1. NEW OPPORTUNITIES: The Saudi Arabian New Companies Regulations (the New Regulations) came into effect on May 2, 2016. Existing companies have one year from this date to alter themselves to abide by the New Regulations, unless the Capital Market Authority (CMA) or the Ministry of Commerce and...
Following numerous global and regional socio-economic and political developments, the Kingdom of Saudi Arabia has been going through a policy and legislative overhaul. Indeed, the past few months have seen the issuance of new legislation and amendments to Saudi Arabian regulations, including, most notably, the Companies Regulations and...
Saudi Arabia takes third place in the global list of countries ranked by ease of paying taxes, a remarkable achievement for a G20 country with a GDP of over $650bn. With the necessary due care and commitment to compliance, businesses can enjoy the advantages of the Kingdom’s tax system.
What economic contribution do you expect tourism to play in the Kingdom’s future, and what employment opportunities do you envisage?
The rise of online booking platforms has had a major impact on the global travel and tourism industry as use of traditional travel agencies has given way to purchases made through online providers, or online travel agencies (OTAs). Although take-up of internet booking in the MENA region was initially slower than in other, more developed...
Given comparatively reduced health budgets, how are sector players allocating their resources in a more cost-efficient manner?
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