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The Report: Saudi Arabia 2024: Education & Training
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Saudi Arabia’s education system is undergoing significant transformation under Vision 2030, aiming to close the skills gap and support economic diversification. Reforms focus on expanding private education, promoting international schools and increasing enrolment in technical and vocational education. The Ministry of Education and the Technical and Vocational Training Corporation oversee the system,…
Chapter

The Report: Saudi Arabia 2024: Construction & Real Estate
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Saudi Arabia’s construction and real estate sectors are thriving, with a $1.5trn project pipeline driving economic transformation under Vision 2030. The Kingdom leads global construction activity, with developments ranging from luxury resorts to urban projects. Key initiatives include the National Infrastructure Fund, which aims to support up to $53.3bn in investment by 2030. The sector’s growth…
Chapter

The Report: Saudi Arabia 2024: Legal Framework
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Saudi Arabia is leading environmental protection through ambitious laws and policies, aligned with Vision 2030. A major initiative is the Green Riyadh project, one of the world’s largest afforestation efforts, aiming to transform Riyadh into a sustainable green city. The Kingdom introduced the Environment Law in 2021, focusing on pollution control, waste management and resource conservation. Saudi…
Chapter

The Report: Saudi Arabia 2024: Tourism & Culture
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Saudi Arabia’s tourism industry has transformed rapidly since the Kingdom began issuing tourist visas in 2019. As part of its Vision 2030 plan, the government is investing heavily to make the country a global tourist destination, aiming to boost tourism revenue to $85bn in 2024. The sector is expanding with new hotels, entertainment venues and attractions, and is targeting 150m visitors annually…
Chapter

The Report: Saudi Arabia 2024: Tax
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Saudi Arabia’s economic growth has been driven by reforms in taxation and zakat (a payment under Islamic law that is used for charitable or religious purposes) systems, central to Vision 2030. Financial reporting requires annual audited statements filed with authorities, ensuring transparency and compliance. The financial services sector is regulated by agencies like the Saudi Central Bank and the…
Chapter

The Report: Saudi Arabia 2024: The Guide
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This chapter contains selected listings of some of the country’s top hotels and helpful tips forbusiness and leisure travellers, and other useful suggestions for travel to Saudi Arabia. …
Country Report

The Report: Saudi Arabia 2024
OBG
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Saudi Arabia, the region’s largest economy, is progressing towards diversification under Vision 2030. The digital economy is a standout performer, contributing 14% of GDP, while government-led giga-projects open long-term opportunities across various sectors. Despite a dip in oil activities that reduced the current account surplus to 3.2% in 2023, tourism income surged by 38%, boosting the servi
Event Video

SWPC Forum & Awards Ceremony

The Saudi Water Partnership Company (SWPC) is set to host a highly anticipated Forum and Award Ceremony on December 1, 2024 at the Fairmont Hotel in Riyadh. SWPC’s Forum objective is to encourage collaboration among key stakeholders in the water sector by providing a platform for sharing best practices, gathering industry feedback, optimizing and improving various aspects to assure sustainability…
Event Video

8th Sustainable Buildings and RetrofitTech Saudi Summit

Join us at the 8th Sustainable Buildings and RetrofitTech Saudi Summit which is taking place on 21 - 22 October 2024 at the Radisson Blu Hotel, Riyadh, KSA. This 2-day summit will bring together the key stakeholders across retrofitting, energy efficiency and sustainability sectors to discuss sustainable construction principles, energy efficiency, retrofitting and circularity. The summit aims to…
Market Profile Video

How Saudi Arabia is empowering MSMEs to support economic growth

The Kafalah programme is playing a critical role in empowering micro-, small and medium-sized enterprises (MSMEs) in Saudi Arabia’s non-oil sector as the Kingdom works towards its Vision 2030 goals. The report “MSME Empowerment in Saudi Arabia”, produced by Oxford Business Group in partnership with Kafalah, details the factors that are shaping the future of the MSME segment and driving sustainable