Business Blog

Saudi Telecom Company's (STC) Saudization quota has reached 92% in all fields. "This is our best expansion tool," says STC General Manager for Communication Amjad Shaker.In fact, Saudi Arabia is one of the biggest IT consumer markets.

Saudi Arabia's aggressive economic transformation strategies will act as key drivers of travel industry trends in the region over the next 15 years, according to a report published by Amadeus, a major technology partner for the global travel industry.

Saudi Commission for Tourism and Antiquities (SCTA) President Prince Sultan bin Salman will lead the Kingdom's delegation to the first constituent meeting of the Gulf Cooperation Council (GCC) tourism ministers to be held in Kuwait.

The Shoura Council passed a bill regarding the general strategy for national tourism development at its 58th session in Riyadh.

A ministerial committee has canceled a land deal worth SR600 million because of alleged irregularities.

With the market in full revival mode, off-plan launches in Abu Dhabi seem to be taking place only at the top-end of the pricing spectrum. The best part is that such a laser-sharp focus on the part of developers is pulling in buyer interest in sufficient numbers.