Tag Archives: 2027

Cheval Collection’s new, luxury serviced apartments in Riyadh, Saudi Arabia, will break ground this year, with construction due for completion in 2027. CHEVAL LADUN LIVING – a partnership with KSA-based Ladun Investment Company – is Cheval Collection’s first property in KSA and the third in the Middle East. The UK-based, award-winning hospitality brand currently operates Cheval Maison – The Palm Dubai and will open Cheval Maison – Dubai Expo City in 2025. Speaking at Arabian Travel Market, Cheval Collection’s Chief Operating Officer John Philipson, said: “Saudi Arabia is key to Cheval Collection’s continued expansion in the Middle East, and we are proud to add CHEVAL LADUN LIVING to our international property portfolio – and to KSA’s ever-growing hospitality offering. We look forward to breaking ground this year, and opening for business in 2027.” Located on King Fahd Road, close to Riyadh’s King Abdullah Financial Centre, CHEVAL LADUN LIVING will contain 130 one to three bedroom luxury apartments. The property will also feature a range of fitness and leisure amenities, including a gym, swimming pool and sauna. Construction of the tower will cost up to US$80 million. Cheval Collection’s first Middle East property – Cheval Maison – The Palm– celebrated its first successful year of operation last month. Meanwhile, the company’s 150 luxury apartment complex at Dubai’s Expo City, a repurpose of the prestigious Leadership Pavilion at EXPO 2020, is undergoing refurbishment ahead of its opening next year. Cheval Collection currently operates 800 luxury apartments across 13 properties in London, Edinburgh and Dubai.

Cruise Saudi Managing Director Fawaz Farooqui shared about Aman at Sea, Cruise Saudi’s joint venture with Aman, which is a new ultra-luxury yacht aimed at Very High Net Worth (VHNW) travellers. “Aman is a truly unique brand, it’s authentic intent is to provide a level of service, which is a home away from home, that is peerless in every way.” The 183-metre superyacht Aman at Sea will have 47 spacious suites along with a full spectrum of luxury amenities including an Aman-style spa with Japanese relaxation garden, several international Michelin-quality restaurants, and an on-board beach club, giving guests access to the water from the stern of the yacht. Aman at Sea is expected to be ready for cruising by 2027. Fawaz revealed the new Aman at Sea ultra-luxury yacht will have a 2:1 crew ratio to guests, placing a priority on the guest space ratio, along with creating the biggest suites in the industry. Speaking about what makes Saudi a premium destination, Fawaz said it was Saudi’s warm hospitality, authenticity, culture, and nature that made it such a valuable proposition. “We are sitting on thousands of years of heritage. Saudi used to be part of the Incense Route and we have a civilisation that goes back four or five thousand years BC,” Fawaz added.

In keeping with its position as a sustainable touristic destination, the Board of Directors of the Roads and Transport Authority (RTA) has endorsed a plan to transform taxis in Dubai (Dubai Taxi and franchise company taxis) into 100% environmentally friendly (hybrid, electric and hydrogen-powered) by 2027. The move meets the requirements of the Dubai Supreme Council of Energy, the Green Economy drive, and the Dubai Government’s strategic directions toward comprehensive environmental sustainability. His Excellency Mattar Al Tayer, Director-General, Chairman of the Board of Executive Directors of the Roads and Transport Authority, said, “The plan to transform taxis into environmentally-friendly vehicles translates the directives of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice-President, Prime Minister of the UAE, Ruler of Dubai to optimise energy usage and promote environmental sustainability in the UAE. RTA has taken decisive action toward creating a safe, clean, and sustainable environment that befits Dubai’s reputation. This initiative supports the Dubai Government’s efforts to introduce green vehicles and promote a cleaner environment. RTA has made remarkable progress in this regard, successfully transforming 72% of the taxis in Dubai into environmentally friendly vehicles, comprising a total of 8,221 hybrid vehicles. This significant accomplishment aligns with the overarching goal of optimising energy usage, creating a sustainable environment, and positioning Dubai as a leader in promoting green transportation. “The 5-year plan (2023-2027) aims to switch the entire taxi fleet into fully environmentally-friendly (hybrid, electric and hydrogen-powered) within five years at a rate of 10% per annum to achieve the targeted 100% by 2027. The plan is aligned with RTA’s roadmap for transforming public transport means into emission-free by 2050,” explained Al Tayer. “The results of experiments on eco-friendly vehicles, which …