The global business travel sector has rebounded much faster than initially anticipated, surpassing its pre-pandemic spending level of $1.4 trillion in 2024. It is projected to further grow to almost $1.8 trillion by 2027. In 2022, global business travel spending surged by 47% to reach $1.03 trillion, with expectations of continued strong growth, estimated at
Expanding your business globally can be a rewarding endeavor, but it often comes with a complex web of legal and operational challenges. One of the fundamental steps in global expansion is establishing a legal entity in your target country. This is where business setup services step in, providing invaluable support and guidance to ensure your
Global mobility has become a significant trend that challenges and empowers leaders and managers across industries. As businesses expand their reach to international markets and embrace a diverse, global workforce, it is crucial for leaders to understand the dynamics, obstacles, and opportunities associated with global mobility. The Global Mobility Landscape Let’s start by examining some
In today’s competitive global business landscape, companies often find themselves grappling with a significant challenge: talent shortages. The demand for skilled workers frequently outpaces the available supply, leading to fierce competition for top talent in various industries. This shortage of skilled professionals can hinder a company’s growth and innovation. Fortunately, corporate immigration services offer a
As Saudi Arabia powers forward with major initiatives like the NEOM business region and the Vision 2030 strategy, the demand for skilled short-term workers is on the rise. To meet this demand efficiently, Saudi Arabia has recently introduced a fresh work visa named the “Temporary Work Visa,” designed to replace the previous “Work Visit Visa.”
The main visa in the UAE associated with property ownership is the Golden Visa. With a validity period of five years, it removes the need for biennial renewals. Additionally, holders of the Golden Visa can spend unlimited time outside the country, in contrast to the two-year visa, which requires returning within six months to maintain
Discover Lucrative Investment Opportunities in Saudi Arabia with the New Business Visit Visa Saudi Arabia has recently launched the “visitor investor” visa, a Business Visit Visa, in a joint effort by the Ministry of Investment and the Ministry of Foreign Affairs. This new visa is specifically designed to simplify and expedite the process for foreign
In February, Saudi Arabia’s non-oil economy recorded its highest business confidence level in eight years as output growth strengthened. The Riyad Bank Purchasing Managers’ Index showed that the country’s largest economy saw a rise in business inflows, which boosted the non-oil sector, leading to a significant increase in total new orders. The PMI reading of
The Riyadh Metro, the largest public transport network project in the world, will soon be opened to the public, according to the German News Agency (DPA). The announcement was made by Fahd Al-Rasheed, the CEO of the Royal Commission for Riyadh City, who stated that the King Abdulaziz Public Transport Project will open its first
Saudi Arabia is quickly becoming a go-to destination for skilled professionals and talented individuals from around the region. This shift can be attributed to a number of factors, including the country’s commitment to diversifying its economy, increasing investments in education and training, and a growing number of job opportunities in exciting fields like technology and
The governments of Saudi Arabia and the United States are proud to announce a new partnership aimed at enhancing cooperation between the two countries in the field of clean energy development. This partnership, known as the Partnership Framework for Clean Energy Development, is designed to help both countries achieve their ambitious goals of spreading clean
Al-Ula is a historic oasis village in northwest Saudi Arabia that is regarded as magnificent from one accomplishment to the next. According to a British magazine that focuses on travel and tourism, it was recognized as one of the seven wonders of the world. Located in a region with a history supported by audacious proof,
Cheap Labor: The cost of living, zero income tax, benefits and legal wages in Saudi Arabia may not be an issue that can help to significantly boost profits. Also, outsourcing non-core tasks to Saudi Arabia is cheaper than hiring new employees. Talented and Skilled Workforce Outsourcing is often done by companies, who intend to take
Suppose you are one of those people who want to visit Saudi Arabia for business purposes. Then you require a Business visit visa to conduct business in the Kingdom. Often, people confuse a business visit visa with a work visa or commercial visit visa. A business visa is officially meant to represent another company outside
Business Visa: Saudi Arabia’s market is booming with business. It is the 2nd most popular destination in the MENA region. However, you need a business visa to enter the Kingdom for business. A business visa allows travelers to participate in business meetings, business fairs, conferences, and other business activities. Business visa comes in single entry and
Human Resource Consultation Services in Saudi Arabia require extensive knowledge on multiple fronts such as Saudi Arabian laws with regards to employment. Visas, Compensation, Outsourcing, and Nitaqat planning etc. Northman & Sterling provides end-to-end HR services in Saudi Arabia. Our basic scope of HR services includes: Advice on work visas: A work visa is a visa designed to allow those that
Relocating to another country is a difficult process for a Corporation. Most countries welcome corporations to move to their countries in order to increase labor for the residents, Saudi Arabia is no exception. They have suffered for years with high unemployment for their citizens so they do welcome a company moving in that will employ
As global warming and climate change continue to accelerate, many countries are shifting to renewable and sustainable energy and Saudi Arabia is one of them but its commitment has wavered over time. In 2012, Saudi Arabia embarked on an ambitious multi-billion-dollar solar energy projects intended to make the sun-drenched state the global epitome of renewable