More than 13 government and private sector entities convene in Riyadh to sign $2 billion in new petrochemical investments
SAGIA
Latest in SAGIA
Hospitality
India-based OYO reveals $1bn expansion plans for Saudi Arabia
OYO will also set up two OYO Skill Institutes to train Saudi graduates in hotel management
Ahmed Al Khateeb
Saudi Arabia announces $27bn plan to transform tourism
Series of mixed-use tourism and entertainment projects planned including the region’s largest ski slope and snow park
Abu Dhabi
Saudi Arabia awards investment licences for energy projects worth $240m
Total number of foreign investor licences issued by Saudi Arabia in H1 is more than double the number issued in 2018
digital payments
Chinese payments firm eyes growth amid Gulf e-commerce boom
iPayLinks says it is aiming to build up a one-stop payment solution for the Middle East
Colliers
Saudi education sector primed for private investment
Colliers International report reveals an additional 800,000 seats needed in sector by 2030
British businesses
Saudis issue 70% more foreign business licences from year ago
Applications from British and Chinese companies drove the increase, rising by 86% and 71%, respectively
Arron Li
China’s Jollychic inks deal to help develop Saudi digital landscape
Chinese start-up which sells fashion and is primarily focused on the Middle East markets to support the acceleration of Saudi Arabia’s digital transformation
Ibrahim Al Omar
Saudi Arabia signs investment agreements worth $28m in India
The number of Saudi licenses issued to Indian businesses grew by 181% in 2018.
economic reforms
Saudi ‘investment principles’ to boost investor confidence, says SAGIA
Foreign direct investment into Saudi Arabia grew 127 percent in 2018
Al Ula Saudi Arabia
500 entertainment companies set up in Saudi Arabia in last year
The Saudi Arabian General Investment Authority believes that tourism companies and Hajj-related customer service will provide a boost to the kingdom’s economy
Ahmed Linjawi
Saudi Arabia turns to golf to tee up foreign investment
Saudi officials say the kingdom is increasingly turning to sports to bring potential investors to become familiar with the country and business opportunities there
economic reforms
Saudi Arabia unveils seven ‘investment principles’
In 2018, Saudi Arabia saw foreign direct investment (FDI) rise by 127 percent year-on-year
SAGIA
$4.4bn deals signed to add thousands of new Saudi homes
Saudi Arabian General Investment Authority announces investments in the kingdom’s real estate and construction industry
Colliers International
Saudi Arabia said to require 3,700 extra doctors by 2020
New Colliers report also forecasts the need for additional 18,400 hospital beds to cope with population rise
Dammam
Saudi foreign investment licences increase by 130% in Q1
Saudi Ministry of Justice says 68 new investment licences issued during first quarter of 2018
affordable homes
US-Saudi consortium to build mixed-use project in Riyadh
Global Business Ventures wins licence to build 25,000 affordable homes in Saudi capital city