Read our insights

Historically, Italy has been a land of opportunity, culture, and beauty. Home to the ancient Roman civilization, and the birthplace of the Renaissance period, Italy has been a key player in world history. Today, the country is now the eighth-largest economy in the world and the third-largest national economy in Europe. Italy is a country with immense potential for investment opportunities. With an economy of over $2 trillion, Italy offers investors numerous resources and prospects. In this article, we will explore the resources, prospects, and investments available in Italy.

India is a land of diverse opportunities. The country has a rich history and is home to a wide range of cultures, religions, and languages. India is also the world's second most populous country, with over 1.3 billion people. Despite its vast size and population, India is sometimes overlooked as an investment destination.

Considered the true north — strong and free — Canada is a land of opportunity with much to offer investors. From its abundant natural resources to its thriving economy, Canada is an attractive destination for those looking to go beyond the status quo. Despite America's northern neighbour often being overshadowed by its southern counterpart, Canada is a powerhouse in its own right and should not be overlooked by investors.

In the business world, due diligence is commonly used in mergers and acquisitions (M&A) transactions, where one company intends to buy another. In these cases, due diligence typically refers to the process of investigating a target company's financial and operational condition prior to the acquisition. The goal is to identify any potential problems or risks that could lessen the value of the target company or make the deal less attractive. Failure to conduct due diligence can have severe consequences, as illustrated by the Enron scandal.

Sustainability has become one of the most pressing concerns of our time. The term is used to describe the need to protect and conserve our natural resources while ensuring that future generations have the same access to them. To achieve this, organisations must take a sustainable approach to their operations. This means adopting practices that minimise the impact of their activities on the environment and ensure that they can continue to operate in the long term.

As the capital city of Saudi Arabia, Riyadh is key to the realisation of Crown Prince Mohammed bin Salman's visionary national development program. Given its centrality to the Kingdom's plans for social and economic transformation, the city is in the midst of rapid changes. What does this mean for businesses in Saudi Arabia and beyond? Investors, both domestic and international, are bound to take note of the considerable opportunities that will come with the realisation of the ambitious goals set out in Riyadh 2030.

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 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.

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.

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.

The Personal Data Protection Law (PDPL) was implemented by Royal Decree M/19 of 9/2/1443H (16 September 2021) approving Resolution No. 98 dated 7/2/1443H (14 September 2021). It was published in the Official Gazette on 24 September 2021. The Saudi Data & Artificial Intelligence Authority (SDAIA) will supervise the implementation of the new legislation for the first two years, following which a transfer of supervision to the National Data Management Office (NDMO) will be considered.

We explore whether TMT businesses can seize the opportunities of growing demand, or if they will be held back by the challenges presented by regulation and access to talent.

The Zakat, Tax and Customs Authority (ZATCA) published its e-invoicing regulations on 4 December 2020, which was also effective from the date of publication. The regulations stipulated that e-invoicing would become mandatory for taxpayers by 4 December 2021. We share summarised insights on phase 1 compliance, along with preparation for phase 2.

Adel Daglas, Tax Advisor - Grant Thornton Saudi Arabia discusses the latest developments surrounding electronic invoices in the Kingdom of Saudi Arabia, with Thomson Reuters MENA