Saudia jumps 11 spots in Skytrax ranking of world’s best airlines

Saudia is continuing its rapid rise up Skytrax’s ranking, having moved from 82nd to 51st in 2017, and then to 26th in 2021, winning the award for the most improved airline in each of those years.
Short Url
Updated 21 June 2023
Follow

Saudia jumps 11 spots in Skytrax ranking of world’s best airlines

Backed by the rapid expansion of its international network, Saudi Arabia’s national flag carrier Saudia has been ranked 23rd in the Skytrax list of the world’s best airlines for 2023.

The 2023 World Airline Awards were announced at a ceremony held in Air and Space Museum at the Paris Air Show on Tuesday.

The full-service carrier, which launched its second destination to France earlier this month, jumped 11 positions from last year’s ranking of 34, making it one of the fastest-growing airlines in the region.

Formerly known as Saudi Arabian Airlines, Saudia is continuing its rapid rise up Skytrax’s ranking, having moved from 82nd to 51st in 2017, and then to 26th in 2021, winning the award for the most improved airline in each of those years.

Started in 1999 by Skytrax, the World Airline Awards is widely regarded as the Oscars of the aviation industry, with its rankings based on customer surveys.

Singapore Airlines was voted the world’s best airline in 2023, followed by Qatar Airways. Emirates was ranked fourth.

The advancement in the Skytrax classification is timely for Saudia as the state carrier is working toward contributing to the goals of the National Transport and Logistics Strategy and the National Aviation Sector Strategy.   

In March, Skytrax placed Saudi Arabia’s King Fahd International 44th on its list of the world’s best airports, up six places from 2022.

Riyadh’s King Khalid International Airport rose from 29th to 27th place, while the King Abdulaziz International Airport in Jeddah climbed three spots from last year to be ranked 41st globally.

Prince Mohammad Bin Abdulaziz International Airport in Madinah climbed six positions to secure 52nd place in the world’s best airports.


The Family Office to host global investment summit in Saudi Arabia

Updated 18 January 2026
Follow

The Family Office to host global investment summit in Saudi Arabia

RIYADH: The Family Office, one of the Gulf’s leading wealth management firms, will host its exclusive investment summit, “Investing Is a Sea,” from Jan. 29 to 31 on Shura Island along Saudi Arabia’s Red Sea coast.

The event comes as part of the Kingdom’s broader Vision 2030 initiative, reflecting efforts to position Saudi Arabia as a global hub for investment dialogue and strategic economic development.

The summit is designed to offer participants an immersive environment for exploring global investment trends and assessing emerging opportunities and challenges in a rapidly changing financial landscape.

Discussions will cover key themes including shifts in the global economy, the role of private markets in portfolio management, long-term investment strategies, and the transformative impact of artificial intelligence and advanced technologies on investment decision-making and risk management, according to a press release issued on Sunday.

Abdulmohsin Al-Omran, founder and CEO of The Family Office, will deliver the opening remarks, with keynote addresses from Saudi Energy Minister Prince Abdulaziz bin Salman and Prince Turki Al-Faisal, chairman of the King Faisal Center for Research and Islamic Studies.

The press release said the event reflects the firm’s commitment to institutional discipline, selective investment strategies, and long-term planning that anticipates economic cycles.

The summit will bring together prominent international and regional figures, including former UK Treasury Commercial Secretary Lord Jim O’Neill, Mohamed El-Erian, chairman of Gramercy Fund Management, Abdulrahman Al-Rashed, chairman of the editorial board at Al Arabiya, Lebanese Minister of Economy and Trade Dr. Amer Bisat, economist Nouriel Roubini of NYU Stern School of Business, Naim Yazbeck, president of Microsoft Middle East and Africa, John Pagano, CEO of Red Sea Global, Dr. Anne-Marie Imafidon, MBE, co-founder of Stemettes, SRMG CEO Jomana R. Alrashed and other leaders in finance, technology, and investment.

With offices in Bahrain, Dubai, Riyadh, and Kuwait, and through its Zurich-based sister company Petiole Asset Management AG with a presence in New York and Hong Kong, The Family Office has established a reputation for combining institutional rigor with innovative, long-term investment strategies.

The “Investing Is a Sea” summit underscores Saudi Arabia’s growing role as a global center for financial dialogue and strategic investment, reinforcing the Kingdom’s Vision 2030 objective of fostering economic diversification and sustainable development.