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Northern Trust Corp. has become one of the first major global financial institutions to establish its regional headquarters in Riyadh, which strengthens the Saudi government’s efforts to have international companies manage their operations in the Middle East from the Kingdom. The American financial services company, which manages assets worth $1.3 trillion, obtained a license from the Saudi Ministry of Investment to establish its Middle Eastern base in Riyadh.

Aramco signed over 100 agreements and MoU’s, valued at around $7.2 billion to help advance a diverse, sustainable and globally competitive industrial ecosystem

Inside Arbitration Issue 16: The Undeniable Rise Of Arbitration In Saudi Arabia. Legal News and Analysis - Africa/Middle East - Dispute Resolution - International Arbitration -

The private sector has become a leader in investment in Saudi Arabia: minister

RIYADH: One of Saudi Arabia’s goals is to be among the top 15 nations globally in terms of gross domestic product, and the Kingdom is well on its way to achieving it, said Khalid Al-Falih, minister of investment and chairman of the Economic Cities and Special Zones Authority. “We went from the 20th before the launch of the Saudi Vision 2030 to the 17th (spot) by the end of