Press Releases

Sommet Education & Tanmeya Capital: Saudi-Swiss Partnership Launched to Build National Talent and Educational Ecosystem in Tourism, Hospitality, and Culinary Arts

Under the patronage of His Excellency Mr. Ahmed bin Aqil Al-Khateeb, Minister of Tourism, a landmark Saudi-Swiss partnership was announced at the "TOURISE 2025" Summit in Riyadh to advance innovation, develop national talent, and build human capital in tourism, hospitality, and culinary arts, in line with Saudi Vision 2030.

Shaza Hotels Expands in Saudi Arabia with the Signing of MoUs for Four New Projects at TOURISE 2025

Under the patronage of the Ministry of Tourism Saudi Arabia (MoT) and TOURISE 2025, Shaza Hotels has signed Memoranda of Understanding (MoUs) for four new projects – Shaza Riyadh Stables Resort, Mysk Residences in Riyadh and Mysk Al Haramain Hotels - 3 & 4 in Makkah – during the inaugural TOURISE 2025 summit, held from 11 to 13 November 2025 in Riyadh. The signings represent a significant step in Shaza Hotels’ expansion across the Kingdom and underscore the brand’s alignment with Saudi Arabia’s long-term vision 2030 to advance tourism and destination development. Shaza also announced an ambitious pipeline of USD 950 million worth projects across the globe in key destinations like Maldives, Turkey, Kuwait, Indonesia, Iraq, USA, Kenya and Libya at TOURISE 2025.

Hilton Surpasses 100 Hotels in Saudi Arabia, with a Growing Pipeline Representing a Combined Owner Investment of USD $8 Billion

Hilton (NYSE: HLT) today announced it has surpassed the milestone of 100 hotels trading and in the pipeline in Saudi Arabia – representing a combined investment of USD $8 billion from hotel owners and investors into Hilton’s growing portfolio, and underscoring the company’s long-term commitment to supporting Vision 2030 by expanding its footprint and delivering world-class hospitality throughout the Kingdom. The announcement was made ahead of the Future Investment Initiative (FII) in Saudi Arabia, a global forum that convenes world leaders, policymakers, and investors to discuss the future of global investment and economic trends.