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 Saudi university, Adnan Kassar School of Business (AKSOB). Dr. Zahy Ramadan, assistant professor of marketing, ran an 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
Saudi Arabia have launched a $22 billion project in Riyadh to improve the infrastructure, amenities and education in the region. There will be 1,281 development projects, including fifteen housing projects Read More
Saudi Arabia has announced they will contribute $3 billion towards companies in the Kingdom who have struggled to pay expat fees in 2017 and 2018, said the labour minister, Ahmed Read More
Saudi officials are in talks with private sector businesses to see how the government can adjust economic reforms. Government officials said they are open to constructive dialogue with the private Read More
Saudi Arabia launched their ambitious programme to attract $427 billion worth of investments in the industrial and logistics sectors. The 12-year programme has started with the signing of 37 agreements Read More
The Ministry of Labour and Social Development (MLSD) have announced changes to the block visa validity, employee onboarding impact on Nitaqat and the compensatory visa. Block visa In October 2017, Read More
The Human Resource Development Fund (HRDF) in Saudi Arabia will be providing 30% of salaries of Saudis working in the private sector for the first year to stimulate Saudization, increase Read More
