The Saudi Arabian government has embarked on an ambitious project to build the world’s largest public transport system by awarding contracts worth USD 22.5 billion. The design and construction contracts for the first metro rail system in Riyadh have been...
The Arab Spring did not only have long-lasting political repercussions for Middle East and North Africa, but it has also altered the region’s retail landscape and shaped the future for businesses and consumers. A new report by the Euromonitor International,...
Saudis could face a five-year jail term and up to $800,000 fines for sending offensive tweets Saudi based lawyer Humoud Al-Khaldi told Arab News that "penal action would be taken against offenders in compliance with Article 6 of the Anti-Cyber...
Massive Government ICT investments transforming Saudi Arabia’s innovation economy, enhancing development, business growth and productivity. Saudi IT Market Set to Top USD 14 Billion by 2017with Government Sector Fastest-Growing Industry Vertical: IDC More than 500 of Kingdom’s Organisations Set to Attend GITEX...
 "A multinational firm from UK has plans of  expanding its operations in the Middle East. Because of the cultural differences and marked business practices in the Middle East and GCC countries, they need guidance and legal representation in setting...
Saudi state news agency reported on Tuesday King Abdullah has ordered the launch of a huge expansion project for the Prophet Muhammad's mosque in the holy city of Medina. The Saudi Press Agency (SPA) said the expansion project, expected to...
National Commercial Bank said Saudi economy will expand 3.9% this year and will hit 4.4% during next year. The Jeddah-based bank said in a report that the government will have a fiscal surplus of 317.4 billion riyals ($84.63bn), or 14%...
Reports released by the International Energy Agency (IEA) last week show Saudi Arabia boosted its crude oil production to 9.8m barrels a day last month. This is the highest amount produced by the Kingdom in the last 30 years. OPEC...
As many of you know, I've always disagreed with many of the laws set by Saudi Arabia, but in particular with their law prohibiting women from driving. Westerners, as well as some Arabs, see women as oppressed in the...
Two Austrian companies have announced they have built the world's largest solar power plant which will power an educational campus in Saudi capital Riyadh. The GREENoneTEC company, said it manufactured solar panels worth 3.6 million euros ($4.3 million) which cover...
GCC economies must invest in exports to reduce dependence on commodities Falling oil prices will pose a challenge to GCC hydrocarbon exporters unless governments step up their diversification efforts and develop more export industries, according to a new report by...
  Residents of Jeddah have demanded the authorities to ensure that factories are relocated from residential areas at an accelerated pace. The Jeddah Municipality has been working closely with Makkah province, Jeddah governorate, the Jeddah Chamber of Commerce and Industry (JCCI),...
A new report has revealed the Saudi government’s intentions to completely fill all medical jobs in the kingdom with Saudi nationals within the next five years. The Saudi government is aggressively working on plans to complete Saudization of the medical...
Saudi Arabia is set to lead growth in Middle East's infrastructure and construction spending over the next 15 years, a report compiled by BofA Merrill Lynch said on Tuesday. The study noted that the construction sector across the Middle East...
Place:?Saudi Arabia Story: Retail sales in Saudi to cross $37b by 2015 New data from Business Monitor International noted that retail sales in Saudi Arabia are expected to grow from just under $27bn this year to more than $37bn in 2015...
In a recent report published by IDC, an increasing number of organizations in the UAE and Saudi Arabia are tying up with specialized IT service providers to manage their IT infrastructure. Referencing its 2012 report, IDC says that managed and...
Saudi Arabia telecom company Mobily's chief executive announced on Tuesday the company is in talks with a number of foreign operators to sell its surplus network capacity. The news came amid reports the kingdom's telecoms regulator would issue three mobile virtual network operator...
"No separate ways of thinking, no divisions, no restrictions". These are the opening lines of Saudi's NEOM's trailer. Women in modern clothes, clean energy sources and a lot of open mindedness -- NEOM, Saudi Arabia's $500 billion mega city...
The Saudi government is developing new industrial parks for plastics conversion to stimulate investments and create jobs, a report said on Thursday. The new parks are part of the government's plans to create new industrial parks for mixed-use light industry...
Thanks to hectic reform efforts by respective governments, the UAE and Saudi Arabia have made noticeable improvements in a newly published country branding list. These results were acknowledged in the “Country Brand Ranking 2012” list released by Bloom Consulting,...
The five-day Saudi International Motor Show 2012 concluded with an overwhelming response from all participants. The show was able to attract over 100,000 trade visitors, auto enthusiasts and car lovers. According to Zahoor Siddique, Vice President of Al-Harithy Company for...
RIYADH, KINGDOM OF SAUDI ARABIA – The American Express World Luxury Expo will take place at the palatial Ritz-Carlton, Riyadh, in the Kingdom of Saudi Arabia between 10 and 12 February 2013. The Expo is the result of a...
Technological penetration in MENA has been quite extensive and all encompassing accounting for very positive trends There’s a lot that the world knows about MENA (Middle-East and North Africa) just as there’s so much more that the world doesn't know...
When the Arab Spring happened across some of the MENA nations in 2011, all eyes were on Saudi Arabia. With unemployment & poverty on the rise and a visibly disgruntled public  and living within the confines of restrictive Sharia...
New figures released by Saudi Arabia’s Ministry of Health reveal that the healthcare sector created thousands of jobs, with 1,364 specialists recruited from abroad, last year. A total of 2,087 consultant physicians were appointed at various levels to provide health...
There seems to be an overheating going on in the Saudi economy as the country is primarily depending on a limited sources of income. The dependence on oil primarily does mean that the rising commodity prices can lead to...
Qatar Airways and Gulf Air have become the first foreign carriers to win licences to operate domestic flights within Saudi Arabia. A statement by the General Authority of Civil Aviation said that, "the best bids came from Gulf Air and...
Saudi American Bank Group (SAMBA) projected a rise of 6.9 percent this year in Saudi Arabia?s GDP, recording its highest growth rate in eight years. SAMBA predicted a rise in fiscal surplus despite a surge in public spending by a...
Strong oil prices have led to a massive increase in Saudi gross domestic product (GDP) per capita income but growing inflation threatens the progress, a report said. The International Monetary Fund (IMF) predicted that per capita income would rise by 27.6%...
General Motors Middle East and its dealer partners have reaffirmed their commitment to the Saudi market by outlining investment plans of up to USD 750 million by 2015. General Motors Middle East and dealers Aljomaih Automotive Company (AAC) and Universal Motors Agencies...