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Saudi Arabia: Daily Business Update.
Stay informed with our Daily update on key Saudi business developments
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 hellip
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 hellip
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 hellip
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 hellip
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 hellip
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 hellip
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 hellip
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 hellip
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 hellip
Top global designing and engineering firms roped in for the development of the new Riyadh Airport
RIYADH Global companies like Foster amp 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 hellip
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 hellip
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 hellip
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 hellip
Saudi Arabia opens bid for seven mining exploration licenses
RIYADH Saudi Arabia announces seven new mining exploration licenses which covers around 1 000 square kilometers This initiative was launched by the Ministry of Industry and Mineral Resources on August 7 and it seeks to encourage both local and global investors to explore these mineral rich sites The exploration sites are located in different regions and they contain hellip
Saudi Arabia introduces new labor law changes: extended maternity leave, new notice policies and more paid leave
Saudi Arabia has recently declared major reforms to its labor laws in an effort to enhance job stability and protect employees rights The Ministry of Human Resources and Social Development has stated that the new amendments will make the work environment more appealing and the amendments will be in sync with Vision 2030 Key changes hellip