Week 42 – News Update from the Kingdom

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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Incubator Services

Our serviced office space solutions offer a perfect soft landing for foreign businesses of all sizes and sectors to land and expand in Saudi Arabia. Whether looking at our incubator in Riyadh or elsewhere in the Kingdom, let AEI be your single point of contact to guarantee value for money. For more information, please contact:…
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Week 41 – News Update from the Kingdom

BinDawood Holding Co. is set to sell shares at top price range for its initial public offering. The offer was priced at 96 riyals ($25.59) a share, the company said on Wednesday. BinDawood is set to raise about SR2.19 billion from the listing and will be valued at just under SR11 billion. In other news,…
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Support Services

AEI are relied upon by our clients to be their Support Services Partner, providing turnkey life support solutions to ensure the successful delivery of projects in Saudi. Whether looking to deploy or employ personnel across the Kingdom, let our Support Services Team help you achieve success. If you have any questions, please do get in…
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Week 40 – News Update from the Kingdom

Saudi Arabia’s Tourism Development Fund signed an agreement with Riyadh Bank and Banque Saudi Fransi to finance up to 160 billion riyals ($43 billion) of tourism projects in the kingdom, state news agency SPA reported. In other news, Saudis working in private sector enterprises affected by the pandemic will receive a three-month extension of support…
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Week 39 – News Update from the Kingdom

Saudi Arabia will resume issuing tourist visas as early as January 2021 following months of lockdown, according to Tourism Minister Ahmed Al-Khateeb. While Saudi Arabia prepares to reopen its borders to foreign tourists, it also plans to use its G20 presidency role this year to facilitate the resumption of global travel. In other news, Saudi…
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Week 38 – News Update from the Kingdom

Passengers left Saudi Arabia on Tuesday morning as international flights resumed, with arrivals to the country facing a mandatory three-day quarantine. International passenger flights have been allowed to operate with limited capacity for expatriates who have applied through a Ministry of Interior initiative that allows people in the country legally or illegally, visitors and tourism…
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Market Entry & Trade Services

Making an informed decision to do business in Saudi Arabia is vital. The marketplace is rife with opportunity but understanding the challenges and mitigating the risks is key to success for any exporter.  AEI is trusted by several foreign governments to be their exclusive partner, enabling exporters to overcome these challenges and deliver successfully in…
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Week 37 – News Update from the Kingdom

Saudi Arabia will completely lift restrictions on citizens leaving and returning to the Kingdom, and allowing the opening of land, sea and airports after January 1, 2021, Saudi Press Agency (SPA) reported on Sunday. Citizens of the Gulf Cooperation Council states as well as expatriates and their dependents on valid visa will be allowed to…
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