Latest news with #JerryInzerillo
Arabian Business
6 days ago
- Business
- Arabian Business
Saudi Arabia's Diriyah Company and UAE's G42 named among TIME100 Most Influential Companies
Saudi Arabia's Diriyah Company and UAE-based G42 have been named to the prestigious TIME100 Most Influential Companies of 2025, a global list recognising organisations making extraordinary impact across business, culture, innovation, and sustainability. The annual list, curated by TIME editors and experts, highlights 100 companies reshaping their industries and influencing the world's future. This year, Diriyah Company was recognised for its transformational urban development project in Riyadh, while G42 was honoured in the 'Innovators' category as a rising global AI power. Diriyah: Saudi's cultural megaproject joins global elite Diriyah Company becomes only the second Saudi firm, after Aramco in 2024, to be included in the TIME100 list. The recognition spotlights the company's work in developing the $63.2 billion 'City of Earth', a visionary cultural and residential project on the outskirts of Riyadh. 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 honouring 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 maximising quality of life for nearly 100,000 future residents' Diriyah's development strategy includes: Carbon-free construction and energy efficiency Water conservation and environmental stewardship Cultural landmarks such as the Royal Diriyah Opera House and Wadi Hanifah A focus on creating vibrant communities for nearly 100,000 future residents G42: UAE's AI trailblazer gains global spotlight Abu Dhabi-based G42 was recognised as an 'Innovator' on the list for its leadership in artificial intelligence and mega-scale digital infrastructure. TIME specifically cited G42's launch of the largest AI infrastructure project outside the US—a 10-square-mile AI campus unveiled in May in partnership with Microsoft and OpenAI. The campus, based in Abu Dhabi, includes supercomputing facilities, a science park, and is core to the UAE's ambition to become a global AI superpower by 2031. Faheem Ahamed, Group Chief Marketing and Communications Officer at G42, noted that G42's selection reflects its growing global influence, with giga-scale projects underway in Europe, Kenya, and the US, and a collaborative model that positions the company at the centre of global AI infrastructure development. TIME100: A global barometer of influence The TIME100 Most Influential Companies list was launched in 2021 and includes past honourees such as Apple, Microsoft, LVMH, and JP Morgan. Companies are evaluated on impact, innovation, ambition, leadership, and success, with nominations drawn from TIME's global contributor network and external experts. This year's recognition of Diriyah Company and G42 cements the growing global influence of the Gulf region, as it emerges as a powerhouse across a variety of fields. Other notable names on the list this year, included: Alibaba Nintendo UFC Hyundai Duolingo LinkedIn Prada Berkshire Hathaway Meta Amazon Netflix OpenAI SpaceX
Zawya
6 days 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
6 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
6 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
Arab News
22-06-2025
- Business
- Arab News
Diriyah Company woos UK investors with London center
Diriyah Company is launching a new marketing initiative at one of London's most prestigious locations to showcase the project. The Diriyah House Experience Center will be hosted at One Hyde Park, a premier business address in Knightsbridge near Harrods. It will provide an immersive experience for those interested in opportunities in Diriyah, one of Saudi Arabia's giga-projects located on the outskirts of Riyadh. The Diriyah House Experience Center's official opening is scheduled for the beginning of July. The center will operate as a co-branded hub operated by Sotheby's International Realty, the UK company originally founded by Sotheby's art dealers. Sotheby's International Realty has recently entered the Saudi market and chose Diriyah as a key launchpad, already marketing branded residences for prestigious hospitality names such as The Ritz-Carlton, Corinthia, and Baccarat — all part of the landmark developments taking shape in Diriyah. The Diriyah House Experience Center will include a state-of-the-art marketing suite featuring a masterplan model and flexible model display. It will bring the 'City of Earth' to life for a wider global audience. Diriyah Company Group CEO Jerry Inzerillo said: 'We are delighted to open this high-profile and prestigious experience center in the heart of London. This prestigious London address enables us to share Diriyah's story on a global stage in a truly world-class setting, strengthening our international outreach as we build one of the world's greatest gathering places, rooted in the history, heritage and culture of the Kingdom.' George Azar, chairman and CEO of Sotheby International Realty, Dubai, the UK, and Saudi Arabia, added: 'We are proud to collaborate with Diriyah Company on this landmark initiative and to support the launch of the Diriyah House Experience Center at One Hyde Park. As their partners, we are pleased to offer our experience and expertise in presenting ultra-prime real estate to a global audience. With a strong foothold in the UK's super-prime market, this collaboration allows us to do what we do best — represent the world's most exceptional properties while acting as local experts with global reach.' Through this partnership, we look forward to connecting discerning investors and stakeholders in the UK with the extraordinary vision and opportunities emerging in Diriyah.' The announcement of the center follows a successful month-long activation by Diriyah Company at Harrods in London in July 2024. The campaign featured a showcase of Diriyah's master plan models and a supporting out-of-home marketing campaign across the city. This international engagement reflects the growing global appetite for investment in the City of Earth and reinforces Diriyah's commitment to connecting with the international investment community. Located on the outskirts of Riyadh and backed by Saudi Arabia's Public Investment Fund, Diriyah is an integrated urban development project covering 14 square kilometers. It includes building homes for around 100,000 residents and is expected to create nearly 180,000 jobs. Its ambition is to attract approximately 50 million visits annually, contributing an estimated SR70 billion ($18.6 billion) to Saudi Arabia's GDP. Diriyah Company does not have any permanent establishment or a place of business in the UK. The Diriyah House Experience Center is operated by Sotheby's International Realty for the sole purpose of marketing Diriyah' s projects.
