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In line with the World Bank in 2019, Saudi Arabia had performed reforms in eight areas of business: (1) starting a business, (2) getting construction permits, (3) getting electricity, (4) getting credit score, (5) defending minority traders, (6) buying and selling across borders, (7) implementing contracts, and (8) resolving insolvency. Saudi Arabia is among the international locations with the most notable enchancment in doing enterprise, in accordance 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 monetary markets are regulated by the Capital Market Authority. With a complete of 291 foreign investor licenses issued in the second quarter of 2019, the kingdom has witnessed an increase in international funding, reflecting the economic reforms below the Saudi Vision 2030. Obtaining a overseas investor license turned extra straightforward as it requires only two documents, and it is processed in three hours. 100 oil and fuel fields in Saudi Arabia, together with 284.Eight trillion commonplace cubic ft (scf) of natural gasoline reserves.

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