Week 04 – News Update from the Kingdom

After five years serving as the United Kingdom’s ambassador to Saudi Arabia, Simon Collis, is leaving his post and will be replaced by Neil Crompton in February 2020. In other news, the Israeli government has announced that it will allow its citizens to visit the Kingdom for the first time although travel is limited to…
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Week 03 – News Update from the Kingdom

Saudi Arabia’s largest private healthcare operators plans an IPO next month. The deal will be the first IPO to come to the local market after Saudi Aramco raised more than $29 billion in December. In other news, Saudi Arabia is committed to reducing emissions and will increase the use of gas as fuel to generate…
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Week 02 – News Update from the Kingdom

The business outlook for Saudi Arabia’s non-oil private sector remains positive, despite showing the weakest improvement for five months, according to the IHS Markit Saudi Arabia Purchasing Managers’ Index (PMI). Saudi Arabia’s Vice Defense Minister Prince Khalid bin Salman met with US Secretary of State Mike Pompeo in Washington where they discussed recent events in…
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Week 01 – News Update from the Kingdom

Saudi Arabia’s non-oil sector GDP stated a year-on-year growth of 4.3 per cent in third quarter of 2019 and a growth of 2.9 per cent in the second quarter of the year. The Royal Commission for Riyadh City has specified second quarter 2020 as the period for starting operation of the King Abdulaziz Bus Public…
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