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The new rules stipulate that a natural person must hold 25 percent or more ownership, whether direct or indirect, to be considered the beneficial owner.
Saudi Arabia tightens beneficial ownership rules
December 09, 2025

Saudi Arabia tightens beneficial ownership rules

Crown Prince and Prime Minister Mohammed bin Salman receives Syrian President Ahmed al-Sharaa in Riyadh in February 2025 (File photo).
Crown Prince discusses bilateral ties with presidents of Syria and Indonesia in phone calls
December 09, 2025

Crown Prince discusses bilateral ties with presidents of Syria and Indonesia in phone calls

Rain in AlUla governorate. (SPA)
Saudi Arabia sees seasonal rainfall peak shift from November to December, NCM says
December 09, 2025

Saudi Arabia sees seasonal rainfall peak shift from November to December, NCM says

Saudi Deputy Minister of Foreign Affairs Eng. Walid Al-Kheraiji and Chinese Vice Minister of Foreign Affairs Miao Deyu attend the third meeting of the Saudi-Chinese-Iranian Trilateral Committee, chaired by Iran’s Deputy Minister of Foreign Affairs for Political Affairs Dr. Majid Takht-Ravanchi, in Tehran on Tuesday.
Trilateral Committee meeting in Tehran welcomes steady progress in Saudi-Iranian relations
December 09, 2025

Trilateral Committee meeting in Tehran welcomes steady progress in Saudi-Iranian relations

Minister of Investment Khalid Al-Falih attending a panel discussion at the Development Finance Conference in Riyadh on Tuesday.
Al-Falih: Private sector to contribute 40% of $500 billion infrastructure investments in coming years
December 09, 2025

Al-Falih: Private sector to contribute 40% of $500 billion infrastructure investments in coming years

Crown Prince and Prime Minister Mohammed bin Salman during the ceremony of opening new facilities at King Salman Air Base on Tuesday.
Crown Prince inaugurates new facilities at King Salman Air Base
December 09, 2025

Crown Prince inaugurates new facilities at King Salman Air Base

Riyadh Emir Prince Faisal bin Bandar during the opening ceremony of the Development Finance Conference in Riyadh on Tuesday.
Al-Tuwaijri: NDF contributes SR47 billion to the non-oil GDP
December 09, 2025

Al-Tuwaijri: NDF contributes SR47 billion to the non-oil GDP

Jeddah sees scattered rainfall as residents flock to parks amid cloudy skies
December 09, 2025

Jeddah sees scattered rainfall as residents flock to parks amid cloudy skies

Syrian President Ahmed Al-Sharaa attending the ceremony of placing a piece of the Holy Kaaba Kiswa at the Umayyad Mosque in Damascus on Monday.
Al-Sharaa places a piece of Kaaba's Kiswa, presented by Saudi Crown Prince, at Umayyad Mosque
December 08, 2025

Al-Sharaa places a piece of Kaaba's Kiswa, presented by Saudi Crown Prince, at Umayyad Mosque

The Jeddah Education Department announced on Monday that in-person classes will be suspended in all schools in the governorates of Jeddah, Rabigh, and Khulais on Tuesday amid forecast of heavy rain and issuance of a red alert.
In-person classes suspended in Jeddah and Rabigh schools on Tuesday amid issuance of a red alert
December 08, 2025

In-person classes suspended in Jeddah and Rabigh schools on Tuesday amid issuance of a red alert

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