Week 43 – News Update from the Kingdom

Russia’s President Vladimir Putin made his first state visit to the Kingdom of Saudi Arabia since 2012 last week. The brief two-day event was part of a wider regional tour that included the UAE. 20 multimillion-dollar deals have reportedly been signed covering space and satellite navigation, health services, mineral wealth and tourism/aviation among others. In…
Read more »

Saudi Tourist Visas

As many of you will have seen in the news there has been another big step taken in the Kingdom. Saudi has allowed 49 nationalities to apply to visit the Kingdom as tourists in order to enjoy unique experiences like the UNESCO World Heritage site at Mada’in Saleh. Citizens of countries allowed to use the…
Read more »

Week 42 – News Update from the Kingdom

In a move described by the foreign ministry as “another step to empowerment”, it was announced last week that Saudi women will soon be allowed to serve in the armed forces, in the ranks of private first class, corporal or sergeant. In other news, the Kingdom saw 24,000 visitors enter the country within the first…
Read more »

AEI’s Next Major Step Taken!

Queensway Street on KASB Compound

The closing of the Olaya Residency was an emotional moment for many in AEI; born soon after we began operating in the Kingdom, the Residency still harbours fond memories for many employees, clients and friends. But as the old saying goes – when one door closes, another opens.. Hence here is a small glimpse of…
Read more »

Week 41 – News Update from the Kingdom

As most of you may have seen, the Kingdom of Saudi Arabia has finally opened itself up to global tourism and is now allowing nationals from 49 countries in Europe, Asia, North America and Oceania to receive tourist visas. The online process is reported to take seven minutes to complete. Following this announcement, the Saudi…
Read more »

AEI on the road!

The past few months has been a busy period for the AEI team with our members attending events in the UK, US, UAE and, of course, the Kingdom of Saudi Arabia. Building Your Business in the Saudi Arabia Heather Hopper, our Head of Market Entry, attended a joint SBJBC and UK-UAE Business Council event at…
Read more »

Week 40 – News Update from the Kingdom

The Crown Prince and de facto ruler of Saudi Arabia, Mohammad bin Salman (MbS), took part in a CBS ’60 Minutes’ interview on Sunday where he was questioned on Iran, Jamal Khashoggi and the treatment of human rights activists in the Kingdom. MbS reiterated that a political response to the alleged Iranian attacks on Saudi…
Read more »

Week 39 – News Update from the Kingdom

Chairman of the Capital Market Authority (CMA), Mohammad El Kuwaiz, has announced that the Saudi Stock Exchange is expected to be the main market for the initial Saudi Aramco IPO. The Saudi Stock Exchange, also known as Tadawul, recently completed the final phase of joining MSCI’s Emerging Markets Index. Saudi Aramco has also announced that…
Read more »

Long Service 5 Year Awards

The team at AEI would like to offer our congratulations to two more of our employees for achieving their 5-year service awards, as some of our earliest employees they have certainly been in it for the long haul and have contributed endlessly to the success we share. Wajid Ali, our chief driver and local legend…
Read more »

Week 38 – News Update from the Kingdom

Oil prices have risen by the largest amount ever after an attack on Saudi oil facilities halted the production of 5.7 million barrels a day. The Saudi authorities have announced that they plan to restore at least two million barrels of production by the end of Monday. In other news, according to data released by…
Read more »