The Latest Breaking News from Federation of Saudi Chambers

Saudi to Identify Challenges Facing Construction Permits for Commercial Buildings

Efforts are underway to identify the challenges related to obtaining construction permits for commercial buildings in Saudi Arabia. Proposed solutions are being developed and shared with the Ministry of Municipal, Rural Affairs, and Housing, in anticipation of presenting the final plan at the periodic meeting of the Executive Committee for…

Asharq Al-Awsat · Apr 1, 2023

Kenya’s Trade Minister: Nairobi to Witness Qualitative Cooperation with Saudi Arabia

Kenya’s Minister of Trade and Industry Moses Kuria said that Africa, and his country in particular, would not allow its resources to be exploited in the US-Chinese trade war. He noted that Kenya looked forward to strengthening economic ties with Saudi Arabia by reviving axes of cooperation. In an interview…

Asharq Al-Awsat · Jan 8, 2023

Kenya Proposes 23-Point Plan to Strengthen Economic Ties with Saudi Arabia

Kenyan Minister of Trade and Industry Moses Kiarie and an accompanying delegation of Kenyan institutions and companies have met with representatives of the Saudi business sector at the headquarters of the Federation of Saudi Chambers. During the meeting, the minister proposed a 23-point plan to strengthen and advance Kenya's economic…

Asharq Al-Awsat · Dec 21, 2022

Saudi-German Business Forum Discusses Industrial Cooperation

Saudi Arabia and Germany discussed industrial cooperation, especially in the automobiles, medical technology, and artificial intelligence sectors, at the Saudi-German Business Forum. Organized by the Federation of Saudi Chambers, the Forum was held in Riyadh with the participation of more than 40 Saudi and German companies, from various economic sectors,…

Asharq Al-Awsat · Nov 2, 2022

Saudi-Yemeni Business Council Formed to Complete Joint Projects

Saudi Arabia and Yemen are strengthening investment and economic cooperation by building partnerships between their private sectors to seize available opportunities. This affirms Riyadh’s commitment to development and economic projects in Yemen. The Federation of Saudi Chambers announced on Monday accrediting the final formation of the Saudi-Yemeni Business Council for…

Asharq Al-Awsat · Oct 18, 2022

Saudi Local Companies Produce around 11 Million Tons of Feed Annually

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Asharq Al-Awsat · Oct 13, 2022

Saudi Arabia, Qatar Review Strategy for Joint Business Council

Saudi Minister of Investment Khalid al-Falih held talks at the Federation of Saudi Chambers headquarters with the chairman and members of the Saudi-Qatari Business Council. This comes as Saudi Arabia and Qatar are preparing a joint strategy for business in the private sector in the two countries.

Asharq Al-Awsat · Oct 8, 2022

Local Content Purchases in Saudi Private Sector Estimated at $26 Billion

A gathering of the business sector and companies in Saudi Arabia estimated the volume of contracts targeting local content purchases in the private sector to exceed 100 billion riyals ($26 billion). The Federation of Saudi Chambers, represented by the National Committee for Local Content, in cooperation with the Local Content…

Asharq Al-Awsat · Oct 1, 2022

Saudi, Thai Officials Discuss Free Trade Agreement between GCC, Thailand

The Saudi Minister of Commerce, Majid al-Qasabi, discussed on Sunday in Riyadh with Deputy Prime Minister and Minister of Commerce of Thailand Jurin Laksanawisit the ways to strengthen fraternal ties between the two countries at the governmental and private levels. The two officials discussed the possibility of signing a free…

Asharq Al-Awsat · Aug 30, 2022

Federation of Saudi Chambers Launches Employee Leasing Initiative with 50 Financing Entities

The Federation of Saudi Chambers (FSC) launched an initiative to encourage banks and various financial institutions to provide finance products and installment services for employee leasing in the Saudi market. This comes in light of the high demand for manpower and the increase in the volume of investments and projects.

Asharq Al-Awsat · Aug 12, 2022