Saudi Arabia will hold its inaugural Red Sea Fashion Week in May, featuring three days of runway shows with collections from Saudi and international designers.
Saudi Arabia will host its first Red Sea Fashion Week in May 2024, organizers announced. The three-day event will showcase luxury fashion, jewelry, ready-to-wear and resort wear collections.
The event will open with an opening show, followed by two days of runway presentations and activations. Designers from Saudi Arabia and internationally will participate.
Nayla, a Saudi fintech providing AI-powered lending to micro-businesses, has raised approximately $18 million in equity and debt financing.
Syarah, a Saudi Arabian online car marketplace, has raised $12 million from Impact46 to expand its operations across the Kingdom.
Saudi Arabia, Turkey and Pakistan signed a collective-defence agreement on August 7, 2026, pledging to treat an armed attack on any one signatory as an attack on all three.