First Direct European Flight Lands at Red Sea International Airport

The Red Sea destination currently includes nine luxury hotels welcoming guests, in addition to the exclusive Thuwal Private Resort off the coast of Jeddah - SPA
The Red Sea destination currently includes nine luxury hotels welcoming guests, in addition to the exclusive Thuwal Private Resort off the coast of Jeddah - SPA
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First Direct European Flight Lands at Red Sea International Airport

The Red Sea destination currently includes nine luxury hotels welcoming guests, in addition to the exclusive Thuwal Private Resort off the coast of Jeddah - SPA
The Red Sea destination currently includes nine luxury hotels welcoming guests, in addition to the exclusive Thuwal Private Resort off the coast of Jeddah - SPA

Red Sea Global announced the arrival of the first direct European flight to Red Sea International Airport, marking a new strategic milestone in the development of Saudi Arabia’s tourism sector and its global connectivity, in alignment with the goals of Saudi Vision 2030.

According to a press release issued by the Red Sea Global on Thursday, the inaugural flight departed from Milan, Italy, establishing a direct air link between Europe and Saudi Arabia’s Red Sea coast, SPA reported.

This new route enables European travelers to easily access the Red Sea and AMAALA destinations, and enjoy luxurious, nature-immersive experiences—whether aboard Beond’s premium aircraft or through the world-class facilities at Red Sea International Airport, designed to reflect the local environment.

The release added that the route was officially launched during a signing ceremony held as part of the TOURISE Global Tourism Summit in Riyadh, reflecting the strong collaboration between partners driving a new era of luxury travel to the Kingdom.

On this occasion, Group Chief Executive Officer of Red Sea Global John Pagano stated: "The launch of the direct Milan route marks a pivotal moment in our journey toward a more globally connected future. It reflects our commitment to offering exceptional luxury tourism experiences rooted in innovation."

The Red Sea destination currently includes nine luxury hotels welcoming guests, in addition to the exclusive Thuwal Private Resort off the coast of Jeddah.

Earlier this week, the company unveiled the AMAALA destination, which will open six world-class luxury resorts in its first phase, alongside a yacht club, the Coralium Marine Life Institute, a state-of-the-art marina, and a vibrant marina village in the coming weeks.



Gold, Silver Hit Records After US Probe Targets Fed

FILE - An employee of Pro Aurum gold house lifts 1 Kg silver bars of 999.9 purity besides 1 Kg gold bars in the safe deposit boxes room in Munich, Germany, Friday, April 25, 2025. (AP Photo/Matthias Schrader, File)
FILE - An employee of Pro Aurum gold house lifts 1 Kg silver bars of 999.9 purity besides 1 Kg gold bars in the safe deposit boxes room in Munich, Germany, Friday, April 25, 2025. (AP Photo/Matthias Schrader, File)
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Gold, Silver Hit Records After US Probe Targets Fed

FILE - An employee of Pro Aurum gold house lifts 1 Kg silver bars of 999.9 purity besides 1 Kg gold bars in the safe deposit boxes room in Munich, Germany, Friday, April 25, 2025. (AP Photo/Matthias Schrader, File)
FILE - An employee of Pro Aurum gold house lifts 1 Kg silver bars of 999.9 purity besides 1 Kg gold bars in the safe deposit boxes room in Munich, Germany, Friday, April 25, 2025. (AP Photo/Matthias Schrader, File)

Gold and silver surged to record highs after the US Justice Department targeted the Federal Reserve in an investigation, fueling fears over the bank's independence and raising demand for safe haven assets.

Gold vaulted toward $4,600 an ounce and silver approached $85 for the first time after Fed chair Jerome Powell warned a potential criminal indictment is part of President Donald Trump's pressure campaign on monetary policy decisions.


Saudi Arabia, Japan Sign Memorandum on Peaceful Use of Space

The Saudi Space Agency signed a memorandum of cooperation with the Japanese government on the peaceful use of outer space. (SPA)
The Saudi Space Agency signed a memorandum of cooperation with the Japanese government on the peaceful use of outer space. (SPA)
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Saudi Arabia, Japan Sign Memorandum on Peaceful Use of Space

The Saudi Space Agency signed a memorandum of cooperation with the Japanese government on the peaceful use of outer space. (SPA)
The Saudi Space Agency signed a memorandum of cooperation with the Japanese government on the peaceful use of outer space. (SPA)

The Saudi Space Agency signed a memorandum of cooperation with the Japanese government on the peaceful use of outer space on the sidelines of the Saudi-Japan Ministerial Investment Forum.

The memorandum was signed with Japan’s Cabinet Office, the Ministry of Education, Culture, Sports, Science and Technology, and the Ministry of Economy, Trade and Industry, the Saudi Press Agency reported on Monday.

Minister of Communications and Information Technology and Chairman of the Board of the Saudi Space Agency Abdullah Alswaha represented the agency during the signing.

The move underscores the Kingdom’s commitment to enhancing international cooperation in peaceful space activities and supporting strategic partnerships in the sector. It aims to establish a framework for cooperation in space science and technology, capacity building, and the exchange of expertise, contributing to the development of the space sector and promoting the peaceful uses of outer space.

The Saudi Space Agency affirmed that the agreement builds on the Kingdom’s ongoing efforts to strengthen international partnerships in the space sector and to play an active role in shaping a global space ecosystem that supports research and innovation and serves humanity.


Saudi-Canadian Business Forum Explores Opportunities to Strengthen Investment

The Saudi-Canadian Business and Investment Forum was held on Sunday. (SPA)
The Saudi-Canadian Business and Investment Forum was held on Sunday. (SPA)
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Saudi-Canadian Business Forum Explores Opportunities to Strengthen Investment

The Saudi-Canadian Business and Investment Forum was held on Sunday. (SPA)
The Saudi-Canadian Business and Investment Forum was held on Sunday. (SPA)

The Saudi-Canadian Business and Investment Forum was held on Sunday in Riyadh under the “Invest Saudi” umbrella, with the participation of Minister of Investment Eng. Khalid Al-Falih, Canadian Minister of International Trade Maninder Sidhu, and several senior officials and representatives from major companies in both countries.

The forum reviewed prospects for investment partnerships across a number of key sectors, including digital transformation, infrastructure, defense, and other areas of mutual interest, with a focus on strengthening cooperation and increasing investment flows between Saudi and Canadian companies, the Saudi Press Agency reported.

Six memoranda of understanding were signed during the forum in the fields of communications, information technology, cybersecurity, education, and manufacturing. In addition, private-sector workshops were held to facilitate dialogue between investors, exchange expertise, and explore opportunities for joint ventures and long-term cooperation.