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Saudi News Update: Week 48

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

The demand for office space in Riyadh has increased due to the Regional Headquarters initiative, seeing more businesses enter Saudi Arabia. In other news, an investment of 33 billion Saudi Riyals by the Ministry of Investment will see Saudi Arabia become the third largest phosphate producer in the world.


Economy, Budgets and Finance

Saudi Gazette: Investors holding diplomatic or special passports will get a Saudi business visa fee exemption. Read here


Arab News: Saudi Arabia’s economic reforms are boosting M&A activity. Read here


Arab News: Rise of international HQs in Saudi Arabia driving up quality office space demand: CBRE. Read here


Government and Royal Family

Saudi Gazette:  Saudi Arabia, the Dominican Republic hold first round of political consultations. Read here


Arab News: Saudi Arabia to host 27th World Energy Congress in Riyadh in 2026. Read here


Defence and Security

Arab News: First ship carrying aid for Gaza arrives in Egypt in KSrelief-coordinated operation. Read here


Commercial

Arab News: Saudi Arabia launches first Ritz-Carlton residential project in Diriyah. Read here


Saudi Gazette: Al-Falih: SR33b phosphate project will make KSA 3rd largest producer in the world. Read here


Saudi Gazette: Over 157 opportunities worth SR22 billion offered in Northern Borders Investment Forum. Read here


Social

Siasat Daily: Historic Jeddah sponsors FIFA Club World Cup Saudi Arabia 2023. Read here


Arab News: New scorpion species discovered in Saudi Arabia.  Read here


Arab News: ‘Little Asia’ to open in Jeddah on Thursday. Read here


 

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