Saudi Arabia: Daily Business Update.

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 30th June to 07th July 2024 Saudi PIF leads in Middle East and ranks 2nd Worldwide in 2024 GSR scorecard RIYADH The PIF of Saudi Arabia has remained the top ranked province in the hellip

RIYADH The Saudi Ministry of Commerce registered over 120 000 new commercial registrations in the second quarter of 2024 which is 78 more than in the same period of the previous year According to the ministry s data the number of issued business IDs reached 121 521 against 68 222 a year before The data also revealed key sectors hellip

RIYADH The Kingdom of Saudi Arabia recorded a rise in Tourists spending by 23 during the first quarter of the year reaching SR 45 billion $12 billion Saudi Central Bank reported a SR 24 billion surplus in travel spending in 2024 a 46 higher than the previous year This rise is in line with Saudi hellip

RIYADH The Kingdom of Saudi Arabia recorded a 5 6 rise in Foreign Direct Investment FDI during the first quarter of 2024 reaching a SR9 5 billion $2 53 billion which stood at SR9 billion the previous year This growth reflects the potential of the Kingdom as a destination for international investors and supports Vision 2030 goals to improve hellip

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 24th to 29th June 2024 Saudi Arabia invited AI Key Industry players to set up their presence in the Kingdom RIYADH Saudi Arabia has taken a few steps to attract International AI hellip

RIYADH The British investors have exhibited strong interest for investments in Saudi Arabia s renewable energy as well as sustainable infrastructure market which aligns with Saudi Vision 2030 In a sustainable infrastructure presented in the UK Saudi Sustainable Infrastructure Summit held in London on 24th June key projects include NEOM Qiddiya the Red Sea Project ROSHN and hellip

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 17th to 23rd June 2024 Saudi Arabia 8217 s Vision 2030 Exceeds Targets for Women 8217 s Leadership and Employment RIYADH Saudi Arabia s Vision 2030 has improved women s leadership in the labour market where 1 707 hellip

Saudi Arabia has upgraded its competitiveness ranking to 16th place out of 67 countries in the IMD World Competitiveness Yearbook This is according to the Swiss based Institute for Management Development annual report on business legislation and infrastructure the Kingdom boasting of a 4th position among G20 countries The National Competitiveness Center in cooperation with other hellip

Saudi Arabia is considering a significant policy change that would allow foreign law firms already licensed to practice in the country to establish companies fully owned by non Saudis This initiative aims to boost foreign investment as announced by the National Competitiveness Center NCC The NCC shared on its X platform that it is seeking public hellip

Saudi Arabia s mining sector restructuring has set the Kingdom as the fastest growing regulatory and Investment friendly environment in the world over the last five years according to a report by MineHutte a research amp consultancy firm With these measures in place the Kingdom has risen to become the second ranked country globally in terms of friendly hellip

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 02nd to 08th June 2024 Saudi Arabia Unveils Incentives Framework for Environmental and Meteorological Investment RIYADH On World Environment Day observed on June 5 2024 Saudi Arabia announced an incentives hellip

In a major boost to Saudi Arabia 8217 s investment appeal 127 international companies relocated their regional headquarters to the Kingdom in the first quarter of 2024 This represents an impressive 477 percent increase from the same period in 2023 highlighting Saudi Arabia 8217 s growing allure as a prime business destination The Saudi Ministry of Investment has played hellip

Hello Ready to explore nbsp Saudi Arabia this week nbsp by Analytix with the latest weekly news updates and business insights from Saudi Arabia Here we go From 26th to 31st May 2024 Smart Cities Expo Empowers Cognitive Living in KSA Amid Urbanization Wave in KSA As Saudi Arabia advances in its urban development smart cities have become a hellip

On Thursday Saudi Arabia 8217 s Finance Minister Mohammed Al Jadaan led the Kingdom 8217 s delegation at the 121st meeting of the Gulf Cooperation Council 8217 s Financial and Economic Cooperation Committee in Doha Qatar According to the Saudi Press Agency chaired by Qatar 8217 s Finance Minister Ali bin Ahmed Al Kuwari the meeting included other Gulf finance ministers and GCC Secretary General Jassim hellip

The Kingdom of Saudi Arabia and Austria have taken a big step together to boost economic cooperation by signing a new MoU Memorandum of Understanding His agreement was made during the Saudi Austrian Joint Committee meeting in Vienna The MOU was signed by Faisal bin Fadel Al Ibrahim Minister of Economy and Planning of Saudi Arabia and hellip