萝莉视频

Here鈥檚 what to expect in 萝莉视频鈥檚 sky in the near future

Special Here鈥檚 what to expect in 萝莉视频鈥檚 sky in the near future
萝莉视频 is targeting handling 330 million passengers annually by 2030. Getty
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Updated 10 May 2025

Here鈥檚 what to expect in 萝莉视频鈥檚 sky in the near future

Here鈥檚 what to expect in 萝莉视频鈥檚 sky in the near future

RIYADH: Increased technology integration and greater connectivity over the next five years will see 萝莉视频 cement its position as a global aviation hub, experts have told Arab News.

In a comprehensive assessment of the Kingdom鈥檚 air sector, analysts and industry insiders have set out how investment in infrastructure, the roll out of new airlines, and a focus on sustainability will see 萝莉视频 reach its Vision 2030 goals.

The Kingdom is targeting handling 330 million passengers annually across 250 destinations by the end of the decade, as well as聽 transporting 4.5 million tonnes of cargo.

The industry laid the groundwork for this growth in 2024, achieving record-breaking results with the 94 million passengers transported representing聽 a 15 percent year-on-year increase, alongside a 10 percent rise in flight activity, and a 52 percent boost in air cargo, to reach nearly 1 million tonnes.

The International Air Transport Association鈥檚 Regional Vice President for Africa and the Middle East, Kamil Al-Awadhi told Arab News that the Kingdom is preparing for the aviation sector to play an even bigger role in its future.聽

鈥淥ver the next five years, we expect continued development in digitalization and connectivity, and for 萝莉视频 to be in an even stronger position as a global hub, driving economic and social growth for the Kingdom,鈥 he said.

Al-Awadhi also emphasized that the nation鈥檚 regulatory reforms and commitment to sustainability will be key factors in attracting international airline partnerships and investment.聽

He added: 鈥淕ACA鈥檚 (the General Authority of Civil Aviation) revision of its charging scheme, to make Saudi airports more competitive in the region, is a positive step, now and for the future. As is its establishment of an independent economic regulatory framework.鈥

The top official noted that 萝莉视频 is the first country in the Middle East and North Africa to do this, and encouraged others to follow.

Riyadh Air 鈥 a portal to the Kingdom

A key development in the sector is the highly anticipated debut of Riyadh Air, 萝莉视频鈥檚 new full-service airline, set to launch in 2025.聽

The company has made significant strides in preparation for its release, including major aircraft acquisitions, strategic alliances, and technological investments.

Mark Bothorn, principal of innovation practice at Arthur D. Little Middle East, highlighted that the launch of Riyadh Air is a 鈥渨atershed moment for 萝莉视频鈥檚 aviation sector 鈥 an event of this scale and significance happens perhaps once a decade.鈥

He added: 鈥淎s a full-service national flag carrier, Riyadh Air will not only enhance domestic connectivity but also position the Kingdom鈥檚 capital as a major global aviation hub.鈥

Bothorn further anticipated that the new national carrier would serve as an ambassador for 萝莉视频, embodying the nation鈥檚 vision through cutting-edge design, unparalleled guest experience, and world-class connectivity. 鈥淭he way the world perceives Riyadh will, in many ways, be shaped by the experiences this airline delivers,鈥 he added.




Mark Bothorn, principal of innovation practice at Arthur D. Little Middle East. Supplied

The airline has ordered 60 Airbus A321neo jets, with plans for additional wide-body aircraft this year. It has secured agreements with Singapore Airlines, Air China, and Delta Air Lines to enhance interline connectivity, codeshare operations, and frequent flyer benefits.

Riyadh Air is collaborating with Artefact to develop an advanced data analytics platform that aims to offer hyper-personalized services and seamless digital-first experiences. Its initial routes will connect 萝莉视频 to major cities in Europe, North America, and Asia, enhancing its international connectivity.




Riyadh Air plans to connect with more than 100 cities by 2030. Shutterstock

The Kingdom鈥檚 existing airlines are also undergoing significant transformations to cater to the growing demand and enhance international reach.聽

Saudia has placed a historic $19 billion order for 105 Airbus A320neo aircraft to expand its fleet, set for delivery starting in 2026.

Additionally, the airline is enhancing its maintenance and repair capabilities through a partnership with Air France-KLM. Flyadeal, Saudia鈥檚 budget airline, aims to double its fleet to 100 aircraft by 2030, offering affordable travel options across domestic and regional routes.

Flynas, the region鈥檚 top low-cost airline, secured a 280-aircraft deal, including Airbus A320neo and A330neo models, to support its aggressive expansion strategy. The airline also introduced new routes connecting 萝莉视频 to Africa and Europe.

Bothorn commented on the impact of heightened market contenders, saying: 鈥淚ncreased competition is always a catalyst for innovation and improvement, and in 萝莉视频鈥檚 aviation sector, it will lead to two transformative outcomes.鈥

First, enhanced connectivity will strengthen Riyadh鈥檚 position as a global business hub by providing seamless access to international markets through more flights and improved routing.

Second, Riyadh Air, unburdened by legacy systems, has the potential to redefine air travel, setting new benchmarks in passenger experience and efficiency, according to Bothorn.

Airport infrastructure soars聽

To handle the volume that new airlines will be attracting, 萝莉视频 is investing heavily in airport infrastructure.聽

King Salman International Airport in Riyadh is set to become one of the world鈥檚 largest airports, with ongoing developments led by global firms including Foster & Partners and Jacobs Engineering. The airport will increase its capacity to accommodate 120 million passengers by 2030.

King Khalid International Airport鈥檚 expansion includes upgrades to Terminals 1 and 2, increasing capacity to 14 million passengers annually. Saudia鈥檚 deal with German aerospace company Lilium NV will introduce 50 electric vertical takeoff and landing jets, making it the first airline in the region to invest in sustainable air travel.

Bothorn emphasized the impact of airport infrastructure advancements. 鈥淔or many travelers, the airport experience is often the most stressful part of a journey 鈥 navigating terminals, dealing with security bottlenecks, and enduring long waits.鈥

He added: 鈥淎 seamless integration between the airport and airlines can dramatically transform this, replacing frustration with efficiency and even moments of delight.鈥

Bothorn envisioned airports that proactively anticipate passenger needs, with real-time updates enabling travelers to relax in lounges or dine rather than wait at gates.




An impression of how聽King Salman International Airport will look when construction is completed. File

Investment turbines spin

萝莉视频鈥檚 business aviation sector is thriving, driven by an influx of high-net-worth individuals and economic expansion. The sector, valued at $1.2 billion in 2023, is expected to grow at an annual rate of 8.88 percent from 2025 to 2029.

GACA is further boosting this sector by removing restrictions on foreign on-demand charter flights, allowing international operators to enter the domestic private aviation market starting in May.

Infrastructure and transportation developments outlined in the 2025 Saudi budget report reinforce these aviation ambitions. The gross domestic product of the transportation and logistics sector grew by 6.4 percent in the first half of 2024.

Total investment contracts signed in this sector amounted to over SR200 billion ($53.3 billion). 萝莉视频 has also strengthened its global presence by securing key positions in international aviation organizations, including hosting the UNCTAD Global Supply Chain Forum in 2026 and chairing the Executive Council of the Arab Civil Aviation Organization.

To enhance aviation services, the Kingdom has looked to implement modern and eco-friendly transportation initiatives during the Hajj season, including self-driving taxis, smart delivery vehicles, and increased aircraft seat capacity for pilgrims. Performance-based operations and maintenance contracts have been executed to enhance asset management efficiency.

Plans for 2025 include SR42 billion allocated for the infrastructure and transportation sector, which will witness the launch of several travel lounges across international airports, licensing new national air carriers, and expanding public bus networks to improve intercity and regional connectivity.

Al-Awadhi of IATA further elaborated on the nation鈥檚 role in shaping global aviation policies. 鈥淢any countries in the region look to 萝莉视频 for developing their aviation sectors, so the Kingdom plays an important role in shaping regional policies.鈥

Recent work revamping economic regulation related to consumer protection, safety and security has been followed by other countries in the region, according to the top official.

鈥淲e鈥檙e stronger as an industry when standards are aligned, not just regionally but globally,鈥 he added.

Private jets and 萝莉视频鈥檚 aviation roadmap

萝莉视频 has made developing the private aviation market a key part of its roadmap for the sector, with the charter and corporate jet segments being supported by infrastructure upgrades such as six new general aviation airports.

The sector鈥檚 growth aligns with Vision 2030鈥檚 diversification efforts, particularly in tourism and entertainment, with destinations like AlUla and the Red Sea International Airport, capable of handling 1 million tourists annually, driving demand.聽

During 2024鈥檚 Future Aviation Forum, GACA unveiled a roadmap aimed at increasing the general aviation sector鈥檚 contribution to GDP, targeting a tenfold growth to reach $2 billion by 2030. The plan encompassed the business aircraft sector, including private charter flights and corporate aviation.

Sustainability is another focus, with GACA鈥檚 plan targeting net-zero emissions by 2060 through initiatives such as sustainable aviation fuel and AI-driven efficiency optimizations. However, challenges, including limited sustainable aviation fuel supply, remain.聽




The International Air Transport Association鈥檚 Regional Vice President for Africa and the Middle East Kamil Al-Awadhi. Supplied

Sustainable skies ahead

IATA鈥檚 Al-Awadhi highlighted the recent deal between Red Sea Global and daa International to introduce sustainable aviation fuel at Red Sea International Airport as 鈥渁 positive step for 萝莉视频 and the region鈥 when it comes to developing a more ecologically friendly sector.

The 35 percent SAF blend, supplied by Arabian Petroleum Supply Co., reduces aircraft emissions by up to 35 percent per flight, aligning with RSG鈥檚 broader sustainability efforts, including 400 megawatt-peak of solar installations and plans to plant 50 million mangroves by 2030.

The airport, operational from 2023 and with international flights beginning in 2024, serves the growing Red Sea destination, set to feature 50 resorts by 2030.

The next five years will bring transformative benefits for travelers flying to and from 萝莉视频. Expanded airline networks will improve connectivity, reduce layovers, and increase travel convenience.

The rise of low-cost carriers like flyadeal and flynas means more budget-friendly flights for domestic and international routes. AI-driven services, biometric security checks, and world-class airport infrastructure will streamline travel, making it more efficient and comfortable.

鈥淓xpect nothing short of a revolution in the way people travel,鈥 Bothorn said. He explained that long queues at security and immigration, endless gate waits, and the anxiety of either rushing through the airport or arriving far too early 鈥渨ill become relics of the past.鈥 He projected air travel to become more intuitive and enjoyable.

Al-Awadhi added that 萝莉视频 is investing heavily in digital processing of passengers and integrating latest technologies at airports.聽

鈥淲e can certainly expect better passenger experience and customer service,鈥 he said, adding: 鈥淎irlines are also updating their fleets so travelers will be flying on the latest aircrafts, enjoying what new technologies have to offer. Improved connectivity will provide travelers with more choices, enhancing the overall customer experience.鈥

Investments in eVTOL aircraft and eco-friendly practices signal a shift toward greener aviation. 萝莉视频 is undergoing a historic transformation in its aviation sector, with massive investments, strategic expansions, and cutting-edge innovations that will redefine the travel experience.

By 2030, the Kingdom aims to be a premier global aviation hub, offering world-class connectivity, seamless air travel, and state-of-the-art airport facilities.


Saudi ports鈥 transshipment jumps 15% in August: Mawani

Saudi ports鈥 transshipment jumps 15% in August: Mawani
Updated 11 sec ago

Saudi ports鈥 transshipment jumps 15% in August: Mawani

Saudi ports鈥 transshipment jumps 15% in August: Mawani
  • Overall container throughput increased by 9.5% to 750,634 TEUs
  • Total cargo throughput fell 12.44% to 20.2 million tonnes

JEDDAH: 萝莉视频鈥檚 ports handled a surge in transshipment activity in August, with volumes climbing 14.7 percent year on year to 189,407 twenty-foot equivalent units, underscoring the Kingdom鈥檚 rising role as a global trade hub. 

Overall container throughput increased by 9.5 percent to 750,634 TEUs, the Saudi Ports Authority, known as Mawani, said in a press release.

Export containers advanced 7.95 percent to 279,550 TEUs, while imports grew 7.8 percent to 281,677 TEUs. 

The boost supports 萝莉视频鈥檚 National Transport and Logistics Strategy, a key pillar of Vision 2030 aimed at positioning the Kingdom as a leading logistics center linking Asia, Europe, and Africa. 

Mawani said the rise in container throughput supports trade flows, maritime industries, tourism, supply chains, and food security, delivering broad economic benefits to the Kingdom. 

鈥淢aritime traffic also witnessed an increase of 13.16 percent, with 1,118 vessels received, compared to 988 vessels in the same month last year,鈥 Mawani said.

Total cargo throughput fell 12.44 percent to 20.2 million tons. General cargo accounted for 1.08 million tons, dry bulk for 4.58 million tons, and liquid bulk for 14.54 million tons. The ports also received 494,950 head of cattle, a 17.2 percent increase from a year earlier.

Passenger numbers surged 70.1 percent to 85,636, up from 50,345 in the same month last year, while vehicles handled increased 4.27 percent to 107,826, compared with 103,411 a year earlier. 

The August performance followed steady gains earlier this year. In July, Saudi ports handled 722,502 TEUs, up 12 percent year on year, driven by a 35 percent jump in transshipment volumes. In May, throughput rose 13 percent to 720,684 TEUs. 

Earlier this month, Mawani announced the launch of the GS2/KMP shipping service by the Premier Alliance, comprising Hyundai Merchant Marine, Ocean Network Express, and Yang Ming, at King Abdulaziz Port in Dammam and Jubail Commercial Port. 

The service connects 萝莉视频 with 18 international destinations, including Singapore, Shanghai, Busan, Long Beach, and Jebel Ali, with a total capacity of up to 16,000 TEUs.

In parallel, Mawani is strengthening regional partnerships to boost industrial growth. Its president, Suliman Mazroua, met with Hussein bin Yahya Fadli, CEO of Jazan City for Primary and Downstream Industries, to explore joint investment projects and enhance Jazan Port鈥檚 role as a leading industrial hub. 

He also briefed Jazan鈥檚 Gov. Prince Mohammed bin Abdulaziz bin Mohammed on the role of ports in supporting global trade and reinforcing the national economy.


萝莉视频鈥檚 real GDP expands 3.9% in Q2 on non-oil activities: GASTAT

萝莉视频鈥檚 real GDP expands 3.9% in Q2 on non-oil activities: GASTAT
Updated 08 September 2025

萝莉视频鈥檚 real GDP expands 3.9% in Q2 on non-oil activities: GASTAT

萝莉视频鈥檚 real GDP expands 3.9% in Q2 on non-oil activities: GASTAT
  • Oil activities led the expansion with a 5.6% increase
  • Non-oil sectors contributed 2.6 percentage points to overall GDP growth

RIYADH: 萝莉视频鈥檚 economy expanded 3.9 percent in the second quarter of the year, fueled by robust non-oil activity that extended its growth streak to 18 consecutive quarters, official data showed.

The Kingdom鈥檚 non-oil activities grew by 4.6 percent year on year in the April鈥揓une period, underlining the progress of Vision 2030 reforms aimed at diversifying the economy away from oil dependence, according to estimates from the General Authority for Statistics.

The latest gross domestic product figures align with projections from the International Monetary Fund, which in August forecast the Saudi economy to expand by 3.6 percent this year before accelerating to 3.9 percent in 2026. 

鈥淩eal GDP grew 3.9 percent in the second quarter of 2025 compared to the same quarter of 2024, while seasonally adjusted real GDP rose by 1.7 percent compared to the first quarter of 2025,鈥 GASTAT said in its latest report. 

鈥淎ll main economic activities increased year-on-year, with non-oil up 4.6 percent, oil up 3.8 percent, and government up 0.6 percent,鈥 it added.

Quarterly, oil activities led the expansion with a 5.6 percent increase, while non-oil advanced 0.8 percent and government activities slipped 0.8 percent.

The authority said non-oil sectors contributed 2.6 percentage points to overall GDP growth, followed by oil at 0.9 points, and net taxes on products at 0.3 points.

Among individual sectors, electricity, water and gas activities expanded 10.3 percent year on year in the second quarter, while finance, insurance and business services grew 7 percent. Wholesale and retail trade, along with restaurants and hotels, rose 6.6 percent.

In May, GASTAT reported that the economy grew 2.7 percent year on year in the first quarter, also driven by strong non-oil momentum.

Commenting on the first quarter performance at the time, Minister of Economy and Planning Faisal Alibrahim, who chairs GASTAT鈥檚 board, said non-oil activities accounted for 53.2 percent of economic output, an increase of 5.7 percent from previous estimates.

He added that 萝莉视频鈥檚 outlook remains positive, supported by structural reforms and large-scale state-led projects across multiple sectors. 


Closing Bell: Saudi main index slips to 10,593

Closing Bell: Saudi main index slips to 10,593
Updated 07 September 2025

Closing Bell: Saudi main index slips to 10,593

Closing Bell: Saudi main index slips to 10,593
  • Parallel market Nomu fell 0.13% to close at 25,525.29
  • MSCI Tadawul Index declined 0.45% to end at 1,375.58

RIYADH: 萝莉视频鈥檚 Tadawul All Share Index slipped on Sunday, losing 61.64 points, or 0.58 percent, to close at 10,593.97. 

The total trading turnover for the benchmark index was SR2.20 billion ($587 million), with 93 stocks advancing and 153 retreating. 

The Kingdom鈥檚 parallel market Nomu fell 34.30 points, or 0.13 percent, to close at 25,525.29, as 34 stocks advanced and 48 retreated. 

The MSCI Tadawul Index declined 6.21 points, or 0.45 percent, to end at 1,375.58. 

The day鈥檚 top performer was Thimar Development Holding Co., whose share price rose 10 percent to SR50.05. Other notable gainers included Saudi Fisheries Co., up 9.95 percent to SR96.65, and Ash-Sharqiyah Development Co., which rose 7.41 percent to SR16.82. 

On the downside, Arriyadh Development Co. recorded the largest drop, falling 5.70 percent to SR31.42, followed by Al Sagr Cooperative Insurance Co., down 5 percent to SR12.16, and Obeikan Glass Co., which declined 4.12 percent to SR26.50. 

On the announcement front, LADUN Investment Co. said it had been awarded the Mishraqiya Villas Development Project in Riyadh in partnership with the National Housing Co., with an estimated value of SR446 million. 

According to a Tadawul statement, LADUN will develop over 400 residential villas on a land area of approximately 100,440 sq. meters. The company will provide future updates regarding the sub-development contract with NHC. 

LADUN closed at SR2.59, down 3 percent. 

Qomel Co. signed a memorandum of understanding with NUPCO 鈥 Waymade PLC, establishing a framework to ensure consistent supply, enhance supply chain efficiency, prioritize registration of new products in 萝莉视频, and promote knowledge exchange between the parties. 

The one-year MoU is non-binding and does not create a partnership or agency relationship. A joint working team will be formed within 14 days to create a detailed work plan, with final agreements announced upon signing. 

Qomel ended the session at SR49.80, unchanged. 


萝莉视频 opens September 鈥楽ah鈥 sukuk at 4.88% yield

萝莉视频 opens September 鈥楽ah鈥 sukuk at 4.88% yield
Updated 07 September 2025

萝莉视频 opens September 鈥楽ah鈥 sukuk at 4.88% yield

萝莉视频 opens September 鈥楽ah鈥 sukuk at 4.88% yield
  • Subscription is available exclusively to Saudi nationals aged 18 and above
  • Minimum subscription is SR1,000

RIYADH: 萝莉视频 launched the September subscription window for its government-backed 鈥淪ah鈥 savings sukuk, offering investors a fixed annual return of 4.88 percent. 

The subscription period opened at 10 a.m. on Sept. 7 and is available exclusively to Saudi nationals aged 18 and above through approved platforms including SNB Capital, Aljazira Capital, Alinma Investment, SAB Invest, and Al-Rajhi Capital, according to the National Debt Management Center. 

As with earlier offerings, the product is Shariah-compliant, denominated in riyals, and carries a one-year maturity, with fixed returns paid at redemption. Minimum subscription is SR1,000 ($266) and capped at SR200,000 per individual. 

The sukuk, part of the 2025 issuance calendar managed by the Finance Ministry鈥檚 NDMC, is designed to deepen the domestic savings market and widen financial inclusion. 

Launched under the Financial Sector Development Program, a core element of Vision 2030, Sah targets lifting the national savings rate to 10 percent by 2030, from about 6 percent to date. 

The sukuk is designed as a secure, low-risk savings instrument, with no fees and easy redemption, aligning returns with prevailing market benchmarks. Allocation is scheduled for Sept. 16, while redemption will run from Sept. 21鈥24, with proceeds disbursed on Sept. 29. 

萝莉视频 has committed to making monthly issuances under the Sah program, with yields set in line with funding costs and market liquidity conditions to ensure attractiveness for retail investors. 

Last month, the Kingdom opened the August subscription window for its government-backed savings sukuk, offering an annual return of 4.97 percent, up from 4.88 percent in July. 

According to NDMC, the sukuk program also strengthens collaboration with private-sector institutions, including banks, asset managers, and fintech firms, as 萝莉视频 seeks to expand access to savings products and diversify its financial ecosystem. 

The Sah sukuk is becoming increasingly popular among younger investors seeking Shariah-compliant, stable returns, highlighting the government鈥檚 push to cultivate a savings culture and expand participation in domestic capital markets. 

Last week, NDMC completed the issuance of a $5.5 billion international sukuk under the Kingdom鈥檚 Global Trust Certificate Issuance Program.

The offering, the country鈥檚 first international sukuk based on an Ijarah structure, was issued in two tranches. The five-year sukuk maturing in 2030 raised $2.25 billion, while the 10-year tranche maturing in 2035 secured $3.25 billion. 

Investor demand was strong, with the order book reaching about $19 billion 鈥 3.5 times the issuance size 鈥 underscoring global confidence in the Kingdom鈥檚 economic fundamentals and investment outlook, NDMC said. 


Arab Energy Fund raises $600m in bond sale amid heavy market supply聽

Arab Energy Fund raises $600m in bond sale amid heavy market supply聽
Updated 07 September 2025

Arab Energy Fund raises $600m in bond sale amid heavy market supply聽

Arab Energy Fund raises $600m in bond sale amid heavy market supply聽

RIYADH: The Arab Energy Fund, a multilateral banking institution, sold $600 million of bonds after drawing robust demand that allowed it to tighten pricing despite one of the busiest weeks for new debt globally. 

The five-year notes, priced at the Secured Overnight Financing Rate plus 75 basis points, will mature in February 2031, the Riyadh-headquartered lender said in a statement. Investor orders were twice the planned size, prompting the fund to upsize the deal to $600 million. 

This was TAEF鈥檚 fourth public benchmark issuance in 2025, highlighting its continued presence in international markets. The broad investor interest reflects its growing role in financing the region鈥檚 energy sector. 

Vicky Bhatia, chief finance officer of The Arab Energy Fund. Supplied

鈥淭his issuance is a testament of investors鈥 confidence in The Arab Energy Fund鈥檚 solid credit profile,鈥 said Vicky Bhatia, chief finance officer of The Arab Energy Fund. 鈥淭heir continued trust has enabled us to reprice our curve in line with our funding strategy.鈥 

Investor appetite helped TAEF price the bonds about 20 basis points inside prevailing secondary levels, even as more than 40 other deals were announced globally around the same time. The transaction also saw 10 basis points of tightening during book-building. 

Buyers included central banks, sovereign wealth funds, supranational institutions and agencies, with strong participation from both the Middle East and North Africa and international investors. 

Established in 1974 by ten Arab oil exporters, TAEF provides debt and equity financing across the energy value chain and has integrated environmental, social and governance practices into its $5.8 billion loan portfolio.

At the corporate level, the Fund has adopted broad ESG practices that are embedded across its portfolio, workforce and operations. These include $1.3 billion in sustainability-linked financing within a $5.8 billion loan book. 

The fund holds long-term credit ratings of Aa2 from Moody鈥檚, AA+ from Fitch and AA- from S&P 鈥 the highest for any energy-focused financial institution in the Middle East and North Africa.