the Second AlUla Conference on Emerging Market Economies. The two sides also held talks to expand cooperation between the IsDB and Uzbekistan, focusing on accelerating high-impact initiatives aligned with Uzbekistan’s national development priorities. The first agreement covers a $70 million phase of the IsDB’s total $192

Jeddah, January 22, 2026, SPA – In Islamabad, the Islamic Development Bank (IsDB) signed three financing agreements with the government of Pakistan, with a total value of $603.4 million. The agreements were signed by IsDB Vice President for Operations Dr. Rami Ahmad, in the presence of Federal Minister for Economic Affairs Ahad Khan Cheema and several other officials. The first agreement, valued at $118.4 million, will enable 68,500 households to improve their livelihoods by contributing significantly to job creation and human capital development. The second agreement finances the M6 Motorway project for $475 million, covering 120.8 km

Riyadh, January 21, 2026, SPA — The Esports World Cup Foundation, the global non-profit organization behind the Esports World Cup, announced a record prize pool of $75 million for the Esports World Cup 2026, which will be hosted in Riyadh from July 6 to August 23. The tournament is the largest esports tournament in the world, featuring over 2,000 professional players representing more than 200 clubs from about 100 countries, competing in 25 championships across 24 global games. The Esports World Cup Foundation’s Chief Executive Officer Ralf Reichert confirmed that the record prize pool aims to support players and clubs and to trans

Madinah, January 14, 2026, SPA — The 40th edition of the Economic Bulletin issued by the Al Madinah Al Munawarah Chamber highlights Madinah Region as a strategic hub for maritime transport and supply chains, benefiting from its prime location on the Red Sea coast and its key role in the Kingdom’s transport and logistics network, in line with Saudi Vision 2030 goals to diversify the economy and strengthen its position as a global logistics center. The bulletin noted that Madinah Region hosts two major ports in Yanbu Governorate: King Fahd Industrial Port and Yanbu Commercial Port. The ports are a key pillar of the Kingdom’s imp

Riyadh, January 12, 2026, SPA — The Transport General Authority (TGA) revealed Monday that the number of passengers who used public bus transport within the cities and governorates of the Kingdom exceeded 27.8 million during the fourth quarter of 2025. According to a statistical bulletin issued by TGA, Riyadh ranked first in terms of passenger numbers, recording more than 21.15 million passengers, followed by Makkah with 3.42 million, Jeddah with 1.19 million, while Dammam and Qatif recorded 836,000 passengers. Madinah logged 481,000 passengers, with the remaining figures distributed across several other cities and governorates, includ

Riyadh, November 26, 2025, SPA — The Ministry of Environment, Water and Agriculture announced that local olive production in the Kingdom has surged past 351,000 tons. This achievement is driven by an increase in cultivated areas across regions with substantial comparative production advantages, raising the total number of olive trees to nearly 21.5 million, including over 18 million fruit-bearing trees. On the occasion of World Olive Tree Day, observed annually on November 26, the ministry highlighted olives as a promising crop that plays a pivotal role in supporting sustainable economic and social development and enhancing food security,

DXB handled 63.8 million bags in the first nine months, up 6.2 per cent year-on-year, with 90 per cent delivered within 45 minutes The post Dubai International sees record quarterly traffic in Q3 2025 appeared first on Gulf Business.