His Highness Sultan Haitham Bin Tariq, the Sultan of Oman, visited Saudi Arabia most recently following an invitation by His Highness King Salman Bin Abdul Aziz Al Saud, the Custodian of the Two Holy Mosques in the Kingdom of the…
Saudi Arabia is committed and dedicated to the economic transformation program and is witnessing a lot of progress. The plan outlines and summarizes measures to elevate the participation of the private sector in areas including education, healthcare, transportation, media, water…
The country’s ecosystem for start-ups and scale-ups benefits from the investments in research, development and innovation. It is expanding in line with the objectives to diversify Oman’s economy and to drive the participation of the private sector. The establishment of…
The Kingdom of Saudi Arabia has seen an increase in the business activity at the fastest pace since 2017 according to the most recent figures for the first half of the year. The Purchasing Managers Index (PMI) survey compiled by…
The Sultanate of Oman is planning to introduce a number of labour reforms as well as a package with additional economic measures in line with the Oman Vision 2040. The plans will result in important changes to the labour law…
Saudi Arabia’s sponsorship reforms have led to more job mobility and less labour disputes. The Ministry of Human Resources & Social Development introduced the new laws at the end of 2020 and they came into effect in March 2021. The…
The Sultanate of Oman is diversifying its economy away from hydrocarbons to ensure more sustainable economic growth. The International Monetary Fund (IMF) believes that GDP of the GCC countries will rebound by 2.1 percent in 2021 (supported by non-oil growth).…