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Navigating Financial Complexity: Your Trusted Partner for Financial Statement Preparation in KSA

Navigating Financial Complexity: Your Trusted Partner for Financial Statement Preparation in KSA

Companies in KSA must follow accounting standards and rules to prepare accurate financial reports and maintain transparency. As it provides a comprehensive overview of a company’s financial performance and position. Accounting professionals play a key role in ensuring the quality of these financial statements. Certainly, it must comply with IFRS and SAS. For listed companies […]

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Growing Business Ecosystem in Saudi Arabia: 78% Growth in Business Registration

Growing Business Ecosystem in Saudi Arabia: 78% Growth in Business Registration

In the region of Saudi Arabia demonstrates 78% business registration.  As a result of the country’s strong economic reforms and increasing confidence of investors and businessmen towards the Saudi market. The Kingdom of Saudi Arabia has seen its business registrations go up by 78%. Moreover, This clearly shows that Vision 2030, an ambitious plan to

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Saudi MSMEs Witness 16% Growth in Credit Offerings in First Quarter

Saudi MSMEs Witness 16% Growth in Credit Offerings in First Quarter

According to the Saudi credit bureau data, MSMEs in the kingdom have seen a 16% growth in credit offerings in the first quarter of this year. Such a significant increase demonstrates the improved appreciation and reinforcement of such crucial segments in the Kingdom. The 16% growth is a great achievement against the backdrop of the

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Research Projects MENA IT Spending to Reach $194 billion in 2024, Up 5.2% from the Previous Year

Research Projects MENA IT Spending to Reach $194 billion in 2024, Up 5.2% from the Previous Year

According to the estimate, the IT expenditure in MENA is expected to grow up to $194 billion in 2024.  Additionally, represents a 5.2% increase from the previous year. Such growth indicates an increased rate of integration of technology in the region’s affairs and high investment in technological developments. Moreover, spending on IT in the MENA

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Experts concur that the Federation of Saudi Chambers is a catalyst for global cooperation and economic prosperity.

Experts concur that the Federation of Saudi Chambers is a catalyst for global cooperation and economic prosperity.

Specialists agree that the Federation of Saudi Chambers plays a significant role in facilitating global cooperation and economic progress. The Federation of Saudi Chambers contributes greatly to world economic development and the promotion of cooperation. In enhancing imports, exports, investment, and cooperation between countries. Moreover, the Federation has put Saudi Arabia on the international map

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Chemicals Sector Drives Saudi Arabia's M&A Surge $955 Million in Deals

Chemicals Sector Drives Saudi Arabia’s M&A Surge: $955 Million in Deals

Saudi Arabia has grown into an important player in mergers and acquisitions (M&A) in the Middle East. Certainly, in the first quarter of 2024, particularly throughout the chemicals sector. The Kingdom’s strong economic goals and strategic investments are seen in the recent spike in M&A activity. Anyone interested in the economic landscape of the region

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