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AI + Innovation (MENA) 
Infrastructure 
Newly-issued commercial registrations for businesses rose 67% in 4Q 2024
The logistical services sector led the pack in terms of the highest y-o-y growth
Budget is up for discussion at cabinet today
PLUS: Most Saudi companies don’t have the capacity to implement AI strategies
SWPC selects local consortium to develop the Ras Mohaisen independent water plant
Spanish infrastructure developer Acciona was named as the reserve bidder
Newly-issued commercial registrations for businesses rise 62% in 3Q 2024
The gaming industry led the pack in terms of the highest growth in newly-issued commercial registrations.
US State Dep’t confirms lifting weapons sale ban
PLUS: Oil markets could see supply surplus next quarter
Debt instrument criteria + actual beneficiary rules up for public consultation
The actual beneficiary rules are part of the Companies Law
New fines for failure to submit financial statements
Fines range between SAR 4k to SAR 20k.
Saudi-Egypt Joint Committee agree to boost trade exchange
The Egyptian side said they were committed to resolving hurdles facing Saudi investors
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