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  • Saudi Arabia at 94: How the kingdom rewrote the rules of innovation

    This policy has helped turn the kingdom into a major tourist hub in the region, harnessed new markets overseas especially in Africa for Saudi exports, attracted efficiency-seeking investors from all over the world, adopted low-carbon technologies and strategies in its oil industry, as well as it is developing a large manufacturing base under the slogan of ‘Made in Saudi.’

  • India’s EV maker Wardwizard Innovations to form joint venture in Saudi Arabia

    Indian electric vehicle maker Wardwizard Innovations and Mobility (WARW.BO), opens new tab announced on Friday it received a letter of intent to form a joint venture in Saudi Arabia, aiming to establish an assembly plant and an EV cell plant in the kingdom. The assembly plant will initially focus on producing electric two-wheelers, three-wheelers and four-wheelers, with plans to expand in the future to include electric bus production.

  • Saudi Arabia: Proposed amendments to various provisions of VAT Implementing Regulations

    The proposed amendments/ additions to the VAT Implementing Regulations aim to enhance compliance with the KSA VAT landscape and to provide further clarity for the taxpayers.

  • Saudi Arabia’s literary renaissance captivates local and international audiences

    “Saudi literature has witnessed significant acceleration over the past decade, particularly during the period when culture and its literary derivatives became one of the key objectives of Vision 2030,” said Ibraheem Al-Sinan, head of editorial at Raff Publishing. He added: “This newfound openness to knowledge and literature, spurred by various initiatives, competitions and activities, has enabled young people to make significant leaps in literary production. What once took decades to learn, the youth now accomplish in just a few years.”

  • Qiddiya’s Performing Arts Centre: Where innovation meets culture in Saudi Arabia

    The Qiddiya Investment Company (QIC) is set to redefine the cultural and entertainment landscape of Saudi Arabia with the launch of the Qiddiya Performing Arts Centre. As the first cultural asset of the newly announced Qiddiya City, this state-of-the-art venue is designed to become a symbol of creativity and a cornerstone of the Kingdom’s cultural evolution. In an exclusive interview with Saudi Gazette, Majed Aldusaimani, Director of Public Relations and Media Liaison at QIC, shared insights into the vision, technological advancements, and future aspirations for the Performing Arts Centre.

  • Saudi Arabia: Criteria for Fourteenth Wave of VAT E-Invoicing Integration

    The Saudi General Authority of Zakat and Tax has unveiled the selection criteria for the fourteenth wave of its VAT e-invoicing system integration into the Fatoora platform. According to the announcement, this new wave will commence on February 1, 2025. It will target taxpayers whose VAT-taxable revenue exceeded 5 million Saudi riyals (approximately USD 1.3 million) in either 2022 or 2023.

  • Saudi Arabia celebrates birth of cheetah cubs with new conservation strategy

    Saudi Arabia’s National Centre for Wildlife (NCW) has reported a significant development in its Cheetah Conservation Programme with the birth of four cheetah cubs, Saudi Press Agency (SPA) reported. This event coincides with the launch of the National Cheetah Conservation Strategy, a key initiative led by the Minister of Environment, Water and Agriculture, Abdulrahman AlFadley.

  • Saudi Arabia announces privatization of 14 sports teams

    The Ministry of Sport announced on Wednesday that 14 teams from various divisions will be privatized as part of the second phase of the second track in the Sports Clubs Investment and Privatization Project. In this phase, sports clubs at various levels will be made available for privatization to both domestic and foreign investors. The first batch of clubs includes six clubs (Al-Zulfi, Al-Nahda, Al-Okhdood, Al-Ansar, Al-Orouba, and Al-Kholood). Investors can visit the NCP website to apply and get the required information if they want to invest in the clubs included in the first batch starting from August 2024. Al-Shoulla, Hajar, Al-Najma, Al-Riyadh, Al-Rawda, Jeddah, Al-Taraji, and Al-Sahel are the next eight clubs whose offerings will be completed sequentially later.

  • Hajj pilgrims innovate for comfort amid Saudi Arabia’s efforts to beat the heat

    Alongside the Kingdom’s measures — which include extensive cooling systems — pilgrims are using rechargeable and battery-powered neck and handheld fans in their determination to offset the challenging conditions brought by the summer.

  • Saudi Arabia’s private sector workforce surges to 11.3 million

    The number of employees in the Saudi private sector soared to 11.37 million last month, indicating significant job growth, according to an official labour agency.
    The Saudi National Labour Observatory (NLO) reported in a monthly publication that the workforce comprises 9 million expatriates and 2.3 million Saudis, including 971,323 female citizens.