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.
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...
With the holy cities of Makkah and Medina attracting millions of pilgrims every year, the bulk of Saudi Arabia’s tourist industry remains concentrated in these two areas. The seasonal nature of many pilgrim visits has historically presented a challenge to the country’s tourism authorities, and as a result, recent years have witnessed various...
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...
One of the most significant challenges facing Saudi Arabia’s health care sector moving forward will be finding the necessary qualified health care professionals to meet the rising demands of the Kingdom’s quickly expanding population. A McKinsey report published in December 2015 estimates that Saudi Arabia’s population of nationals will reach...
With a rapidly growing population that is accustomed to receiving high-quality care, Saudi Arabia’s health sector offers some of the most promising opportunities in the region for private providers. The government has scaled back health spending in a bid to boost efficiency and widen the scope for private participation, and the Vision 2030...
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