Saudi Millennials are more optimistic about the future compared to global average of peers, Deloitte ...
• On average, Millennials in Saudi Arabia are more satisfied with their life today compared to their global peers • Saudi youth are more ambitious about career and entrepreneurship opportunities relative to the global average • Survey results show that 94 percent of Saudi Millennials would consider joining the gig economy Riyadh, Saudi Arabia – 22 May 2019: Deloitte, a leading global provider of audit and assurance, consulting, financial advisory, risk advisory, tax and related services, announced today the launch of its 2019 Deloitte Global Millennial Survey. The eighth annual study found that, despite global economic growth, ......Read More
Wednesday, May 22, 2019
Saudi Arabia's National Industrial Program, Quality of Life Program 2020 and increased market transp ...
KSA, Riyadh - 23 April 2019: The ongoing mega-project announcements and improvements to government regulations are expected to boost demand for, and enhance the long term performance of Riyadh’s real estate sector, highlights JLL’s Q1 market overview. Reforms focused on increasing transparency, enhancing the logistics sector and ......Read More
Tuesday, April 23, 2019
First Regional Policy Workshop On Enabling the Digital Environment
Dubai, UAE, 15 April 2019: The Communications and Information Technology Commission (CITC), and the Internet Society held their first regional workshop on enabling the digital infrastructure in the Middle East region. The workshop was attended by delegates from KSA, Egypt, Bahrain, Oman and the Internet Society. The Arab governments ......Read More
Monday, April 15, 2019
Saudi Women On The Road To Vision 2030
The First Saudi Global Forum in Washington D.C. USA highlights the significance of female participation in all aspects of Saudi society Over the last two years, Saudi Arabia has been going through a groundbreaking period of transformation that is focused on diversifying its oil-dependent economy, and that has improved the rights and mobility of ......Read More
Sunday, April 14, 2019
Saudi Arabia 'A-/A-2' Ratings Affirmed; Outlook Stable
We expect the Saudi government's expansionary budget will help boost economic growth. We forecast wider fiscal deficits, but expect Saudi Arabia will retain strong government and external balance sheets. We are affirming our 'A-/A-2' long- and short-term sovereign ratings on Saudi Arabia. The outlook remains stable. Rating Action Saudi Arabia, March 30, 2019: On March 29, 2019, S&P Global Ratings affirmed its 'A-/A-2' unsolicited longand short-term foreign and local currency sovereign credit ratings on Saudi Arabia. The outlook is stable. The stable outlook reflects our expectation that Saudi Arabia will maintain a pace of moderate economic ......Read More
Saturday, March 30, 2019
New Visa Application Centre Opens in Al Khobar and Jeddah for Schengen Visas to Belgium
Managed and operated by VFS Global, the centres have started accepting visa application submissions to Belgium from residents and citizens of the Kingdom of Saudi Arabia Visa Application Centre inaugurated in Al Khobar by H.E. Dominique Mineur, Ambassador of Belgium to the Kingdom of Saudi Arabia Saudi Arabia, March 12, 2019: ......Read More
Tuesday, March 12, 2019
Reimbursement of Expat Levy Announced for Select Employers
13 February 2019 - SAUDI ARABIA Executive summary The Ministry of Labour and Social Development announced that select employers will be eligible for reimbursement of a monthly fee they must pay for each foreign employee under their sponsorship. The Ministry of Labour and Social Development (MLSD) announced that select employers will be eligible for reimbursement of a monthly fee they must pay for each foreign employee under their sponsorship. Eligibility conditions According to the MLSD’s announcement, employers with a Nitaqat rating of low green, medium green, high green and platinum for the past 52 ......Read More
Wednesday, February 13, 2019
Greece partners with VFS Global to launch Visa Application Centres in the Kingdom of Saudi Arabia an ...
Greek Visa Application Centre inaugurated in Riyadh by H.E. Mr. Ioannis Taghis, Ambassador, Extraordinary and Plenipotentiary of Greece, in the Kingdom of Saudi Arabia New centres opened in light of growing numbers of visa applications to Greece February 11, 2019 Greece in partnership with VFS Global, the world’s largest outsourcing and technology services specialist for diplomatic missions worldwide, announced the opening of two Visa Application Centres in cities of Riyadh and Al Khobar in the Kingdom of Saudi Arabia. Greece also opened it’s very first visa application centre in Muscat, the Sultanate of Oman. The centres started ......Read More
Monday, February 11, 2019
Immigration Bureau of Thailand and VFS Global introduce new Thailand eVisa service for Saudi travell ...
Immigration Bureau of Thailand and VFS Global collaborate to offer the new eVisa On Arrival (eVOA) service for eligible travellers from 21 countries including the Kingdom of Saudi Arabia*) eVOA holders save time and get a faster immigration service at dedicated Immigration counters at major airports in Thailand Travellers receive their travel authorisation online pre-departure within 24 to 72 hours of application being submitted A new ‘Express eVisa On Arrival’ service is also available for approval within 24 hours Applications to be submitted on https://thailandevoa.vfsevisa.com/ or at VFS Global visa application centres across the globe January 30, ......Read More
Wednesday, January 30, 2019
16th edition of the Saudi Plastics and Petrochemicals Exhibition successfully launched with more tha ...
Under the patronage of His Royal Highness Prince Mishaal Bin Majid bin Abdulaziz Al Saud Saudi Arabia, January 28, 2019 – 16th edition of the Saudi Plastics and Petrochemicals Exhibition opened at the Jeddah Center for forums and events, in the presence of his Highness Saud Bin Abdullah Bin Jalwi, advisor to the Governor of ......Read More
Monday, January 28, 2019
Implementation Date Announced for Long-Term Residence Permits
22 January 2019; Dubai, UAE: Executive summary The Cabinet of the United Arab Emirates (UAE) announced that the issuance of long-term residence permits for investors, outstanding students, foreign nationals with exceptional talents, and similarly-situated foreign nationals, as determined by the UAE government, will begin on 3 February 2019. Categories of applicants A five-year residence permit will be available to the following categories of foreign nationals: • Investors in the UAE real estate market; • Entrepreneurs and up to three executives working for the qualifying ......Read More
Tuesday, January 22, 2019
Saudi Ministry of Environment, Water and Agriculture signs contract for the first independent sewage ...
The project has a designed capacity of 350 thousand cubic meters per day 22nd January 2019: HE Minister of Environment, Water and Agriculture, Chairman of the Water and Electricity Company, Chairman of the Supervisory Committee for Privatization in the Environment, Water and Agriculture Sectors - Eng. Abdulrahman Al Fadley signed a ......Read More
Tuesday, January 22, 2019
Saudi Visa Application Process in Dubai Restricted to Holders of UAE Residence Permits
January 13, 2019: Foreign nationals who are not residents of the United Arab Emirates can no longer apply for visas to Saudi Arabia through the Saudi visa application centre in Dubai. Foreign nationals who are not residents of the United Arab Emirates (UAE) can no longer apply for visas to Saudi Arabia through the Saudi visa application centre in Dubai. Although no official announcement has been made, this information was conveyed to Fragomen verbally by a representative of the Saudi visa application centre in Dubai – VFS Tasheel International. Background Previously, foreign nationals applying for Saudi visas could do so through the Saudi ......Read More
Sunday, January 13, 2019
Xerox Saudi Arabia Participates in Riyadh Sustainability Initiative; Plants 200 Trees
Riyadh, KSA, 9 December 2018: Xerox Saudi Arabia employees joined more than 1,000 volunteers for the second annual Tashgeer sustainability initiative. With a goal to make the city of Riyadh greener, the team helped plant 200 trees along King Khaled and King Salman roads. A total of 8,000 trees were planted in one day. The ......Read More
Sunday, December 9, 2018
EDCC organizes largest UAE Pavilion at debut SNSR in Saudi Arabia
November 04, 2018: The Emirates Defense Companies Council (EDCC), is taking part in the Saudi National Security and Risk Prevention Expo (SNSR), which opened today in Riyadh and is being held under the patronage of HRH Prince Abdul Aziz bin Saud bin Nayef bin Abdul Aziz Al Saud, Interior Minister of Saudi Arabia. Patronized by Tawazun ......Read More
Sunday, November 4, 2018
ICAEW: Consolidation of regulatory laws will help Saudi Arabia attract foreign investment and meet V ...
Dubai, UAE, October 31, 2018: Achieving Saudi Arabia’s ambitious Vision 2030 requires consolidation of regulations in order to attract foreign investment, create new jobs and transfer private sector skills to the public sector. This was the consensus during accountancy and finance body ICAEW’s Corporate Finance Faculty roundtable ......Read More
Wednesday, October 31, 2018
Makkah Millennium Hotel & Towers Hosts Children from Dar Al Ber Charity Association
(Makkah, KSA, 27 August 2018): Makkah Millennium Hotel and Towers, the luxury hotel serving the pilgrims coming to Makkah and located directly over the Holy Haram Al Sharif Piazza and King Fahd Gate, recently hosted more than 20 children from Dar Al-Ber Charity Association. The project was part of the hotel’s corporate ......Read More
Monday, August 27, 2018
Thomson Reuters Hosts 10th Annual Compliance and Anti-Money Laundering Seminar in Saudi Arabia
Seminar held in partnership with the Institute of Finance and under the patronage of SAMA Governor August, 2nd, 2018: Thomson Reuters will host the 10th Annual Compliance and Anti-Money Laundering Seminar on September 26 & 27, 2018 in Riyadh, Kingdom of Saudi Arabia. The seminar, which celebrates its tenth ......Read More
Thursday, August 2, 2018