The announcement of Soudah Peaks was made through an integrated campaign titled ‘Above the Clouds’ that spanned various platforms, including a digital presence, a video showcasing the natural beauty and...... continue reading
The idea is to open up the economy and end its dependence on oil and gas; modify the existing fundamentalist tradition, which dates back to the alliance between Saudi authorities...... continue reading
Construction and real estate are entering a golden era of growth in Riyadh and across Saudi Arabia as the ambitious reforms of Vision 2030 take effect and fundamentally transform...... continue reading
The Ministry of Human Resources and Social Development announced that the second phase of the Saudization of consulting services professions has come into force on Monday, March 25. The second...... continue reading
The amendments to Saudi Arabia’s intellectual property law are reflective of a broader strategic intent to cultivate an innovation-driven economy, aligning with Vision 2030 objectives. By extending the protection period...... continue reading
Saudi Arabia is embarking on an unrivaled spending spree on everything from mega projects to sports and technology in a bid to prepare for a post-oil future. It appears the country...... continue reading
There is a certain amount of confusion among observers about Saudi economic strategy. We can gain clarity on this if we look at the many initiatives of Vision 2030 in...... continue reading
In the past 18 months, Saudi Arabia has won the bid to host the World Expo 2030 (in a landslide vote); secured the 2029 Asian Winter Games and 2034 World...... continue reading
Economists widely advise against procyclical fiscal policies. Nonetheless, evidence suggests many countries, especially emerging economies, commonly undertake such policies. For example, during an economic expansion, governments tend to increase spending...... continue reading
Al-Falih said that during this decade alone, Saudi Arabia will add more than $3 trillion in investments to the economy, and a large share of these investments will be allocated...... continue reading
It is important that investors understand the long-term structural changes to the Saudi economy that are taking place and the opportunities they offer, the head of the National Development Division...... continue reading
Under the RHQ Tax Rules, RHQ entities established in Saudi Arabia that meet the relevant criteria are granted a 30-year renewable tax incentive of 0% corporate income tax (CIT) and...... continue reading