Saudi Automotive Industry set for Boost from high-level East Asia visit 

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 […]

New Business Council formed by Saudi and Poland to strengthen economic ties

New business counsil 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 

Saudi Cybersecurity Market rises

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 

saudi arabia weekly updates 25th august

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 […]

Saudi Arabia’s New Investment Law to support foreign investors  

new investment laws in KSA

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 […]

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