Saudi Arabia Extends Expat Fee Waiver for the Industrial Sector to Boost Growth
Saudi Arabia has extended its expatriate fee waiver for industrial sector workers until December 31, 2025, building on the policy introduced in 2019. This extension aims to stimulate further growth and attract investment in the sector.
Saudi Arabia’s Trade Surplus Reaches US$26.13 Billion in Q2 2024, Setting a New High
Saudi Arabia’s international trade in Q2 2024 totaled SAR 490.657 billion, with merchandise exports leading the way at SAR 294.51 billion.
The UK’s New Trade Priorities and Investment Prospects in the Middle East
Under Prime Minister Keir Starmer and Business and Trade Secretary Jonathan Reynolds, the Labour government aims to make the UK the fastest-growing economy in the G20, with a strategic focus on expanding trade abroad to drive domestic economic growth.
Saudi Arabia’s PIF Eyes New Cargo Airline to Strengthen Logistics Hub Ambitions
In a strategic move to position Saudi Arabia as a global logistics powerhouse, the Public Investment Fund (PIF), the kingdom’s sovereign wealth fund, is reportedly exploring the creation of a new cargo airline.
Saudi Arabia and UAE Drive M&A Activity to US$10 Billion in H1 2024, Enhancing MENA’s Global Influence
In the first half of 2024, MENA M&A activity surged to US$49.2 billion, with Saudi Arabia and the UAE leading with US$10 billion in deals, driven by strategic investments from sovereign wealth funds and a rise in cross-border transactions.
Saudi Arabia Tourism Soars in 2023: Key Insights
Tourism in Saudi Arabia surged to unprecedented levels in 2023, with the country recording over 100 million overnight visitors across the year.
Gulf Nations Invest in AI Capabilities
GCC countries are making impressive strides in artificial intelligence (AI) development, with Qatar leading the charge in terms of investment.
Revolutionizing GCC Logistics: Impact of the Proposed Kuwait-Saudi Railway
As the GCC continues to invest in infrastructure and modernize its logistics networks, the Kuwait-Saudi Railway will play a central role in shaping the future of freight transport in the region.
Saudi Arabia, Thailand Strengthen Economic Ties with New Investment Office in Riyadh
The Riyadh investment office is part of Thailand BOI’s broader strategy to extend its presence across the Middle East, underscoring the country’s ambition to position itself as a gateway for Middle Eastern investors looking to access ASEAN markets.
Leveraging Opportunities in Saudi Arabia’s Renewable Energy Sector
We briefly discuss the opportunities and strategic considerations for businesses looking to engage in Saudi Arabia’s emerging renewable energy sector.











