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The Future Minerals Forum (FMF) is held by the Saudi Ministry of Industry and Mineral Resources with the participation of governments, investors, financial institutes, service providers, and manufacturers. FMF focuses on the present and the future of the mining sector in the countries of the Middle East, Central Asia, and North Africa. By holding the forum, the Kingdom of Saudi Arabia aims to establish a collaborative platform among regional countries to develop a future roadmap for achieving s...

The Role of Saudi Women in the Private Sector has improved after the reformation of the Saudi labor market to accommodate more women. This included opening job opportunities in various industrial, economic, and service fields, providing necessary support for their employment, increasing their participation in economic activities and the workforce, and setting controls to prevent wage discrimination between men and women and support female employment. Number of Saudi women in the private sector ...

The Crown Prince's International Initiative for Women Empowerment in Cybersecurity is a global initiative aimed at enhancing cybersecurity, adopted by the Crown Prince and Prime Minister, His Royal Highness Prince Mohammed Bin Salman Bin Abdulaziz Al Saud. It was announced at the events of the Global Cyber Security Forum on February 4, 2020. Objectives of Crown Prince's International Initiative for Women Empowerment in Cybersecurity The objectives of the Crown Prince's Internatio...

The income tax rates vary in the Kingdom of Saudi Arabia depending on the type of activity and the investment field. According to Article Seven of the Income Tax Law issued on March 6, 2004, the tax rate on the tax base is 20 percent for each of the following: a resident capital company, a non-Saudi resident natural person who conducts business, and a non-resident person who conducts business in the Kingdom through a permanent establishment. The tax rate on the tax base for investors in only th...

Capital Goods in the Kingdom of Saudi Arabia are those used in producing other goods and consumed over a longer period, unlike consumer goods consumed directly and within a short period. Examples of capital goods are buildings, machinery, equipment, industrial facilities, and all elements that collectively form the national production capacity. Capital goods represent long-term assets and are not typically bought and sold as part of a company's routine commercial operations. These goods pr...

The Kingdom of Saudi Arabia's Position in Global Competitiveness Indexes refers to the classifications of international growth indicators for the Kingdom , which express the development of the Kingdom, its institutions, and its performance in the fields where it competes with countries of the world. The beginning of the Kingdom's progress in the ranking of these indicators was when it jumped in securities regulation to sixteenth place globally in 2011, from twenty-sixth place in 2010 ...

The Bulletin of Culture and Household Entertainment Survey is a periodic field survey conducted by the General Authority for Statistics in the Kingdom of Saudi Arabia . It measures the participation and attendance of individuals and families in cultural and entertainment activities and identifies their types. The survey targets individuals over fifteen years old in the Kingdom and was first launched in 2018. Concept of the Bulletin of Culture and Household Entertainment Survey The Bulletin of C...

The Waste and Water Economic Industrial Survey is an economic survey, part of the economic (industrial) environmental statistics in the Kingdom of Saudi Arabia . It collects environmental statistical data from establishments that utilize waste and aims to reduce the waste of materials, goods, and energy, as well as minimize pollution by maximizing their use. The survey is prepared by the General Authority for Statistics and data is collected via phone calls or an electronic link. Concept of the...

The Tourism Human Capital Development Programs are programs affiliated with the Ministry of Tourism. They include a range of training plans aimed at supporting workers and practitioners in various tourism  sub-sectors at all career stages. The programs are designed to certify their knowledge, abilities, and skills according to global standards and classifications, in collaboration with international tourism organizations. Programs for workers in the tourism sector The Ministry of Tourism has l...

Unemployment in the Kingdom of Saudi Arabia is one of the challenges that the Saudi government has made progress in combating through multiple initiatives aimed at job localization and workforce replacement in various sectors. The Kingdom began its efforts to address unemployment in 1975 by implementing Saudization. This focus was particularly emphasized in the five-year development plans, as the unemployment rate among Saudis began to rise. With the launch of Saudi Vision 2030 , the country ai...

The Saudi Non-Oil Exports are the exports of the Kingdom of Saudi Arabia of non-oil goods. The Saudi Export Development Authority (SEDA) seeks to increase these exports from 16 percent to 50 percent of the gross domestic product (GDP), aligning with Saudi Vision 2030. Growth of Saudi non-oil exports According to the General Authority for Statistics data in the fourth quarter of 2020, Saudi non-oil exports constituted about 21 percent of the GDP. According to the first quarter of 2021 data, they...

Yes, the Kingdom of Saudi Arabia is considered one of the advanced countries due to its high ranking in the annual Human Development Index issued by the United Nations Development Program (UNDP). The Kingdom advanced by five positions in the 2022 Human Development Index, ranking thirty-fifth globally out of 191 countries, compared to the fortieth in the previous edition of the report. The Organization for Economic Cooperation and Development (OECD) report ranked the Saudi economy as the fastest...