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 June 10, 2009
Saudi Arabia - Ranks 13 in World Bank Doing Business 2010 report
    Publisher: The World Bank

 

The World Bank Doing Business 2010 report ranks 181 economies on the ease of doing business.

Doing Business 2010 is the seventh in a series of annual reports investigating regulations that enhance business activity and those that constrain it. Doing Business presents quantitative indicators on business regulations and the protection of property rights that can be compared across 183 countries, from Afghanistan to Zimbabwe, over time.

Saudi Arabia, continues to be a top regional reformer. Saudi Arabia expedited the process for dealing with construction permits by introducing a one-day permit procedure, enabling builders to obtain a temporary building permit allowing them to begin construction after one day and a final building permit after one week. Business start-up was eased with the creation of a one-stop office at the Ministry of Commerce that merged registration procedures and simplified publication requirements.

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