Advanced air mobility to revolutionize Saudi transport, tourism, healthcare: GACA president 

General Authority of Civil Aviation President Abdulaziz bin Abdullah Al-Duailej toured a BETA Technologies Co.'s factory in South Burlington, Vermont as part of his trip to North America. SPA
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Updated 12 September 2024
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Advanced air mobility to revolutionize Saudi transport, tourism, healthcare: GACA president 

  • Abdulaziz Al-Duailej said the field is vital for addressing climate change
  • In 2023, the industry’s market value reached $9.7 billion, with projections indicating a climb to $50 billion by 2032

RIYADH: Advanced air mobility is on track to transform the transportation, tourism, and health care systems in Saudi Arabia and across the world, a top aviation official has claimed.

Abdulaziz Al-Duailej, president of the General Authority of Civil Aviation, said that the Kingdom is committed to a global leadership role in the field, according to a statement

He was speaking during the International Civil Aviation Organization Advanced Air Mobility Symposium taking place in Montreal, Canada, from Sept. 9 to 12. 

In 2023, the industry’s market value reached $9.7 billion, with projections forecasting a climb to $50 billion by 2032. This corresponds with over 200 cities in 57 countries planning to implement this technology, necessitating a unified global approach in regulation, technology, and investment.

“This field is vital for addressing climate change, offering low-emission alternatives that can significantly reduce carbon footprints,” Al-Duailej said.

“International collaboration is crucial for advancing this technology. It requires coordination between industries and governments to ensure safety and drive innovation,” he added. “In the Kingdom, we are accelerating these technologies, as seen with the air taxi trials in NEOM and during last year’s Hajj season.”

The GACA president went on to say: “Today, we’re on the brink of a remarkable future in innovation and creativity. The choices we make now will shape the world for generations.”

During his visit, Al-Duailej toured a BETA Technologies factory in South Burlington, Vermont, along with a delegation of officials from GACA, the Ministry of Investment, the Public Investment Fund, and the Ministry of Industry and Mineral Resources, as well as representatives from local private-sector companies like NEOM and Saudia Aerospace Engineering Industries.

BETA Technologies specializes in the production of electric, vertical take-off and landing aircraft.

The delegation inspected the production lines for advanced air mobility technologies, the latest infrastructure used by the factory, and operating charging stations. 

They also visited the firm’s research and development centers, where they were briefed on the latest enabling technologies used in carbon-free manufacturing and production, as well as the engines that rely on charging cubes, which reduce operating costs and carbon emissions. These include the vertical take-off and landing aircraft and the fully electric models for vertical and conventional take-off and landing.

The GACA delegation’s visit is part of the Kingdom’s endeavors to reaffirm its commitment to enabling advanced air mobility technologies and sustainable innovations as outlined in the advanced air mobility roadmap launched by the authority earlier this year. 

It also aims to strengthen cooperation and build partnerships with leading companies in the civil aviation sector, explore opportunities for exchanging expertise in the field, pursue the transfer and localization of advanced aviation technologies, and enhance research, development, and innovation cooperation.


Diriyah Co. partners with Midad to develop Four Seasons hotel in Diriyah 

Updated 07 January 2026
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Diriyah Co. partners with Midad to develop Four Seasons hotel in Diriyah 

RIYADH: Saudi Arabia’s sovereign wealth fund-backed developer, Diriyah Co., has signed a joint development agreement with Midad Real Estate Investment and Development Co. to construct the Four Seasons Diriyah Hotel and private residences. 

The partnership will strengthen collaboration between the two companies through the development of the luxury Four Seasons Diriyah, which will feature 159 rooms, alongside private Four Seasons residences, spanning approximately 235,000 sq. meters within Diriyah’s master plan. 

The project’s total value is projected at SR3.1 billion (approximately $827 million), encompassing both land acquisition and construction expenses. 

Midad is one of the Kingdom’s leading real estate developers, expanding its portfolio of high-end projects and maintaining numerous strategic partnerships with prominent global brands, reinforcing its reputation as a trusted name in luxury residential and hospitality development across Saudi Arabia. 

This partnership marks the first major collaboration between Diriyah Co. and Midad, supporting Diriyah’s plans to develop 40 luxury hotels across its two main projects: the 14-sq.-km Diriyah Project and the 62-sq.-km Wadi Safar Project, a premium destination that blends lifestyle, culture, and entertainment. 

Commenting on the agreement, Minister of Tourism and Secretary-General of Diriyah Co., Ahmad Al-Khatib, said: “The Kingdom continues to set new standards in developing tourism destinations, with Diriyah at the forefront.” 

He added that such partnerships enhance the world-class experiences Saudi Arabia offers and strengthen the Kingdom’s position as a leading destination in this sector. 

Diriyah Co. CEO Jerry Inzerillo commented that the Four Seasons Diriyah Hotel and Residences will be one of the Kingdom’s largest luxury hotels. 

“We are proud to announce this joint development with Midad, one of Saudi Arabia’s top real estate developers. This agreement reflects our ongoing commitment to enabling Saudi partners to contribute to Diriyah’s transformative journey and confirms Midad’s confidence in the opportunities the project presents,” Inzerillo added. 

Midad CEO Abdelilah bin Mohammed Al-Aiban said: “This project is a pivotal milestone for our company, allowing us to bring the Four Seasons experience to one of the Kingdom’s most prominent heritage destinations.” 

He added: “We are excited to deliver a project that embodies design excellence, world-class service, and sustainable value, while contributing meaningfully to Saudi Arabia’s tourism, cultural, and economic ambitions.” 

The collaboration comes amid rapid progress on the SR236 billion Diriyah project, which has awarded construction contracts worth more than SR101.25 billion to date. 

Diriyah is expected to contribute approximately SR70 billion directly to the Kingdom’s gross domestic product, create more than 180,000 jobs, accommodate 100,000 residents, and host around 50 million annual visitors. 

The development will feature contemporary office spaces accommodating tens of thousands of professionals across technology, media, arts, and education, complemented by museums, retail destinations, a university, an opera house, and the Diriyah Arena.  

It will also offer a diverse selection of restaurants and cafes, alongside nearly 40 world-class resorts and hotels distributed across its two primary master plans.