If you intend to visit an Arab country, you will likely come across many indignant people criticizing the so-called international community for being a self-serving gathering of countries or an interest group. No matter where you will be, whether...
Saudi Arabian Monetary Agency (SAMA) announces step-change for bill payment efficiency with implementation of SAP's ERP solution The new system to boost SADAD Electronic Bill Presentment and Payment System Project Set To Deliver “Considerable Benefits to Residents Across Saudi Arabia” The Saudi...
Small- and medium-sized enterprises (SMEs) in Saudi Arabia are gearing up for ambitious, technology-fuelled expansion drives across the region, according to a new worldwide survey. In the next Three Years, No Saudi SME Expects to Operate Solely in the Kingdom; Cloud,...
International exhibitor participation up sevenfold at Decofair 2013 Decofair 2013, Saudi Arabia’s only premium international furniture and interior design show, has seen a sevenfold increase in international exhibitor participation as global interior brands look to tap into the Gulf region’s...
The latest report on the Saudi Arabia office sector by global real estate consultancy firm CBRE. As a significant volume of new prime office space starts to enter the Riyadh market, particularly at King Abdullah Financial District (KAFD), and the...
After several years of deliberations, the Saudi government is considering reforms that open up the country’s equity market for foreign investors to stimulate equity investment in KSA. The kingdom has long debated introducing market liberalisation reforms and technical preparations, but...
Saudi government sources reveal that the Ministry of Labor has formed a team of recruitment companies to propose ways to formalise the domestic worker recruitment market. The team has been tasked to devise a mechanism for negotiations for domestic workers...
More than 30% of people in Saudi Arabia watch 3 to 5 hours of TV every day during Ramadan compared to an average of 2.7 hours throughout the rest of the year 85% prefer to watch their favourite programmes in...
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...
Saudi Arabia's agriculture and food sectors are on solid ground, with reports of 18.5% annual growth. The increasing Saudi population, combined with higher consumption levels, are driving record growth rates. A mega agriculture and food event will be held at the...
A survey has rated the Saudi Arabia cellular market as the most competitive in the Arab world for the third consecutive year. The ratings were revealed by the Arab Advisors Group in its Cellular Competition Intensity Index 2013. The Cellular...
The healthcare sector in Saudi Arabia may come under tremendous pressure and fail to meet the growing healthcare needs of the country if the private sector does not step up and contribute. A report by Deloitte reveals that some provinces...
Saudi banking experts have claimed that the kingdom’s banking system is safest in the Arab world Earlier this week, CNBC Arabia had reported that 5,000 fraud cases took place out of 1.3 million ATM cash withdrawals recently in the country....
Saudi Arabia is expected to invest USD 45 billion to build new railway networks and upgrade existing railways throughout the Kingdom. Efforts are being undertaken to expand Saudi Arabia's existing rail networks to meet the rising numbers of railway...
In a move set to benefit licensed telecom companies, Saudi Arabia's telecom regulator has suspended Viber, the web-based communication application, throughout the kingdom. In an official statement on its website, the Communications and Information Technology Commission (CITC) said that "the...
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...
A new USD 1.6 billion agreement has been signed between Saudi Arabia and Egypt to link electricity grids between the two countries. Initially, an international tender for the project was planned in 2010. After facing a delay of several years...
With a population of more than 5 million, Riyadh, is both Saudi Arabia’s biggest city and its capital city. Experiencing rapid growth, Riyadh’s population has more than doubled since 1990. City planners announced in July 2012 that Riyadh will build...
Hajj, one pillar of Islam, is one of five obligatory fundamental Muslim practices. It is incumbent upon every Muslim to make the pilgrimage to the holy city of Mecca at least once in their lifetime, it they can afford...
The Bank of London and the Middle East (BLME), Britain's largest standalone Islamic bank, plans to set up an office in Dubai to expand on it's offerings in capital markets and wealth management. The bank is experiencing 15 percent growth...
  The Kingdom of Saudi Arabia’s Capital Market Authority is in the final stages of developing a regulatory framework to allow foreigners to own stocks directly. The move is being viewed as a way to promote greater foreign investment in the...
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,...
Women's Entrepreneuship Initiative (WEI) in collaboration with the Ashridge Business School recently launched a report highlighting the growing need of a limited number of Saudi women to be fully represented in the entrepreneurial sector. As proposed by the report,...
The latest edition of The Times Higher Education Asia University Rankings rates Saudi Arabia’s King Abdulaziz University as the best in the Gulf. Covering nearly 17,000 academics, The Times Higher Education Rankings was the world’s largest academic reputation survey. The...
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...
·       Saudi beverage market experiencing 8% annual growth ·       Eleven beverage categories purchased per household ·       Average of 11 beverage categories per household The Saudi beverage market is growing at an annual rate of over eight percent according to Ranjitha Subash, Consumer Insights Director at...
Wadjda is a 12-year old girl who lives near Riyadh, the capital of Saudi Arabia. Although she's growing up in a conservative country, Wadjda is a girl full of life who wears jeans and sneakers, listens to rock music...
Revealing it's ambitious growth plans, the CEO of Saudi Arabian Oil Company (Saudi Aramco) has stated that the company is chasing the status of becoming the world’s top producer of refined fuels and petrochemicals. Currently the world’s biggest crude-oil exporter,...
The Saudi government has given internet messenger application providers an ultimatum of one week to provide a monitoring service or face a ban across the Kingdom. Skype, Viber and Whatsapp will likely face a ban if operators fail to allow authorities in...
    A new report by the global travel market research firm PhoCusWright predicts that the travel market in Saudi Arabia will increase at a steady rate of 4 percent, from USD 10.2 billion in 2012 to USD 11.4 billion in...