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In accordance with the World Bank in 2019, Saudi Arabia had carried out reforms in eight areas of enterprise: (1) beginning a enterprise, (2) getting building permits, (3) getting electricity, (4) getting credit score, (5) protecting minority traders, (6) trading throughout borders, (7) enforcing contracts, and (8) resolving insolvency. Saudi Arabia is among the many international locations with the most notable enchancment in doing business, in keeping with the World Bank Group's "Doing Business" 2020 report. Saudi Arabia has two stock exchanges, the Tadawul and The Saudi Parallel Market (Nomu), whose financial markets are regulated by the Capital Market Authority. With a complete of 291 overseas investor licenses issued within the second quarter of 2019, the kingdom has witnessed an increase in worldwide investment, reflecting the economic reforms underneath the Saudi Vision 2030. Obtaining a foreign investor license turned extra simple because it requires only two paperwork, and it is processed in three hours. One hundred oil and gasoline fields in Saudi Arabia, together with 284.8 trillion standard cubic toes (scf) of pure gas reserves.

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