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 […]
Saudi Insights: $ 3.46 trillion worth of contracts awarded for the development of road network in Riyadh

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 11th August to 17th August 2024 Saudi to invest $ 1 trillion in economy by 2030: Capex super cycle RIYADH: Saudi Arabia plans to spend $1 trillion in a “capex super cycle” […]
Saudi Arabia’s New Investment Law to support foreign investors

RIYADH: Saudi Arabia has unveiled its revised investment law as a part of its Vision 2030 strategy to attract international investors. The revised amendments consolidate investors’ rights and liberties into a single framework and enhance transparency, thereby facilitating business operations. Key features proposed in the law include improved protection for investors such as compliance with the […]
Saudi Insights: Saudi Arabia leads in the Employment Growth Index among 67 countries

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 04th August to 10th August 2024 153,000 Saudis land private sector jobs in the first half of 2024 In the first half of the year 2024, more than 153,000 Saudi men and […]