The Council of Ministers has approved a framework allowing investors to develop planned land and construct housing units for beneficiaries of developmental housing programs in exchange for ownership of a percentage of the land. During its session held in Jeddah on Tuesday, chaired by Crown Prince and Prime Minister Mohammed bin Salman, the Cabinet also
Tekmon, the no-code, AI-assisted operations platform for Quality, HSE, and ESG management, today announced an expanded presence across the Gulf Cooperation Council (GCC). Building on deployments with regional enterprise leaders, Tekmon’s executive team will take part in three industrial safety and compliance summits this September. Why it matters: As industry and infrastructure developers across the region
Saudi Arabia continues to strengthen its position as a global investment hub under Vision 2030, climbing to 13th place among the world’s largest recipients of foreign direct investment (FDI) in 2025 after attracting SR136 billion in inbound FDI. The Kingdom has recorded a series of investment milestones under Vision 2030, including rising foreign investment inflows,