The unprecedented momentum reshaping Saudi’s business capital is accelerating. The W Riyadh is scheduled to open in 2025 in the KAFD area, offering 210 guest rooms and suites, seven dining venues, retail spaces and event facilities, joining a hospitality boom that saw Riyadh’s Average Daily Rate outpace Dubai, Hong Kong, and Madrid in 2024. The Jawharat Riyadh mixed-use development is set to open in the coming months, while Armani Hotel Diriyah will comprise 70 elegantly appointed rooms with private spas and swimming pools as part of the $63 billion Diriyah Gate project. The capital’s office market tells an equally compelling story, powered by #26-ranked Large Companies and Top 25 Labor Force Participation. Premium office rents jumped 21% year-on-year in Q1 2025 as hundreds of companies relocated to Riyadh in 2024 under the Regional Headquarters program. Grade A office vacancy sits under 4%, with the King Abdullah Financial District now fully operational and drawing major multinational tenants. Vision 2030’s crown jewels are taking shape as the New Murabba is projected to add $48 billion to non-oil GDP and create 334,000 jobs by 2030. The project’s centerpiece, The Mukaab – a 400-meter cube-shaped structure – will anchor the blooming, booming skyline of the desert metropolis.