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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...

 

Saudi Arabia is ranked 10th out of the G20 countries for ease of paying taxes, a notable achievement for a country with a GDP of over $650bn. With due care and commitment to compliance, businesses can enjoy the advantages of the Kingdom’s tax system.

 

Nestled between two seas and two continents, Saudi Arabia stretches over 2.1m sq km, an area as large as Western Europe. Its diverse landscapes offer a wide variety of scenery; while its rich history, culture and significance in the Muslim religion attract visitors from around the world, making it one of the most visited countries in the world...

 

With the largest economy and population in the GCC, Saudi Arabia has long been a key destination for regional and international business leaders. The meetings, incentives, conferences and exhibitions (MICE) segment of the tourism industry has been a mainstay of many of the Kingdom’s hotels and hospitality services. Under the National...

 

Recent years have seen a profound restructuring of the Saudi health care sector, with major reform plans being rolled out that foresee not only future expansion, but a much more significant role for the private sector. These moves are being made are in response to a number of basic challenges, brought about by both economic and demographic...

 

The National Transformation Programme (NTP) outlined the goal of increasing direct employment in the tourism sector in Saudi Arabia, aiming to raise the number of jobs from 830,000 to 1.2m by 2020. This would mean the proportion of nationals working in the sector rising from 27.8% in 2016 to 29.6% in the next four years.

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