As lockdowns ease around the world, authorities in Bahrain have also allowed private employers to hire employees from abroad. Employers can now apply for new work permits as The Labor Market Regulatory Authority will start accepting applications for new employees from 9th August 2020 after a five-month suspension.
Saudi Arabia has unified Visit Visa Fee to SR300 = US$80 for family, business, umrah or transit visitors. The same fee applies for Single or Multiple 1 year family or business visitors.
Saudi Arabia has added Pakistan in the list of countries with reduced visit visa fee. Single Entry 90-day visit visa fee is reduced drastically from SAR 2,000 = US$533 to SAR 338 = US$90 only and the fee for multiple entries visa 180, 365 and 730 days is cut down to SAR=675 = US$180.
Middle East Oil Services Providers soon to take advantage of the $139 Billion Global Oilfield Market
According to the resources, GCC and global oil services and equipment providers are going to benefit from the Middle Eastern oil and gas production this year. There have been several deals during this summer which has seen a boost in the investment in this field.
Saudi Arabia has reduced visit visa fee for selected countries including Russia, India, Canada, Australia, South Africa, Malaysia, Brazil, Indonesia, Singapore, Ukraine, Mexico, Argentina, Mauritius, Kyrgyzstan, Cyprus, Ireland, Albania, Croatia, Romania, Bulgaria, Turkey etc.
Saudi announced plans to build an entirely new city called “NEOM” on Saudi Arabia’s Red Sea coast, the latest mega-project in his drive to remake the kingdom in a time of dwindling resources.
Russia and Saudi Arabia plan to set up a $1 billion fund to invest in technology, the chief executive of a sovereign Russian wealth fund said on Wednesday
COMMERCIAL VISIT VISA (زيارة تجارية) for Saudi Arabia is for activities like business meetings, attending conferences, providing consultancy. WORKING VISIT VISA (زيارة عمل) is for activities like on-site work & trainings.
Saudi Arabia signed billions of dollars of deals with U.S. companies during President Donald Trump’s visit to Riyadh. Estimates of their total value vary from $300 billion to close to $400 billion.
Saudi government decided to revise its regulations on the validity of visas granted by its diplomatic missions to French nationals for a period of four years for multiple entries