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Despite the anti-corruption probe that shook the nation, Goldman Sachs Group forecasted an unprecedented economic overhaul in the Kingdom and announced plans to invest in the Kingdom for the first time in its history. Goldman Sachs Group, an American multinational finance company often seen involved in providing advice to companies and governments on takeovers and […]

In a move to revolutionize the capital city’s public transport system, Saudi Arabian Public Transport Company (SAPTCO) announced the launch of 3,500 buses to cover over 5,000 destinations in Riyadh. The announcement comes ahead of the inauguration of Riyadh Metro, one of the world’s largest urban transport ventures, in 2019. Under the new bus network, […]

Saudi Arabia and Egypt signed a $10 billion joint investment fund to develop NEOM, the mega-city planned in the north-western region of the Kingdom, as part of Crown Prince Muhammed bin Salman’s Egypt visit this week. NEOM, a mega investment and business special zone unveiled by Prince Muhammed last October as part of plans to […]

The Director General of Passports (Jawazat) reminded expatriates who haven’t documented their fingerprints to complete their registration process soon. Further, it called on expatriates to abide by residency-related regulations in the Kingdom. Expatriates and their dependents who are six years of age or above must document their fingerprints at any of the fingerprinting centers set […]

The General Directorate of Passports (Jawazat) clarified on Twitter that dependent fee would not be refunded to expatriate family members if they leave the Kingdom before the expiry of their iqamas. The General Directorate of Passports clarified through its official Twitter account that dependent fee will not be refunded to expat family members who have […]

The Saudi Arabian General Investment Authority (SAGIA) extended the license period for foreign investments from one year to a renewable period of up to five years. The new efforts were designed to aid the Kingdom’s recent economic changes and promote foreign investment in the Kingdom in line with Vision 2030, stated Ibrahim S Al-Suwayel, Deputy […]

The higher committee on public transport announced the commencement of new public transport service in Riyadh and Jeddah from Tuesday onwards. The committee urged citizens and expatriates to make the best use of the new public transport service which would cost SR3 per trip and asked them to provide their remarks and reviews about the […]

The Directorate General of Traffic (Muroor) banned the use of mobile phones while driving in Saudi Arabia from Monday onwards. During the first phase, special cameras will be installed in Riyadh, Dammam, and Jeddah to electronically monitor motorists using or touching mobile phones while driving. A recent study by King Abdullah Medical Research Center in […]

Saudi Arabia revised speed limits on some expressways starting from Monday, February 19, according to reports from Saudi Press Agency (SPA). The updated speed limit will be 140kph for small vehicles, 100kph for buses and 80kph for trucks on Riyadh-Taif Road westwards, Riyadh-Taif Road eastwards, Riyadh-Qassim Road northwards, Qassim-Riyadh Road southwards, Makkah-Madinah Road northwards, Madinah-Makkah […]

In accordance with Saudi Arabian Monetary Authority’s (SAMA) decision to implement the National Address System, banks in Saudi Arabia has now made it mandatory for customers to furnish their address at the banks. Customers have been receiving messages from various banks reminding them to update their profile in the online bank account page or at […]