Saudi Arabia, the largest economy in the Middle East, is on course to become a hotbed of business opportunities due to its ambitious set of economic reforms under the umbrella of Vision 2030. The initiative, driven by Crown Prince Mohammed bin Salman, will wean the country’s economy off its heavy reliance on oil, thereby opening up a…
Establishing your business in Dubai will prove to be a money-spinning venture considering its strategic location, vibrant economy, and law friendly to business. But a prerequisite for setting up a business in this thriving market involves getting a business license. Acquire the insights and answers to some of the Frequently Asked Questions as you read,…
Saudi Aramco, one of the world’s largest oil companies, offers lucrative opportunities for businesses across various industries. Registering as a vendor with Aramco can open doors to large-scale projects and long-term contracts. Here’s a step-by-step guide to help you understand the process and successfully register as a vendor with Aramco in Saudi Arabia. 1. Why…
Saudi Aramco, the world’s largest oil company, presents vast business opportunities for both local and international companies. As the Kingdom of Saudi Arabia accelerates its economic diversification goals under Vision 2030, partnering with Aramco can be a game-changing move for businesses looking to expand in the energy, engineering, manufacturing, and service sectors. 1. The Role…
Saudi Arabia is experiencing a remarkable transformation, driven by the ambitious Vision 2030 initiative, which aims to diversify the economy away from oil dependency and promote sustainable growth across various sectors. This creates a wealth of business opportunities for both local and foreign investors. Below, we explore some of the most lucrative sectors, key insights, and strategies…
The Middle East, with its rich history, strategic location, and abundant natural resources, has emerged as one of the most attractive regions for business, innovation, and investment. From its booming economic growth to tax incentives, the Middle East has proven to be an unparalleled destination for businesses looking to expand, diversify, or establish a foothold….
Saudi Arabia’s financial landscape continues to experience rapid growth, with liquidity reaching an unprecedented SAR 2.898 trillion ($772.3 billion) by the end of Q2 2024, marking a historic milestone in the country’s economic journey. This substantial increase in liquidity is a powerful indicator of the Kingdom’s ongoing efforts to position itself as a global economic…
In today’s globalized world, businesses and individuals frequently find themselves needing to present official documents abroad. Whether it’s for employment, education, or business purposes, ensuring your documents are legally recognized in foreign countries is essential. Two common processes for verifying the authenticity of documents are attestation and apostille services. However, while both services authenticate documents,…
Saudi Arabia’s booming economy, driven by Vision 2030, presents exciting opportunities for foreign investors and entrepreneurs. Setting up an investment company or a subsidiary in the Kingdom can be a highly profitable venture if done correctly. In this guide, we will walk you through the essential steps, highlight the benefits, and explain how J K…
Introduction Saudi Arabia has long been known as a land of immense oil reserves and wealth. This reputation was solidified recently when Saudi Aramco, the world’s largest oil company, reported an astounding $56 billion in quarterly profits. This figure surpasses the combined profits of global tech giants such as NVIDIA, Meta, Tesla, and Amazon. The…