Rethinking Resilience in Recovery

Skip to content
Skip to navigation

Global site

Global site
Africa
Americas
Asia Pacific
Europe
Middle East

Services

Zakat and Tax

Advisory

We offer a comprehensive range of advisory services to help you create, transform and protect value.

See Overview

Business risk services
The relationship between a company and its auditor has changed. Organisations must understand and manage risk and seek an appropriate balance between risk and opportunities.
Marketing and Client Service
We offer strategy, client service, digital and insight solutions to businesses that are shaping the future across the Middle East.
Forensic services
At Grant Thornton, we have a wealth of knowledge in forensic services and can support you with issues such as dispute resolution, fraud and insurance claims.
Transaction Advisory
Globalisation and company growth ambitions are driving an increase in transactions activity worldwide. We work with entrepreneurial businesses in the mid-market to help them assess the true commercial potential of their planned acquisition and understand how the purchase might serve their longer-term strategic goals.
Growth services
We have designed and developed growth services to support your business at each phase of its growth. So whether you are an SME that has just set up or a large business wishing to expand, at Grant Thornton we will help you unlock your potential for growth.

Related insights:

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

Assurance

We have the scope, depth, and global reach to serve businesses who are positioned to thrive in Saudi Arabia. Our team provide you with assurance services that...

See Overview

IFRS
At Grant Thornton, our IFRS advisers can help you navigate the complexity of financial reporting.
Audit quality monitoring
Having a robust process of quality control is one of the most effective ways to guarantee we deliver high-quality services to our clients.
Global audit technology
We apply our global audit methodology through an integrated set of software tools known as the Voyager suite.

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...

See Overview

Industries

Energy & natural resources

Energy & resources

See Overview

Financial services

Optimism is slowly returning to the global economy, but the financial services industry needs to regain the trust of public and private bodies. To succeed,...

See Overview

Consumer products

Emerging markets and shifting consumer demand are creating new opportunities in consumer products, with business leaders investing in new products, markets and...

See Overview

Travel, tourism & leisure

Dynamic businesses need to move with speed and purpose if they want to capitalise on opportunities in travel, tourism & leisure. At Grant Thornton, we know...

See Overview

Healthcare

Demographic, organisational and resourcing issues are radically changing the global healthcare industry. Worldwide, we have a long and varied list of clients,...

See Overview

Public sector

We work with all types of agencies, including central and state government, local government, donors (including bilateral and multilateral international...

See Overview

Real estate & construction

While the impact of the prolonged downturn continues to be felt, pockets of opportunity and optimism have emerged within the retail estate and construction...

See Overview

Technology, media & telecommunications

Rapid change and complexity are norms, and innovation the fuel in the technology industry. Today’s revolutions – including cloud, as-a-service, social media...

See Overview

Rethinking Resilience in Recovery

18 Jul 2020

The launch of Grant Thornton’s new index into the health of midsized companies comes at the most difficult time in a generation for these companies.

Our H1 2020 Global business pulse finds that the index has plunged by 12.8 points to a score of minus 9.4. This is the first time in a decade of comparable results that the index has turned negative and reflects the blow that Coronavirus has delivered to business outlooks and operating environments, not to mention human lives. The index results for every region, every sector (bar one) and 26 of the 29 monitored countries also come out negative in H1 2020. The impact has been wide but maybe not as deep as anticipated.

For reference, a score of +100 would represent perfect health with no restrictions and an ideal outlook, and the likelihood of high growth in the future. A score of -100 would represent dire health, with crushing restrictions and an appalling outlook, and the likelihood of decline in the future. The index score of -9.4 shows the significant impact of the pandemic and is by any measure bad. However, the depth of the fall might have been a lot worse given the circumstances.

We share insights from the global research, along with sharing insights relating to the corrective actions taken across Saudi Arabia, which has supported the mid-market

Read the report here [ 11158 kb ]

For further details or to discuss your requirements, please contact Imad Adileh.