Massive investment in mega tourism projects to the tune of $810 billion is expected to transform Saudi Arabia as one of the largest leisure tourism industries in the world over the next decade.
Saudi Arabia General Investment Authority
Latest in Saudi Arabia General Investment Authority
business leaders
AB Live: Retail Leaders Circle MENA Summit 2020 in Riyadh
This week AB Live goes to Riyadh, Saudi Arabia for the Retail Leaders Circle, the region’s most powerful gathering of top executives from different spectrum’s of the retail industry, including Khalid Tash from SAGIA, Renuka Jagtiani from Landmark Group, Norma Taki from PwC, Madhur Mehra from Visa, and Ramy Fares from Microsoft.
diversify economy
Video: Can Saudi really be the tourist haven it promises to be?
For the first time in centuries, Saudi Arabia has decided to open up its ultra-conservative kingdom to holidaymakers as part of a push to diversify its economy away from oil. How?
Bill Ernest
Let me entertain you: the new Saudi Arabia
The kingdom is increasingly turning to untapped sectors like sports and entertainment, in a bid to help boost foreign direct investment
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
digital infrastructure
Saudi Arabia partners with Huawei on smart Umrah and Hajj technology
The kingdom wants to improve the pilgrimage experience for Muslims participating in Umrah and Hajj
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
Entrepreneur
Saudi Arabia helping foreign start-ups to get business licences
Kingdom is the biggest backer of a $100 billion tech fund for start-ups