Riyadh: Franchise registrations in Saudi Arabia have surged by an impressive 866% over the past three years, reaching 1,788 by the end of Q3 2024, compared to just 185 in 2021. The significant growth is attributed to the Franchise Law, enacted in October 2019, and its executive regulations introduced in
Riyadh: Saudi Arabia is in top position in both the Arab region and the Middle East and North Africa, and 20th globally, in the Quality Infrastructure for Sustainable Development Index (QI4SD) 2024, released biennially by the United Nations Industrial Development Organization (UNIDO). According to Saudi Press Agency, the Kingdom has
Qassim: Governor of Qassim Region Prince Dr. Faisal bin Mishaal bin Saud bin Abdulaziz has inaugurated the oud and sandal tree planting project in the region today. The event was attended by Director General of the Jizan Mountainous Areas Development and Reconstruction Authority, Eng. Dhafer Al-Fahad, along with several other
Riyadh: A Saudi delegation, led by Advisor at the General Secretariat of the Saudi Arabian Council of Ministers Fahd Al-Rasheed, actively participated in the 7th Urban 20 (U20) Global Summit in Rio de Janeiro. The summit, one of the world’s most influential urban development forums, highlighted Saudi Arabia’s continued leadership
Jeddah: Director-General of the Ministry of Foreign Affairs branch in the Makkah region Fareed Al-Shehri received here today Singaporean Consul General in Jeddah K. Chandra Kumar, during which they held cordial talks. According to Saudi Press Agency, the meeting took place in a spirit of cooperation, where both parties engaged
Riyadh: The “Territory Guide: The Rise of Private Debt Funds in Saudi Arabia” report, released today by Preqin in collaboration with Saudi Venture Capital Company (SVC), provides significant insights into the private debt fund market in Saudi Arabia. According to Saudi Press Agency, the report indicates that 97% of Middle