Saudi Arabian Airlines introduces new domestic air travel packages

Updated 22 February 2018
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Saudi Arabian Airlines introduces new domestic air travel packages

Saudi Arabian Airlines (Saudia) has introduced new domestic fare packages starting from Feb. 20, for air travel within the Kingdom.
The new packages are available in guest class (economy), business class, and first class.
The names of the new “families” are:
Economy Class: Saver, Basic, and Flex
Business Class: Basic, and Flex
First Class: Flex
In each category there are specific fare rules, and also a different price range for each fare type.
Introducing fare packages for pricing is a common industry-wide practice, and Saudia is aligning its domestic fares with the already available international fare categories, for the purpose of giving travelers a range of options when choosing their travel plans. The new fare categories will enable travelers to decide which fare type suits them and their travel needs, allowing for additional flexibility and choices when making travel plans.
In the Economy Saver fare, travelers can benefit from new lower prices with applicable conditions. One piece of hand baggage (7 kg) is included in the fare, as well as meal service (on certain routes) and Al-Fursan miles accrual. Checked-in baggage is an add-on for the Economy Saver category, and travelers purchasing Economy Saver tickets have the option to select the baggage option for a fee. The new Economy Saver fare category is only available when booking on www.saudia.com or through the Saudia mobile app. Air travel purchased at the Economy Saver rate is not eligible for refund or changes.
In the Basic and Flex Economy packages, the main differences are that checked-in baggage is included in the fare (with different allowance amounts); miles accrual differs across each fare family, seat selection is included (only in Flex), as well as changing and refund options.
Business Basic and Business Flex are differentiated by the number of checked-in baggage pieces included, as well as the amount of miles accrued and the change fees.
Saudia’s new packages give travelers the opportunity to bundle and choose the services they require. For example, a passenger requiring no checked-in baggage or changes to their travel itinerary, can benefit from additional savings by choosing the Economy Saver option.


Al-Saedan launches $400m investment platform for real estate, digital infrastructure

Updated 27 January 2026
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Al-Saedan launches $400m investment platform for real estate, digital infrastructure

Al-Saedan Real Estate Company of Saudi Arabia, in collaboration with Serpentine Lake Capital of the UK and SGI Real Estate of Canada, have announced the establishment of a joint development and investment platform under the name SL Property. The platform will develop commercial, residential, and hospitality projects, alongside infrastructure and data center projects, across the Kingdom. It reflects the growing international interest in Saudi Arabia’s real estate and digital infrastructure markets and supports the development of high-quality, long-term assets within the Kingdom.

The agreement signing ceremony was held under the patronage of Minister of Municipal, Rural Affairs and Housing and Chairman of the Real Estate General Authority Majid bin Abdullah Al-Hogail, as part of the Future of Real Estate Forum, in which Al-Saedan Real Estate participated as a strategic sponsor. The ceremony was attended by Dr. Badr bin Ibrahim bin Saedan, chairman of the board of Al-Saedan Real Estate; Ahmed bin Ibrahim bin Saedan, vice chairman of the board of Al-Saedan Real Estate; Ben Mikola, representative of Serpentine Lake Capital and SL Property; and Hassan Al-Shawwa, representative of SGI Canada.

The attendance reflects the strategic importance of the initiative and the continued support of the authority in facilitating the attraction of high-quality international investments into the Kingdom’s real estate and digital infrastructure sectors.

This development follows the issuance of the Regulation on Real Estate Ownership by Non-Saudis in Saudi Arabia, which came into effect in January. The updated regulatory framework is expected to expand access to international investment, facilitate foreign investor participation in strategic sectors, and increase the depth of institutional capital flowing into the real estate, infrastructure, and data center sectors in the Kingdom.

The platform is targeting initial joint investments of SR1.5 billion ($400 million) in partnership with Al-SaedanReal Estate, representing the first phase of a broader, multi-stage investment program. In its initial phase, SL Property — Al-Saedan intends to invest in six to eight projects across real estate, infrastructure, and data centers, with additional opportunities anticipated as the platform’s activities expand in the future.

The initial projects will be concentrated in Riyadh and Jeddah, and will include mixed-use developments, commercial assets, residential projects, and infrastructure related to data centers. These projects are designed to be scalable, sustainable, and aligned with national development priorities, including housing expansion, enhancement of urban quality of life, hospitality sector growth, and strengthening the Kingdom’s digital services capabilities.

Al-Saedan Real Estate is one of the oldest private real estate development companies in Saudi Arabia, with more than 80 years of operational experience and a strong track record that includes the development of seven major integrated urban communities, in addition to numerous commercial, hospitality, and associated infrastructure projects.

The SL Property platform will serve as a dedicated investment vehicle for this initiative, with Serpentine Lake Capital contributing its asset management expertise, and SGI Real Estate providing its specialized real estate sector experience. The platform’s structure is intended to combine local development capabilities with disciplined international investment practices and robust governance standards.

This initiative aligns with the Kingdom’s economic diversification objectives and reflects growing confidence in the updated regulatory framework governing the real estate and digital infrastructure sectors. As the platform evolves, it is expected to provide both local and international investors with access to high-quality investment opportunities across the real estate and data center sectors throughout the Kingdom.

Dr. Badr bin Ibrahim said: “At Al-Saedan, we are pleased to be among the first beneficiaries of the promising new foreign investment system. Following our success in raising several local investment funds, we look forward to expanding our expertise and partnerships at a global level.”

Mikola added: “We are pleased to partner with Al-Saedan, whose strong track record provides a solid foundation for this collaboration. As the platform develops, we expect to explore opportunities to expand into real estate and infrastructure projects within the Kingdom of Saudi Arabia and beyond. The Kingdom represents a fast-growing market driven by clear structural factors, and we look forward to developing high-potential opportunities through a disciplined and focused approach.”