EgyptAir celebrates 90th anniversary in Jeddah

Mohamed Abd El-Nabi, general manager of EgyptAir in Saudi Arabia, presents a memento to Consul General of Egypt in Jeddah Dr. Hisham Fathi Mustafa.
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Updated 18 June 2022
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EgyptAir celebrates 90th anniversary in Jeddah

Egypt’s national airline EgyptAir recently celebrated its 90th anniversary in Jeddah, in the presence of a large gathering of guests, including members of the diplomatic corps, a group of Saudi leaders and officials from the aviation sector, customers, trade partners and staff in the region.

Guests at the InterContinental Hotel in Jeddah were received by Mohamed Abd El-Nabi, general manager of EgyptAir in Saudi Arabia; Saeed Abu Bakr, director general of finance, EgyptAir Jeddah; and Mohamed Abdel Wahab, director of EgyptAir Jeddah.

The ceremony was held under the patronage of Consul General of Egypt in Jeddah Dr. Hisham Fathi Mustafa and was attended by various high-level officials from Saudi governmental agencies, including the Saudi Civil Aviation Authority, Jeddah Airports Company, Saudi Ground Services Company, Ports Projects Management and Development Company Lt., Public Security, and Passports and Customs Department at King Abdulaziz International Airport.

The 90th-anniversary celebration of Egypt Air was an occasion to reaffirm the company’s commitment to achieving its mission and acknowledge the contributions of its partners and employees to the airline’s success and thank them for their outstanding efforts during the COVID-19 crisis, which ensured the company’s sustainability and resilience amid the unprecedented challenges faced by the sector.

EgyptAir also presented honorary shields to some of the most prominent travel and tourism companies from across the Kingdom, in appreciation of their contribution to the company’s success during the past few years, which was a difficult time for all sectors of tourism and aviation in general.

Tarek Hegazy, regional director of EgyptAir Riyadh; Ahmed Khalaf, regional director of EgyptAir Dammam; and Hani Othman, regional director of EgyptAir Madinah; attended the event and represented EgyptAir’s regional offices in the Kingdom.

As part of the celebration, a documentary film about EgyptAir was aired, which reviewed the stages of development witnessed by the airline since its inception.

The flag carrier was established on May 7, 1932, as the first operating airline in the Middle East and Africa and the seventh airline in the world.


Sulaiman Al-Rajhi Endowment projects worth SR8bn launched in Makkah

Updated 19 February 2026
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Sulaiman Al-Rajhi Endowment projects worth SR8bn launched in Makkah

Sulaiman Al-Rajhi Real Estate Company has announced the launch of several real estate projects belonging to the Sulaiman Al-Rajhi Endowment system in Makkah, with a total investment exceeding SR8 billion ($2.1 billion). These projects include commercial, residential, and hospitality developments, as well as strategic land plots, as part of the company’s commitment to supporting the Kingdom’s real estate sector and enhancing the quality of life in the holy city.

The announcement was made during a field tour by a delegation of high-level officials including Saleh Al-Rasheed, CEO of the Royal Commission for Makkah City and Holy Sites; Ihsan Bafakih, chairman of the board of directors of Sulaiman bin Abdulaziz Al-Rajhi Holding Company; Haitham Al-Fayez, chairman of Sulaiman Al-Rajhi Real Estate Company and CEO of Sulaiman Al-Rajhi Holding Company; Moath Al-Mukhudub, managing director and CEO of Sulaiman Al-Rajhi Real Estate Company; and Anas Mansour Abadi, CEO of real estate at Sulaiman Al-Rajhi Holding Company and representative of the Sulaiman Al-Rajhi Endowment, alongside members of the board of directors of both the holding and real estate companies and the executive team.

The tour included the launch of the Tilal Towers project, with an investment value of SR2 billion, featuring more than 2,500 hotel rooms, strengthening the hospitality sector in Makkah.

The delegation also visited the Tilal Village project, valued at SR2.8 billion. It is one of the prominent qualitative projects within the hospitality ecosystem in Makkah.

Furthermore, the visit covered the residential buildings within Tilal Village, comprising 828 units, with an investment of SR800 million. The delegation inspected the specialized hospital, medical complex housing, and the office and commercial plazas.

During the tour, a contract was signed for the Al-Rajhi Center project, valued at SR250 million, as part of a comprehensive rehabilitation plan.

The inspection also included the Al-Ukayshiyyah land, spanning 4 million square meters, and the Al-Ghazzawi project land, valued at SR250 million.

The tour concluded with prayers at the Aisha Al-Rajhi Mosque, the second-largest mosque in Makkah after the Grand Mosque, with a capacity for 50,000 worshippers.

This visit underscores the importance of these investments, which represent a clear direction toward enhancing the management of the endowment’s assets through diversification, redevelopment, and strategic expansion, in line with the development goals of the Makkah city and Saudi Vision 2030.

Sulaiman Al-Rajhi Real Estate, a subsidiary of Sulaiman bin Abdulaziz Al-Rajhi Holding Company, continues to provide innovative solutions to elevate the real estate sector to international standards.