Latest news with #Diriyah
UAE Moments
19 hours ago
- Business
- UAE Moments
UAE, Saudi Firms Rank in TIME100 Most Influential Companies
UAE's artificial intelligence firm G42 and Saudi Arabia's Diriyah have been named in the world's 100 most influential companies for 2025 by TIME magazine. G42 G42 is a privately owned company, in which the Mubadala Investment Company, Silverlake, Microsoft and The Dalio Family Office have invested. In 2024, G42 received a $1.5 billion investment from Micrsoft to advance its international expansion and solidify UAE's position as a global technology hub. The partnership also included a one-billion-dollar fund to support developers. Last month, G42 announced a partnership with OpenAI, Oracle, and Nvidia to boost the AI sector in the UAE. As part of the partnership, the companies will launch Stargate UAE. The AI firm has launched a new unit G42 Europe and the UK and partnered with France' Mistral AI. G42 is planning to invest one-billion dollars in Kenya's digital ecosystem. Diriyah Diriyah is part of Saudi Arabia's Public Investment Fund (PIF) portfolio. The company is building a $63.2 billion mixed-use development, Diriyah, near Riyadh. The development is expected to host over 100,000 residents, workers, students and visitors. Diriyah will also feature a wide range of cultural, entertainment, educational, hospitality, retail, and residential spaces. Diriyah promises carbon-free construction, energy efficiency, water conservation, cultural preservation, and human-centric development.
Zawya
a day ago
- Business
- Zawya
Diriyah Company recognized as one of Time100 most influential companies in the world for 2025
Reflects world-class team and professionalism behind the $63.2 billion City of Earth Reinforces role of Public Investment Fund giga projects in driving Vision 2030 Diriyah: Diriyah Company has been recognized as one of the 100 most influential companies in the world by global publishing giant Time Magazine. The annual Time100 awards recognizes companies worldwide who have a transformational impact on a wide range of industrial and business endeavors. Diriyah Company is the 2nd Saudi company to be recognized by the US-based publisher – after Aramco in 2024 - and recognizes the groundbreaking work the developer is undertaking in building its visionary $63.2 billion City of Earth on the outskirts of Riyadh. The recognition places Diriyah Company among a select group of global organizations that are transforming their industries and driving impact across innovation, sustainability, culture, and economic development. Commenting on the accolade, Diriyah Company Group CEO Jerry Inzerillo said: 'Being recognized as one of the Time100 Most Influential Companies is a powerful affirmation of Diriyah's mission to lead with purpose: by honoring our heritage, uplifting our community, and embracing world-class sustainability and hospitality standards. 'From carbon-free construction, energy efficiency and water conservation, to cultural preservation and human-centric development, every aspect of Diriyah's development reflects a commitment to minimizing our environmental footprint while maximizing quality of life for nearly 100,000 future residents Diriyah is a living cultural legacy, one that celebrates Saudi Arabia's storied past while setting new global benchmarks for urban development. With iconic assets like the Royal Diriyah Opera House, the historic Wadi Hanifah, and unprecedented luxury experiences, we are proud to share our vision for The City of Earth with the world.' The most influential companies list, launched in 2021, is curated by Time's global editors and reporters, following nominations across sectors and regions. Each selected company is evaluated on criteria including relevance, leadership, innovation, ambition, and impact. The list includes global brands, high-growth startups, and industry leaders shaping the future of business, society, and culture. Previous companies included in the Time100 Most Influential Companies have included global giants like Apple, Microsoft, LVMH, JP Morgan, Schneider Electric, IBM and Bristol Myers Squib among many others. About Diriyah Diriyah, Saudi Arabia's premier historical, cultural, and lifestyle destination, is a key component of Saudi Arabia's 2030 Vision. A short 15-minute drive from Riyadh's city center, this 14-square-kilometer development holds historical significance as the birthplace of the Kingdom of Saudi Arabia, dating back to 1727. Currently being developed by Diriyah Company, Diriyah is undergoing a transformation into an authentic Najdi-style mixed-use urban community. Diriyah's centerpiece is At-Turaif, the UNESCO World Heritage Site inscribed in 2010, showcasing the ancient adobe capital city of the First Saudi State, dating back to 1766. Upon completion, Diriyah will host more than 100,000 residents, workers, students, and visitors, offering a diverse range of cultural, entertainment, retail, hospitality, educational, and residential spaces. The first of those spaces include Bujairi Terrace, Riyadh's new premium dining hub with over 20 global and local restaurants and cafes that enjoy uninterrupted views of At-Turaif. Bab Samhan, a Luxury Collection Hotel is the first hospitality offering in Diriyah, providing a tranquil experience with panoramic views of Wadi Hanifah. Diriyah's development provides a dynamic environment that celebrates Saudi Arabia's rich cultural history. About Diriyah Company Diriyah Company was launched in January 2023 and joined the Public Investment Fund's (PIF) portfolio of giga-projects. The Company is responsible for developing the Diriyah project, the birthplace of the Kingdom of Saudi Arabia and its foremost historical, cultural, and lifestyle destination. A dynamic mixed-use developer, Diriyah Company is redefining urban planning to develop Diriyah, 'The City of Earth', while adhering to the highest design, development, and preservation standards. The company ensures Diriyah's cultural landmarks are complemented by world-class retail offerings, fine-dining experiences, and leading hospitality brands. As a PIF company, Diriyah Company's mission focuses on opportunities in development, hospitality, investment, retail, and office leasing, along with strategic asset management, underscoring the commitment to ensuring successful business outcomes and sustainable growth under the strategic direction of Vision 2030. The Diriyah Company actively forges long-term partnerships to realize its vision of establishing Diriyah as one of the world's greatest gathering places.
Time Magazine
2 days ago
- Business
- Time Magazine
TIME100 Most Influential Companies 2025: Diriyah Company
Headlines lauding Saudi Arabia's bold plans to steer its economy away from oil tend to focus on splashy futuristic projects still years from realization. But Diriyah Gate, a $63 billion tourism development rooted in the Kingdom's rich history, is now partly completed. Built around At-Turaif, a centuries-old desert fortress outside Riyadh, Diriyah Gate melds modern luxuries with the region's traditional mud-brick Najdi architecture. '[W]e're embracing the modernity of technology to enhance' the experience of 300 years of history, says Jerry Inzerillo, group CEO of Diriyah. The first of 37 planned resorts, Marriott Bab Samhan, opened in December; other recent debuts include Diriyah Art Futures, the region's first digital art museum, and Zallal, a shopping and commercial office district. While Diriyah marches toward its planned 2030 completion, one particularly high-profile traveler has already made a visit: President Trump stopped by in May during his first trip abroad of his second term. With more than $1 billion worth of deals with European firms locked in last fall, Diriyah Company is showing that the kingdom's tourism dreams aren't just blueprints. The project, says Inzerillo, will both diversify the economy and reshape the image of a 'young, dynamic nation.'
Mid East Info
2 days ago
- Business
- Mid East Info
Diriyah Company Recognized as one of Time100 Most Influential Companies in the World for 2025 - Middle East Business News and Information
Global recognition highlights the impact and scale of Diriyah development Reflects world-class team and professionalism behind the $63.2 billion City of Earth Reinforces role of Public Investment Fund giga projects in driving Vision 2030 Diriyah, June 2025: Diriyah Company has been recognized as one of the 100 most influential companies in the world by global publishing giant Time Magazine. The annual Time100 awards recognizes companies worldwide who have a transformational impact on a wide range of industrial and business endeavors. Diriyah Company is the 2nd Saudi company to be recognized by the US-based publisher – after Aramco in 2024 – and recognizes the groundbreaking work the developer is undertaking in building its visionary $63.2 billion City of Earth on the outskirts of Riyadh. The recognition places Diriyah Company among a select group of global organizations that are transforming their industries and driving impact across innovation, sustainability, culture, and economic development. Commenting on the accolade, Diriyah Company Group CEO Jerry Inzerillo said: 'Being recognized as one of the Time100 Most Influential Companies is a powerful affirmation of Diriyah's mission to lead with purpose: by honoring our heritage, uplifting our community, and embracing world-class sustainability and hospitality standards. 'From carbon-free construction, energy efficiency and water conservation, to cultural preservation and human-centric development, every aspect of Diriyah's development reflects a commitment to minimizing our environmental footprint while maximizing quality of life for nearly 100,000 future residents Diriyah is a living cultural legacy, one that celebrates Saudi Arabia's storied past while setting new global benchmarks for urban development. With iconic assets like the Royal Diriyah Opera House, the historic Wadi Hanifah, and unprecedented luxury experiences, we are proud to share our vision for The City of Earth with the world.' The most influential companies list, launched in 2021, is curated by Time's global editors and reporters, following nominations across sectors and regions. Each selected company is evaluated on criteria including relevance, leadership, innovation, ambition, and impact. The list includes global brands, high-growth startups, and industry leaders shaping the future of business, society, and culture. Previous companies included in the Time100 Most Influential Companies have included global giants like Apple, Microsoft, LVMH, JP Morgan, Schneider Electric, IBM and Bristol Myers Squib among many others. About Diriyah: Diriyah, Saudi Arabia's premier historical, cultural, and lifestyle destination, is a key component of Saudi Arabia's 2030 Vision. A short 15-minute drive from Riyadh's city center, this 14-square-kilometer development holds historical significance as the birthplace of the Kingdom of Saudi Arabia, dating back to 1727. Currently being developed by Diriyah Company, Diriyah is undergoing a transformation into an authentic Najdi-style mixed-use urban community. Diriyah's centerpiece is At-Turaif, the UNESCO World Heritage Site inscribed in 2010, showcasing the ancient adobe capital city of the First Saudi State, dating back to 1766. Upon completion, Diriyah will host more than 100,000 residents, workers, students, and visitors, offering a diverse range of cultural, entertainment, retail, hospitality, educational, and residential spaces. The first of those spaces include Bujairi Terrace, Riyadh's new premium dining hub with over 20 global and local restaurants and cafes that enjoy uninterrupted views of At-Turaif. Bab Samhan, a Luxury Collection Hotel is the first hospitality offering in Diriyah, providing a tranquil experience with panoramic views of Wadi Hanifah. Diriyah's development provides a dynamic environment that celebrates Saudi Arabia's rich cultural history. About Diriyah Company: Diriyah Company was launched in January 2023 and joined the Public Investment Fund's (PIF) portfolio of giga-projects. The Company is responsible for developing the Diriyah project, the birthplace of the Kingdom of Saudi Arabia and its foremost historical, cultural, and lifestyle destination. A dynamic mixed-use developer, Diriyah Company is redefining urban planning to develop Diriyah, 'The City of Earth', while adhering to the highest design, development, and preservation standards. The company ensures Diriyah's cultural landmarks are complemented by world-class retail offerings, fine-dining experiences, and leading hospitality brands. As a PIF company, Diriyah Company's mission focuses on opportunities in development, hospitality, investment, retail, and office leasing, along with strategic asset management, underscoring
Harpers Bazaar Arabia
2 days ago
- Harpers Bazaar Arabia
Discover The Spirit of Diriyah At The Bab Samhan Mariott Hotel
With its mudbrick walls, Najdi details and cultural programming, the Luxury Collection's Bab Samhan Hotel invites guests to experience Saudi tradition from the inside out It's official. Bab Samhan has opened its doors in the heart of Diriyah. Tucked within its winding alleyways, this luxurious Marriott hotel is all set to offer travellers an immersive stay deeply rooted in Saudi tradition. Just steps from the UNESCO-listed At-Turaif district, the hotel is surrounded by centuries of history and the distinctive landscape of the Najd region. Known for its ancient mudbrick architecture and Kingdom's origins through restored palaces, mosques and cultural legacy, Diriyah offers a glimpse into the traditional structures. Bab Samhan takes its name from one of the area's most iconic gates where Imam Abdullah bin Saud once laid plans to defend the city – underscoring the hotel's connection to the region's layered past. The hotel features 134 rooms and suites, many with views over the historic surroundings. Built in the traditional Najdi Style, its design is marked by textured adobe walls, intricately carved timber ceilings and open courtyards that mirror the rhythm of old Diriyah. Inside, hospitality is warm and distinctly local. Guests are welcomed with traditional beverages and dates at Wujar, a lobby lounge inspired by classic Arabian gathering spaces. Local artwork, woven rugs and curated objects add texture and meaning to the interiors. Dining is central to the experience. Jareed reinterprets Najdi classics using seasonal local ingredients. Taleed by chef Michael Mina features Mediterranean flavours, while Medheef offers globally inspired cuisine from 2 lively open kitchen. For wellness, The Earthen Spa delivers organic treatments and guided mindfulness sessions, with dedicated fitness spaces for men and women. The hotel also houses five flexible venues and a 400-square-metre ballroom for events and celebrations. The hotel also offers guests an opportunity to connect deeply with the traditions of the Kingdom. From guided visits to the nearby UNESCO-listed At-Turaif to evenings filled with storytelling, poetry, and culinary discovery, the hotel curates experiences beyond hospitality – inviting travellers to engage with the rich heritage surrounding them. Staying here isn't just another hotel stay – its waking up in a place where the past lingers in every details, and every wall has a tale to tell.
