First Female Real Estate Office Opens In Saudi Arabia

Saudi businesswoman Amjad Bint Ibrahim Al-Hajji at her office in Riyadh. On the left, photo of eal estate investor Yehya bin Abdullah Al-Jarifani (Asharq Al-Awsat)
Saudi businesswoman Amjad Bint Ibrahim Al-Hajji at her office in Riyadh. On the left, photo of eal estate investor Yehya bin Abdullah Al-Jarifani (Asharq Al-Awsat)
TT

First Female Real Estate Office Opens In Saudi Arabia

Saudi businesswoman Amjad Bint Ibrahim Al-Hajji at her office in Riyadh. On the left, photo of eal estate investor Yehya bin Abdullah Al-Jarifani (Asharq Al-Awsat)
Saudi businesswoman Amjad Bint Ibrahim Al-Hajji at her office in Riyadh. On the left, photo of eal estate investor Yehya bin Abdullah Al-Jarifani (Asharq Al-Awsat)

The first female real estate office was inaugurated on Wednesday in Saudi Arabia, reflecting the Saudi leadership’s endeavor to empower Saudi women in line with Vision 2030.

Saudi businesswoman Amjad Bint Ibrahim Al-Hajji has recently entered the real estate sector, registering her name as the first woman to own a real estate office thanks to a long experience in monitoring the sector and her participation in courses and trainings.

Amjad chose to engage in the real estate sector, taking advantage of the facilities provided by the state to women in Saudi Arabia to invest and work in various fields and activities, in addition to her personal experience as she accompanied her late father since her childhood in most of his real estate business.

“It is the happiest day of my life. The dream that haunted me from childhood has come true: To become a real estate investor like men,” she told Asharq Al-Awsat.

She continued: “My late father worked in buying and selling real estate in and around Riyadh, which gave birth to my passion to enter this large investment sector.”

Amjad stressed that her dream was fulfilled thanks to the vision of the Custodian of the Two Holy Mosques King Salman bin Abdulaziz and his Crown Prince Mohammed bin Salman, which allowed women to participate in development programs.

She recounted that on the day of the inauguration of the office, a large number of real estate investors visited her in Riyadh and expressed their willingness to cooperate with her, by asking her to market their real estate projects.

“This approval for the engagement of women into this sector is receiving the blessing, acceptance and encouragement of the Saudi society,” the businesswoman emphasized.

Amjad said that she had enrolled in training courses offered by real estate investor Yehya bin Abdullah Al-Jarifani.

He launched initiatives to empower youth of both genders, qualify them, and spread knowledge and training needs to allow them to enter the labor market through the real estate sector.

The initiatives that kicked off years ago started with employing and training many female and male university students in his small real estate office in Riyadh, which today has turned into a major company.

Over the past years, Al-Jarifani has allowed dozens of students of both genders to work on the hour system, at wages of up to one thousand riyals per month.



China Widens Foreign Investment Incentive List to Stem Falling Inflows

People visit a shopping center in Beijing on December 20, 2025. (AFP)
People visit a shopping center in Beijing on December 20, 2025. (AFP)
TT

China Widens Foreign Investment Incentive List to Stem Falling Inflows

People visit a shopping center in Beijing on December 20, 2025. (AFP)
People visit a shopping center in Beijing on December 20, 2025. (AFP)

China on Wednesday listed more sectors eligible for foreign investment incentives, from tax breaks to preferential ​land use, in its latest effort to stem a prolonged decline in overseas capital inflows.

Under the 2025 edition of the catalogue of industries for encouraging foreign investment, China added more than 200 and revised about 300, with a ‌focus on ‌advanced manufacturing, modern services and ‌green ⁠and ​high-tech ‌sectors, the list jointly issued by the National Development and Reform Commission and the commerce ministry showed.

The new catalogue, which takes effect on February 1, 2026, replaces the 2022 version and continues a policy framework ⁠that offers foreign-invested enterprises tariff exemptions on imported equipment, preferential ‌land pricing, reduced corporate income ‍tax rates in ‍designated regions and tax credits for reinvestment ‍of profits.

The catalogue also extends incentives to central and western regions, as well as the northeast and Hainan, as Beijing seeks to attract ​more foreign investment into less developed areas.

China has in recent months ⁠taken a raft of measures to boost foreign investment, including pilot programs in Beijing, Shanghai and other regions to expand market access in services such as telecoms, healthcare and education, amid trade tensions with the United States.

Foreign direct investment in China totaled 693.2 billion yuan ($98.84 billion) from January to November this year, down 7.5% from the ‌same period last year, data from the commerce ministry showed.


Environment Ministry Launches Saudi Citrus Season with Production Exceeding 158,000 Tons

The citrus production season in the Kingdom begins in July and continues through March each year. (SPA)
The citrus production season in the Kingdom begins in July and continues through March each year. (SPA)
TT

Environment Ministry Launches Saudi Citrus Season with Production Exceeding 158,000 Tons

The citrus production season in the Kingdom begins in July and continues through March each year. (SPA)
The citrus production season in the Kingdom begins in July and continues through March each year. (SPA)

The Saudi Ministry of Environment, Water and Agriculture launched on Wednesday the Kingdom’s citrus season in local markets as part of its efforts to support and develop the agricultural sector and enhance food security in the country, in line with the Saudi Vision 2030.

The is part of the ministry’s ongoing efforts to support national agricultural products, raise awareness of citrus varieties and their nutritional benefits and production areas, and highlight their year-round diversity across production seasons.

These efforts help in improving marketing efficiency, boost competitiveness, and achieve rewarding economic returns.

Citrus fruits are among the most widely cultivated crops in the Kingdom. They are grown in several regions that produce a variety of citrus types, most notably lemons, oranges, mandarins, grapefruit, citron, and kumquats.

The ministry said lemon production leads Saudi citrus output, with total production exceeding 123,000 tons and more than 1.5 million fruit-bearing trees. Orange production follows, with total output reaching 35,700 tons and more than 397,000 fruit-bearing trees.

The citrus production season in the Kingdom begins in July and continues through March each year, it added.

The ministry said the Saudi citrus season has been launched with a number of major retail markets across the Kingdom showcasing local products through innovative packaging and display methods. This boosts the quality and reliability of local products and increases consumer demand during production seasons.


SLB Awarded 5-Year Contract to Stimulate Unconventional Gas in Saudi Arabia

SLB has been awarded a five-year contract by Saudi Aramco to provide stimulation services for its unconventional gas fields. (Asharq Al-Awsat)
SLB has been awarded a five-year contract by Saudi Aramco to provide stimulation services for its unconventional gas fields. (Asharq Al-Awsat)
TT

SLB Awarded 5-Year Contract to Stimulate Unconventional Gas in Saudi Arabia

SLB has been awarded a five-year contract by Saudi Aramco to provide stimulation services for its unconventional gas fields. (Asharq Al-Awsat)
SLB has been awarded a five-year contract by Saudi Aramco to provide stimulation services for its unconventional gas fields. (Asharq Al-Awsat)

Global technology company, SLB, has been awarded a five-year contract by Saudi Aramco to provide stimulation services for its unconventional gas fields, the company said in a statement on Tuesday.

The move is part of a broader multi-billion contract, supporting one of the largest unconventional gas development programs globally, it said.

The contract encompasses advanced stimulation, well intervention, frac automation, and digital solutions, which are important to unlocking the potential of Saudi Arabia’s unconventional gas resources - a cornerstone of the Kingdom’s strategy to diversify its energy portfolio and support the global energy transition.

“This agreement is an important step forward in Aramco’s efforts to diversify its energy portfolio in line with Vision 2030 and energy transition goals,” said Steve Gassen, SLB executive vice president.

“With world-class technology, deep local expertise, and a proven track record in safety and service quality, SLB is well positioned to deliver tailored solutions that could help redefine operational performance in the development of Saudi Arabia’s unconventional resources,” he added.

These solutions provide the tools to work toward new performance benchmarks in unconventional gas development.

SLB is a global technology company that drives energy innovation for a balanced planet.

With a global footprint in more than 100 countries and employees representing almost twice as many nationalities, it works on innovating oil and gas, delivering digital at scale, decarbonizing industries, and developing and scaling new energy systems that accelerate the energy transition.