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  • Saudi FDI dips ahead of looser laws in 2025

    Saudi Arabia received $9.7b of FDI inflows in the first half of 2024, according to data from the Saudi General Authority for Statistics. The kingdom was targeting $29b of FDI inflows by the end of the year, a goal which would require a significant turnaround in the coming months. The data comes ahead of the implementation of updated FDI laws meant to entice foreign investment.

  • Aside from Israel, Lebanon needs to be protected from another enemy: itself

    If Iran, and its militias, fail to respond, it means Israel also wins psychologically yet again. If Hezbollah retaliates as a group, or if any of its followers worldwide acts individually, this would distract global public opinion from the mounting accusations of war crimes committed in Gaza and Lebanon, and allow the Israeli government to repeat, yet again, that it is only defending itself.

  • Is a regional war between Israel and Iran inevitable?

    In terms of its impact on the Arab world, some have compared Nasrallah’s killing to the defeat of Egypt’s Gamal Abdel Nasser in 1967. Nonetheless, since Israel assassinated Nasrallah, the Lebanese organisation has attempted to project continuity, in terms of both its leadership and decades-long armed struggle against Israel. There has also been celebration in north-western Syria’s rebel-controlled Idlib governorate, where much hatred for Hezbollah still exists due to the group’s intense intervention in the Syrian crisis, beginning with the 2013 battle for Qusayr.

  • Iran’s ‘Axis of Resistance’ Outmatched By Israeli Intelligence And Weapons

    Past experiences suggest that Iran’s response will be cautious unless it has confidence that it can catch Israel off guard. That certainly occurred last Oct. 7, when Hamas stormed out of Gaza into southern Israel, killed 1200 Israelis, and took several hundred as hostages. But more recently, the intelligence advantage has been on Israel’s side, as evidenced by the methodical takedown of Hezbollah communications and personnel.

  • Commentary: Hezbollah is not finished yet

    The assassination of Hezbollah secretary general Hassan Nasrallah in Beirut will not diminish the group he once led. The killing demonstrates the counterintuitive notion that eliminating the head of an organisation does not always destroy it. Hezbollah has a bureaucratic set-up, with a robust ideology and communal support. Any armed organisation that benefits from all three tends to survive the death of its leader.

  • Federation of Saudi Chambers to Launch Platform for Entertainment Sector

    The Federation of Saudi Chambers, represented by the National Entertainment Committee, announced plans to launch a unique digital platform for the entertainment sector. The platform will connect private companies with each other to facilitate the provision of their services for entertainment events under one roof so as to enable them to access investment opportunities and link them together to create a connected and vibrant community.

  • Tawaref series: What you need to know about Saudi specialised licences

    After obtaining one of the 13 standard Licences (commercial, service, transport, etc), a business is legally registered in Saudi. However, they may be required to apply for additional Licences due to the nature of their business activities before they start operating. These additional permits are referred to as special Licences, as they are only needed under specific industry conditions. You can browse the many types of special Licences on the Saudi Business Centre website, where each Licence is classified by sector.

  • 2 firefighters die while battling huge blaze that ravages Jeddah International Market

    Two firefighters of the Civil Defense died while battling the huge blaze that devastated most parts of the Jeddah International Market, one of the oldest markets in the governorate. Members of the Civil Defense forces were able to extinguish the fire that broke out in the market, located close to Madinah Road in Al-Rawdah district, at around 6:00 on Sunday morning.

  • Saudi Arabia Claims Third Place in World Bodybuilding Championship

    The national bodybuilding team has made history by securing a remarkable third-place finish at the World Bodybuilding Championship. The competition, held in Kish Island, Iran, from September 23-28, saw participation from 65 nations. Saudi athletes showcased their dominance by clinching 27 medals, including seven gold, six silver, and 14 bronze. The gold medalists were Yousef Al-Naimi, Ahmed Al-Tasan, Mubarak Al-Zanan, Khaled Khan, Talal Househ, Hussein Al-Hammadi, and Ahmed Maghrabi.

  • Saudi FDI Struggles Cast Shadow Over Crown Prince’s Plans

    Inflows amounted to $9.7 billion in the first six months of 2024, according to data released Monday by the Saudi General Authority for Statistics. That’s just a touch higher than the prior year, when Saudi Arabia had its worst first-half haul since 2020. Still, FDI picked up 14.5% in the second quarter from the first, to $5.2 billion.