Saudi Arabia Lures 600+ Multinational HQs
Discover how Saudi Arabia’s RHQ Program, offering 30-year tax relief and strategic perks, has attracted 600+ multinational HQs—accelerating its Vision 2030 economic boom.
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SAMA Bans WhatsApp for Customer Communications Over Security Risks
The Saudi Central Bank (SAMA) has banned financial institutions from using instant messaging platforms such as WhatsApp for customer communications, citing critical security vulnerabilities and non-compliance with data protection standards
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Saudi Ride-Hailing Sector Booms, Drivers Earn Over SAR 2B Annually
Saudi ride-hailing drivers earn SAR 2B yearly as trips hit 80.5M in 2024, per TGA and Uber data. Female drivers surge 48%. Explore the sector’s Vision 2030 impact
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Saudi Arabia Unveils National Currency Symbol, A New Era for the Riyal
King Salman bin Abdulaziz has officially approved a national currency symbol for the Saudi riyal (SR)
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LEAP 2025: Saudi Arabia’s Global Tech Event Kicks Off with $14.9 Billion in AI Investments
LEAP 2025, the Kingdom of Saudi Arabia's premier global tech event, officially launched in Riyadh on Sunday. The event has brought together global technology and innovation leaders, reinforcing Saudi Arabia's position as a primary hub for digital transformation and an attractive destination for tech investments.
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Saudi Arabia’s Non-Oil Private Sector Records Fastest Growth
In a remarkable display of economic resilience and strategic planning, Saudi Arabia's non-oil private sector has witnessed its most rapid expansion in a decade
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Saudi Opens Doors to Foreign Investment in Makkah and Madinah Real Estate
In a landmark move to boost foreign investment and strengthen its capital market, the Saudi Capital Market Authority (CMA) has announced that foreign investors can now invest in Saudi-listed companies owning real estate in the holy cities of Makkah and Madinah
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Saudi Launches SAR10 Billion Industrial Incentives Program; All You Need to Know
The Saudi government has unveiled a landmark SAR10 billion Standard Incentives Program aimed at boosting industrial investment and development across the Kingdom
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Saudi Freelance Economy Booms, Gig Works on The Raise
Saudi Arabia's freelance sector is experiencing unprecedented growth, with over 2.25 million professionals registered on the national freelance platform
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Saudi Central Bank Cuts Rates
The Saudi Central Bank (SAMA) announced a 25-basis-point reduction in its benchmark interest rate to 5 percent