The General Authority for Civil Aviation (GACA) has granted AirX Charter the licence to operate private charter flights within Saudi Arabia after the company met all regulatory standards and aviation safety requirements. With this GACA nod, AirX will be able to launch operations to all airports in the kingdom.
Ras Al Khaimah Economic Zone (Rakez) has recorded another year of strong performance in 2025, with 19,000 new companies joining its growing business community. This marks a 44% increase in new registrations when compared to the previous year.
Saudi Arabia’s Ministry of Investment has granted HSBC a Regional Headquarters (RHQ) licence for its Capital Markets and Advisory business, bolstering the bank’s presence in the kingdom as it expands its investment banking operations across the Middle East.
Saudi Arabia has announced that its Ministry of Industry and Mineral Resources had issued a total of 201 new mining licences in December last year. These included 159 for exploration, 20 for small-scale mining and 18 for the building materials quarries, said a report.
Saudi Arabia has announced the names of 24 companies that have won licences in the ninth exploration licensing round, the largest in its history to date. The winning entities were awarded 172 mining sites across three mineralised belts in Riyadh, Madinah and Qassim regions.
