{"id":82821,"date":"2023-12-13T00:00:00","date_gmt":"2023-12-13T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/ksa\/2023\/12\/13\/a-smattering-of-stuff\/"},"modified":"2023-12-13T00:00:00","modified_gmt":"2023-12-13T00:00:00","slug":"a-smattering-of-stuff","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/ksa\/2023\/12\/13\/a-smattering-of-stuff\/","title":{"rendered":"A smattering of stuff\u2026"},"content":{"rendered":"

STARTUP WATCH-<\/p>\n

Personal-care-industry platform <\/strong>Naeem<\/a><\/strong> has <\/strong>closed<\/a><\/strong> a pre-seed round<\/strong> led by Lunment<\/a> and a group of angel investors. The company, founded in 2002 by Abdullah Al Mansour (CEO) and Saleh Al Butti (technical director, did not say how much money it has raised. <\/p>\n

What does Naeem do? <\/strong>The company offers a full digital platform for salons, barber shops, spas, and other personal services providers to manage bookings, their finances, and operations. <\/p>\n

\n

RELOCATION-<\/p>\n

N3XT Sports is coming to Riyadh:<\/strong>Barcelona-based sports consulting firm N3xt Sports will open an office in Riyadh next year under its expansion plans into the MENA region, it said in a statement<\/a>. The expansion will be led by the company\u2019s Chief Operating Officer, Hisham Shehabi, who will be based in Riyadh, it said. <\/p>\n

And CBRE is expanding: <\/strong>The real estate consultancy, which has been in Saudi for 15 years, opened its second office in the Kingdom yesterday at Riyadh\u2019s Al-Faisaliah Tower. <\/p>\n

REMEMBER- <\/strong>Companies face a 1 January 2024 deadline to move their regional HQ\u2019s to Saudi or run the risk of losing out on government contracts. At least 200 foreign companies have so far established HQs here, according to Investment Minister Khaled Al-Falih.<\/p>\n

\n

SAUDIZATION-<\/p>\n

Ins. sales jobs will go only to Saudi citizens effective 15 April 2024<\/strong>, the Ins. Authority ruled<\/a> yesterday. And there\u2019s no back door: The authority also ordered that execs who are not in sales function will not be allowed to take commissions related to sales activity<\/p>\n

\n

AVIATION- <\/p>\n

Riyadh Air is going live with Swiss Aviation Software\u2019s AMOS<\/strong>: The kingdom\u2019s newest carrier, Riyadh Air, said<\/a> it is deploying aviation maintenance and engineering software from Switzerland\u2019s Swiss Aviation Software<\/a> (Swiss-AS).<\/p>\n

Not the first:<\/strong> Budget airliner flynas went live<\/a> with Swiss-AS\u2019 AMOS product over the summer after a 14-month implementation period.<\/p>\n

\n

LEGISLATION-<\/p>\n

An easier way to obtain commercial licenses is in the works: <\/strong>The Municipal, Rural and Housing Ministry is currently finalizing procedures related to commercial licenses, Al Madina<\/a> reported yesterday. It said municipalities should issue licenses within 10 working days from the date of submission of applications through an online portal. Civil Defense and other relevant authorities should approve added activities to the commercial license when necessary, the amendments showed.<\/p>\n","protected":false},"excerpt":{"rendered":"

Only Saudis can sell insurance in the Kingdom come April 2024<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[2564],"tags":[54,93,686,684,10,683,682,353,685],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-82821","post","type-post","status-publish","format-standard","hentry","category-also-on-our-radar","tag-also-on-our-radar","tag-aviation","tag-business-licenses","tag-cbre","tag-enterpriseam-ksa","tag-n3xt","tag-naeem","tag-riyadh-air","tag-saudization","wpautop","entry"],"acf":{"mongo_id":"0661fdfc-7cb1-4783-932b-bc8ee8748418","is_powered_by":false,"story_type":"1","photo_url":"","photo_position":"above","homepage_title":"","full_issue_title":"A smattering of stuff\u2026","related_issue":[82804],"teaser":"Only Saudis can sell insurance in the Kingdom come April 2024","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/1\/.ac4b14c9-46a2-4368-ae75-5c6535ffbe3f.mp3"},"yoast_head":"\nA smattering of stuff\u2026 - 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