In overhauling their technological infrastructure and rolling out new tech-based services to their customers, Saudi Arabia’s banks have a strong platform to expand their operations. As participants in one of the most venerable financial sectors in the region, the country is served by a well-established technological framework that continues to...
In recent years Saudi Arabia’s banking sector has shown itself to be particularly adept at building retail loan books. Consumer lending in the Kingdom has followed a healthy upward trend since 2009, with research by local investment firm Aljazira Finance showing that the contribution of retail loans to aggregate sector lending rose from 22% in...
The guide contains listings of some of the leading hotels and resorts in Saudi Arabia, as well as contact information for key government offices and relevant services. It also features useful tips and information for visitors.
This chapter features an overview of the law for both local and foreign investors, as well as an outline of regulations on owning property for non-GCC nationals. It covers up-to-date laws on intellectual property and copyright, as well as environmental guidelines for construction projects and some new standards for disclosure of financial information. This chapter includes a viewpoint from...
This chapter contains an outline of the tax system including an introduction to overall system, an overview of corporate income tax, and an explanation of Zakat rules. In addition, there is an explanation of the regulations introduced by the New Income Tax Law. The chapter also contains an overview of the regulatory environment for potential investors. This chapter contains a viewpoint from...
Recognising the important role of tourism in achieving the wider goals of development in Saudi Arabia, including job creation and increased economic diversity, considerable efforts are being made to expand the industry. A new Umrah Plus visa allowing for longer stays after religious pilgrimages has been introduced and, in combination with a focus on expanding and rehabilitating heritage and...
Stay updated on how some of the world’s most promising markets are being affected by the Covid-19 pandemic, and what actions governments and private businesses are taking to mitigate challenges and ensure their long-term growth story continues.
Register now and also receive a complimentary 2-month licence to the OBG Research Terminal.
Register Here×