China has officially granted Approved Destination Status (ADS) by Saudi Arabia, effective July 1, 2024. This announcement follows Saudi Arabia’s participation in the second China roadshow and ITB China in Shanghai. This strategic move highlights Saudi Arabia’s commitment to becoming a key economic partner with China, opening up new opportunities in the tourism sector and
A New Era for Saudi Workforce Minister for Transport and Logistics Services Saleh Al-Jasser emphasized, “Saudi Arabia is presenting aviation investment opportunities that are unmatched globally. Our Saudi Aviation Strategy aims to triple passenger numbers, connect to over 250 destinations, and handle 330 million passengers and 4.5 million tonnes of cargo by 2030.” Minister for
This month, the world’s largest aviation investors will converge in Riyadh for the Future Aviation Forum (FAF24), where Saudi Arabia will reveal over $100 billion in investment opportunities as part of its ambitious Saudi Aviation Strategy. Key Highlights: 1. Massive Investment Showcase: Airports: Over $50 billion earmarked for new and existing airport projects. Aircraft Orders:
GCC tourism authorities emphasized the need for a strategic alignment of major events across the region, as they prepare to introduce a unified visa system. Khalid Al Midfa, chairman of the Sharjah Commerce and Tourism Development Authority, highlighted the primary goal of increasing tourists’ stay duration during a discussion at the Arabian Travel Market in
The European Union is gearing up to open the Gulf region’s very first Chamber of Commerce in Riyadh next week, according to the EU’s special representative for the Gulf region speaking to Arab News. Luigi Di Maio shared his excitement for this new venture, highlighting its goal of bringing Saudi and European businesses closer together
Riyadh Gets Ready for Global Investment Summit Saudi Arabia is all set to host the 28th World Association of Investment Promotion Agencies (WAIPA) World Investment Conference from November 25 to 27 in Riyadh. Tackling New Challenges in Investment with Digital Innovations This year’s conference, themed “Future-ready IPAs: Navigating Digital Disruption and Sustainable Growth,” will bring
British technology companies have a significant opportunity to contribute to Saudi Arabia’s mega projects, which prioritize innovation, sustainability, and high-tech infrastructure. British firms are well-positioned to play a vital role in several key areas: Overview of EU-GCC High-Level Forum With the development of Neom as a smart, sustainable city, there is potential for British expertise
The European Union has introduced a significant relaxation of visa rules for citizens of Saudi Arabia, Oman, and Bahrain, allowing for easier access to the Schengen Area. As part of the new visa regulations, nationals from these three Gulf countries will now be eligible for multi-entry visas, valid for up to five years. Overview of
Overview of Service Reinstatement ACRO has officially reinstated its premium service for Police Certificate Checks (PCC). This option had been temporarily suspended but is now available once again and fully operational. Service Processing Time The premium service significantly reduces the processing time for obtaining your PCC. With this service, your PCC will be processed within
New Rules for Foreign Nationals The Saudi Ministry of Human Resources and Social Development (MHRSD) has updated how some foreign nationals are classified in the Nitaqat program, which helps determine national employment rates. Foreign Investors Now Counted as Saudis Foreign investors who own private companies are now counted as Saudi nationals, rather than foreign nationals,
As countries tighten rules on Golden Visa programs, the UAE is making it easier to invest in real estate and get long-term residency. They’ve removed the need for a large initial payment that was required before for real estate investors aiming for the Golden Visa. What’s New with the UAE Golden Visa? Introduced in 2019,
On March 25, Saudi Arabia took a significant step by moving into the second phase of a plan to increase jobs for its citizens in the consulting sector. This phase includes jobs in financial, engineering, health, and management consulting, covering 40% of such roles. This effort is part of the country’s larger goal to provide
Overview Qatar has introduced a new program offering a five-year residence permit to skilled professionals and entrepreneurs. This move aims to encourage talented individuals to live and work in Qatar, contributing to the country’s development. The program will start taking applications soon. The Initiative This initiative allows skilled individuals and entrepreneurs to become part of
Equal Status for Foreign Investors Saudi Arabia’s Ministry of Human Resources and Social Development has announced an update to the Nitaqat Saudization program. Foreign investors owning private businesses will now be treated as Saudi nationals in workforce calculations, aiming to foster a more inclusive business environment. Expanded Inclusivity Key Groups: Children of Saudi women with
Saudi Arabia is on the brink of an exciting transformation, warmly inviting businesses to explore the vast opportunities within its expanding economy. The KSA’s strategic position in the global market, coupled with its Vision 2030 initiative aimed at diversifying its oil-dependent economy, presents unique opportunities for businesses looking to incorporate in the region. Understanding the
On January 27, 2024, France introduced a major new immigration law that’s already in effect. This law marks a significant shift in how France manages immigration, focusing on integrating foreign nationals and addressing irregular migration with practical measures. What’s New in the Law? Here’s a concise overview of the major changes introduced: Opportunities for Healthcare
We understand the complexities of establishing a Regional Headquarters (RHQ) in Saudi Arabia. At Northman & Sterling, we will guide you through each step of the process, ensuring a smooth and successful RHQ set up. Here’s how we navigate your RHQ establishment in KSA: 1. Eligibility & Pre-Qualification: Assessing Your Company’s Fit: We will analyze
A Digital Nomad Visa (DNV) enables individuals to legally work remotely while residing in a foreign country. It provides authorization for remote work during the stay, typically for longer durations than tourist visas. These visas are designed specifically for remote workers and freelancers who use telecommunications technologies to earn a living and conduct their lives
Both Gulf nations have cemented their status as regional hubs for business and innovation, but can the new Saudi visas live up to the potential and flexibility of the UAE’s 10-year Golden Visa? The UAE and, more recently, Saudi Arabia have opened up medium- to long-term visa opportunities for high net-worth individuals, investors, and talented
With the arrival of the new year, it’s important to reflect on key trends from the past year and project future trends. Business visitor compliance became a big topic in immigration and travel in 2023, and it will likely be just as important in 2024. The Importance of Business Visitor Monitoring and Compliance Why should