Stay in the know of the industry’s movements

This week from the Kingdom, with the focus on deals and business growth: Aramco closed a deal to take 49% of the national AI company HUMAIN, with PIF keeping 51%; the HR Ministry set a 31 January deadline for firms with 50+ staff to disclose their training data on Qiwa; US investment licences jumped to around 530 this year; Riyadh launched its first public-private land investment project; MEED data shows contract awards running at $76 billion with Riyadh in the

This week from the Kingdom: a Saudi employee will soon need to earn SR5,000 a month to count fully in Nitaqat, rising to SR6,000 a year later; 19 new hotel projects worth SR6.7 billion are set to create more than 17,000 jobs; new Enforcement Law rules start on 29 October; Arada launched a $3.8 billion Riyadh project; Aramco awarded $763 million of offshore work; construction costs rose 2.2%; and the FII10 conference moved to 2027. Here is what it means for employers and businesses in Saudi Arabia.

This week from the Kingdom: private-sector jobs reached 13.6 million, with Saudi nationals up 8.2%; a new Qiwa rule requires licensed shared housing for firms with 20+ workers in 527 professions; the Energy Minister set out plans for up to 10 million barrels a day of pipeline capacity; a Saudi-Chinese consortium won a $306 million Qiddiya stadium contract; the Cabinet merged its trade and export authorities; inflation held at 1.9%; Saudi startups raised about $1 billion in the third quarter; and official figures showed factory numbers up 19% and hotels up 32% in 2025. Here is what it means for employers and businesses in Saudi Arabia.