By Innovation-sa on May 22, 2019 in News
More information about Saudi Arabia’s new “Green Card” style residency scheme for qualified international experts has been published in Saudi government’s official gazette,the Um Al-Qura newspaper. The new scheme allows highly skilled global entrepreneurs, innovators and investors to work and live in the Kingdom without a Saudi sponsor and they can permanently reside, own […]
Read moreBy Innovation-sa on May 15, 2019 in News
The Saudi Shoura council approved the launch of a new Green Card style “Special Privilege Iqama” (residence permit) scheme to attract affluent foreign entrepreneurs and investors to the Kingdom, marking an end to the age-old Khafeel (sponsorship) system. The new scheme will not require foreigners to have a Saudi sponsor or employer and its added […]
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By Iain Wingham on May 7, 2019 in Blog
You must have heard the phrase ‘nobody is an island’ several times. The wisdom in that quote doesn’t just hold for humans alone; it works for companies and businesses as well. Regardless of what the enterprise is, either small scale or large scale, whatever sector it is situated in, they require a business support service. […]
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By on May 7, 2019 in Blog
The Kingdom of Saudi Arabia is known for many things, but only a few know it as a place where business can begin, flourish and prosper. For a long time, she held the record as a haven for tourists, a world leader responsible for regulating the sale, supply, and distribution of refined crude oil to […]
Read moreBy Innovation-sa on May 5, 2019 in News
Saudi Arabia should utilize the latest technological advances that have impacted the society effectively on its strive to become the digital hub of the region, the Global Digital Government Summit organized by the new Saudi e-Government program, Yesser, under the title “Putting Citizens First” noted. Ali Al-Asiri, CEO of Yesser, said the summit was “very […]
Read moreBy Innovation-sa on May 5, 2019 in News
The most awaited World Wrestling Entertainment (WWE) will make its return to Saudi Arabia with a special event hosted by the Saudi General Sports Authority in partnership with WWE at the King Abdullah Sports City Stadium in Jeddah on Friday, June 7, at 8 p.m. The star-studded event, marking the company’s third show in the […]
Read moreBy Innovation-sa on April 24, 2019 in News
Saudi Arabia attained a budget surplus of SR27.8 billion in the first quarter of 2019, in comparison to a budget deficit of SR34.3 billion during the same period last year, the Kingdom’s Finance Minister Mohammed Al-Jadaan said at the Financial Sector Conference (FSC) in Riyadh on Wednesday. This is the first time that the Kingdom recorded […]
Read moreBy Innovation-sa on April 24, 2019 in News
As Saudi Arabia is boosting its infrastructure spending in line with the objectives of Vision 2030, the world’s leading oil-exporting nation is witnessing more master development launches than ever before, says management consultancy firm Faithful+Gould. Saudi Arabia has plans to spend $1.1 trillion on infrastructure projects from 2019-2038 and already has a long list […]
Read moreBy Innovation-sa on April 21, 2019 in News
Saudi Arabia’s non-oil private sector has reached its highest level since December 2017 as confidence in the Kingdom starts to return, reveals data published by the Emirates NBD Purchasing Managers’ Index (PMI). The survey shows that the Kingdom’s private sector’s new order growth accelerated to its fastest since April 2015. According to Khatija Haque, head […]
Read moreBy Innovation-sa on April 15, 2019 in News
Saudi Aramco’s debut bond sale orders have reached $100 billion, far exceeding previous highs for a bond issue by an emerging market entity, indicating that global investors are confident than ever to invest in the Kingdom. The world’s largest oil company is planning to raise $12 billion from the $100 billion demand at its first international […]
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