Saudi Arabia has adopted a long-term strategic policy of economic diversification, from an economy purely based on oil revenues to the development of a knowledge-based economy. The success of this policy will largely depend upon the ability and willingness of the country to educate, train and utilise the skills of all its citizens, including its women. Recognising this...
Since Saudi Arabia’s accession to the World Trade Organisation in December 2005, the government has made significant progress towards developing and maintaining policies that favour an open legal and business environment amenable to foreign capital investment. Many of the Kingdom’s economic sectors have been opened to foreign investment such...
Keeping abreast of tax developments is essential for any business hoping to optimise its financial position. In Saudi Arabia, Deloitte & Touche Bakr Abulkhair & Co. maintains a continuous dialogue with the Department of Zakat and Income Tax (DZIT) to ensure that we offer our clients the best advice possible. Additionally, through roundtables and road shows across...
Although traditionally seen as a region of high carbon emissions, the Middle East is gradually taking steps toward change, pushing for greater use of renewable energy. Saudi Arabia is among those governments in the region that are setting ambitious targets for renewable energy use – in early 2012 the Kingdom, along with Kuwait, and Oman,...
In February 2012, for a brief moment, the eyes of the contemporary art world turned to Saudi Arabia. Seven years since its foundation, and after blockbuster exhibitions in London, Venice, Berlin, Istanbul and Dubai, Edge of Arabia, a Saudi-focused contemporary arts initiative, hosted its first exhibition in Jeddah.
Useful information for visitors to Saudi Arabia
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×