New off-plan rules boost Saudi Arabia real estate for foreign investors. Explore how Vision 2030 and reforms simplify business setup in Saudi Arabia.
BNY Mellon secures RHQ licence in Saudi Arabia. Explore the Saudi Arabia RHQ Program, its benefits, and why global banks are expanding.
Saudi Arabia's GDP grew by 2.7% in Q1 2025, driven by non-oil sectors, highlighting Vision 2030's impact.
In 2024, Saudi Arabia's non-oil exports reached an unprecedented $137.29 billion, marking a 13% increase from the previous year and a 113% surge since the inception of Vision 2030. This growth is attributed to the Kingdom's strategic efforts to diversify its economy away from oil dependency, focusing on sectors like manufacturing, tourism, and services.
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The announcement of President Donald Trump’s visit to Saudi Arabia in May 2025, part of his first overseas trip since taking office, has captured the attention of global business leaders. This high-profile visit underscores the strengthening of US-Saudi Arabia relations, creating a fertile ground for American companies eyeing expansion in the Kingdom.
Over the past decade, foreign direct investment in Saudi Arabia has quadrupled, signalling a vibrant market ripe for international companies. This surge, coupled with Vision 2030’s focus on economic diversification, creates fertile ground for those looking to invest in Saudi Arabia.
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Official data from the Ministry of Commerce reveals that commercial registration in Saudi Arabia soared by 48% year-on-year in the first quarter of 2025, with 154,638 new commercial records issued.
In 2024, Saudi Arabia solidified its status as the most funded country in the MENA region for venture capital, raising $750 million across a record 178 deals. This surge, driven by Vision 2030’s ambitious goals, signals a market ripe with opportunity.
On April 3, 2025, the Saudi Exchange, made headlines by halting trading for seven companies. This decisive action underscores a critical lesson for business leaders and executives operating in Saudi Arabia: compliance with corporate governance regulations is non-negotiable.
The Saudi business landscape is evolving at an unprecedented pace. The latest signal, Saudi unemployment dropped to a historic low of 7 percent in the fourth quarter of 2024—a milestone achieved five years ahead of the Vision 2030 schedule.
For business leaders and executives eyeing growth opportunities in the Middle East, Saudi Arabia’s bustling mergers and acquisitions (M&A) landscape in 2024 offers a compelling narrative. The Kingdom recorded a remarkable 55 percent annual rise in M&A deals, with a total deal value reaching $9.6 billion.
The announcement of Tesla’s entry into Saudi Arabia marks the latest development in Saudi Arabia’s rapidly growing EV Market. Tesla will start sales in Saudi Arabia next month, according to its website, with a launch event scheduled for April 10 in Riyadh.
Saudi Arabia is making bold moves to transform its economy, and the mining sector is at the heart of this shift. With the launch of a new incentives package aimed at attracting FDI into Saudi Arabian mining, the Kingdom is signalling its intent to become a global player in this industry.
For business leaders and executives steering their companies through the dynamic Saudi Arabian market, understanding the intricacies of company structuring is critical to success. One role stands out as pivotal in navigating this landscape: the general manager. In Saudi Arabia, the general manager is not just a figurehead but the primary representative and management authority of a business
UK-Saudi ties boost business opportunities in NEOM.
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