Insights

SAGIA: Building Materials Market to Reach SAR 700 Billion by 2030

The Kingdom of Saudi Arabia has a large market with a growing demand for building materials, primarily being driven by the dynamics of the construction sector.

Key Pillars Towards a Cashless Society in Saudi Arabia

The Kingdom of Saudi Arabia has launched its ambition through Vision 2030 to reform and diversify the Kingdom’s economy and create a vibrant society and country for people to live.

SAMA Launches Licenses for Financial Technology Institutions

Licenses for non-bank financial institutions, in this case, Financial Technology Institutions, have been launched by the Saudi Arabian Monetary Authority (SAMA).

Saudi to Provide Over 2,000 Hospital Beds to Quarantine COVID-19 Cases

Saudi Ministry of Health (MoH) stated that around 2,200 beds have been dedicated to quarantine cases of coronavirus, known as Covid-19.

Government to Allow 24/7 Commercial Activities in Saudi Arabia

Effective January 2020, the government of Saudi Arabia has announced that the commercial activities, including shops and businesses, will be allowed to stay open for 24 hours a day.