Details of Saudi Arabia’s National Industrial Strategy
In late 2022, the Saudi government revealed details of the country’s latest National Industrial Strategy (NIS). The NIS is Saudi...
New National Investment Strategy Marks a Significant Move toward Achieving Vision 2030 Goals
Saudi Arabia’s recently launched National Investment Strategy (NIS) has been noted as “a key enabler to deliver on Vision 2030.”...
Summary: Saudi Arabia’s Future Investment Initiative 2021
Day One This year’s Future Investment Initiative (FII), a high-level conference and platform for discussion among the world’s most influential business...
Saudi Chemical Company Holding Seeks New Frontiers through Diversification and Expansion
The Council recently spoke with Mr. Thamer Al-Muhaid, Group Chief Executive Officer – SCCH, to learn more about the role of the company’s subsidiaries, its recent string of MoUs with global pharmaceutical companies, and what it values most when seeking international partners.
Saudi Arabia Releases 2021 Pre-Budget Statement
Saudi Arabia’s revenues are expected to reach $240.8 billion in 2022, according to a pre-budget statement released by the Ministry of Finance. The...
S&P Affirms Saudi Arabia’s A-/A-2 Credit Rating
S&P Global Ratings has affirmed Saudi Arabia’s A-/A-2 credit rating with a stable outlook. The ratings agency credited a rise in oil...
The Private Sector Participation Law and Privatization in Saudi Arabia
On March 16, 2021, H.E. Mohammed Al-Jadaan, Minister of Finance and Acting Minister of Economy and Planning, announced the approval...
Saudi Arabia’s Public Investment Fund: New Strategies, Investments, and Diversification
The PIF’s New Investment Strategy Saudi Vision 2030’s next phase, unveiled in a January 2021 speech at the Future Investment...
Sherbiny and Oxford Business Group Publish Report on Saudi COVID-19 Economic Response
The “COVID-19 Response Report,” a collaborative report released in January 2021 by Mohammed Hassan Sherbiny for Commerce (Sherbiny, a Platinum member of the U.S.-Saudi...
Review of Saudi Arabian Contract Awards: January 2018
Key Contracts Awards for January 2018 The total value of new contracts in Saudi Arabia in January 2018 was an...
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