This is a temporary backup site for TRENDS MENA while our primary website is being restored following a regional disruption affecting Amazon Web Services cloud infrastructure in the GCC.

Search Site

Alujain widens 2025 loss

The increase in loss is due to impairment charges, weaker prices.

Masar 2025 net profit $262m

Higher land plot sales boost revenue and operating income.

Tasnee’s 2025 losses deepen

The petrochemicals' company's revenue also fell 17.7 percent.

DP World 2025 revenue $24.4bn

The profit for the year up 32.2% to reach $1.96bn.

BYD 2025 revenue surges

The EV manufacturer reported net profit of $.3.3bn for 9M 2025.

Visa-free travel to Saudi Arabia for GCC residents

  • The informed sources at the ministry told TRENDS that the draft for the new scheme is ready and will be officially announced in the next few days
  • Under the new visa scheme, all GCC residents with a valid resident and work visa will be allowed entry into Saudi Arabia for business, tourism, and Umrah purposes

Saudi Arabia is set to announce visa-free travel for GCC residents, according to the sources in the country’s ministry of tourism.

The informed sources at the ministry told TRENDS that the draft for the new scheme is ready and will be officially announced in the next few days.

Under the new visa scheme, all GCC residents with a valid resident and work visa issued by the UAE, Bahrain, Kuwait, Oman, and Qataris immigration authorities will be allowed entry into Saudi Arabia for business, tourism, and Umrah purposes, with the exception of Hajj – the annual Islamic pilgrimage.

The sources, who wish to remain anonymous as they were not authorized to speak to news media, said that there might be some exceptions for certain visa categories such as maid’s visa or construction worker’s visa. However, professionals, white-collar workers, and other residents with regular income will be allowed to travel to Saudi Arabia with visas issued on arrival at Saudi airports.

The ministry will announce whether land entry ports will be included as part of the new visa scheme. 

TRENDS reached out to Saudi Arabia’s Ministry of Tourism for a comment, and the response is awaited.

Earlier, Saudi Arabia’s Minister of Tourism Ahmed Al-Khateeb announced during a TV interview that Saudi Arabia will introduce a new visa scheme for the Gulf Cooperation Council (GCC) residents soon.

Al-Khateeb stressed that the tourist visas launched by the Kingdom in 2019 still exist and there were no specific restrictions for those coming for tourism.

Last week, Al-Khateeb highlighted that around 64 million domestic trips were made within the Kingdom during 2021, while the number of visitors from abroad reached five million last year.

The minister said the tourism sector in the Kingdom shrank by 40 percent during the pandemic.

“The job sector in the Kingdom grew by 15 percent to 820,000 jobs between 2019 and now,” he added. “We aim to spend more than $200 billion by 2030.”