Read our insights

Saudi Arabia’s sports sector is entering a new and pivotal phase. Guided by the ambitions of Vision 2030, the Kingdom is reshaping its sports landscape through comprehensive legal and regulatory reform. These changes are accelerating the professionalisation of clubs, enhancing protections for players, and creating an increasingly attractive environment for both domestic and international investment. The result is a sector that is more transparent, commercially viable, and aligned with global sporting standards.

Saudi Arabia’s healthcare sector is changing faster than ever. With Vision 2030 as the driving force, the Kingdom is moving toward a more digital, integrated, and private-sector-led healthcare system. This shift is not just about technology or investment; it’s about reshaping how care is delivered, how outcomes are measured, and how patients interact with the system.

Artificial Intelligence is no longer a future concept in Saudi Arabia. It is a present-day force that is actively shaping the country’s economy, society and government.

When it comes to sustainable business, much is known and written about the world’s largest corporations given their obligations for reporting and transparency. However, the progress and actions of mid-market companies – the driving force of the global economy – have been largely ignored and unexplored.

As the financial landscape continually evolves, CFOs in Saudi Arabia face the crucial task of staying abreast of the latest financial and regulatory updates. Several significant changes have occurred over the past six months, demanding finance leaders' attention and strategic planning. We highlight the key updates CFOs need to be aware of and consider ensuring compliance and optimising their organisations’ financial strategies.

The Personal Data Protection Law (PDPL) has emerged as crucial legislation worldwide, aiming to safeguard individuals’ data in an increasingly digitalised era. The PDPL was enacted in Saudi Arabia to establish a legal framework for protecting personal data. The law applies to the public and private sectors and imposes obligations on organisations handling personal data. It aligns with international standards and best practices, ensuring the privacy and security of individual personal information.

Mergers and acquisitions (M&A) have emerged as a key strategy in Saudi Arabia (KSA) due to the numerous opportunities they present for companies operating in the region. M&A serves as a vital tool for diversification. In an effort to reduce dependence on oil revenues and foster economic growth, the Saudi government has been actively encouraging diversification across industries. M&A allows companies to expand their business portfolios by acquiring or merging with entities in different sectors, enabling them to mitigate risks associated with sector-specific fluctuations.

Saudi Arabia is the largest economy in the Middle East and is undergoing rapid transformation as part of its Vision 2030 plan. The plan aims to reduce the country's dependence on oil exports and diversify its economy. One of the key elements of this plan is the transformation of listed companies in Saudi Arabia to become more financially sound and efficient.

In recent years, Saudi Arabia has experienced a notable increase in the number of initial public offerings (IPOs), as evidenced by a robust pipeline of companies poised to go public in the near future. This article aims to examine the current IPO landscape and future projections in the Saudi Arabian market, as well as the factors that are contributing to this surge in activity.

Similar to various other countries globally, Saudi Arabia is pursuing a shift towards a sustainable economy to decrease its dependency on fossil fuels and alleviate the consequences of climate change. The nation has established challenging objectives to elevate the portion of renewable energy in its energy blend, diminish its carbon emissions, and encourage sustainable growth. Accomplishing these goals necessitates substantial investments in green infrastructure, technologies, and innovation, and the finance sector will have a vital role in facilitating this transition.

The healthcare industry in the Kingdom of Saudi Arabia (KSA) is among the most advanced in the Middle East, but there are strict financial reporting requirements that must be followed to ensure high-quality care for everyone. These requirements include tax, audit, and other advisory considerations, like data protection and cyber security. Let's take a closer look at what healthcare companies in KSA need to know.

Sustainability has become an increasingly important topic of conversation in the Kingdom of Saudi Arabia in recent years and with good reason. As one of the world's highest-carbon emitters, its commitment to reduce emissions and transition to a low-carbon economy is critical for global climate change efforts.

Financial transformation is an important step in the economic development and maturation of any country that wishes to compete in the global market. As it stands, Saudi Arabia's financial sector is still in the process of developing its full potential. With recent government initiatives and the implementation of more robust economic policies, the Kingdom is taking steps to improve its financial stability and modernize its finance function. In this article, we will explore why financial transformation is necessary for KSA, how businesses can prepare for it, and the potential benefits that this transformation can bring.

Saudi Arabia is set to introduce several changes to its financial regulations in the coming years, with a major overhaul of taxation and finance taking place in 2023. These changes will have a significant impact on businesses operating within the country, particularly those dealing with foreign investments or international trade. Let's look at some of the specifics.

Environmental, social, and governance (ESG) reporting is an emerging field in financial accounting and reporting. Globally, there is a greater focus on understanding the sustainability and ethical performance of companies. Businesses in KSA are no exception, as investors are increasingly interested in understanding the ESG risks and opportunities of companies they invest in.

KSA is one of the most rapidly growing economies in the Gulf, and as such holds great potential for businesses interested in establishing themselves in the region. Before setting up shop, however, there are some important elements to consider, including financial and accounting considerations. Thankfully, the Saudi government has taken significant steps to develop the nation into a more business-friendly environment, with a clear and transparent framework for companies to do business.