Saudi Insights: Fireworks lit up Saudi Skies in honour of 94th National Day
Hello! Ready to explore ‘Saudi Arabia this week’ by Analytix, with the latest weekly news updates and business insights from Saudi Arabia. Here we go! From 15th September to 22nd September 2024 Saudi Arabia’s 94th National Day celebrated with breathtaking fireworks show RIYADH: The 94th National Day of Saudi Arabia is being celebrated with firework displays, organised by […]
2024 sees Saudi Investment Licenses Doubled for Egyptian firms
RIYADH: In 2024, more than double investment licenses were given by Saudi Arabia to Egyptian firms, showcasing the strong economic ties between the two countries. Saudi Investment Minister, Khalid Al-Falih pointed out this during a meeting with Egyptian Prime Minister Mostafa Madbouly in Riyadh, which was organised by Federation of Chambers. The collaboration managed to create […]
Red Sea Global awards Saudi AMAALA project with $ 6.13 bn in contracts
RIYADH: AMAALA, a project in Saudi Arabia, being developed by Read Sea Global (RSG), has achieved great achievement with over 600 contracts amounting to $ 6.13 bn to global partners. It is expected that the project will be ready to host its first guests by 2025 and the aim is to facilitate the development of luxury […]
Saudi Insights: Saudi Industry Ministry holds discussion with Heads of Chinese lithium, copper mining firms
Hello! Ready to explore ‘Saudi Arabia this week’ by Analytix, with the latest weekly news updates and business insights from Saudi Arabia. Here we go! From 1st September to 7th September 2024 Italy becomes Saudi Arabia’s top choice for green energy supply to Europe RIYADH: Saudi Arabia wants to make Italy a key partner in exporting green energy, like […]
Saudi Automotive Industry set for Boost from high-level East Asia visit
RIYADH: Saudi Arabia’s automotive industry could receive a huge boost after a visit to East Asia by the Industry and Mineral Resources Minister, Bandar Alkhorayef. From September 1 to 8, Alkhorayef will tour China and Singapore to establish cooperation and investment partnership, seek collaboration in industrial sectors. The automotive market in Saudi Arabia is significant, representing […]
Saudi Insights: Real Estate transaction in Saudi Arabia rise to 38% in H1, reaching $ 34 bn
Hello! Ready to explore ‘Saudi Arabia this week’ by Analytix, with the latest weekly news updates and business insights from Saudi Arabia. Here we go! From 26th August to 31st August 2024 Real Estate transaction in Saudi Arabia rise to 38% in H1, reaching $ 34 bn RIYADH: The real estate market in Saudi Arabia rose to 38% in […]
New Business Council formed by Saudi and Poland to strengthen economic ties
RIYADH: Saudi Arabia and Poland have created a new joint business council for the term 2024-2028 to boost the commerce and investment between the two countries. The Saudi Arabia General Authority for Foreign Trade (GAFT) has concluded the establishment of the Saudi-Polish Business Council and appointed Abdullah bin Mohammed Abu Dubeil as chairman. He will be […]
Saudi Cybersecurity Market rises to 10.8% to $ 3.55 bn in 2023
RIYADH: In the year 2023, Saudi Arabia’s market size of cybersecurity increased by 10.8%, reaching $ 3.55 billion (SR 13.3 billion). This increase is due to the focus of the Kingdom to improve cybersecurity in both public and private sectors. Government spending accounted to SR 4.1 billion, which is 31% of total expenditure, with the private […]
Saudi Insights: New Investment Law introduced in Saudi Arabia
Hello! Ready to explore ‘Saudi Arabia this week’ by Analytix, with the latest weekly news updates and business insights from Saudi Arabia. Here we go! From 18th August to 25th August 2024 Saudi’s New Investment Law to support investors RIYADH: Saudi Arabia launched a new investment law on August 11, 2024. The law is a part of Saudi […]
Top global designing and engineering firms roped in for the development of the new Riyadh Airport
RIYADH: Global companies like Foster & Partners, Jacobs Engineering, Mace, and Nera have been called in to support the development of the King Salman International Airport in Riyadh, Saudi Arabia. The plan, led by the King Salman International Airport Development Co., a subsidiary of the Public Investment Fund (PIF), plans to develop the airport into […]
