Bandar al-Mosalam
Business An employee of the Ministry of Commerce during a visit to monitor violations (SPA)

Saudi Finance Ministry to Ask Government Agencies to Issue Fines through National Platform

The Saudi Ministry of Finance will ask all government agencies to use a unified national platform to issue fines and penalties, sources told Asharq Al-Awsat. …

Bandar al-Mosalam (Riyadh)
Entertainment The Saudi government is working to stimulate the cinema sector and increase its contribution to the economy. (Asharq Al-Awsat)

Saudi Arabia to Reduce Cinema License Fees to Increase Economic Contribution

The Saudi government has presented a package of incentive programs to enhance the sustainability of the cinema sector, which includes reducing the financial…

Bandar al-Mosalam (Riyadh)
Business Saudi Minister of Health Fahd Al-Jalajel during the opening of one of the new branches of Magrabi Hospitals in Makkah. (Asharq Al-Awsat)

Saudi Arabia Offers Attractive Digital Infrastructure for Health Companies

Saudi Arabia’s health system has become an attractive investment environment for the private sector at the local and international levels, thanks to the…

Bandar al-Mosalam (Riyadh)
Business A general view of Riyadh, Saudi Arabia. (Asharq Al-Awsat)

Indicators Point to Saudi Economic Prosperity in 2025

Many indicators show that the Saudi economy is heading towards prosperity in 2025, based on data that made the International Monetary Fund (IMF) and the World…

Bandar al-Mosalam (Riyadh)
Business Saudi Arabia’s King Abdulaziz Port succeeded in handling 289,787 standard containers during March (Asharq Al-Awsat)

Saudi Arabia Asks Shipping Agents to Expedite Container Retrieval at Dammam Port

The Saudi Ports Authority (Mawani) has told shipping agents and storage lessees at King Abdulaziz Port in Dammam to quickly pick up imported containers after…

Bandar al-Mosalam (Riyadh)
Business The Saudi Business Center facilitates the procedures for starting, conducting, and terminating economic businesses, as well as providing all related services. (Asharq Al-Awsat)

Business Expansion in Saudi Market Reflected in Issuance of More than 1.4 Million Commercial Registers

The number of existing commercial registrations in Saudi Arabia now exceeds 1.4 million after it achieved a 59 percent jump during the first quarter of 2024 by…

Bandar al-Mosalam (Riyadh)
Business One of the job fairs that bring together companies with job seekers in Saudi Arabia (Asharq Al-Awsat)

Kingdom Invests $2.3 Bn to Boost Private Sector Saudi Employment

Saudi Arabia’s Human Resources Development Fund invested around SAR 8.7 billion ($2.3 billion) last year in programs for training, counseling, and empowering…

Bandar al-Mosalam (Riyadh)
Business The Federation of Saudi Chambers has announced the formation of the first-of-its-kind national committee for military industries (Asharq Al-Awsat)

Saudi Arabia to Expand Private Sector Role in Military Industries

The Saudi private sector is stepping up its involvement in military industries to boost sector development and ensure long-term project success. The aim is…

Bandar al-Mosalam (Riyadh)