G20 Digital Economy Taskforce Meet to Discuss Future of Digital Economy
The G20 Digital Economy Taskforce held two consecutive meetings on June 3-4 to address integrated strategies and regulations in the...
Amazon Company, PayFort, Launches Initiative to Support Startups and SMEs in UAE, Egypt and Saudi Arabia
PayFort, payment solution provider acquired by Amazon in 2017, announced its #StartUpStayUp initiative to support startups and small and medium-sized...
Saudi Arabia’s Public Investment Fund Buys Significant Stakes in U.S. Companies
Saudi Arabia’s $320 billion sovereign-wealth fund known as the Public Investment Fund (PIF) is the driving force behind Saudi Arabia’s vision for economic diversification and...
Saudi Arabia Introduces New Opportunities in Sports and Athletics
The sports and recreation industry in Saudi Arabia is opening significant investment opportunities as the Saudi Government aims to promote...
Saudi Arabia Announces 19% Increase in Foreign Investment Licenses in Q1 2020
Continuing the momentum that was witnessed in 2019, the number of foreign investment licenses in Saudi Arabia grew to 348...
Saudi Petchems Awards McDermott International Contract for Propane Dehydrogenation
McDermott International was awarded propane dehydrogenation contract by Saudi Petchems, a subsidiary of Advanced Petrochemical Company. The agreement includes providing license and basic engineering...
B20 Saudi Arabia and the International Chamber of Commerce Meet with Business Leaders to Discuss the Role of Trade Amidst the COVID-19 Pandemic
The B20 Saudi Arabia and the International Chamber of Commerce (ICC) held a virtual roundtable on May 19 that brought together more than...
The Boeing Company Awarded Contract to Supply Kingdom with SLAM-ER Missiles
The Boeing Company has secured a $1.9 billion contract from the United States Navy to supply 650 Stand-off Land Attack Missile – Expanded Response (SLAM-ER) missiles...
McDermott Awarded Three Contracts for Storage Tanks in Saudi Arabia
McDermott International and CB&I Storage Solutions announced three contracts awarded to provide engineering, procurement, fabrication and constructions services of 38...
B20 Saudi Arabia on Developing Recommendation that Will Allow Working Women to Thrive in the Next Normal
Amidst the COVID-19 pandemic, businesses and schools have closed adding responsibilities for families to maintain work, children’s education and entertainment...