Insights

New Regulations to Improve Taxi Services in Saudi Arabia

The Public Transport Authority (PTA), in cooperation with the Saudi Commission for Tourism and National Heritage (SCTH), has started to implement qualitative changes in the Kingdom’s taxi sector.

Saudi 2020 Budget Focuses on Privatization

The 2020 commitments include driving the private sector to reach SR 13-14 billion to the GDP, securing around SR 35-40 billion government revenues from asset sales and SR 30-35 billion net government savings from privatization or public-private partnership.

Above the Clouds: Saudi Arabia Launches Its First Communications Satellite

Represented by the King Abdul-Aziz City for Science and Technology (KACST), The Kingdom of Saudi Arabia has launched its first satellite for communications on February 2019.

Saudi Arabia Pushes OPEC to Cut Oil Production

The Organization of the Petroleum Exporting Countries (OPEC) nations and its alliance, led by Saudi Arabia and Russia agreed to deepen their oil cuts to 1.7 million b/d from the current.

Saudi Arabia Mandates Tobacco Companies to Disclose Ingredients

Tobacco Companies have received the mandatory from The Saudi Food and Drug Authority (SFDA) and the Ministry of Commerce to disclose ingredients of their cigarettes before and after their packaging.