Mr. Ahmed Al Swailem, Secretary General of the Chamber of Commerce, Riyadh has announced the second phase of the electronic transformation of the Chamber's services through the online portal called "My Business Portal", to align with the initiatives adopted by the state. The Chamber has also started business documents attestation services for business sector.
For foreign investors looking to enter the Saudi Arabia market, there are many misconceptions associated with starting a business in Saudi Arabia.
Expanding into a new market poses new challenges for businesses, such as differences in culture, legalities and ways of doing business.
The Saudi Arabian General Investment Authority (SAGIA) has introduced an extension on the renewed licenses to five years. This service is available to all entities that are licensed by SAGIA and want to extend their license to a five-year period.
Over the past few decades, Saudi Arabia has relied on expatriates to fill the workforce, however, with currently over half the Saudi population below the age of 35, there’s been an influx of graduates seeking work. Saudization is a solution the government initiated to increase recruitment of Saudi nationals, and Nitaqat is the newest program of this.
These are common words used when talking about business in Saudi Arabia. Below is a Saudi glossary to help you gain familiarity with the language.
For foreign investors doing business in Saudi Arabia, there are many differences that you need to be aware of to operate in Saudi effectively.
Our CEO Zaid Al Mashari gives his opinion on how to enter the Saudi market, the opportunities available and gives his tips on sourcing a Saudi partner.
If you have or are looking to set up an entity in Saudi Arabia, then a Government Relations Officer (GRO) is essential to your day to day business. For many businesses new to Saudi Arabia, the concept of a Saudi Arabia GRO service is something that they have not encountered before.
It is essential for Westerners doing business in the Kingdom to understand Saudi etiquette and the personal manner in which they should behave. To start off our ‘Inform Series’, is one of the most important topics, Business Etiquette in Saudi Arabia.