Saudi Amaala Becomes Standalone Company

Saudi Amaala Becomes Standalone Company
TT
20

Saudi Amaala Becomes Standalone Company

Saudi Amaala Becomes Standalone Company

Saudi Amaala announced it will be incorporated as a standalone company thus entering a new stage. Dubbed the ‘Riviera of the Middle East’, Amaala is a project launched by the Public Investment Fund (PIF) last year in northwest Saudi Arabia.

Amaala aims to set new standards in sustainable development while placing Saudi Arabia on the global hospitality map, offering a “vibrant and progressive destination for wellness, the arts, recreation.”

The 3,800 squared kilometer project is located within the Prince Mohammed bin Salman Natural Reserve and wants to blend wellness with creative and social offerings to take guests on journey of holistic self-transformation.

The development is slated to include the world’s top hotel brands with more than 2,500 rooms and over 800 residential villas, apartments, and estate homes. In addition, it will contain 200 high-end fashion and retail establishments, a contemporary art museum and a wide variety of galleries, ateliers, and artisan workshops, as well as signature dining and world-class marinas and sporting venues.

Amaala is one of the vital projects that was designed to elevate tourism and travel, and it will be a super luxury tourist destination over the Kingdom's Red Sea coast. It will also host various international facilities distributed on 3 sites through which guests and travelers will be able to enjoy the finest experiences of health, arts, culture, and sports.

Thanks to its pure ecosystem and world-class yacht facilities, visitors will be able to enjoy the diving and sailing season in the Mediterranean until September and beyond.

Also, given its proximity to major destinations in the region, including Riyadh, Dubai, and Istanbul, Amaala project is redefining the tourism experience by offering coordinated flights like never before.



Saudi Arabia, India Discuss Bolstering Bilateral Relations

Prince Mohammed bin Salman, Saudi Crown Prince and Prime Minister, and Indian Prime Minister Narendra Modi meet in Jeddah on Tuesday. (SPA)
Prince Mohammed bin Salman, Saudi Crown Prince and Prime Minister, and Indian Prime Minister Narendra Modi meet in Jeddah on Tuesday. (SPA)
TT
20

Saudi Arabia, India Discuss Bolstering Bilateral Relations

Prince Mohammed bin Salman, Saudi Crown Prince and Prime Minister, and Indian Prime Minister Narendra Modi meet in Jeddah on Tuesday. (SPA)
Prince Mohammed bin Salman, Saudi Crown Prince and Prime Minister, and Indian Prime Minister Narendra Modi meet in Jeddah on Tuesday. (SPA)

Prince Mohammed bin Salman, Saudi Crown Prince and Prime Minister, received in Jeddah on Tuesday Indian Prime Minister Narendra Modi for talks on regional developments and efforts exerted towards achieving security and stability.

The two leaders also discussed bilateral relations between their countries and means to develop them in various fields. They exchanged views on issues of common interest.

They later chaired the second meeting of the Saudi-Indian Strategic Partnership Council.

Modi had arrived in the Kingdom on an official visit earlier on Tuesday at the invitation of Crown Prince Mohammed. This is his second visit to Saudi Arabia in nine years following trips in 2016 and 2019.

“India values our historic relations with Saudi Arabia. Bilateral ties have gained significant momentum in the last decade,” Modi said in a statement ahead of departing for the Kingdom.

“Together, we have developed a mutually beneficial and substantive partnership including in the domains of defense, trade, investment, energy and people to people ties. We have shared interest and commitment to promote regional peace, prosperity, security and stability,” he added.

“I look forward to participating in the 2nd Meeting of the Strategic Partnership Council and build upon the highly successful State visit of my brother Crown Prince Mohammed bin Salman to India in 2023,” he continued.

“I am also eager to connect with the vibrant Indian community in Saudi Arabia that continues to serve as the living bridge between our nations and making immense contribution to strengthening the cultural and human ties,” he stressed.

“This visit will strengthen the friendship between India and Saudi Arabia,” Modi said in a post on the X platform upon arriving in the Kingdom.