Red Sea International, Plaza Premium Group to pioneer lounge services

The terminal’s architecture is crafted to bring the exclusive feel of a private aircraft terminal to every traveler.
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Updated 22 March 2025
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Red Sea International, Plaza Premium Group to pioneer lounge services

daa International has announced a groundbreaking strategic partnership with Plaza Premium Group, a global leader in airport hospitality, for the management of premium hospitality services at Red Sea International Airport. 

This collaboration will see PPG implement its exceptional Plaza Premium First standards in Saudi Arabia for the first time, further reinforcing RSI’s position as a best-in-class airport that blends seamless efficiency with first-class hospitality.

The Plaza Premium Group will manage a range of premium services that include four premium lounges for passengers, five F&B outlets, and seven dining rooms catering to airport staff. In a first for Saudi Arabia, the premium departure lounges will deliver a fully a la carte dining experience for all passengers as a luxurious final touchpoint on their departure journey. 

Andrew Tyler-Smith, chief executive officer of RSI, said: “Our partnership with Plaza Premium Group marks an exciting step forward in delivering an elevated airport experience. By combining our expertise in airport management with Plaza Premium Group’s global excellence in hospitality, we are setting a new standard for comfort, service, and innovation. We look forward to welcoming travelers to our premium lounges and dining spaces, where every detail is designed to enhance their journey.” 

The new RSI airport has been thoughtfully designed to draw inspiration from the natural beauty of the desert, the serenity of a green oasis, and the vastness of the sea. This innovative design aims to eliminate the usual stresses associated with travel, offering passengers a tranquil and memorable experience from the moment they arrive. 

The terminal’s architecture is crafted to bring the exclusive feel of a private aircraft terminal to every traveler. By creating smaller, intimate spaces, the airport ensures a luxurious and personalized experience for all passengers. The lounges and F&B outlets will be meticulously designed to provide a luxurious and relaxing environment, perfectly aligning with the sustainable and high-end ethos of The Red Sea destination. 

Bora Isbulan, deputy CEO of Plaza Premium Group, commented on the partnership: “We are thrilled to join forces with Red Sea International Airport at this groundbreaking airport. With the Kingdom of Saudi Arabia at the forefront of our strategic priorities and significant investments allocated for the region, we take immense pride in this partnership. As the global leader in airport hospitality solutions with the largest network of lounges worldwide, we will leverage our expertise to transform this sustainable gateway into a luxury destination for discerning travelers. Our world-class teams, award-winning services and integrated technology solutions deliver personalized journeys at every touchpoint. This collaboration perfectly aligns with our commitment to elevating airport experiences while supporting the Red Sea destination’s vision for responsible luxury tourism.” 

Okan Kufeci, senior vice president, EMEA of Plaza Premium Group, said: “Our strategic partnership with Red Sea International Airport marks a significant milestone in our portfolio expansion across Middle East. By introducing Plaza Premium First standards to Saudi Arabia, we are not only enhancing the travel experience but also reinforcing our commitment to delivering exceptional hospitality solutions globally. This collaboration is a testament to our ongoing efforts to innovate and elevate airport services, setting new benchmarks for comfort and luxury.”


25,000 attend Social Development Bank’s DeveGO25 forum

Updated 27 December 2025
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25,000 attend Social Development Bank’s DeveGO25 forum

The Social Development Bank concluded the second edition of the Entrepreneurship and Modern Business Practices Forum — DeveGo 2025 — announcing the achievement of high-impact outcomes that further reinforced the forum’s position as the largest national platform in the region dedicated to entrepreneurship, innovation, and freelance work in Saudi Arabia and beyond. 

The forum witnessed broad participation from local and international experts, investors, entrepreneurs, and representatives of local, regional, and international institutions.

Over three days at the King Abdulaziz International Conference Center, the forum drew 25,000 participants and visitors, who benefited from over 45 specialized workshops and over 2500 advisory sessions delivered by more than 70 consultants and experts. 

The sessions covered key areas including entrepreneurial planning, business models, venture capital, digital platforms, freelancing, and emerging technologies. 

The forum also featured 20 panel discussions with leading local and international speakers, addressing major global trends in entrepreneurship, including the future of artificial intelligence, the creative economy, digital transformation, and venture investment. 

The forum saw the launch of the Saudi Empretec Fellowship, in the presence of Rebeca Grynspan, secretary-general of the UN Conference on Trade and Development. 

The partners in success within the Social Responsibility Portfolio supporting entrepreneurs were honored. 

It also saw the honoring of 13 winners of the Handicrafts Competition, representing various regions of the Kingdom, the announcement of winners of the Salam Award for Promising Projects, and the recognition of leading entrepreneurial projects fund under the Enterprises Track. 

In addition, the NEXT UP Challenge concluded on the third day of the forum with 20 startups presenting their projects to more than 500 investors, enhancing opportunities for networking and partnership building.

As part of efforts to strengthen the support ecosystem, the forum witnessed the signing of 51 agreements, along with the launch of a suite of new financing products. These included the Capital Expansion Product with a ceiling of up to SR10 million, the Payroll Product with a ceiling of SR2 million, and the Rental Product with a ceiling of SR1.5 million, aimed at supporting enterprises in asset development and covering operational costs. 

This reflects the bank’s direction toward offering more specialized financing tools that respond effectively to market needs.

The forum concluded by reaffirming its role as a unifying national platform for entrepreneurship, where accompanying activities and events provided direct engagement opportunities between entrepreneurs, investors, and experts. 

The forum also highlighted success stories and practical experiences that reflect the scale of entrepreneurial momentum in the Kingdom and the growing role of the Social Development Bank in supporting a national economy driven by innovation and knowledge.