Mahmoud Mohammad Adileh- Grant Thornton Expert

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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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Mahmoud has extensive Audit experience which spans over 40 years, serving companies and establishments across the MENA region including Kuwait, Kingdom of Saudi Arabia and Libya.

He is a Fellow member of the Chartered Institute of Certified Accountants and the Arab Society of Certified Accountants; and is a member of the Saudi Accounting Association.

Mahmoud’s experience, qualifications and strategic position within the industry - as Chairman of the C.P.D. Committee, alongside his role as a Vice President of the Association of Certified Public Accounts in the International arena - has supported his recognition as a key expert within the profession in the Kingdom of Saudi Arabia.

Qualifications

BA Com Accounting
FCCA - Chartered Institute of Certified Accountants (UK)
FASCA - Arab Society of Certified Accountants (UK)
SAA - Saudi Accounting Association
FAA - Middle East Society of Associated Accountants

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