Saudi Arabia is set to implement major changes to its labour laws, aimed at enhancing worker rights and job stability. These reforms, endorsed by the Cabinet on August 6, are expected to foster a more attractive work environment and support…

Saudi Arabia has outperformed G20 nations in workforce participation, with both male and female employment rates surging between 2016 and 2021. The Kingdom’s dynamic labor market, spurred by economic expansion and Vision 2030 initiatives, has been instrumental in this achievement.…

Saudi Arabia has undergone a significant transformation in recent years, particularly in its approach to foreign investment. A cornerstone of this transformation is the relaxation of foreign ownership restrictions, creating a more attractive business environment. Historical ContextTraditionally, Saudi Arabia required…

A new report by Knight Frank predicts a phenomenal surge in the city’s retail sector, with a whopping 28% increase in retail space by 2026. This translates to a projected total of 4.6 million sqm of retail bliss for Riyadh…

Get ready, sports fans! Riyadh, Saudi Arabia is about to take its athletic offerings to new heights with the unveiling of the Global Sports Tower. This ambitious project will not only be the world’s tallest sports tower, but also a…

Attention all businesses operating in Saudi Arabia! The Ministry of Commerce is getting serious about financial transparency. They’ve recently announced fines of up to $5,330 for companies that fail to submit their financial statements on time. Why the Crackdown? The…

Riyadh has climbed the ranks to become a top 5 startup hub in the Middle East and North Africa (MENA) according to the latest Global Startup Ecosystem Report. This positions Riyadh as a leading player not just regionally, but also…