Inter Milan breaks new ground as first club to secure Saudi Investment License
Inter Milan has now been granted an investment license from Saudi Arabia’s Ministry of Investment (MISA) making the Italian club the first international football club to have secured the license. This business license in Saudi Arabia allows Inter Milan to formally start its operations in Saudi Arabia where it seeks to increase its reach and […]
Red Sea Project In Saudi Arabia: Opportunities for Global Companies
The Red Sea Project in Saudi Arabia, one of the three major investment projects detailed in the Saudi Vision 2030, is building the future of Saudi Arabia. This $17 billion project is expected to contribute $5.3 billion to the GDP of Saudi Arabia and create 70,000 induced, direct and indirect job opportunities. Though launched 6 […]
Business Visa in Saudi Arabia
Saudi Arabia is a land of great business opportunities. With the recent economic diversification efforts of Saudi Arabia to more industries, the country is becoming a hub for rigorous business activities. It is a great place to grow and expand your businesses. But inorder to travel to the country for business purposes, you need a […]
Investment Law in Saudi Arabia: Top 20 FAQs Answered for Investors
Investment law in Saudi Arabia plays a major role in the projection of Saudi Arabia as a global hub for investment and business activities. It aims to create an investment-friendly environment in the country by simplifying licensing procedures, tax incentives and protection against expropriation. Curious to know more about investment law in Saudi Arabia? Refer […]
Saudi Arabia plans to make huge investment of $1tn in non-oil economy by 2030
As a part of the ambitious Vision 2030, Saudi Arabia plans to invest $1 trillion in its non-oil economy, which really seems to be shifting this nation from oil-based income model. This development plan is expected to usher in a new era of the economic structure of the Kingdom and will open up vast opportunities […]
What Makes PRO and GRO Services An Essential Element of Foreign Business Growth in Saudi Arabia
Business expansion to foreign countries can be both exciting and challenging. The most challenging process evolved would be to navigate the complex regulatory environment of the chosen country. And here comes the role of Public Relations Officer (PRO) and Government Relations Officer (GRO) services as they provide timely and valuable support to foreign businesses entering […]
MoA and AoA Requirements in Saudi Arabia
The business environment of Saudi Arabia is getting evolved and it is on its path towards becoming a global hub for business activities. So understanding the laws and regulations regarding company formation is essential for businesses and investors alike. Two documents that play an important role in the business incorporation process in Saudi Arabia are […]
Saudi Arabia Witnesses Huge Rise in Tourist Spending
Saudi Arabia has recently reported a tremendous growth in the tourism spending, which is giving a new face lift to Saudi Arabia on the map of International tourism. This is mainly due to the Kingdom’s Vision 2030 plan that is seeking to diversification of economy and reducing oil dependency by targeting sectors such as travel […]
Riyadh to be Among Top 15 Fastest Growing Cities by 2033
According to Savills Growth Hubs Index, Riyadh ranks among the top 15 fastest growing cities by 2033, and it is the only non Asian city featured in the report and its potential is calculated to be 26% per cent population growth. Inclusion of Saudi’s capital city in the report highlights the capability of the city […]
Riyadh dominates Saudi Arabia’s construction market
According to a new research, around 40% of the total value of existing construction contracts in Saudi Arabia accounts to Riyadh and nearer areas at a worth of US$ 54 billion. The provinces of Mecca, which encompasses Jeddah, and Tabuk in the north of the kingdom are next after the capital region with $28. $5 […]
