One of the most interesting trends in Saudi Arabia’s alternative investment sphere in 2018 was the broadening of the range of specialised investment vehicles in the market. Most of the sector-focused private equity and venture capital (VC) fund movements over recent years have targeted the technology sector, with managers searching for...
As Saudi Arabia’s second-largest city, Jeddah serves as an important commercial centre and is also the setting for a series of important developments that are under way, which will secure its place on the map as a regional economic centre. While Jeddah already boasts the biggest seaport on the Red Sea and is the gateway to the holy cities of...
In a September 2018 inauguration ceremony in Jeddah, King Salman Abdulaziz Al Saud opened to the public Saudi Arabia’s newest train line, the Haramain High-Speed Rail. The new route measures roughly 450 km in length and connects Makkah to Medina via Jeddah, King Abdulaziz International Airport (KAIA) and King Abdullah Economic City (KAEC). It...
Makkah and Medina are situated in western Saudi Arabia, near the coast of the Red Sea and roughly 350 km apart. The cities are home to Islam’s holiest sites, and are thus important to the religious lives of many of the world’s 1.2bn Muslims. Makkah is the birthplace of the Prophet Muhammad and the location of the Masjid Al Haram, also known as...
MANNERS: There are social expectations for interactions between unrelated men and women, which it is polite to follow when visiting Saudi Arabia. Businessmen should wait for a woman to offer her hand to shake in a meeting. In other situations, keep a respectful distance. Hand-shakes between men are common. Saudis pride themselves on...
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