The Middle East

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FOUR SEASONS HOTEL RIYADH AT KINGDOM CENTRE Kingdom Centre, Olaya, Riyadh 11321 T: (+966) 11 211 5000 F: (+966) 11 211 5001 www.fourseasons.com/riyadh reservations.riy@fourseasons.com concierge.riy@fourseasons.com Rooms: 274 rooms, including 22 executive suites, 9 superior suites, 3 presidential suites, 2 royal suites and 1 kingdom suite....

 

Civil Service (011) 402 6900 Commerce & Investment (011) 401 2222 Communications & Information Technology (011) 452 2222 Culture & Information (011) 401 4440 Defence (011) 478 9000 Economy & Planning (011) 401 1444 Education (011) 404 6666 Energy, Industry & Mineral Resources (011) 478 7777 Environment, Water &...

 

MANNERS: Saudi Arabia is a socially conservative country, and interaction between unrelated men and women is prohibited. Businessmen should wait for a woman to offer her hand to shake in a meeting. In all other situations, keep a respectful distance. Handshakes between men are common. Saudis pride...

 

VAT is a tax on the consumption of goods and services borne by the final consumer. Based on the self-assessment mechanism, VAT is collected by businesses at each stage of the production and distribution chain, with a credit for VAT incurred on inputs.

 

The past year has seen an unprecedented wave of regulatory and legal reform within Saudi Arabia. While these reforms were expected following the unveiling of the National Transformation Programme and Vision 2030 by Crown Prince Mohammed bin Salman Al Saud in early 2016, it is the pace at which these changes are coming to fruition that is...

 

In 2017 the Kingdom witnessed a level of regulatory reform and change in the legal landscape unprecedented its recent history. The Saudi Stock Exchange (Tadawul) has been very active on a number of fronts. Furthermore, a number of ministries have also been considering new laws and regulations with many of these expected to come into force in...

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