In recent years Saudi Arabia has established itself as one of the strongest and most dynamic economies in the Middle East. Central to this has been the reformation of the tax and zakat (a payment ...

The conflict in Ukraine has caused disruption across the global economy, prompting an increase in the number and sophistication of cyberattacks. According to a poll of 800 chief audit executives ...

GCC countries have been actively pursuing workforce nationalisation policies to reduce their reliance on expatriate workers and create sustainable employment opportunities for their growing local ...

Saudi Arabia’s government aims to transform the Kingdom into a biotech centre by 2040, aligned with its long-term development blueprint, Vision 2030. The global biotech market has grown considerably ...

The GCC’s population more than doubled over the past 25 years, growing from 26.2m in 1995 to 56.4m in 2021, outpacing the global growth rate of 30%. Urbanisation has also accelerated across the region ...

Under the banner of its Vision 2030 programme – a far-reaching roadmap for economic diversification and modernisation – Saudi Arabia has set an ambitious target of 70% home ownership by 2030 and has ...

Businesses across Saudi Arabia face an evolving and increasingly complex tax environment as the Kingdom continues to diversify its economy under Vision 2030. With the introduction of value-added tax ...

Saudi Arabia identified the transformative power of artificial intelligence (AI) early on, recognising its potential to drive economic diversification, enhance efficiency across sectors and position ...

With Saudi Arabia making significant strides towards realising its Vision 2030 roadmap for economic diversification, the tourism industry has emerged as a key alternative engine of growth. While many ...

The education sector is undergoing a transformation to improve the workforce readiness of the Kingdom’s graduates. In order to reduce dependence on oil and gas revenues, the government is targeting an ...

Trade between the GCC and the Association of SouthEast Asian Nations (ASEAN) has grown considerably in recent years as economies in both regions seek to capitalise on mutually beneficial opportunities ...

Open banking represents a transformative shift in the financial services industry, allowing third-party providers to access consumer financial data securely through application programming interfaces ...