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Tag: Saudi Arabia

Posted on February 17, 2021

Saudi Arabia to continue with reforms, enhance investment environment: Al-Falih

Minister of Investment Khalid Al-Falih Saudi Arabia is in the pursuit of reforms and development in all fields, Saudi Press Agency reported, …

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Posted on February 16, 2021

‘Dramatic and risky’ — and a shot at Dubai? Saudi Arabia issues bold business ultimatum to pull regional HQ offices into the kingdom

Saudi Arabia announced late Monday that by 2024 its government would cease doing business with any international companies whose regional headquarters were not based within the kingdom. What began as …

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Posted on February 16, 2021

Factbox: Saudi Arabia’s main economic and social reforms, investor concerns

A requirement for foreign firms to have a regional HQ in Saudi Arabia to qualify for state contracts from 2024 is the latest in a series social and economic reforms intended to modernise the …

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Posted on February 16, 2021

Analysis: Saudi Arabia eyes Dubai’s crown with HQ ultimatum

By Marwa Rashad, Davide Barbuscia and Hadeel Al Sayegh DUBAI (Reuters) – Saudi Arabia has raised the stakes in a competition with freewheeling Dubai for foreign talent and cash. From 2024, the …

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Posted on February 16, 2021

Saudi Arabia, UAE involvement may complicate a U.S.-Iran deal: Analyst

Torbjorn Soltvedt of Verisk Maplecroft says securing a U.S.-Iran deal is going to be more difficult if additional expectations from Saudi Arabia and the UAE are included in any agreement.

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Posted on February 16, 2021

Saudi Arabia, UAE involvement may complicate a U.S.-Iran deal: Analyst

Torbjorn Soltvedt of Verisk Maplecroft says securing a U.S.-Iran deal is going to be more difficult if additional expectations from Saudi Arabia and the UAE are included in any agreement.

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Posted on February 16, 2021

Foreign companies pushed to site regional HQs in Saudi Arabia

Saudi Arabia will stop awarding contracts to foreign companies that do not have their regional headquarters based in the kingdom within three years in the latest move by Crown Prince Mohammed bin …

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Posted on February 16, 2021

Trade between Saudi Arabia and Qatar to resume today

Trade of goods between Saudi Arabia and Qatar has resumed through the Abu Samra border crossing Sunday, Feb. 14, Qatar’s General Authority of Customs announced. In addition to normal trade regulations …

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Posted on February 16, 2021

STC receives accolades as it expands its 5G network in Saudi Arabia

According to CITC, STC has the highest mobile download speed in the Kingdom, with a 5G network that reaches a speed of 342.35 MB/s.

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Posted on February 15, 2021

Venture builder Rainmaking targets Saudi Arabia in new Gulf expansion drive

Copenhagen-based company is also in the process of raising funds in the UAE and Saudi Arabia to finance growth ambitions …

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