Quicksplained: What is Saudi Arabia's Diriyah Project, which is seeing interest from Indian firms?
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Quicksplained: What is Saudi Arabia's Diriyah Project, which is seeing interest from Indian firms?

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Saudi’s $63 billion Diriyah Project is fast becoming the centre of attention. CEO Jerry Inzerillo, attending the World Economic Forum Annual Meeting 2025 in Davos, has said the project known as ‘City of Earth’ already has big names such as Tatas, Oberois and the Taj Hotels on board. “There is already a lot of interest from Indian companies – especially the hotel sector with the Taj Hotel group set to open their 250th property here in Diriyah with 202 rooms,” Inzerillo said. “At Diriyah, we are keen to enhance the impact of India as one of Saudi Arabia’s biggest trading partners, ranking among the top in bilateral trade, with a trade volume of approximately $52.8 billion in 2022-23,” Inzerillo told PTI. Inzerillo said Diriyah will create 178,000 jobs and add $18.6 billion to Saudi Arabia’s GDP.

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