flyadeal introduces flights to Hail, Yanbu and Taif

flyadeal added three aircraft to its fleet, taking the total operating fleet size from 11 to 14 aircraft.
Updated 20 November 2019

flyadeal introduces flights to Hail, Yanbu and Taif

Saudi Arabian budget airline flyadeal has announced a significant expansion in the size of its domestic network, including the commencement of services to new destinations. This has been made possible by flyadeal adding three aircraft to its fleet, taking the total operating fleet size from 11 to 14 aircraft.
Con Korfiatis, CEO of flyadeal, said: “We are very excited to announce that by Dec. 1 we will have added 20 flights to our daily schedule. This takes our flying to almost 100 flights a day within the Kingdom of Saudi Arabia and will provide customers with more flight options.”
flyadeal is also introducing flights to three new destinations in Saudi Arabia. “We will be bringing everyday low fares to Hail, Yanbu and Taif; one daily flight on two new routes from Riyadh — to Hail and Yanbu, and one daily flight on two new routes from Dammam — to Yanbu and Taif,” Korfiatis said.
“You can find our exciting launch prices online now but be quick because when they’re gone, they’re gone. A

 

 


SAGIA, Xylem ink $50m MoU to advance water security

Updated 05 December 2019

SAGIA, Xylem ink $50m MoU to advance water security

Water technology firm Xylem has signed an MoU with the Saudi Arabian General Investment Authority (SAGIA), representing an investment of $50 million. The agreement aims to expand Xylem’s manufacturing footprint into the Kingdom, and to better serve its portfolio of customers in Saudi Arabia and across the region.

Under the MoU, Xylem will work with SAGIA to develop and localize advanced water and wastewater products and technologies to address water challenges in Saudi Arabia, as well as increase its footprint of service points and rental fleets across the Kingdom. A core objective of the MoU is to accelerate adoption of digital water solutions and optimize utility networks across the Kingdom.

The proposed multimillion-dollar investment will not only help build a vibrant local supply chain, but also see Xylem bringing additional commercial opportunities into the Kingdom, with the wider aim of improving water solutions locally. The agreement is in line with the goals of Saudi Vision 2030 to promote economic diversification through investments in localization that will also contribute to the export of “Made in Saudi” products across the world.

The MoU was signed on the sidelines of the Future Investment Initiative (FII), commonly known as the “Davos in the Desert,” by Ibrahim A. Al-Omar, governor of SAGIA, and Steven Leung, senior vice president and president, emerging markets of Xylem, in the presence of senior officials of both entities and Frank Ackland, managing director Xylem Middle East.

Al-Omar said: “As Saudi Arabia welcomes investors and decision-makers from across the globe to this annual global investment platform, the agreements exchanged here reflect the strength and diversity of the economy. Under Saudi Vision 2030, Saudi Arabia is undergoing an ambitious program of economic reform, and the world is taking notice. This month, Saudi Arabia climbed 30 places in the World Bank’s Doing Business 2020 report, becoming the most improved economy globally. The indicators are
clear: Saudi Arabia is not only open for business, it’s the economy of the future.”

Leung added: “As Xylem continues to lead the water sector’s digital transformation globally, this MoU presents an opportunity to leverage our market-leading portfolio and application expertise to advance water security in Saudi Arabia. Through our investment of $50 million, and with our strong presence in Saudi Arabia, backed by our dedicated office and team, we are committed to creating in-Kingdom value through our investments and partnerships. We are thankful to SAGIA for the opportunity to directly contribute our expertise to the development vision of the leadership, as the Kingdom embarks on its ambitious transformation program.”