The Center

Unlocking the Future of Saudi Arabia’s Economy:
A New Era of Growth and Investment Opportunities

Saudi Arabia is undergoing a monumental transformation, fueled by the vision of the Saudi 2030 Vision — a forward-thinking roadmap aimed at diversifying the economy and reducing reliance on oil. With a renewed focus on sustainable growth, innovation, and job creation, the Kingdom is positioning itself as a global hub for investment and opportunity.

Key to this transformation is the government's recent initiatives, which include opening the door for foreign institutional investors to directly engage with the Saudi stock markets and removing traditional partnership requirements for fully owned foreign retail and wholesale companies. These measures create a wealth of new opportunities for international businesses looking to capitalize on Saudi Arabia’s dynamic market.

As part of its mission to diversify and modernize the economy, Saudi Arabia is working to become a leading knowledge-based economic center in the region. This includes improving the performance of various sectors, from state-owned enterprises to family businesses undergoing generational transitions.

A crucial component of this transformation is corporate governance. As Saudi Arabia moves towards a more diversified and globally competitive economy, corporate governance serves as the cornerstone for ensuring long-term sustainability and attracting both domestic and international investment. It provides companies with the framework to not only enhance profitability but also uphold high standards of corporate social responsibility.

At Alfaisal University, we are at the forefront of promoting exceptional corporate governance. By leveraging our world-class academic expertise and research, we offer the tools, insights, and training needed for companies to implement best practices that drive growth and secure their future.

Good governance is more than just a compliance measure; it’s a strategic asset that boosts investor confidence and sets companies on a path to lasting success. Let our experts at the CGC guide you through this exciting journey of transformation and opportunity. Together, we can build a future of prosperity, sustainability, and global competitiveness.

Benefits of Good Corporate Governance

Improved Access to Capital

Easier access to domestic and global capital (equity & debt) including through inclusion in global investment indexes

Better Performance

Helps improve decision making and enhance the long-term prosperity of companies

Increased Value

Well-governed companies receive higher market valuations

Reduced Risk

An engaged board and effective internal controls help companies assess risks more effectively and respond quickly

Higher Employee Motivation

Effective systems can facilitate the consistent application of corporate values through transparent internal & external communication

Better Succession Planning

A strong and effective board can support succession in family businesses and listed companies