Saudi SWRO Plants Award Energy Recovery $25 Million in Contracts
California-based company Energy Recovery has secured nearly $25 million in contracts to supply seawater reverse osmosis plants (SWRO) in Saudi...
Zamil to Distribute Streamline Innovations’ Products in Saudi Arabia
Zamil Group Holding has reached an agreement with Texas-based Streamline Innovations to become its official agent in the Kingdom. As part of the...
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...
FedEx Express Announces $400 Million, 10-Year Investment Plan in Saudi Arabia
FedEx Express, a subsidiary of FedEx Corp. and the world’s largest express transportation company, announced a SR1.5 billion ($400 million),...
Amazon Fuels Saudi Arabia’s Booming Tech Startup Sector
Amazon, a member of the U.S.-Saudi Business Council (USSBC), is expanding its investments in Saudi Arabia with a set of...
Saudi Arabia Launches Online Platform to Attract Private Investment in Sports Sector
On June 21, 2021, the Saudi Ministry of Sport launched a new online licensing platform called NAFES, designed to encourage foreign investment and private partnerships in the country’s...
First Annual Red Sea International Film Festival in 2021 Showcases Growing Saudi Film Industry
The Red Sea International Film Festival is set to take place for the first time in November 2021 in the...
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...
Aramco Launches Possibly Largest IPO in Financial Markets History
November 4, 2019 – Saudi Aramco launched its long-anticipated initial public offering (IPO) on Saudi Arabia’s stock exchange market, Tadawul,...