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  • Saudi-US business forum to focus on defense, artificial intelligence

    The Federation of Saudi Chambers will host the Saudi-US Business Forum at its headquarters in the Saudi capital with participation from the US Embassy in Riyadh. Around 200 American and Saudi businesspeople from the defense, renewable energy, informational technology and various other sectors will attend, the official Saudi Press Agency reported.

  • Saudi-US business forum to focus on defense, artificial intelligence

    The Federation of Saudi Chambers will host the Saudi-US Business Forum at its headquarters in the Saudi capital with participation from the US Embassy in Riyadh. Around 200 American and Saudi businesspeople from the defense, renewable energy, informational technology and various other sectors will attend, the official Saudi Press Agency reported.

  • Women in business: How empowering women will in turn power our economies

    Every day, barriers are being replaced by opportunity. Cultural limitations are giving way to social transformation. Change and evolution is thriving. Our society rightly recognises that the economy cannot prosper if half the population is on the sidelines. Beyond a corporate objective for organisations, women enablement is being realised as a necessity for our society – an essential means for our continued progress as a strong nation.

  • Saudi ministry enables business owners to cancel commercial records electronically

    The Saudi Ministry of Commerce announced on Tuesday that business owners will now be able to cancel commercial records for business establishments and their subsidiaries electronically without requiring a review by other authorities after clearing any overdue registration fees. The service came into effect on March 1.

  • What Does the Saudi Regional Headquarters Program Mean for Companies Doing Business in the Region?

    An RHQ is currently defined as a unit of a multinational company established under the laws of Saudi Arabia for the purpose of supporting, managing, and providing strategic direction to its branches, subsidiaries, and affiliates operating in the MENA region.

  • A new dawn for Saudi diwaniya: AmCham holds its first Women in Business committee meeting

    The diwaniya held on Friday night in an opulent residence a short drive away from Riyadh was different in that it was hosted by a man, but led by women. Against a backdrop of beautiful art, the American Chamber of Commerce in Saudi Arabia held its first Women in Business diwaniya. Jamila El-Dajani, chairwoman of the AmCham WIB committee, began the night with a speech highlighting how far businesswomen living in Saudi Arabia had come, but where the Kingdom still needed to go.

  • 50 Most Powerful Business women

    These 50 business leaders are holding some of the most challenging and important positions in MENA, as well as playing fundamental roles in making the Middle East a globally competitive marketplace.

  • Forbes Middle East Reveals MENA’s Most Powerful Businesswomen

    The 2022 ranking features leaders from 19 different nationalities across 17 sectors. Emirati and Egyptian women dominate the ranking, with seven entries each, followed by Saudi, Moroccan, Kuwaiti, and Omani leaders, at four entries each. The top 10 leaders were an even split between list veterans and fresh faces. Amongst the top 10, Randa Muhammad Sadik, CEO of Arab Bank, made the most significant jump from 2021, rising from 14th to 7th position, as she assumed her role as chief in February 2022.

  • UAE, Saudi Business Conditions Lose Momentum as Covid-19 Weighs

    Part of the slowdown “was down to the omicron surge as rising cases led to increased uncertainty among consumers and businesses, as well as tapering the rebound in tourism,” said David Owen, economist at IHS Markit. “Firms face additional challenges from stronger inflationary pressures, global supply chain problems and a possible dip in activity once the Expo ends,” he said, referring to the delayed world fair hosted by Dubai, which is part of the UAE.

  • Saudi’s STC plans spin off of data center and cable business

    Saudi Telecom Company (STC) has announced that it will separate its data center business into a new wholly-owned subsidiary. STC said it intends to transfer its data centers, international submarine cables, and international points of presence assets to the new company valued at approximately SAR 2.1 billion ($559.7m).