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Saudi Arabia and India: A New Dawn in Investment Landscape
In a landmark move, Saudi Arabia and India have signed 47 Memorandums of Understanding (MoUs) to bolster the investment climate between the two countries, including agreements between the private and public sectors. This significant development was announced at the India-Saudi Investment Forum held in New Delhi on the 11th of September, presenting a golden opportunity for Indian companies eyeing expansion in the Saudi market. Badr Al-Badr, the Deputy Minister of Investor Outreach at the Saudi Ministry of Investment, stated, “Saudi […]

Tech Winter: Tech layoffs, the great resignation, and other tells for changing course
What was supposed to be a big year for tech has morphed into a downward spiral, and the question remains: could there be a silver lining? “Everyone should be laying people off,” explained venture capitalist and previous managing partner at SoftBank Latin America, Shu Nyatta, to online research publisher ‘Rest of World’. SoftBank, the investment giant known for raking the biggest stakes in the highest-valued investments of 2021, announced a loss of almost $20Bn to its Vision Fund earlier this year. The […]

Saudi Market Entry: On localizing global teams in the Kingdom
The Saudi Vision 2030 presents an untapped opportunity for companies to not only serve a population of over 35 million people but also be part of building the future of Saudi Arabia. Surely, this translates to hyper-growth opportunities across virtually every industry. The level of transformation and investment presented under the Saudi Vision 2030 has opened Saudi’s economy for global expansion interest, with the number of companies expanding or showing interest in scaling to the Kingdom has been increasing at […]