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We live in an era defined by recurring crises. When the global pandemic disrupted once-reliable supply chains in 2020, and two years later the globe was hit by an unanticipated energy crisis, businesses of all sizes were forced to reckon with the fact that their risk management practices might not be as robust as they thought

The creative industry is a major contributor to the cultural scene in KSA, providing richness and diversity. Saudi Arabia’s government recognizes the importance of this emerging industry and has made it a key pillar of its Vision 2030 plan

The United Kingdom is one of the most influential countries in the world, both politically and economically. With a thriving capital city and bustling business scene, there are many opportunities for investors looking to go beyond their current horizons and explore new territories.

This paper draws out key points made by the GPPC roundtable participants and highlights areas where there is both convergence and divergence of opinion.

The United States of America is the world's foremost economic and military power, as well as a leading cultural force. It is home to some of the world's most innovative businesses and has a highly skilled and educated workforce. For decades, the U.S. has attracted top talent from around the globe, making it a hub for creativity and innovation. In the global cultural psyche, the country is considered "the land of opportunity" and for many investors, it is seen as a safe and stable place to do business.

IFRS Alerts covering the latest changes published by the International Accounting Standards Board (IASB).

Saudi Arabia has the largest economy in the Arab League and the 19th largest in the world. However, reliance on oil revenues has made the Saudi economy vulnerable to fluctuations in global energy prices.

General sustainability sustainability-related disclosure requirements and climate-related disclosure requirements consultations released by the the International Sustainability Standards Board (ISSB).

The role of the family business in Saudi Arabia is significant and has been a mainstay of the economy for the past century. These businesses provide the majority of private-sector employment and are now seen as a key driver of economic diversification.

As Saudi Arabia moves towards an age of increased digital participation, local financial institutions have begun to digitise their services to keep up with the global trend. While this shift towards modernisation offers vast potential benefits for businesses and consumers alike, it also introduces new cyber security risks, which must be addressed.

Traditional risk management has been an essential facet of every large enterprise for decades. However, this framework faces certain limitations that prevent it from fully addressing business risk in the current landscape.

The last quarter of 2021 was a record-breaking one for Saudi Arabia as the country saw a 400% increase in foreign investment licence issuance compared to the same quarter of the previous year. Most of this investment was in the technology sector, with start-ups and SMEs seeing substantial growth.

Saudi Arabia is fortunate to have an abundance of oil resources. This has been the foundation of their economy for decades, allowing the Kingdom to become one of the world’s leading energy producers. However, since the 1970s, Saudi leaders have expressed a desire to move the nation away from total economic dependence on oil revenue. In 2016, Crown Prince Mohammed Bin Salman announced his Vision 2030 plan for the future of the nation. This agenda seeks to diversify the Saudi economy and increase private sector participation.

The cyber security landscape is constantly evolving, and businesses must stay ahead of the latest threats to protect their data and networks. In Saudi Arabia, the importance of cyber security is becoming increasingly clear as the country moves towards Vision 2030.

Historically, Saudi Arabia (“KSA”) has been a tax-free nation. However, in line with the government's efforts to diversify its economy and reduce its dependency on oil revenues, the nation has begun to introduce various forms of taxation in recent years. These new laws will further align the nation towards the government's national transformation program — Vision 2030.

In 2022, Grant Thornton’s Women in Business research has once again tracked the position of women in senior management across the world, and the progress towards gender parity in leadership. In this year’s data, we see mid-market businesses across the world taking decisive action to mould more flexible working practices around the needs of their people. They say that they are prioritising employee engagement and modelling open, inclusive working environments. By so doing, organisations are opening the door to bring female talent into senior positions in greater numbers than ever before.