Soudah Development Completes first phase of emergency repairs at 'Sheikh's Fortress' heritage site in Rijal Almaa
Soudah, Saudi Arabia – Soudah Development, a Public Investment Fund company, has announced the completion of the first phase of emergency repairs at the historic 'Sheikh's Fortress' site in Rijal Almaa. It is one of the heritage sites located in Jareen, one of the six development zones within the Soudah Peaks project.
Sheikh's Fortress is one of three heritage sites receiving emergency repairs under a collaboration between Soudah Development and the Tourist Villages Cooperative Society of Rijal Almaa, as part of an MoU signed last year. The collaboration includes emergency repairs of Sheikh's Fortress, Bee House, and the Hamidiyah Fortress. This initiative is part of broader efforts by Soudah Development to preserve and protect the architectural and cultural heritage within Soudah Peaks project area, which encompasses around 300 historical and cultural sites.
With the first phase of the emergency repairs now complete, Sheikh's Fortress will serve as a symbol of the region's rich architectural, cultural, and historical identity, and will contribute to promoting the local heritage and identity.
Soudah Peaks will be a luxury mountain destination inspired by local architectural identity. The project includes six distinctive zones: Tahlal, Sahab, Sabrah, Jareen, Rijal, and the Red Rock. It will offer luxury experiences in tourism, hospitality, and residential, and is expected to create thousands of direct and indirect job opportunities while generating long-term economic impact for both the region and the Kingdom.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Khaleej Times
12 hours ago
- Khaleej Times
Saudi Signs Media launches Digital Screen Network inside Riyadh Metro carriages
Saudi Signs Media, in strategic partnership with Rotana Signs, has been awarded the expansive network of 2,688 Digital Screens inside 448 metro carriages, constituting 183 trains that operate across all 6 lines. This public transport system marks the largest urban transit system in the Kingdom that has already welcomed over 18 million passengers and conducted 162,000+ trips since its launch. Supporting advertisers communicate with a diverse passenger profile, each carriage accommodates six Digital Screens strategically installed adjacent to the carriage sliding doors and respected journey progress displays, ensuring maximum visibility for all passengers as it is a point of focus for needed journey information. Given the considerable passenger dwell time spent commuting from points of origin to destination, passengers within the metro carriage are subject to a confined, distraction-free environment that advertisers can capitalise on and ensure high opportunity-to-see (OTS) rates helping enhance brand recall and maximum impact. This placement, combined with the daily routine of commuters across all six lines reinforces and deepens brand presence. Essentially the Riyadh Metro serves all members of the public and visiting individuals from abroad. This integrated Digital Screen network grants brands presence in a novel and in-demand environment that transforms every ride into a valuable advertising opportunity and touchpoint. Commenting on this project, Hassan Zaini, the deputy CEO of sales said: "We take great pride in contributing to Riyadh's development journey. The presence of Rotana Signs' screens inside Riyadh Metro reflects our commitment to delivering innovative advertising solutions that support the city's growth and align with the objectives of Vision 2030. This expansion builds on our regional track record, including successful media operations within Dubai Metro and the Haramain High-Speed Railway. Backed by the expertise of our sister companies, we continue to empower brands through strategic platforms across the region's leading transit networks." As Riyadh continues its transformation into a global hub of innovation and connectivity, this landmark deployment inside Riyadh Metro not only amplifies the visibility of brands but also marks a significant stride toward smarter, more immersive urban advertising experiences that move with the city.
Arabian Business
13 hours ago
- Arabian Business
Saudi Arabia tax fine waiver to end this month
Saudi Arabia has given taxpayers until the end of this month to make use of a waiver on tax fines. The Zakat, Tax and Customs Authority (ZATCA) has called on all taxpayers subject to tax regulations to take advantage of the cancellation of fines and exemption from financial penalties initiative, which ends on June 30, 2025. ZATCA clarified that the initiative includes exemptions from fines related to late registration across all tax systems, late payments, and the late filing of returns. Saudi tax fine waiver It also covers fines for correcting value-added tax (VAT) returns, violations identified during field inspections related to electronic invoicing, and other general provisions under the VAT system. To benefit from the initiative, ZATCA states taxpayers must be registered in the tax system, submit all required returns, and pay the full principal amount of the tax due. Taxpayers may also request to pay the due tax in instalments, provided the request is submitted during the initiative's validity period and all instalments are paid on time according to a payment plan approved by the authority. The initiative does not cover fines related to tax evasion or fines paid before the effective date of the initiative. ZATCA encourages taxpayers to consult the simplified guide available on its official website, which offers a detailed explanation of the initiative, including the types of fines covered, exemption conditions, instalment payment steps, and examples of applicable field violations. The authority urges all eligible taxpayers in Saudi Arabia to take advantage of the initiative before its deadline at the end of June and to reach out with inquiries via:
Zawya
13 hours ago
- Zawya
London Business School to launch first programmes in Riyadh as school is ranked first globally in the FT Executive Education open programme rankings 2025
LBS secures top global positions in the 2025 Financial Times Executive Education Rankings, placing first worldwide in Open Programmes and second in Custom Programmes LBS has also seen a significant rise in participation from Saudi executives in its open enrolment Executive Education programmes in recent years, growing by more than 250% in just four years RIYADH, Saudi Arabia: London Business School (LBS) has today been ranked among the world's leading providers of Executive Education in the newly released 2025 Financial Times Executive Education Rankings. Building on this global recognition, LBS announced the launch of its first Executive Education open programmes in Saudi Arabia, which will be delivered in the new executive office in Riyadh. The programmes will commence in the 2025–2026 academic year and aim to support the Kingdom's priorities for economic diversification, innovation, and leadership capability in line with Saudi Vision 2030. This announcement follows the School's commitment, shared in April, to open an office in Riyadh dedicated to advancing human capability and leadership development in the region. The new Riyadh programmes represent the next phase in LBS's regional strategy, building on the School's established presence in Dubai and its long-standing engagement with Gulf organisations and executives. Reflecting on the School's latest recognition, Helen Kerkentzes, Associate Dean of Executive Education and General Manager, Riyadh office, said, 'We are delighted to be acknowledged by our clients and participants for the impact of our programmes on leaders globally. Our success is driven by our dedicated faculty, staff and learning partners, and the high standards of our participants. Launching our open programmes in Riyadh strengthens our commitment to supporting leaders and working more closely with our partners in Saudi Arabia and the wider region.' Professor Florin Vasvari, Executive Dean of Executive Education, Middle East and General Manager, Riyadh office said, 'Launching our first programmes in Riyadh is a natural next step as we deepen our long-term partnership with Saudi Arabia and the Gulf. We are proud to support the human capital behind the Kingdom's transformation driven by Vision 2030, equipping leaders and organisations with the skills and perspective to thrive in a rapidly changing world.' Three New Programmes to Advance Leadership in the Kingdom Launching in the coming academic year, the following open programmes will be delivered in Riyadh: Women in Leadership: Empowering women executives with the skills to lead confidently, supporting Saudi Arabia's ambition to increase female participation in the workforce. Leading Teams for Emerging Leaders: Equipping rising leaders with strategies to build high-performing teams and drive organisational success in a dynamic economic environment. Next Level Leadership: Providing senior executives with advanced tools to navigate complexity, align with Vision 2030's priorities, and lead transformative change. Programmes will be in-person and are designed for leaders across all sectors. Global Recognition in the 2025 Financial Times Executive Education Rankings London Business School has once again been recognised as one of the world's leading providers of Executive Education in the Financial Times (FT) 2025 Executive Education Open and Custom rankings. This marks the fifth consecutive year that LBS has improved its position in these prestigious global rankings. In the latest results, LBS achieved the number one spot worldwide for Open Executive Education Programmes, rising from second place last year. The School's open programmes ranked first globally for 'quality of participants. The School attracts world class, diverse participants, and equips them with the future ready skills they need to lead, which highlights the unique calibre and impact of their community. LBS's Custom Executive Education Programmes also saw a significant rise, climbing five places to second globally, and ranked first for 'New Skills & Learning'. LBS is the only business school to be ranked in the top three for both the FT Open and Custom Executive Education Rankings in 2025, reflecting the depth and relevance of their tailored learning experiences. With the opening of its Riyadh office and its established Dubai campus, London Business School is strengthening its regional presence to meet the evolving needs of Gulf organisations. The School continues to invest in executive education that supports the Gulf's vision for knowledge-based, inclusive, and sustainable growth. About London Business School London Business School's vision is to have a profound impact on the way the world does business and the way business impacts the world. The School is widely acknowledged as a centre for outstanding research. As well as its highly ranked degree programmes, the School offers award-winning Executive Education programmes to business leaders from around the world. As well as its main campus in London, London Business School has a campus in Dubai, and a presence in three additional international cities: New York, Hong Kong and Shanghai. The School equips its diverse student body with the tools needed to tackle today's business challenges and connects them with many of the world's leading thinkers. The School has more than 53,000 alumni working in more than 157 countries. Together, they are a community defined by a wealth of knowledge, business experience and worldwide networking opportunities. London Business School's 259 faculty members come from over 30 countries. They cover seven subject areas: accounting, economics, finance, management science and operations, marketing, organisational behaviour, and strategy and entrepreneurship.
