What Is the Public Investment Fund (PIF) Restructuring Program in Saudi Arabia?
JULY 1, 2019Saudi Arabia’s Public Investment Fund (PIF) Restructuring Program is one of the core projects in the country’s Vision 2030 initiative. The restructuring program involves a significant expansion of PIF’s role and mission to include finding qualified foreign partners for financing projects that fall under the Vision 2030 project. This is particularly true for Vision 2030's large-scale projects and global investments. With the National Transformation Program 2020,...
Do You Need a Visa to Travel to Saudi Arabia for Business?
JANUARY 4, 2019While some countries do not require a visa for travelers from the United States, Saudi Arabia requires both a passport and a visa whether you are traveling for business or...
Understanding the NIDLP & How It Affects Doing Business in Saudi Arabia
DECEMBER 10, 2018As a U.S. company involved in or venturing into the Saudi Arabian investment sphere, you know how intricate this market is and how complicated Saudi business relations can be. Even...
What Is the Saudi Arabian General Investment Authority (SAGIA) & Why Is It Important?
NOVEMBER 7, 2018If your company is currently present in or planning to move into Saudi Arabia for foreign investment opportunities, you know the Kingdom is a complex market with an intricate cultural...
The Importance of State-Owned Enterprises in Saudi Arabia
OCTOBER 1, 2018For many companies interested in doing business with Saudi Arabia, or companies who already have business interests in the Kingdom, understanding state-owned enterprises plays a key role in developing strategic...
Fastest-Growing Industries in Saudi Arabia in 2018
SEPTEMBER 27, 2018In the aftermath of the oil boom of 2003–2013, the Kingdom of Saudi Arabia is ambitiously redefining its economy through diversification and productivity-based ventures in a variety of different industry...
6 Key Development Projects in Saudi Arabia
SEPTEMBER 15, 2018At the beginning of the millennium, Saudi Arabia’s economy saw a surge in profits and prosperity due to the rising prices of oil and increased demand for the resource across...
How to Build Long-Term Business Partnerships in Saudi Arabia
AUGUST 22, 2018With the largest economy in the Gulf region, a rapidly growing population and an expansive, transformative economic reform plan to bring the country out of its dependence on an oil...
What Is the National Transformation Program (NTP) 2020?
AUGUST 17, 2018Following the prosperous oil boom of 2003–2013 — which launched Saudi Arabia into a surge of profitability that skyrocketed its GDP, created a plethora of new jobs for its people and...