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RIYADH: The Royal Commission for AlUla and the AlUla Development Co. have chosen Kerten Hospitality to manage and operate a new facility in AlUla under one of the group’s lifestyle brands: Cloud7. The Cloud7 Residence AlUla will be home to 150 serviced bungalows in the initial phase and it will be transformed into a true community in 2023 where people can live and work or

RIYADH: The AlUla Development Co., fully owned by Saudi Arabia’s Public Investment Fund, has begun its operations to support sustainable development in the province, as the Kingdom continues its green tourism journey in line with the targets outlined in Vision 2030. The operations of the company are aiming to position AlUla as a leading tourist and cultural destination,

Nawaf Tawfeq Al-Duaij is the executive director of administrative affairs at the Royal Commission for AlUla, a position he took up in May 2019. The Royal Commission for AlUla was established in July 2017 to preserve and develop the 2,000-year-old historical archaeological site of AlUla in north-western Saudi Arabia. Al-Duaij is responsible for synchronizing administrative and

RIYADH: Saudi Arabia’s stock market closed the previous session lower, as investors stepped back to lock their gains after a multi-day rally. TASI, the main index, edged down by 0.82 percent to 12,192 points, dragged down by some of the Kingdom’s major players. Similarly, the parallel Nomu market dropped by 1.46 percent, reaching 25,186 points. Apart from the Saudi exchange,