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Private sector investments in Saudi to gather pace in 2017

Saudi Arabia is likely to attract significant foreign capital via direct foreign investments (FDI) and foreign portfolio investments (FPI) in the months ahead, according to analysts. The recently announced OPEC production cut will also reduce the downside risks for oil prices, enhancing the government’s fiscal flexibility and overall investor sentiment, said the analysts from Al-Rajhi [...]

By |2016-12-13T14:46:56+03:00December 13th, 2016|News, Vision 2030|0 Comments

Saudi Vision 2030 mapped out on a sector-by-sector basis

Saudi Arabia’s far-reaching long-term development plan, Vision 2030, takes center stage in a new report just produced by Oxford Business Group (OBG). The Report: Saudi Arabia 2016 provides in-depth analysis of the Kingdom’s ambitious plans to boost non-hydrocarbons growth, modernize the public sector and attract higher levels of foreign investment. Targets include raising non-oil [...]

By |2016-11-10T03:25:12+03:00November 10th, 2016|News, Vision 2030|0 Comments

Saudi Arabia’s Record $17.5 Billion Bond Sale

Sale is biggest-ever emerging-market debt issue; comes as kingdom works to wean economy off oil. Banks and investors flocked to buy Saudi Arabia’s first global bonds, a milestone in the giant oil producer’s efforts to diversify its economy and embrace global financial markets. The $17.5 billion sale, the largest-ever debt sale by a developing country, [...]

By |2016-11-06T08:55:25+03:00October 23rd, 2016|News, Vision 2030|0 Comments

Updated: Saudi Visa Fee Effective 1438H – OCT 2016

Riyadh, Saudi Arabia: Ministry of Foreign Affairs has issued the following visa structure, clarifying the clause "New Saudi Visa Fees shall not affect the bilateral agreements between the Kingdom and other countries" in the recently announced new visa regime; amid mass confusion. Visa Fee for USA & Schengen states remain unchanged. Britain and Turkey got a new 1 year and 2 [...]

By |2016-11-06T08:53:33+03:00October 18th, 2016|News, Vision 2030|0 Comments

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