KSA
Country & Investment Overview
Key Takeaways
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Largest GCC economy, ~32m people, ambitious Vision 2030 diversification drive.
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Strong FDI in energy, mining, tourism, and giga-projects (NEOM, Red Sea).
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Tourism boom with religious (Hajj/Umrah) and leisure offerings.
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Outlook: Regional powerhouse with transformative reforms and mega-investments.
Overview & Location:
~2.15m km², largest Arab state; borders 7 countries, key Red Sea & Gulf access.
Demographics:
~32m, majority under 35, growing workforce nationalization (Saudization).
Economy:
Oil remains dominant but non-oil GDP growing fast. Currency (SAR) pegged to USD.
Investment Climate:
Reforms improving transparency; tax 20% corporate + VAT; strong incentives via giga-projects and special zones.
Key Sectors:
Energy, mining, logistics, tourism, ICT, construction.
Tourism:
100m+ visitors target by 2030; mix of religious, cultural, and luxury projects.
Risks & Outlook:
Oil volatility and social reforms are challenges; outlook strong with Vision 2030.
Important contacts
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Embassies in Saudi Arabia
For official diplomatic assistance and consular services, contact your country’s embassy in Riyadh or consulate in Jeddah or Dhahran.
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List of Foreign Embassies and Consulates in Saudi Arabia:
https://www.mofa.gov.sa/en/embassies/Pages/default.aspx?csrt=3272196912018934978
Police Contacts
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General Emergency Number (Police, Ambulance, Fire): 999
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Traffic Police: 993
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Criminal Investigation (Mabahith): 990
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Website: https://www.moi.gov.sa/
Emergency Health Services
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Emergency Number (Ambulance): 997
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Public Ambulance Services: Available nationwide via 997
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Private Ambulance Providers: Available in major cities
For non-emergency healthcare needs, hospitals and private clinics operate in all regions, many with international standards.
Jawazat – General Directorate of Passports
Handles visas, iqama (residency permits), and other immigration matters.
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Website: https://www.gdp.gov.sa/
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Service Centers (Jawazat Offices): Available in all major cities
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Contact: Through the Absher Portal: https://www.absher.sa/
Ministry of Human Resources and Social Development (HRSD)
Responsible for labor law enforcement, employment regulation, and Saudization policies.
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Website: https://www.hrsd.gov.sa/
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Call Center: 19911
Ministry of Commerce (MOC)
Handles company registration, business licensing, and commercial regulations.
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Website: https://mc.gov.sa/en/
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Contact: 920000667
ZATCA – Zakat, Tax and Customs Authority
For tax matters including VAT, zakat, customs regulations, and corporate tax.
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Website: https://zatca.gov.sa/en/
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Call Center: 19993