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  • U.S.-Saudi Business Council Announces New CEO

    Mr. Hallab is a long-standing member of the Board of Directors of the Council and the founder of Barrington Global, an international legal and strategic advisory firm focused on the intersection of law, business and policy between the Middle East and the West. Mr. Hallab previously served as Chair of the Middle East Practice at the global law firm of Mayer Brown and in multiple leadership roles both at Mayer Brown and at the international law firm of Baker McKenzie.

  • Saudi Arabia Launches a $266 Million Boulevard Business Park in Riyadh

    The Boulevard Business Park, unveiled by the General Entertainment Authority (GEA), is a visionary development within the Boulevard City and is designed to uplift Riyadh’s artistic and entrepreneurial landscape even further and propel Saudi Arabia’s flourishing creative economy. With an investment of over $266 million (SAR 1 billion), this pioneering project represents the first phase of an ambitious urban revitalization plan for the Boulevard District.

  • Saudi Arabia’s GOSI extends fine exemption for businesses

    Launched by GOSI in March, the initiative aims to help establishments mitigate the financial impacts of fines, correct their insurance status, and settle debts, the Saudi Press Agency reported on Saturday. It is part of GOSI’s efforts to support the business sector, encourage insurance compliance, and improve customer satisfaction. With a 100 percent exemption rate, subscription amounts due to GOSI must be paid through Taminaty Business.

  • Saudi Arabia’s GOSI extends fine exemption for businesses

    Launched by GOSI in March, the initiative aims to help establishments mitigate the financial impacts of fines, correct their insurance status, and settle debts, the Saudi Press Agency reported on Saturday. It is part of GOSI’s efforts to support the business sector, encourage insurance compliance, and improve customer satisfaction. With a 100 percent exemption rate, subscription amounts due to GOSI must be paid through Taminaty Business.

  • Saudi Arabia Launches a $266 Million Boulevard Business Park in Riyadh

    The Boulevard Business Park, unveiled by the General Entertainment Authority (GEA), is a visionary development within the Boulevard City and is designed to uplift Riyadh’s artistic and entrepreneurial landscape even further and propel Saudi Arabia’s flourishing creative economy. With an investment of over $266 million (SAR 1 billion), this pioneering project represents the first phase of an ambitious urban revitalization plan for the Boulevard District.

  • Saudi Arabia announces $266m Boulevard Business Park as Riyadh creative hub

    The project includes more than 60,000sq m of leasable space, offices and headquarters for companies, co-working zones for entrepreneurs, retail stores, concept stores for national and international brands, an outdoor art gallery, a gym, a spa, a suspended pool, and hanging gardens.

  • The Formation of the Saudi-Foreign Business Council

    GAFT oversees the Joint Business Councils, which are representatives from the Kingdom's business sector and their counterparts in other countries, who have investments or business operations, and they are (45) bilateral and regional business councils.

  • Saudi-Portuguese economic cooperation gathers steam with creation of Business Council

    The Council Chairman Al-Baltan said that the formation of the council represents a new stage in the path of economic relations between Saudi Arabia and Portugal so as to enable the business sectors to benefit from promising investment opportunities in the two countries as well as to enhance trade and investment partnerships between the two sides.

  • 59% of Saudi family businesses have no succession plan: CEO of NCFB

    The regions of Qassim and Riyadh lead in the presence of family businesses in Saudi Arabia, constituting 95% of the active commercial establishments and employ 57% of the private sector's workforce, accounting for 48% of the total workforce in Saudi Arabia, Al-Eqtisadiah newspaper reported. Moreover, 69% of family businesses are concentrated in Riyadh, Makkah, and the Eastern Province, which is a natural reflection of the economic activity in Saudi Arabia.

  • 59% of Saudi family businesses have no succession plan: CEO of NCFB

    The regions of Qassim and Riyadh lead in the presence of family businesses in Saudi Arabia, constituting 95% of the active commercial establishments and employ 57% of the private sector's workforce, accounting for 48% of the total workforce in Saudi Arabia, Al-Eqtisadiah newspaper reported. Moreover, 69% of family businesses are concentrated in Riyadh, Makkah, and the Eastern Province, which is a natural reflection of the economic activity in Saudi Arabia.