Saudi JournalSaudi Journal
  • Home
  • Saudi Arabia
  • Business
  • Life
  • Technology
  • English
  • العربية
  • Submit A Press Release
Business

Saudi German Health strengthens relationship with Mayo Clinic

…

Uncategorized

Flyadeal launches daily flights to Syria

…

Saudi start-up SBR signs MoU with Jisr to accelerate AI-driven recruitment and support Saudi Arabia’s digital transformation

Deliveroo UAE becomes part of DoorDash following completed acquisition

Facebook Twitter Instagram Pinterest
Latest posts:
  • Saudi German Health strengthens relationship with Mayo Clinic
  • Flyadeal launches daily flights to Syria
  • Saudi start-up SBR signs MoU with Jisr to accelerate AI-driven recruitment and support Saudi Arabia’s digital transformation
  • Deliveroo UAE becomes part of DoorDash following completed acquisition
  • Apparel Group expands footprint in Saudi Arabia with three new R&B store openings
  • Zelo and Watermelon Ecosystem transform F&B supply chain with 24-hour invoice financing
  • HRE Development launches Wadi Hills in Dubailand
  • Kyndryl announces advanced agentic AI capabilities that enable customers to scale AI across their businesses
Facebook Twitter Instagram Pinterest
Saudi JournalSaudi Journal
  • Home

    Saudi German Health strengthens relationship with Mayo Clinic

    Flyadeal launches daily flights to Syria

    Saudi start-up SBR signs MoU with Jisr to accelerate AI-driven recruitment and support Saudi Arabia’s digital transformation

    Deliveroo UAE becomes part of DoorDash following completed acquisition

    Apparel Group expands footprint in Saudi Arabia with three new R&B store openings

  • Saudi Arabia
  • Business
  • Life
  • Technology
  • English
  • العربية
  • Submit A Press Release
Saudi JournalSaudi Journal
Home » GBCI 2024: Turkey remains the most complex Middle Eastern country in which to do business for the second year running
Business

GBCI 2024: Turkey remains the most complex Middle Eastern country in which to do business for the second year running

Facebook Twitter Pinterest LinkedIn WhatsApp
Share
Facebook Twitter LinkedIn Pinterest WhatsApp

TMF Group, a leading provider of compliance and administrative services, has today launched the 11th edition of the Global Business Complexity Index (GBCI). Based on 292 key business indicators across 79 jurisdictions, this report provides an overview of the challenges investors face when operating businesses around the world.

Within the Middle East, Turkey tops the rankings as the most complex country in the region in which to do business, coming in at 6th in the global standings. The country’s frequent tax law changes, elaborate document submission processes and new capital requirements for specific sectors contribute to its complexity level. Government VAT exemptions are also often left unutilised by business owners due to a complex bureaucratic process.

Across the rest of the region, Egypt (ranked 28th) has introduced golden licenses to reduce differing approval requirements., while Saudi Arabia, a new entry in this year’s GBCI, ranks at 37th. Meanwhile, the United Arab Emirates (UAE) has dropped from 53rd to 40th in this year’s standings, but remains a significant trading, tourism and financial hub within the region.

TMF Group’s Market Head of Middle East & Africa, Stewart Adams said:

“The business landscape in this particular region is quite dynamic and overall, positive. We are seeing economic diversification, increasing investments, and growing relations among the jurisdictions. However, there will still be challenges to be faced by investors due to geopolitical instability and regulatory barriers, so a nuanced understanding of this business environment is very much needed.”

Top and bottom ten (1= most complex, 79= least complex)

1 Greece70 Jamaica
2 France71 British Virgin Islands (BVI)
3 Colombia72 Jersey
4 Mexico73 United Kingdom
5 Bolivia74 The Netherlands
6 Turkey75 New Zealand
7 Brazil76 Hong Kong, SAR
8 Italy77 Denmark
9 Peru78 Curaçao
10 Kazakhstan79 Cayman Island
Share. Facebook Twitter Pinterest LinkedIn WhatsApp

Related Posts

Business

Saudi German Health strengthens relationship with Mayo Clinic

Uncategorized

Flyadeal launches daily flights to Syria

Business

Saudi start-up SBR signs MoU with Jisr to accelerate AI-driven recruitment and support Saudi Arabia’s digital transformation

Business

Deliveroo UAE becomes part of DoorDash following completed acquisition

Business

Apparel Group expands footprint in Saudi Arabia with three new R&B store openings

Business

Zelo and Watermelon Ecosystem transform F&B supply chain with 24-hour invoice financing

Business

HRE Development launches Wadi Hills in Dubailand

Business

Kyndryl announces advanced agentic AI capabilities that enable customers to scale AI across their businesses

Stay In Touch
  • Facebook
  • Twitter
Business

Saudi German Health strengthens relationship with Mayo Clinic

Ajman, United Arab Emirates – Saudi German Health (SGH), one of the region’s leading healthcare…

Flyadeal launches daily flights to Syria

Saudi start-up SBR signs MoU with Jisr to accelerate AI-driven recruitment and support Saudi Arabia’s digital transformation

Deliveroo UAE becomes part of DoorDash following completed acquisition

Apparel Group expands footprint in Saudi Arabia with three new R&B store openings

Saudi German Health strengthens relationship with Mayo Clinic

Flyadeal launches daily flights to Syria

Saudi start-up SBR signs MoU with Jisr to accelerate AI-driven recruitment and support Saudi Arabia’s digital transformation

Deliveroo UAE becomes part of DoorDash following completed acquisition

Apparel Group expands footprint in Saudi Arabia with three new R&B store openings

Stay informed with Saudi Journal, your trusted source for comprehensive coverage of news, events, and insights from Saudi Arabia and beyond. Explore diverse perspectives, stay updated, and engage with the latest stories shaping our world. Experience news like never before with Saudi Journal.

Facebook Twitter
Categories
  • Business (466)
  • Life (126)
  • Saudi Arabia (87)
  • Technology (77)
  • Uncategorized (3)
  • World (57)
    • Africa (11)
    • Asia (25)
    • Europe (6)
    • US (3)
Our Picks
Business

MOCCAE and COP28 host joint event at UNGA focusing on the impact of food systems transformation on climate action

Business

Studiomint’s Expansion into the UAE: Redefining Luxury Interior Design

Business

Hamdan Bin Mohammed Smart University participates in the ‘Education Interface Exhibition’ and the ‘Middle East Youth Conference’ in Abu Dhabi

© 2025 Saudi Journal.
  • Home
  • Saudi Arabia
  • Business
  • Technology
  • Life
  • English
  • العربية

Type above and press Enter to search. Press Esc to cancel.