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Sabic is almost out of Europe
Plus: Camel Trading Regulations get ministry sign-off
CMA wants banks to guarantee IPOs and investors to fund their bids
The rules aim to close the gap between headline oversubscription and the demand that actually shows up after the bell
Saudi approves new SME strategy, but pundits say funding alone won’t scale small businesses
The new strategy includes 13 initiatives aimed at generating more than half a mn jobs
Cabinet extends correction deadline for undocumented real estate deals
The move aims to accelerate the shift toward electronic title deeds and improve property price accuracy
New rules for schools
Plus: Malaa joins the payments field
Mapping the real estate foreign ownership zones
Riyadh’s zones are mega-project heavy, Jeddah goes wide, and the holy cities keep it in the faith
New AML rules tighten grip on jewelry, money flows
The gold declaration threshold drops to SAR 40k from SAR 60k under an anti-money laundering overhaul
Qiwa’s new visa cap means Saudization starts at company formation
Qiwa’s new framework makes the visa quota a function of compliance, not company size
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