INTERCONTINENTAL RIYADH King Saud Road, PO Box 3636, Riyadh 11481 T: (+966) 11 465 5000 www.intercontinental.com/riyadh reservations.icriyadh@ihg.com Rooms: 275 rooms, with 140 standard rooms, 39 junior suites, five large executive suites, two royal suites, 56 club rooms, 10 presidential suites, five club royal suites and 18 cabana...
ETIQUETTE: There are social expectations for interactions between unrelated men and women, which is polite to follow when visiting Saudi Arabia. Businessmen should wait for a woman to offer her hand to shake in a meeting. In other situations, keep a respectful distance. Handshakes between men are common. Saudis pride themselves on their...
Saudi Arabia’s Capital Market Authority (CMA) approved updated corporate governance regulations (CGRs) for joint-stock companies listed on the Saudi Stock Exchange (Tadawul) in February 2017, and amended them in May 2019. The new CGRs reflect efforts to enhance the competitiveness of the Saudi exchange to investors. The regulations set...
Saudi Arabia’s income tax rules are governed by the Income Tax Law (Tax Law), which came into force in 2004. The Tax Law is supplemented by implementing regulations (by-laws). Zakat is governed by the implementing regulations for zakat collection (zakat regulations). The Ministry of Finance issues ministerial resolutions concerning...
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%...
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