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Blog The Role of Tax in Driving Saudi Arabia’s Non-Oil Economy: Unlocking Opportunities in Emerging Sectors

In recent years, the Kingdom of Saudi Arabia (KSA) has embarked on a transformative journey to diversify its economy, reducing its dependence on oil revenues. With Vision 2030 as a guiding framework, the nation actively explores opportunities across various non-oil sectors, such as technology, tourism, and logistics. Tax policies and incentives are central to this ambitious agenda, and they are increasingly seen as pivotal tools for stimulating growth and attracting investment in these emerging sectors. This article examines how the Kingdom's tax landscape is evolving to support its non-oil economy and unlock opportunities for domestic and foreign investors.

| 4 min read | 08 Nov 2024

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Zakat and Tax

Our experienced tax team not only support core compliance but are at the leading edge of transformation and operational resilience in respect of the tax...

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IFRS News

IFRS News | Q4 2O19

10 Dec 2019

IFRS news is your quarterly update on things relating to International Financial Reporting Standards (IFRS). We’ll bring you up to speed on topical issues and significant developments, provide comments and give our point of view

In this edition of IFRS News

We begin by considering the latest news from the IASB and conclude with IFRS-related news at Grant Thornton.

If you would like to view a list of the new Standards and Interpretations and their effective dates, please visit ifrs.org or follow the links below:

A list of the documents currently out for comment by the IASB and their respective comment deadlines is also available at ifrs.org.

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IFRS News | Q4 2O19

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IFRS News | Q4 2O19

In this edition of IFRS News

Navigating the changes to IFRS for CFOs

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