With a land area in excess of two million square miles, Saudi Arabia is the largest country in the Middle East and the twelfth largest in the world. Saudi is unique in having coasts on both the Persian Gulf and Red Sea.
Saudi Arabia was united into a single kingdom by King Ibn Saud in 1930, and remains an absolute monarchy under the rule of the Saud dynasty.
Today Saudi is a major regional power, and a member of the G20. Oil was discovered in 1938, and has dominated the Saudi economy ever since. Today, Saudi Arabia is the second largest producer of oil in the world, and the world’s leading exporter of oil.
In order to wean the country from its dependence on oil, the government has introduced Vision 2030, a major project to diversify the nation’s economy and revolutionise infrastructure. As part of the scheme, the government plans to develop a number of large tourist resorts on the country’s Red Sea coast.
HLB’s team of professionals in Saudi Arabia representing a mix of different nationalities including Saudi nationals serving local and international companies operating in various industries.
Latest insights, case studies and news from across the network
How the Tech Community is Combatting the Coronavirus
As news of the COVID-19 pandemic continues to pour in, the tech community is pulling its resources to combat the coronavirus.
Brazilian government response to COVID-19 and supportive measures for business
In this article, we discuss the response of the Brazilian government to COVID-19 and what supportive measures are in place for Brazilian businesses and taxpayers.
Webinar on COVID-19: A cross-border overview of supportive government measures for business
HLB webinar on COVID-19 aims to address the implications and supportive measures available for businesses across key countries.
Get in touch
Whatever your question our global team will point you in the right directionStart the conversation