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Saturday, 13 February, 2021 - 10:15 View shows the King Abdullah Financial District, north of Riyadh, Saudi Arabia, May 12, 2016. (Reuters) Riyadh - Fatehelrahman Yousif The Saudi Ministry of Justice has introduced a new electronic system in the notarization sector that simplifies the real estate electronic conveyance service and make it available through additional banks. Specialists believe that the new mechanisms contribute to preserving the rights of shareholders and regaining their rights in the most appropriate legal way, which helps increase confidence in the real estate sector. This comes within a package of development initiatives and reforms to raise the efficiency of notarization and real estate security and contribute to facilitating real estate conveyance operations. ....
Sunday, 31 January, 2021 - 11:30 The Saudi Ministry of Human Resources and Social Development is committed to implementing radical reforms in the labor market in both the public and private sectors (Asharq Al-Awsat). Riyadh - Fatehelrahman Yousif The Saudi Ministry of Human Resources and Social Development underlined its commitment to implement radical reforms in the labor market in both the public and private sectors. Those reforms, according to the ministry, include a set of initiatives that would increase economic participation, raise skills and productivity and improve market efficiency, in line with the goals of the Kingdom’s Vision 2030. In comments to Asharq Al-Awsat, the ministry said that the reforms aim to support the development of existing systems and regulations, thus contributing to reforming the labor market and providing the appropriate legislative environment for the private secto ....
Friday, 22 January, 2021 - 11:00 A vehicle drives past the King Abdullah Financial District in Riyadh, Saudi Arabia, October 18, 2017. (Reuters) Riyadh - Fatehelrahman Yousif A group of Saudi and international companies intends to establish an investment fund for industrial intelligence as part of its endeavor to keep pace with the mega Saudi projects that fall within Vision 2030. The Saudi Excellence Company, specialized in the field of technology, cybersecurity and industrial intelligence, is planning in cooperation with a group of international companies to create the first investment fund in this field. In remarks to Asharq Al-Awsat, Abdullah Al-Meleihi, president of the Saudi Excellence Company, said the entity was working to create “a conglomerate of a group of companies to establish an investment fund for industrial intelligence in the Kingdom, to support the vision led by Crown Prince Mo ....