April 27, 2018 – The Saudi Intellectual Property Authority (SIPA) has announced the development of a strategy which will support the roles of local SMEs while encouraging foreign investment into the Kingdom. The strategy will utilize best international practices to foster competitiveness and boost the national economy. Features of the strategy include the modernization of […]
April 26, 2018 – Saudi Arabia’s Council of Economic and Development Affairs has approved “Delivery Plan 2020”, a privatization program designed to meet the goals of Vision 2030. The program will encourage local and foreign investment into the Kingdom’s private sector, while generating $11 billion in non-oil revenue and providing 12,000 job opportunities for Saudi […]
April 19, 2018 – Saudi Arabia’s first movie theater in over three decades was officially launched with the private showing of the global hit “Black Panther”. The Missouri-based AMC Theatres opened its doors to over 500 invited guests, executives, and officials, while public screenings will begin on May 1, 2018. AMC’s latest theater is in […]
Organized by Saudi Arabian Military Industries (SAMI) in collaboration with the U.S.-Saudi Arabian Business Council, the Defense Technology and Security Conference concluded its sessions with the participation of more than a dozen high-profile speakers and over 100 industry leaders, advisors, regulators, and influencers who came to discuss and learn more about Saudi Arabia’s vision and strategic outlook in developing its defense industry with a special focus on technology and security as the two main components of the program.
March 8, 2018 – Britain’s energy service provider, Wood Group, was chosen by Saudi Aramco and Saudi Basic Industries Corporation (SABIC) to develop the world’s largest fully integrated crude oil to chemicals (COTC) complex in Saudi Arabia. Wood Group will develop the $20 billion complex, provide front-end engineering design and project management services during the […]