The Chamber of Commerce is one of the earliest and deep-rooted service organizations in Saudi Arabia. It emerged intending to build a strong foundation of commercial confederation among people in a business devoted to the cause of advertisement of the private sector contribution to the economy. Saudi's Chamber of Commerce has formulated several promotional and development services to render aid to the private sector initiatives in industry, trade, and services.
Want to open a business in KSA? Here is information about CITC in Saudi Arabia - How it started, what does CITC offer, recent advancements and updates.
According to the latest news on Saudization plans, the Kingdom of Saudi Arabia (KSA) plans to implement it at the beginning of 2021.
Fasah Saudi Arabia is an integrated e-system platform that was launched by TABADUL with the vision of building a bridge between all organizations involved in the import and export process by bringing it under one roof.
Recent updates saw the resumption of business activity make a new step. 2020 has filtered out businesses with low compliance and unstable practices, those businesses either ended up closing or damaged beyond recovery.
Muqeem (also known as Al Muqeem) is a digital portal created to facilitate official documentation processes for Saudi Arabia residents and provide data for employers on their resident workers, as well as perform various transactions. The portal is one of many digital services provided by Elm, a Saudi entity owned by the Saudi Public Investment Fund (PIF).
The Government Organization for Social Insurance (GOSI) is a premium government institution in Saudi Arabia that deals with social insurance in the country. Headquartered in Riyadh, GOSI is a financially and administratively independent organization that is supervised by a board of thirteen directors. The board of directors consists of insured persons, employers as well as officials from government departments. Since its inception in 1973, GOSI has constantly worked towards improving social insurance benefits meted out to the contributors and their family members.
In a recent update, the Ministry of Interior in Saudi Arabia announced the reopening of travel for the first time since late March, when the COVID-19 lockdown began.
Saudi Arabia has set out to become a pioneering and successful global model of excellence on all fronts with its elaborate Vision 2030 plans. Years later, the Kingdom presents itself as a nurturing culture for young businesses and expanding giants.
The Saudi Government has announced changes to WPS compliance rates due to current events surrounding the global COVID-19 pandemic and following the initiatives taken by the Ministry of Human Resources and Social Development.