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Saudi News Update: Week 50

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

This week NEOM has announced ‘Topian’. This initiative will look to innovate how we sustainably produce food to help enhance food security and promote sustainable practices. In other news, the Regional Headquarters (RHQ) initiative has announced a 30-year tax break for those MNCs looking to have their RHQ in Saudi Arabia.


Economy, Budgets and Finance

The Guardian:  Saudi Arabia could take ‘effective majority control’ of London Heathrow. Read here


Al Arabiya: Saudi Arabia to grant 30-year tax breaks to companies moving HQs to Riyadh. Read here


Arab News: Beijing to host China-Saudi Investment Conference on Tuesday. Read here


Government and Royal Family

Saudi Gazette:  Saudi Arabia, Hong Kong sign MoU to boost direct investment. Read here


Arab News: Saudi Arabia, Qatar ‘deepen and expand’ economic, security ties. Read here


Defence and Security

Al Arabiya: US State Department approves possible sale of surveillance system to Saudi Arabia. Read here


Arab News: Third KSrelief aid ship for Gaza. Read here


Commercial

Al Arabiya: Saudi Arabia’s NEOM: $500 bln mega-project unveils new food company Topian. Read here


Bloomberg: Saudi Arabia Scores Win in Drive to Lure Financial Giants. Read here


Saudi Gazette: Health minister launches SFDA’s Breakthrough Medicines Program. Read here


Social

Arab News: Historic Jeddah launches art events to boost culture, tourism.  Read here


Arab News: Saudi Arabia’s Soudah Peaks: the luxury mountain destination at the Kingdom’s highest point. Read here


Arab News: AlUla to set majestic stage for Drone Champions League Super Final. Read here


 

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