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Reforms in 2026 will reshape Saudi Arabia's insurance sector
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In recent years, Saudi Arabia’s insurance sector has shown strong premium, revenue, asset and equity growth. With a new insurance law on the way as of January 2026, the sector continues to both widen and deepen, while hosting two of the Middle East’s largest insurers: Bupa Arabia and Tawuniya. At the same time, Saudi Arabia is home to the world’s largest sharia-compliant insurance, or takaful…

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Strengthened governance positions GCC's non-profit sectors as significant economic contributors
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Philanthropy has been a long-standing tradition in Saudi culture, and a wide range of non-profit organisations have emerged across the Kingdom. Traditionally, the approach to giving was informal and fragmented, both in terms of voluntary time and monetary donations. However, since the government included the non-profit sector in its Vision 2030 national development strategy, the sector has become gradually…

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Utilities sector in Saudi Arabia transforms with privatisation
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The Saudi energy industry is entering a period of change. Multiple gigawatts of renewable electricity are coming online each year, helping to displace oil in domestic power generation and lower the carbon intensity of the energy mix, while carbon capture, utilisation and storage (CCUS) supports emissions mitigation across the power and utilities sector as part of the Kingdom’s multi-pathway approach.…

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High-performance infrastructure unlocks investor potential in Saudi Arabia
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Saudi Arabia’s ICT and artificial intelligence (AI) sectors have emerged as central pillars of the Kingdom’s economic transformation agenda, reflecting the growing strategic importance of digital infrastructure, advanced technologies and data-driven growth under Vision 2030. Public investment and regulatory reform as well as e-government initiatives over the last decade have laid the foundations…

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Saudi Arabia's industrial ecosystem shifts towards consolidation in strategic subsectors
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By the end of 2024 Saudi Arabia’s industrial trajectory had firmly transitioned into the second phase of the National Industrial Development and Logistics Programme (NIDLP), with non-oil activities contributing 55% to the Kingdom’s real GDP. As the industrial ecosystem solidifies its role as a primary engine for job creation, the mining sector has emerged as a critical third pillar in the country’s…

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Selection of hotels in Saudi Arabia
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FAIRMONT RAMLA SERVICED RESIDENCES 7713 King Fahad Road Al Sahafah District Riyadh 13321 T: (+966) 11 224 4500 info.ramla@fairmont.com www.fairmont.com/ramla-riyadh Rooms: 249 furnished apartments, suites and a two-floor penthouse. Business & Conference Facilities: Five fully equipped meeting rooms and cinema room accommodating up to 10 guests. Health & Leisure Facilities:…

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Information and tips for travellers to Saudi Arabia
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Etiquette There are social expectations for how interactions between unrelated men and women should be conducted. Businessmen should wait for a woman to offer her hand to shake in a meeting. In other situations, keep a respectful distance. Handshakes between men are common. Saudis pride themselves on their hospitality, and it is impolite to begin business without engaging in small talk first. In formal…

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Qatar blends heritage, innovation and diplomacy in its national transformation
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In the decades preceding 2025 Qatar’s leadership has focused on bolstering the country’s emergence as a robust economic force, both regionally and globally. Qatar derives much of its wealth from its vast natural gas reserves – the third-largest proven deposits in the world. The country records one of the highest GDP per capita figures globally, standing at an estimated $71,650, or $121,610 when…

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Qatar diversifies its economy beyond hydrocarbons for sustainable growth
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Qatar’s economy has undergone significant transformation since 2010, when it was awarded hosting rights for the 2022 FIFA World Cup. A major infrastructure build saw the construction of arenas, hospitality, retail, transport and leisure facilities. The government strategically leveraged the international exposure to attract higher inflows of foreign direct investment (FDI), aligning with its broader…

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Qatar boosts investment appeal with special economic zones and favourable taxes
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Qatar’s strategically advantageous proximity to major international marketplaces and its vast natural gas reserves position it as an integral component in global supply chains. In light of dwindling investment inflows in recent years, the government is working to streamline business regulation, while the country’s already extensive list of bilateral and multilateral trade agreements are undergoing…