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
The report warns oil prices will not rise significantly due to the expected rise in global production, especially from US shale producers who are responding to stabilizing prices by increasing drilling activity. Brent crude is forecast to average $52 per barrel in 2017 and 2018, before a more vigorous acceleration from 2019 onwards.
The volume of spending on information technology (IT) in the Kingdom is expected to hit $7.5bn (SR28bn) in the current year