In a big move, Saudi Arabia appoints Aiman al-Mudaifer as NEOM’s interim CEO, a strategic choice to advance the futuristic city’s progress and strengthen Vision 2030.
PwC Middle East to hire 6,000 staff in five years
PricewaterhouseCoopers (PwC) Middle East intends to build its largest headquarters in Riyadh, and hire more than 6,000 staff across the region during the next five years.
Saudi Arabia workshop woos German investors
The workshop discussed the most prominent ways to expand the current investments in line with Saudi Vision 2030.
Saudi non-oil revenues jump 206%
The non-oil revenues of Saudi Arabia have increased to US$31 billion in Q2 2021 as against US$10.1 billion in Q2 2020.
Arkan launches digital platform
Medical, lab supplies and equipment can be purchase online.Saudi Arabia taps Alibaba to help Chinese tourists
Alibaba Cloud is expected to help promote Saudi Arabia as a tourist destination to travelers in the Chinese market.
All projects under Saudi Vision 2030 ‘colossal’
The number and value of mega projects set to transform the country’s real estate landscape and showcase the kingdom’s vision for an ultra-modern future to the world, says Knight Frank. Neom, a project for a smart and tourist cross-border city in the far north-west of Saudi Arabia, alone will cost...
Saudi Arabia to create million tourism jobs by 2030
Saudi Arabia has developed cultural, heritage tourism projects in more than 25 tourist destinations and eyes 100 million tourists by 2030.Saudi Arabia’s non-oil economy to grow 4.3%
The investments by the Public Investment Fund contributed to the economic recovery Last year, Saudi's economy suffered a double whammy of crashing oil prices and Covid-19 pandemic Saudi Arabia's bid to diversify its economy away from oil is beginning to show results with its non-oil economy set to expand by...
Saudi Arabia plans new national airline
New carrier would push SA into the 5th rank globally in terms of air transit traffic The move is part of plan to diversify kingdom’s economy away from oil Saudi Arabia's Crown Prince Mohammed bin Salman announced plans on Tuesday to launch a second national airline as part of...Saudi Arabia National Housing and Bank Albilad in $533 m deal for infrastructure
The deal is part of the Saudi Vision 2030 to give more ownership of homes to Saudi families CEO Bank Albilad Abdullah AlOnaizan said the bank has assets of $26.66 billion Saudi Arabia National Housing Company and Bank Albilad have teamed up to sign a SR 2 billion ($533 million)...
Red Sea International appoints Khalid Fagih as MD and CEO
RSI banking on Khalid's 26-year track record to catapult its operations by developing products and services, improving performance Company had won two contracts in the massive US$500-billion NEOM project in 2020 The Red Sea International (RSI), a leader in offsite modular production and assembly, has appointed industry veteran Khalid...
Saudi Vision 2030: What’s next?
By Gianmario Pisanu In 2015, the Kingdom of Saudi Arabia launched Vision 2030, an ambitious reform plan aimed at diversifying the economy by moving away from oil and encouraging the development of stronger private and public sectors. The plan streamlined and centralized decision-making to ensure better coordination between ministries and...
