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Saudi News Update: Week 1

A businessman is staying up to date by reading the news on a tablet


This week Saudi Minister of Human Resources and Social Development Ahmed Al-Rajhi issued an order impelling firms within the private sector with over 50 employees to provide training for students. In other news, Saudi has set a record with 2100 new investment licenses in 2023 with a growth rate of 135.4% on an annual basis.


Economy, Budgets and Finance

Arab News:  Non-oil shipments to India, and Singapore drive Saudi Arabia’s export growth. Read here


Saudi Gazette: Saudi Arabia sets record with 2100 new investment licenses in Q3 of 2023. Read here


Arab News: Saudi Arabia’s venture ecosystem boosts MENA funding. Read here


Arab News: Saudi FDI inflows rise 29% amid ongoing economic reforms. Read here


Government and Royal Family

Al Arabiya:  Saudi Arabia’s MBS meets with chair, members of US Senate Intelligence Committee. Read here


Defence and Security

Al Arabiya: US Secretary of State Blinken to visit Saudi Arabia, UAE on Middle East trip. Read here


Commercial

Arab News: Companies with 50 or more employees must provide training for students, says Saudi ministry. Read here


Arab News: Saudi Red Sea Authority begins license inspections for tourism activities. Read here


Arab News: Saudi Arabia issued 130 industrial licenses in November 2023. Read here


Social

Arab News: More than 600% increase in green spaces in Makkah region over past 5 months.  Read here


Saudi Gazette: Saudi Olympic Committee reports 52% increase in female athlete registrations in 2023.  Read here


Saudi Gazette: Riyadh Boulevard City closed after record-breaking attendance on Friday.  Read here

 

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