Government | Saturday 26 April, 2025 8:15 am

Vision 2030 KPIs in 2024

As Vision 2030 approaches the end of its second phase (2021-2025), the Kingdom continues to advance its national transformation agenda with discipline and determination. Progress in 2024 reaffirmed the strength of Vision 2030, translating long-term ambitions into tangible results across priority...

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Government | Saturday 26 April, 2025 8:06 am

King Salman hails Saudi Arabia's achievements in less than a decade

King Salman expressed his pride in the accomplishments made by the Kingdom under Saudi Vision 2030.   In the 2024 annual report for Vision 2030, King Salman said, “We praise God for the remarkable progress our nation has achieved in less than a decade – progress that has...

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Government | Saturday 26 April, 2025 8:03 am

Crown Prince proud of accomplishments after 9 years into vision 2030

Crown Prince Mohammed bin Salman, who is also Prime Minister and Chairman of the Council of Economic and Development Affairs, expressed his pride in the accomplishments made by Saudis during the ninth year of Vision 2030.   In the 2024 annual report for Vision 2030, the Crown Prince...

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Government | Saturday 26 April, 2025 6:09 am

PIF's AUM rise to SAR 3.53T in 2024

The Public Investment Fund (PIF) had assets under management (AUMs) worth approximately SAR 3.53 trillion in 2024, compared to nearly SAR 2.87 trillion a year earlier. The fund has embarked on an ambitious transformational journey, significantly strengthening its impact at both the local and...

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Government | Thursday 3 April, 2025 1:40 am

REGA mulls rent cap, says CEO

Real Estate General Authority (REGA) studies a cap on increased rents, given that this is one of the international practices to control higher rentals, CEO Abdullah Alhammad told Al-Arabiya TV.   A recent directive was issued by Crown Prince Mohammed bin Salman to rebalance the real...

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Government | Thursday 3 April, 2025 1:35 am

New real estate measures to support household spending, private sector: Minister

Minister of Economy and Planning, Faisal Al-Ibrahim, said Crown Prince Mohammed bin Salman’s new directives aim to provide quick and effective solutions to address challenges in the real estate sector, enhancing citizens’ quality of life and supporting private sector...

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Government | Thursday 3 April, 2025 1:19 am

LCGPA adds 116 products to mandatory list of national products

The Local Content and Government Procurement Authority (LCGPA) added 116 products to the mandatory list of national products across four main sectors, pharmaceuticals, medical supplies, paper consumer products, as well as personal and household equipment and supplies.   Abdulrahman...

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Government | Thursday 3 April, 2025 1:17 am

New commercial register, trade names laws effective as of April 3

The Ministry of Commerce announced that the new commercial register and trade names laws will come into effect on Thursday, April 3.   The move is part of the government's efforts to develop the commercial environment and simplify procedures in the Kingdom.   The...

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Government | Thursday 3 April, 2025 1:00 am

Regulations of Trade Names, Commercial Register Laws approved

The Ministry of Commerce approved the regulations of the Trade Names Law and the Commercial Register Law, according to Umm Al-Qura Official Gazette.   The ministry aims to regulate the procedures for registration in the commercial register and facilitate business...

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Government | Monday 31 March, 2025 5:21 am

RCRC set to launch platform for residential land applications

Ibrahim Al-Sultan, CEO of the Royal Commission for Riyadh City (RCRC), said the authority will start immediately to implement Crown Prince Mohammed bin Salman’s directives to provide developed and planned residential lands for citizens in Riyadh.   Al-Sultan confirmed that work is...

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