Saudi Arabia will offer e-visas to visitors who buy tickets online for the 41-day ‘Sea and Culture’ festival being held in Jeddah. The e-visas will be available in as little Read More
The Saudi Arabian Monetary Authority granted 14 fintech licenses to companies in the crowd lending and payment services sectors. These are in addition to the 7 licenses granted earlier this Read More
Saudi Arabia had a budget surplus of SAR 27.8 billion ($7.41 billion) in Q1, driven by both oil and non-oil revenues. According to a report published by the Ministry of Read More
Today’s market is fast paced and consumer driven; customers have more power than ever in the purchasing process and are well informed before moving forward to buy. Building relationships is Read More
The Ministry of Labour and Social Development (MLSD) announced last Sunday of the introduction of their new portal, Qiwa. The portal will improve the current government e-services and support. There Read More
Government processes are a core part of doing business in Saudi Arabia and they can be complex. With the right support you can operate compliantly, however, if your government relations Read More
The shared services model for delivering corporate support through consolidating services is an expanding industry. The model has become increasingly popular since the mid 1990s as companies searched for ways Read More
Growth in Saudi Arabia’s non-oil private sector rose to its highest mark last month since December 2017. The monthly business conditions survey showed that the private sector new order growth Read More
Saudi Entertainment Ventures (SEVEN) plans to include virtual reality and live performance centres across their 20 planned entertainment complexes throughout the Kingdom, according to CEO Bill Ernest. SEVEN was launched Read More
The Ministry of Interior (Jawazat) announced last week that valid health insurance is mandatory when applying for an extension of duration of stay for Saudi visit visas. Those visiting the Read More
Payroll is an essential part of operating any business in Saudi Arabia and there are many regulations that companies are not aware of when setting up in the Kingdom. The Read More
With globalisation and the ever increasing integration of markets, it’s expected that companies are expanding internationally, now, more than ever. The development of technology, improved transportation and the mature internet Read More
Proven SA has been featured as a success Harvard approach case study at the Lebanese American University, Adnan Kassar School of Business (AKSOB). Dr. Zahy Ramadan, assistant professor of marketing, Read More
Expats make up a large portion of the Saudi workforce, making corporate immigration an essential part of operating in Saudi Arabia. Most private sector companies bring employees from all over Read More
Saudization is fundamental to operating a business in Saudi Arabia. The Saudization scheme requires companies to hire a certain number of Saudi nationals depending on the company’s industry and size. Read More
The General Authority of Zakat and Tax (GAZT) has passed the Transfer Pricing Bylaws (TPB). Based on an accepted international framework, the bylaw has been effective since February 15 2019 Read More
Saudi Arabia is rapidly evolving, with Vision 2030 the driving force behind recent reforms, pushing it towards a diversified economy and increasing nationals in the workforce. The Kingdom’s transition away Read More
The Ministry of Labour and Social Development (MLSD) has issued invoices on the amount due on work permits due to an error on the Ministry of Labour (MoL) portal. The Read More
Saudi Arabia aims to reach 70% in e-payments by 2030 as part of the Vision 2030 reform plan. The aim is to shift the Saudi society from a heavy reliance Read More
In the Saudi Arabia, there are many regulations that affect the way companies run their human resource departments such as local employment law, Saudization, GOSI, WPS and Nitaqat. For foreign Read More
