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.
Given comparatively reduced health budgets, how are sector players allocating their resources in a more cost-efficient manner?
How is the introduction of the “After Umrah” programme likely to impact the contributions of tourism to the Kingdom’s economy?
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...
The sweeping reforms outlined in Vision 2030 are going to affect vast areas of the government and the economy. Tax policy will play a significant role in these reforms as part of the government’s efforts to diversify revenues away from oil and address broader social and economic objectives while maintaining a fertile business environment and...
The National Transformation Programme (NTP), a key component of Vision 2030, details support for a series of initiatives and programmes developed by the Saudi Commission for Tourism and National Heritage (SCTH) that aim to position the wider, non-religious tourism segment as a key generator of non-oil based growth. It hopes to achieve this by...
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×