The historic Red Palace in Riyadh, Saudi Arabia, is getting a new lease on life. Built in 1943 by King Abdulaziz, the founding father of Saudi Arabia, this iconic palace is being transformed into a luxurious boutique hotel by the Boutique Group, a subsidiary of the Public Investment Fund (PIF). This transformation will preserve the palace's rich history while giving it a modern twist. Originally a gift to King Saud bin Abdulaziz, the Red Palace has seen decades of historic events. It was the first building in Saudi Arabia made with reinforced concrete and served as the headquarters for the...