Administrative law reforms for enhancing business environment in Saudi Arabia

Abstract

The economic landscape of Saudi Arabia has undergone significant changes in recent years, largely due to various administrative law reforms. The aim of this research paper is to examine the administrative law reforms in Saudi Arabia and their impact on the country's business environment. Based on the findings, the law reforms made in Saudi Arabia include initiating businesses, safeguarding the interests of minority investors, facilitating trade, ensuring contract enforcement, providing access to electricity, facilitating credit acquisition, granting construction permits, and resolving insolvency. Saudi Arabia should take steps to raise public awareness about corruption and establish more robust laws to safeguard whistleblowers. The country should also allocate resources to training programs and establish partnerships with advanced, specialized courts. Creating entrepreneurship programs and workshops to promote an entrepreneurial mindset in schools and the community is crucial. Saudi Arabia can create a favorable environment for economic growth and development by implementing these measures.