A solid economic growth in the past few years can be observed in Saudi Arabia where the latest expansion figures stand around 2.8%YoY for Q3 of 2024.

According to the vision 2030, Saudi has been turned into a strategic reverse hub of the foreign direct expenditure. Nevertheless, the economic liberalization process has its share of underprivileges.

Saudi Arabia seeks to draw investors to help reduce its reliance on oil exports and aims to facilitate foreign companies' investment in its market.

The International Monetary Fund (IMF) expects Saudi Arabia's non-oil growth to strengthen to 2.9 per cent based upon an increase in government spending and public confidence.

As was described in our September 2015 KSA Update, the Saudi Arabian authorities recently made the decision to further liberalize the wholesale and retail trade sector.

Saudi Arabia's Vision 2030 serves as a cornerstone for the future of business in Saudi Arabia, aiming to diversify the economy beyond oil and to foster a vibrant, sustainable environment for both local and international businesses.

Saudi Arabia has become one of the most attractive destinations for investors and entrepreneurs, thanks to its ambitious Vision 2030 plan.

The execution of mega projects characterized by their vast scale, extended timelines, and multifaceted stakeholder involvement necessitates robust legal oversight.

Foreign investors entering the Saudi market usually incorporate a limited liability company to quarantine their liability to the Saudi entity and limit their risk to their financial contribution to share capital.

Saudi Arabia's Vision 2030 has transformed the Kingdom into a global investment hub. By 2025, foreign investment surged to SAR 3 trillion—a 16 % increase, highlighting the growing confidence in its diversified...

Following the enactment of the Law of Real Estate Ownership and Investment by Non-Saudis, which came into force at the start of 2026, the Kingdom of Saudi Arabia (the Kingdom) has taken the next major step in opening...

Establishing an LLC business in Saudi Arabia opens attractive prospects for foreign investors as well as local entrepreneurs. Supporting Vision 2030, the Kingdom is progressively modernizing its economic environment...

Foreign direct investment (FDI) reaching USD 280 billion marks a significant milestone in Saudi Arabia's economic trajectory. For international businesses operating in the Kingdom, this is more than a headline number.

In a landmark development, Saudi Arabia has enacted a comprehensive real estate ownership law granting unprecedented rights to foreign investors.

Starting a business in Saudi Arabia is an exciting opportunity, as the country is actively encouraging entrepreneurship and investment through Vision 2030.

Recent volatility in listed share values has again highlighted weaknesses in the KSA capital market when the Tadawul All Shares Index nose dived following plummeting oil prices.

How to Set up a Company in Saudi Arabia? Choose the best type of company to start your business in Saudi Arabia now...

The Kingdom of Saudi Arabia provides a broad range of investment licenses determined based on the nature of the activities; hence, in order to decide which foreign investment license you need...

The Kingdom of Saudi Arabia has introduced a comprehensive new framework governing foreign ownership of real estate through Royal Decree No. M/14, marking a significant shift in the regulatory landscape for international investors. This framework establishes detailed conditions, geographical zones, and registration requirements for non-Saudi individuals and entities seeking to acquire property rights in the Kingdom. The new regulations form part of Saudi Arabia's Vision 2030 initiative to enhance foreign in

Every jurisdiction adopts its own legislative framework to regulate the transportation and mobility sector, including the deployment of electric vehicles ("EVs").