14 Hrs
الاقتصادية
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الاقتصادية

2026-09-22T11:45:29.610Z

الأكثر قراءة

BlackRock Highlights Saudi Arabia as Top Investment Destination

الاقتصاديةالاقتصاديةالاقتصادية
15 Hrs2026-09-22T11:26:11.597Z
BlackRock Highlights Saudi Arabia as Top Investment Destination

Gold remains near $4,350 amid policy outlook

الاقتصاديةالاقتصاديةالاقتصادية
16 Hrs2026-09-22T09:45:00.000Z
Gold remains near $4,350 amid policy outlook

Al Jazira REIT distributes 6.25M Riyals in dividends

الاقتصاديةالاقتصاديةالاقتصادية
20 Hrs2026-09-22T06:18:42.505Z
Al Jazira REIT distributes 6.25M Riyals in dividends

US lifts 50-year arms ban on Guatemala

البيانالبيانالبيان
21 Hrs2026-09-22T05:02:00.000Z
US lifts 50-year arms ban on Guatemala

US flights resume after outage

البيانالبيانالبيان
22 Hrs2026-09-22T04:40:00.000Z
US flights resume after outage
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Commercial concealment affects ownership and management in contracting

Commercial concealment affects ownership and management in contracting

Commercial concealment in the Saudi contracting sector is one of the main challenges threatening market efficiency and project integrity. It is used to manage establishments through illegal workforce under the names of citizens, creating unfair competition and depriving legitimate investors of real opportunities. Market indicators reveal that some establishments are actually operated by illegal workers, even though their commercial records are registered under citizens' names. This contributes to a gap between ownership, legal registration, and actual control over the activities. Experts have confirmed that the lack of a clear strategy and effective regulation has led to chaos and poor organization. The market is expanding, now comprising around 140,000 entities with project values exceeding 3 trillion Riyals, with a significant contribution from subcontractors who control 75% of construction activities. They stressed the need to organize the sector, promote transparency, eliminate practices of concealment, enhance competition, and reduce risks. The focus should be on building a clear regulatory framework and establishing a unified regulatory authority.

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