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In keeping with the World Bank in 2019, Saudi Arabia had carried out reforms in eight areas of business: (1) starting a enterprise, (2) getting development permits, (3) getting electricity, (4) getting credit score, (5) protecting minority investors, (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 keeping with the World Bank Group's "Doing Business" 2020 report. Saudi Arabia has two inventory 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 in the second quarter of 2019, the kingdom has witnessed an increase in international investment, reflecting the financial reforms under the Saudi Vision 2030. Obtaining a foreign investor license grew to become more easy as it requires solely two paperwork, and it is processed in three hours. One hundred oil and fuel fields in Saudi Arabia, including 284.8 trillion commonplace cubic feet (scf) of natural gas reserves.

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