PIF generated half a million jobs in Saudi Arabia
Saudi Arabia`s Public Investment Fund (PIF) has generated over 500,000 jobs in 13 strategic sectors.
One of the central roles of the PIF is to increase economic and business opportunities in the Kingdom...
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Saudi Green Initiative to be launched in November
Saudi Arabia will launch the Saudi Green Initiative in November as the Kingdom continues its journey towards a sustainable future.
Sustainability is at the heart of the Saudi Vision 2030{_blank}...
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Innovation driven by health sector in Saudi Arabia
Saudi Arabia is actively encouraging innovation in the health sector to promote healthier lifestyles with better mental health.
It is expected to result in superior healthcare with benefits including...
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Saudi Arabia’s hospitality sector is expanding quickly
Saudi Arabia welcomed 15 million tourists in the first three months of 2022 as the tourism sector witnessed a post pandemic revival.
Prior to the pandemic, Saudi Arabia transformed its tourist visa...
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Turkey and Saudi Arabia enroute to revive ties after visit
Saudi Arabia`s King Salman welcomed Turkish President Tayyip Erdogan recently at the al-Salam palace in the Red Sea city of Jeddah.
It is hoped the visit will lead to the normalisation of relations...
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Saudi Arabia improves status of foreign investors
Saudi Arabia`s most recent investment law is expected to increase international business in the country by 50 percent and significantly increase the country’s non-hydrocarbon gross domestic product.
The...
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Saudi Arabia’s economic performance in 2021
Saudi Arabia`s economy recovered in 2021 after a difficult year with the restrictions of the pandemic as national, regional and international vaccination campaigns were rolled out and had an effect also...
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Saudi Arabia launches Al Ula masterplan
Saudi Arabia has launched “The Journey Through Time” masterplan to develop the 200,000 year old area of Al Ula. It will be implemented in three phases with the first phase set to be completed by 2023...
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Saudi Arabia’s business activity expands rapidly
The Kingdom of Saudi Arabia has seen an increase in the business activity at the fastest pace since 2017 according to the most recent figures for the first half of the year.
[The Purchasing Managers...
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Launch of Business Start Up Saudi Arabia
Launch of Business Start Up Saudi Arabia
Dear businessmen and women, colleagues, friends and followers!
We are pleased to announce the launch of Business Start Up Saudi Arabia
It...
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The impact of the digital transformation on Saudi Arabia’s economy
The Kingdom of Saudi Arabia has the potential to double the size of the economy to SAR 6 trillion (USD 1.6 trillion), if it endorses, promotes and supports the digital transformation in the country.
This...
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Economic diversification is key to the growth of Saudi Arabia’s economy
Economic diversification is key to the development of the Kingdom of Saudi Arabia and the diversification of the economy. It is expected to have positive effects which will lead to long-term benefits for...
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Saudi Arabia’s economic outlook in line with the Saudi Vision 2030
Experts forecast that the economy of the Kingdom of Saudi Arabia will grow more significantly in the next years as the country looks towards economic diversification, self-sufficiency and sustainability...
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