With assets totaling 496 billion Saudi riyals ($132.26 billion), the National Development Fund also contributes to the kingdom’s economy through a number of funding initiatives. Through its affiliates, the
According to a Boeing official, Saudi Arabia, which is launching a plan to grow its aviation industry, has the potential to become a major force in the Middle Eastern
In an effort to implement its National Spectrum Strategy, the Communications and Information Technology Commission has just recently published the Spectrum Trading Regulations (2020-2025). These rules seek to implement
Burjeel Holdings, a leading healthcare company based in the United Arab Emirates, and the Saudi Arabian Ministry of Investment have signed a memorandum of understanding (MoU) to cohesively explore
By 2030, Saudi Arabia is expected to surpass all other countries as the largest construction site in the world, according to global real estate consulting firm Knight Frank. It
The Ministry of Commerce issued a warning against utilizing various strategies to advertise products on social media. Any infractions of the E-Commerce Law’s provisions and its executive rules will
The Ministry of Finance has revealed in its 2023 pre-budget statement that Saudi Arabia assessed public revenue in the 2023 budget at SR1,123 trillion and expenditures at SR1,114 trillion,
On the sidelines of a trip to Singapore intended to highlight investment opportunities in the digital economy and innovation, Minister of Communications and Information Technology Eng. Abdullah Bin Amer
The world’s largest oil exporter, Saudi Arabia, has recently commissioned five new renewable energy projects to generate electricity sustainably as it speeds up efforts towards achieving a net-zero emissions
It’s anticipated that the first visitors to the Red Sea’s Ummahat Islands of Saudi Arabia would be able to check in the following year. This project is one of