The Saudi Arabian Monetary Authority granted 14 fintech licenses to companies in the crowd lending and payment services sectors. These are in addition to the 7 licenses granted earlier this Read More
Saudi Arabia had a budget surplus of SAR 27.8 billion ($7.41 billion) in Q1, driven by both oil and non-oil revenues. According to a report published by the Ministry of Read More
Today’s market is fast paced and consumer driven; customers have more power than ever in the purchasing process and are well informed before moving forward to buy. Building relationships is Read More
The Ministry of Labour and Social Development (MLSD) announced last Sunday of the introduction of their new portal, Qiwa. The portal will improve the current government e-services and support. There Read More
Government processes are a core part of doing business in Saudi Arabia and they can be complex. With the right support you can operate compliantly, however, if your government relations Read More
The shared services model for delivering corporate support through consolidating services is an expanding industry. The model has become increasingly popular since the mid 1990s as companies searched for ways Read More
Growth in Saudi Arabia’s non-oil private sector rose to its highest mark last month since December 2017. The monthly business conditions survey showed that the private sector new order growth Read More
Saudi Entertainment Ventures (SEVEN) plans to include virtual reality and live performance centres across their 20 planned entertainment complexes throughout the Kingdom, according to CEO Bill Ernest. SEVEN was launched Read More
The Ministry of Interior (Jawazat) announced last week that valid health insurance is mandatory when applying for an extension of duration of stay for Saudi visit visas. Those visiting the Read More
Payroll is an essential part of operating any business in Saudi Arabia and there are many regulations that companies are not aware of when setting up in the Kingdom. The Read More
