Saudi Arabia’s Public Investment Fund announced on Thursday that it had acquired 2.04 percent of India’s Reliance Retail Ventures Limited for total investment of $1.3 billion. The move is in line with PIF’s strategy as a leading global investor with a proven track record of investing in innovative and transformative companies globally. In other news,…
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AEI’s accommodation services offer “home from home” facilities for western expats in Saudi Arabia. Regardless of whether you are staying for a couple of days or a few years, our fully serviced accommodation includes meal services, laundry, housekeeping and administrative support for residents. For more information on how we can help, please contact Lizzie Daniell:…
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Saudi Arabia will announce a new set of initiatives to organize and improve the labour market, a spokesperson for the Ministry of Human Resources and Social Development said on Tuesday. In other news, Saudi Arabia is set to host a Formula One Grand Prix for the first time next year with a street race in…
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Since the partial lifting of the suspension of international flights to and from Saudi Arabia on the 15th September, some airlines have begun to add the Kingdom back to their schedule for all permitted travellers (holders of exit/entry, business, residence (Iqama), and visit visas). Whilst tourist visas cannot currently be used to fly (nor being…
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In November 2020, AEI Saudi will be 8 years old. And what a journey these last eight years have been! In this time we’ve grown from a handful of employees working out of borrowed office space in Riyadh, to over 170 full time employees working from multiple facilities across Riyadh as well as satellite operations…
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Saudi Arabian Airlines will restart flights to 13 additional international destinations starting in November, it has been announced. The airline said that the additional routes will increase the total number of international destinations to 33. The new destinations include cities in the Middle East, India and China, among others. In other news, Saudi Arabia is…
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We are pleased to announce that British Airways are to resume direct services to and from Riyadh/London Heathrow from the 3rd November 2020. They will be operating a weekly service through to the 15th November 2020. For further information on how flights will work moving forward, please click the following link: Resumption of British Airways…
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Setting up a business or exporting to Saudi Arabia can be a difficult and challenging process. Our corporate services team seek to accelerate and enable compliant company registrations and market entry activities for businesses looking for success in the Kingdom. For more information on the range of corporate services we offer, please contact: Lizzie Daniell…
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We are pleased to announce the release of this year’s Discovering Business 2020/2021 – A guide to doing business in Saudi Arabia. HRH Prince Khalid bin Bander bin Sultan – Kingdom of Saudi Arabia’s Ambassador to the UK and Mr Neil Crompton – British Ambassador to the Kingdom of Saudi Arabia share their thoughts around…
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Saudi Aramco CEO Amin Nasser said on Tuesday he expects global crude demand to recover to pre-pandemic levels by 2022, provided a coronavirus vaccine is developed by the end of next year. The chief said the current global oil demand was 90 million bpd, and was picking up, led mainly from east Asian countries with…
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