By Innovation-sa on November 1, 2018 in News
Saudi Arabia’s Minister of Justice Waleed Al-Sama’ani inaugurated the first labor courts in the Kingdom on Monday. The specialized labor courts are a result of three years of continuous efforts by the Ministry of Labor and Social Development (MLSD) to increase transparency of the labor market and thereby boost investment and drive the economy […]
Read moreBy Innovation-sa on October 31, 2018 in News
Saudi Arabia, the largest and most populous Gulf Cooperation Council (GCC) country, has more than 5,200 construction projects worth $819 billion underway, according to latest reports from BNC Network. These projects account for 35 percent of the total value of active projects across the GCC countries, according to The Big 5 Saudi, the Kingdom’s […]
Read moreBy Innovation-sa on October 31, 2018 in News
London-listed NMC Healthcare and Saudi Arabia’s Hassana Investment Company, has signed a memorandum of understanding (MoU) to establish a network of medical facilities across the Kingdom. The joint venture targets to become one of the largest private healthcare operators in the Kingdom with a total investment of $1.6 billion and aims to provide employment […]
Read moreBy Innovation-sa on October 31, 2018 in News
NEOM, a mega investment and business special zone unveiled by Prince Muhammed last October at the Future Investment Initiative (FII) conference as part of plans to diversify the Kingdom’s oil dependent economy, has entered into its first phase of construction and works to develop the infrastructure of the first residential area at NEOM has already […]
Read moreBy Innovation-sa on October 25, 2018 in News
The first day of Future Investment Initiative (FII) saw Saudi Arabia sign at least 25 deals worth more than $50 billion, of which 12 were described as “mega deals”. The investment conference, hosted under the leadership of Crown Prince Muhammed bin Salman from October 23- 25 at Riyadh, struck major deals in oil, gas […]
Read moreBy Innovation-sa on October 25, 2018 in News
Saudi Arabia revealed plans to establish a Special Economic Zone (SEZ) at King Khalid International Airport in Riyadh to attract more foreign investment to the country, the Saudi Press Agency (SPA) reported. SEZ, the first of its kind in the world will focus on integrated logistics and will have its own set of simplified […]
Read moreBy Innovation-sa on October 22, 2018 in News
Saudi Arabia’s Public Investment Fund (PIF) revealed that the second annual Future Investment Initiative (FII) hosted under the leadership of Crown Prince Muhammed bin Salman will be held in Riyadh from October 23 – 25 under the participation of thousands of delegates from all over the world. The economic forum nicknamed ‘Davos in the […]
Read moreBy on October 21, 2018 in Uncategorized
Modern Business is complicated and complex. In order to succeed, businesses have to not only ensure that the product they are providing is commercially viable, but also that it is unique as well as interesting. But that alone does not guarantee success. Cost cutting and business process efficiency is another aspect that helps in running […]
Read moreBy Innovation-sa on October 15, 2018 in News
The World Economic Outlook (WEO) report published by the International Monetary Fund projected a 2.2 percent increase in Saudi economic growth in 2018 followed by 2.4 percent in 2019. Meanwhile, the report, which will be discussed during the annual IMF and World Bank meetings at Bali, Indonesia, exposes a drop in global growth projections […]
Read moreBy Innovation-sa on October 10, 2018 in News
Saudi Arabia’s Ministry of Energy, Industry and Mineral Resources confirmed that the Kingdom is on track to implement several renewable energy mega projects worth billions of dollars in line with the goals of Vision 2030. The projects, which plans to generate 200 megawatts of electricity from solar energy by 2030 is working in collaboration […]
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