Saudi officials are in talks with private sector businesses to see how the government can adjust economic reforms. Government officials said they are open to constructive dialogue with the private Read More
Saudi Arabia launched their ambitious programme to attract $427 billion worth of investments in the industrial and logistics sectors. The 12-year programme has started with the signing of 37 agreements Read More
The Ministry of Labour and Social Development (MLSD) have announced changes to the block visa validity, employee onboarding impact on Nitaqat and the compensatory visa. Block visa In October 2017, Read More
The Human Resource Development Fund (HRDF) in Saudi Arabia will be providing 30% of salaries of Saudis working in the private sector for the first year to stimulate Saudization, increase Read More
The Saudi government announced they will offer cash incentives to private sector employers who hire Saudis. The programme will offer support for Saudi employees earning between SAR4,000 ($1,066) and SAR10,000 Read More
The Saudi Arabian General Investment Authority (SAGIA) have reported a 99% increase in the number of licensed investments in 2018, with a 100% increase in the number of investment expansion Read More
Saudi Arabia will extend new work visas for expats working in the private sector for two years instead of one, without additional fees. The announcement came from the Ministry of Read More
Saudi Arabia have awarded the contract to build a $500 million wind farm. The contract, awarded last Thursday was a first for the Kingdom as the government works to diversify Read More
We are happy to announce that due to company growth and expansion, Proven has started 2019 by moving our Dubai corporate office to 3601, Jumeirah Business Centre 1, Cluster G, Read More
The multi use complex will have facilities for sports events, live events, F&B outlets and cinemas A new mega entertainment complex has been announced for Riyadh by the Saudi Entertainment Read More
Saudi Arabia has limited 41 job roles in Madinah to its’ citizens. The decree, issued by the Ministry of Labour and Social Development (MLSD), covers a range of roles from Read More
Foreign investment in Saudi Arabia more than doubled in 2018 to SAR13 billion ($3.5bn). Foreign investment in 2018 rose 110 percent from the previous year. This is partly due to Read More
Saudi Arabia plans to increase budget expenditure in 2019 to continue to boost economic growth. The proposed spending for 2019 is SAR1.106 trillion ($295bn), up 13 percent from this year’s Read More
Saudi Arabia announced they will introduce the e-visa system to general visitors. The Kingdom first trialled the e-visa system but restricted it to those visiting the Kingdom for events only. Read More
Saudi Arabia experienced much growth and development in 2018 with the government implementing reforms that have enhanced life in the Kingdom for both expats and nationals. The government continued to Read More
Saudi Arabia is becoming an increasingly favourable location for foreign investment, with an opportune market and inviting business environment, it is one of the top locations for Middle East investment. Read More
Saudi Aramco and Raytheon, an American defense contractor, have signed an agreement, to form a joint cybersecurity company. The company will market and provide cybersecurity software and hardware as well Read More
As a part of the development program of the ancient Ad Diriyah city in Saudi Arabia, King Salman will announce the restoration of the Al-Turaif historical district which will help Read More
The Saudi economy is showing signals that it is recovering from the austerity measures imposed earlier this year with the non-oil private sector showing significant growth. The Emirates NBD Purchasing Read More
Two Saudi designed satellites were launched into space from China this week. The satellites, known as Sat 5a and Saudi Sat 5b, were developed by King Abdulaziz City for Science Read More
