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450 foreign firms to set up regional HQ in Saudi Arabia

Saudi Arabia has granted licences to 450 foreign investors to open their regional headquarters in the kingdom in a major boost to the country’s economic growth as it will create immense employment opportunities, said Minister of Investment Engineer Khalid bin Abdulaziz Al Falih. He was addressing the gathering at the ‘Human Capability Initiative,’ the first-ever […]

Saudi-based Sahm Capital joins hands with Alibaba Cloud SCCC

Sahm Capital Financial Company, previously known as VCFC, a leading Fintech firm based in Riyadh, has collaborated with Alibaba Cloud SCCC, a cloud service provider jointly founded by Alibaba Cloud and STC Group, to further enhance system reliability and strengthen user experience on the platform stability for its all-in-one trading app, Sahm. Launched in December […]

Saudi & Albania launches Business Council marking new economic cooperation

The Federation of Saudi Chambers has inked an agreement with the Union of Chambers of Commerce & Industry of Albania (UCCIAL) to establish the Joint Saudi-Albanian Business Council. The agreement was signed during the Saudi-Albanian Business Forum held in the Albanian capital, Tirana, with the participation of over 250 officials, investors, and representatives from government […]

Dallah Healthcare sets new horizons with strategic expansion in Saudi Arabia

Dallah Healthcare Company, also known as Dallah Health Company, is embarking on a strategic mission to redefine healthcare services across Saudi Arabia. With an eye on becoming the leading healthcare provider for the nation’s citizens and residents, Dallah Health is also aiming to position the Kingdom as a premier destination for medical tourism. This ambition […]

Saudi Arabia grants investment license to University of Wollongong for branch establishment

The Saudi Ministries of Education and Investment have jointly announced the granting of an investment license to the University of Wollongong, Australia, as part of the Human Capability Initiative (HCI). This strategic step paves the way for the establishment of the university’s branch in the Kingdom, reflecting a significant advancement in providing innovative and globally […]

Saudi ministries partner with Arizona State University for new educational institutions in Riyadh

The Saudi Ministries of Education and Investment have entered into a strategic partnership with Arizona State University and Cintana Education Company, marked by the signing of a Memorandum of Understanding (MoU) at the Human Capability Initiative (HCI) conference. This collaboration aims to establish a new university and an affiliated school in Riyadh, offering internationally recognized […]