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[BUSINESS] · Saudi Arabia · 2 sources

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Saudi Competitiveness Center enhances business legislative environment

The Saudi Competitiveness Center is enhancing the Kingdom’s business legislative and regulatory environment through its ‘Istislaa’ platform. The platform facilitates public consultation by allowing government and private sectors to provide feedback on draft laws and regulations related to economic and developmental affairs before they are finalized.

In the first half of 2026, 54 government entities presented 209 projects for consultation, receiving 8,475 views and attracting approximately 1.6 million visits to the platform. Since its launch in 2020, the platform has hosted 2,279 projects, received 81,000 views, and surpassed 17.6 million total visits.

Based on these consultations, government agencies implemented over 500 modifications to draft projects during the first half of 2026. These changes included resolving overlapping provisions, canceling or amending regulatory requirements, reducing certain fines and fees, and refining the scope of specific activities to better align with the needs of the private sector.

Entities

IMD · Istislaa Platform · Saudi Arabia · Saudi Competitiveness Center