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New Business Boom Drives Growth in Saudi Arabia’s Non-Oil Private Sector
New Business Boom Drives Growth in Saudi Arabia’s Non-Oil Private Sector Saudi Arabia’s non-oil private sector has experienced a significant growth surge, driven by a remarkable boom in new businesses. This surge, as indicated by the latest data from the Purchasing Managers’ Index (PMI) provided by Riyad Bank, showcases the country’s commitment to diversifying its […]
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Saudi Arabia Launches Business Visit Visa for Global Investors
Saudi Arabia Launches Business Visit Visa for Global Investors New Saudi Arabia Business Visit Visa Facilitates Exploration of Flourishing Investment Landscape by Foreign Investors In a collaborative effort between the Ministry of Investment and the Ministry of Foreign Affairs, a new Business Visit Visa, known as the “visitor investor” visa, has been introduced. This visa is […]
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Saudi SEZs Secure $12.6 Billion Investment in Maritime, Mining, Manufacturing, and Logistics Sectors
Saudi SEZs Secure $12.6 Billion Investment in Maritime, Mining, Manufacturing, and Logistics Sectors The Kingdom of Saudi Arabia has made significant strides in diversifying its economy through the establishment of Special Economic Zones (SEZs). These designated zones have attracted substantial investments, totaling $12.6 billion, from various sectors such as maritime, mining, manufacturing, and logistics. […]
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Saudi Arabia Allocates $248 Million to Support Housing Contracts Under Vision 2030 Goals
Sakani Program Aims to Raise Housing Ownership to 70% by 2030 Saudi Arabia’s Real Estate Development Fund (REDF), in collaboration with the Ministry of Municipal and Rural Affairs and Housing, deposited SR933 million ($248 million) into the Sakani accounts of Saudi families in April. The initiative aims to enable and support Saudi citizens to own […]
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Saudi Arabia Allocates $80 Billion for Water Infrastructure Under ision 2030
Saudi Arabia’s effort to ensure that everyone has equitable access to safe and affordable drinking wate According to the Saudi Press Agency (SPA),the Kingdom’s delegation to the UN 2023 Water Conference in New York from March 22–24 was led by Dr. Abdulaziz Al-Shaibani, the Deputy Minister for Water at the Ministry of Environment, Water and Agriculture. […]
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