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Saudi Arabia’s New SME Strategy: 500,000 Jobs and a 35% GDP Push by 2030
Saudi Arabia’s New SME Strategy: A Bold Bet on Small Business Growth Saudi Arabia just placed one of its biggest economic bets yet on small and medium enterprises. On September 15, 2026, the Saudi Cabinet approved the National Entrepreneurship and Small and Medium Enterprises Strategy, a sweeping plan designed to
FDI Strategy: Bahrain ranked in top five globally.
Abu Dhabi (6th) and Dubai (8th) are also ranked in the top 10. The fDi intelligence magazine of Financial Times, in their ‘2021 Global Cities of the Future’ index, has awarded Bahrain’s capital city Manama with the fifth position globally among cities of all sizes and first position among small
Citizenship by Investment
Citizenship by Investment (CBI) is the means to obtain a second citizenship and passport in a country other than one’s home country by investing in their economy. Though the pandemic and the ruckus that tagged along has affected the entire world in a grim way, new doors have opened for
Historic labor reforms comes into force in Saudi Arabia
The landmark initiative ends the 70 year old Kafala (Sponsorship) System in the Kingdom. Saudi Arabia’s Ministry of Human Resources and Social Development formally declared that the new labor reform initiative will come into force on March 14, 2021. Ministry said that this labour initiative is in continuation with Saudi’s
Oman Announces Economic Stimulus Package!
Oman aims to put its economy back into track post the pandemic-hit period. Sultanate of Oman has approved a new Economic Stimulus Package on Tuesday, with a mission to set back right the economy impacted by the spread of corona virus. The package, approved by Sultan Haitham bin Tarik is
Aug 23: New Deadline for Anti-Coverup Law Violations.
Saudi Arabia set to curb commercial concealments. As part of their ongoing fight against commercial coverup businesses, the Ministry of Commerce and the National Anti-Commercial Concealment Program of Saudi Arabia have set August 23, 2021 as the deadline to correct all the violations with respect to Anti-Commercial Concealment Law. According
Start 100% Foreign owned company in Saudi Arabia
Invest in Saudi Arabia Saudi Arabia is the fastest growing and diversifying market in GCC. As per the latest world bank ranking on Ease of Doing Business, Saudi Arabia is placed at 62nd position compared to 92nd position in the year before. This drastic improvement has been the result of
Riyadh says “Ahlan wa Sahlan Investors!”
It is an interesting time for Saudi Arabia. Changes in so many different domains remain to keep business experts across the globe eager and excited. KSA has been witnessing a paradigm shift in its economic and foreign policies. Vision 2030 is one such transformational project launched by Crown Prince Salman
Bahrain to Continue Economic Support Packages.
Relative to its economic output, Bahrain deployed the Gulf region’s biggest stimulus package Like the rest of the world, pandemic had been the toughest for the Kingdom of Bahrain along with the low oil prices hitting the public finances. However, the Kingdom has announced that it could extend the duration
UAE Welcomes Entrepreneurs with Policy Changes
Now you can hold 100% ownership in certain sectors in Mainland UAE. Have you ever thought of starting a business in the UAE? If you have, there is good news for you, and if you haven’t, maybe it’s the right time to think of one. UAE is a country that
Get a License and sponsor your family for Dh. 530 in UAE
Now live and work in Abu Dhabi as ADDED launches freelancer license Are you planning to move out of your current job and start your own consultancy? Abu Dhabi’s Department of Economic Development has just made it easier for skilled professionals, both residents and nonresidents, in specific categories to apply
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Permits granted to 4 new FinTech firms to operate under Regulatory Sandbox by Saudi Central Bank
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