Economy · 09. July 2024
We look at the astonishing developments which are transforming Saudi Arabia as they announce a trillion-dollar pipeline of infrastructure projects, including giga-project tourism destinations, upgrading transport networks and becoming an international logistics hub, in support of its national transformation plan, Vision 2030.
Economy · 24. June 2024
Saudi Arabia perhaps the most exciting market in the world right now. Its own ambitions, the opportunities for foreign investors, and the country’s growing role on the global stage have all been turning heads. There is a real buzz in and around the country. So what is all the noise about and what structural and business changes have actually been taking place?
Members News · 12. July 2023
Diligencia has announced beginning of July a new partnership with Red Sea Global, the visionary developer owned by Saudi Arabia’s Public Investment Fund (PIF), that will enable Red Sea Global to forge new business relationships whilst meeting the highest standards of regulatory compliance.
Economy · 20. August 2021
Despite a stated wish to see more participation from international companies and a tendency to favour the younger generation, Crown Prince MbS has entrusted the majority of giga-project contracts to Saudi companies that are decades old, mainly in private hands and often held by generations of the same family.
Economy · 18. August 2021
The Covid-19 pandemic has put huge pressure on government finances in Saudi Arabia, but the Kingdom has nonetheless pressed on with Crown Prince Mohammed Bin Salman’s favoured giga-projects.
Research by Gulf States Newsletter, supported by data provided by Diligencia, shows the bulk of contracts have gone to some of the Kingdom’s most long-established companies.
Economy · 06. March 2021
The Biden administration’s Iran policy and whether the US will return to the Joint Comprehensive Plan of Action (JCPOA) is being seen as a key part of its foreign policy agenda for the Middle East region…
Members News · 18. January 2021
In the Middle East region, the first full week of 2021 has delivered a long-awaited reconciliation between Qatar and Saudi Arabia1, which culminated in the lifting of a regional travel and trade embargo as well as a visit by emir Sheikh Tamim to Riyadh last week.