Direct and indirect taxation have been used to increase non-oil revenues and provide services for citizens. Whether it is corporate, individual income, sales, excise or value-added tax (VAT) or custom duties, the main objective is typically to increase revenue and, in some instances, change the behaviour of citizens. Excise taxes on tobacco...
The second half of 2019 saw some of the most exciting developments yet for Saudi Arabia’s tourism sector. In a softening of visa regulations, the government created a new visa category for tourists as it looks to grow the industry. Numerous opportunities and tourism experiences are on the horizon as the government opens the country’s vast and...
Transforming the delivery of public health services forms a key plank of Vision 2030. For decades facilities owned and operated by the Ministry of Health (MoH) have formed the backbone of the country’s health care system. While the private sector’s share has increased in recent years – with the share of beds in private facilities reaching 25%...
Saudi Arabia’s health care sector is currently undergoing major restructuring in response to rising demand and costs, driven by population growth and an increased incidence of non-communicable diseases (NCDs). At the same time, like the rest of the world, the Saudi health sector has had to contend with the threat posed by Covid-19 in the first...
Spurred on by the government’s efforts to increase the involvement of private players in the sector and a 2018 regulatory amendment allowing 100% foreign ownership of schools, universities and colleges, education is one of the largest recipients of foreign investment in Saudi Arabia. Opportunities continue to emerge in the general, vocational...
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