Saudi Crown Prince Launches ‘The Journey Through Time’ Masterplan for AlUla

“The Journey Through Time” represents a key milestone in the transformation of AlUla into a global destination for heritage. (SPA)
“The Journey Through Time” represents a key milestone in the transformation of AlUla into a global destination for heritage. (SPA)
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Saudi Crown Prince Launches ‘The Journey Through Time’ Masterplan for AlUla

“The Journey Through Time” represents a key milestone in the transformation of AlUla into a global destination for heritage. (SPA)
“The Journey Through Time” represents a key milestone in the transformation of AlUla into a global destination for heritage. (SPA)

Saudi Crown Prince Mohammed bin Salman, Chairman of the Royal Commission for AlUla, launched on Wednesday a visionary masterplan that sets to responsibly and sustainably develop the core historical area of AlUla, a unique cultural landscape located in northwestern Arabia.

“The Journey Through Time” represents a key milestone in the transformation of AlUla into a global destination for heritage, culture and nature, and contributes to the advancement of Saudi Arabia’s Vision 2030.

Under the leadership of the Crown Prince and the guidance of Prince Badr, the Saudi Minister of Culture, and the Governor of the Royal Commission for AlUla (RCU), the plan will be implemented in three phases until 2035, with the first phase set to be completed by 2023.

The masterplan represents the first phase of a wider development strategy for AlUla, which is being overseen by the RCU. Upon completion in 2035, the Commission aims to create 38,000 new jobs amid a population grown to 130,000, with AlUla contributing SAR 120 billion to the Kingdom’s GDP.

The masterplan draws on the deep-rooted essence of what AlUla already is – an oasis of unique culture, heritage, nature, and community – promoting the inclusion of the local community in AlUla’s development process to inform the future and open new chapters in AlUla’s unfolding history.

As part of the masterplan, five districts spanning the 20km heart of AlUla will serve as waypoints on the “Journey Through Time”, representing a Living Museum.

The five key districts envisioned in the masterplan include the AlUla Old Town, Dadan, Jabal Ikmah, Nabataean Horizon and Hegra Historical City.

Each of these districts is a cultural landmark in its own right and reflective of the topography and nature that is unique to each location. The highly differentiated experiences and cultural assets are designed to be visitor-centric, rewarding more immersive discovery of the region’s rich culture and history.

Fifteen new cultural assets including museums, galleries and cultural centers are planned as part of the masterplan, serving as landmarks across each district. Besides, 5,000 room keys will also be added, with each district offering its tailored blend of living and hospitality options, ranging from hotels and eco-tourism resorts to exclusive lodges and canyon farms carved into the sandstone rocks.

The Kingdoms Institute, one of the plan’s flagship components, will be a global hub for archaeological knowledge and research dedicated to the cultures and civilizations that have inhabited this area for more than 7,000 years. This includes the ancient kingdoms of Dadan and Lihyan and the magnificent Nabataeans, who built the city of Hegra, a UNESCO World Heritage Site.

The masterplan offers several sustainable mobility solutions to help visitors traverse each of the districts, to minimize road congestion and noise levels. A scenic roadway as well as bicycle, equestrian, and pedestrian trails will promote a smooth and experiential approach to mobility, championing low-carbon journeys.

Reflecting AlUla’s standing as a historic crossroads and the cultural center of northwestern Arabia, the historical tramway will ensure that visitors enjoy a memorable and historically stimulating experience, connecting from AlUla’s International Airport to the five districts.

The masterplan also serves as an investment in AlUla’s citizens and their future, emphasizing RCU’s commitment to community inclusivity. Fully embedded within the plan, new community-driven services, amenities as well as cultural and educational facilities will together promote the development of the local tourism, cultural and agricultural economies for AlUla, helping to nurture a thriving and vibrant society in a great place to live, work and explore. Also, the masterplan will contribute to the revitalization and rehabilitation of the cultural oasis, and the sustainable development of its agricultural community, as a commitment to developing the agricultural sector in AlUla.

Reinforcing Saudi Arabia’s renewed commitment to the preservation and protection of world heritage, knowledge and research, the masterplan is backed by extensive scientific studies on AlUla’s human patterns, environmental and geological evolution, led by a team of international and Saudi experts over three years. It seeks to achieve the concept of coexistence with nature and to celebrate the cultural and historical heritage of AlUla.

As a direct result, the revitalization of AlUla's cultural oasis and the sustainable development of its community is an integral part of the plan, in response to the challenges of sustainably and responsibly developing in a fragile desert environment. At the heart of this are several robust resiliency policies, including circularity commitments, as well as flood and improved water management and sustainable agricultural production.

Together, the two flagship projects of the masterplan – the Kingdoms Institute and the Cultural Oasis – reflect Saudi Arabia’s commitment to offering the world a viable model for protecting, preserving and contributing to the world’s cultural and natural legacy.

Solid policies have been adopted regarding development in heritage and environmentally sensitive areas, development of AlUla community, sustainable agricultural production, improvement of water management, in addition to promoting the principles of circular economy in the masterplan.

Contributing to the Saudi Green Initiative, the regeneration of AlUla is underpinned by a strategy to rehabilitate the land and reverse the course of desertification in the area. Enabling a major expansion of AlUla’s green and open spaces up to 10 million square meters, 80 percent of AlUla province is also being designated as nature reserves with key flora and fauna reintroduced, as well as the conservation of wild animals.

This will be achieved through income generated by welcoming two million visitors annually, offering over 9,000 hotel keys in total across the six areas, and further promoting agriculture, arts and culture, and tourism as key economic drivers for AlUla. Unique opportunities brought on by the development of the masterplan will further encourage and accelerate business and investment from partners who share RCU’s values of sustainability, responsible development and community inclusivity.



ECB President Lagarde Reportedly Plans to Quit Before Macron's Term Ends

FILE PHOTO: European Central Bank (ECB) President Christine Lagarde addresses the press following the ECB's Governing Council meeting, at the ECB headquarters in Frankfurt, Germany, February 5, 2026. REUTERS/Jana Rodenbusch/File Photo
FILE PHOTO: European Central Bank (ECB) President Christine Lagarde addresses the press following the ECB's Governing Council meeting, at the ECB headquarters in Frankfurt, Germany, February 5, 2026. REUTERS/Jana Rodenbusch/File Photo
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ECB President Lagarde Reportedly Plans to Quit Before Macron's Term Ends

FILE PHOTO: European Central Bank (ECB) President Christine Lagarde addresses the press following the ECB's Governing Council meeting, at the ECB headquarters in Frankfurt, Germany, February 5, 2026. REUTERS/Jana Rodenbusch/File Photo
FILE PHOTO: European Central Bank (ECB) President Christine Lagarde addresses the press following the ECB's Governing Council meeting, at the ECB headquarters in Frankfurt, Germany, February 5, 2026. REUTERS/Jana Rodenbusch/File Photo

European Central Bank President Christine Lagarde plans to leave her job before next year's French presidential election to allow Emmanuel Macron to have an input into picking her successor, the Financial Times reported on Wednesday.

Lagarde's term is due to end in October 2027 but some fear that the far right may win the French presidential race ‌in the spring of ‌2027, complicating the selection for the ‌new ⁠leader of Europe's most ⁠important financial institution.

Citing a person familiar with the matter, the FT said Lagarde has not yet decided on the exact timing of her departure but was keen on Macron and German Chancellor Friedrich Merz to be the key deciders in who succeeds her. Macron cannot run again for a third term.

"President Lagarde is ⁠totally focused on her mission and has not ‌taken any decision regarding the end ‌of her term," Reuters quoted an ECB spokesperson as saying.

The FT report comes only ‌a week after Bank of France Governor Francois Villeroy de Galhau ‌said he would step down in June this year, more than a year before the end of his term, allowing Macron to name his replacement before the presidential election that the far-right could win.

While it ‌will be up to all leaders from the 21-nation euro zone to pick Lagarde's successor, ⁠past practice ⁠suggests that any successful candidate must have both German and French support to clinch the role.

There are no formal candidates for the job yet but several names have been floating among ECB circles as potential ECB presidents. The most prominent among these are former Dutch central bank chief Klaas Knot and Bank for International Settlements General Manager Pablo Hernandez de Cos.

Lagarde's non-renewable term at the ECB runs until October 31, 2027. Prior to heading the ECB, she was managing director of the International Monetary Fund from 2011 to 2019 and before that, the French finance minister.


UK Inflation Falls to 3.0% in January

Pedestrians cross Westminster Bridge in front of Parliament during the early morning hours in London, Tuesday, Feb. 10, 2026.(AP Photo/Kin Cheung)
Pedestrians cross Westminster Bridge in front of Parliament during the early morning hours in London, Tuesday, Feb. 10, 2026.(AP Photo/Kin Cheung)
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UK Inflation Falls to 3.0% in January

Pedestrians cross Westminster Bridge in front of Parliament during the early morning hours in London, Tuesday, Feb. 10, 2026.(AP Photo/Kin Cheung)
Pedestrians cross Westminster Bridge in front of Parliament during the early morning hours in London, Tuesday, Feb. 10, 2026.(AP Photo/Kin Cheung)

Britain's annual ‌rate of consumer price inflation fell to 3.0% in January from 3.4% in December, official figures showed on Wednesday.

A Reuters poll of economists had shown a median forecast of 3.0% in January and the Bank of England projected earlier this month that the headline measure of inflation would slow to ‌2.9%.

British inflation ‌has run higher than in ‌the ⁠United States and in ⁠the euro zone where it stood at 2.4% and 1.7% respectively in January.

But the BoE expects the pace of price rises to slow sharply to almost its 2% target in ⁠April as last year's rises ‌in utility costs and ‌other government-controlled tariffs fall out of ‌the annual comparison.

Investors expect the central bank ‌to cut its benchmark interest rate to 3.5% at its next meeting in March after a tight vote to keep borrowing costs ‌on hold in February although some policymakers remain worried about underlying ⁠inflation ⁠pressure.

Financial markets on Tuesday also priced a second quarter-point interest rate cut by the BoE by the end of in 2026.

ONS data last week painted a downbeat picture of Britain's economy at the end of 2025 with output barely growing. Figures released on Tuesday showed the labor market was still losing jobs although there were some signs of a stabilization.


Riyadh to Host Middle East’s Largest General Aviation Airshow in November 

The AERO Middle East x Sand & Fun 2026 will be held in Riyadh from November 24 to 28. (SPA)
The AERO Middle East x Sand & Fun 2026 will be held in Riyadh from November 24 to 28. (SPA)
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Riyadh to Host Middle East’s Largest General Aviation Airshow in November 

The AERO Middle East x Sand & Fun 2026 will be held in Riyadh from November 24 to 28. (SPA)
The AERO Middle East x Sand & Fun 2026 will be held in Riyadh from November 24 to 28. (SPA)

The Saudi Aviation Club announced that it will organize the AERO Middle East x Sand & Fun 2026 in Riyadh from November 24 to 28, reported the Saudi Press Agency on Tuesday.

The event is set to be the largest of its kind for general aviation in the Middle East, combining international business, investment, and innovation with live flying displays and interactive public experiences. It is being held in partnership with Messe Frankfurt Saudi Arabia.

Held at Thumamah Airport, the exhibition will bring together leading global companies operating in the general aviation industry, including aircraft and components manufacturers, avionics and navigation systems providers, as well as maintenance, repair, and overhaul (MRO) companies, offering an integrated platform that covers the full value chain of the sector.

The event will also spotlight startups in advanced air mobility (AAM) and innovators of electric vertical take-off and landing (eVTOL) aircraft, showcasing technologies and business models shaping the future of aviation.

General Supervisor of the Saudi Aviation Club Dr. Ahmed Alfahaid stated that AERO Middle East x Sand & Fun 2026 represents a qualitative leap for the Kingdom’s aviation sector and reinforces its positioning as a global hub for general aviation and advanced air mobility.

The partnership with Messe Frankfurt Saudi Arabia goes beyond presenting global innovations to providing a vital platform for international investment and strategic collaboration, he stressed.

Moreover, the event contributes to achieving Saudi Vision 2030 objectives, including the Kingdom’s ambition to rank among the world’s top 10 general aviation markets, he added.