An Update on Vaccine Distribution in Saudi Arabia
Schedule Saudi Arabia’s coronavirus vaccination campaign began in December 2020 with the Pfizer-BioNTech vaccine. According to the Saudi Press Agency...
A New Look towards Tourism, Culture, and Entertainment in Saudi Arabia
In 2016, Saudi Arabia announced its vision to reduce the dependence of its economy on oil, develop and modernize its...
Member Highlights – Chairman’s Circle Members Air Products and Chemicals and NEOM
On July 7, 2020, Air Products, ACWA Power, and NEOM announced the signing of an agreement for a $5 billion...
NEOM Awards Bechtel Executive Program Management Contract
Two U.S.-based construction companies, Bechtel and AECOM, have been chosen as consultants for a key role in Saudi Arabia’s $500...
Economic Impact of VAT Increase
Overview Saudi Arabia’s dual shock of the coronavirus pandemic and a crash in oil prices has led to more than...
Saudi Arabia Launches Six-Point Action Plan to Combat Pandemic
The Business extension of the G20 Presidency, B20 Saudi Arabia, announced a six-point action plan developed to mitigate the economic impact...
Air Products, ACWA Power and NEOM Sign Agreement for $5 Billion Green Hydrogen Project
Air Products has signed an agreement with ACWA Power and NEOM to develop a $5 billion green hydrogen-based ammonia production facility powered...
Saudi Arabia Announces $800 Billion Plan to Transform Riyadh as Emerging Cultural Hub
H.E. Fahd Al-Rasheed, President of the Royal Commission for the City of Riyadh, announced an $800 billion plan to transform...
King Salman Extends Initiatives to Support Private Sector during Pandemic
Aiming to mitigate the economic fallout on the private sector due to the COVID-19 pandemic, H.M. King Salman has issued a royal...
Work Begins on Phase One of the Diriyah Gate Project
Saudi Arabia’s mega-project, Diriyah Gate, begins phase one of the $20 billion project, as announced by the Diriyah Gate Development...