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Saudi Arabia

8. Responsible Business Conduct

There is a growing awareness of corporate social responsibility (CSR) in Saudi Arabia. The King Khalid Foundation issues annual “responsible competitiveness” awards to companies doing business in Saudi Arabia for outstanding CSR activities. In March 2021, the SAG approved the formation of a committee on corporate social responsibility in the Ministry of Human Resources and Social Development.

Saudi Arabia does not participate in the Extractive Industries Transparency Initiative.

Investment Climate Statements
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U.S. Department of State

The Lessons of 1989: Freedom and Our Future