VAT in Oman and its economic implications
Oman recently introduced a 5% value-added tax (VAT), becoming the fourth Gulf...
Saudi Arabia
Trade between Saudi Arabia and the US reach $20 bn in 2020
The goods exported to Saudi Arabia from the US amounted to $11.2...
Saudi startups raise $76 mn in the first quarter of 2021
Compared to the previous quarter, this is about a 137.5 percent increase...
Paymob secures $18.5 mn funding to expand in Saudi Arabia
The expansion at home is planned as the pandemic spurs a surge...
Amazon announces 1,500 new jobs in Saudi Arabia
The global conglomerate plans to add 11 new buildings along with new...
SRC issues fresh sukuk to foster Saudi housing sector
The Sukuk programme will pave the path for the Kingdom’s housing segment...
Saudi to ship gas to South Korea
Hyundai Oil Bank will acquire LPG cargoes from Aramco and convert them...
Solar PV mounting systems market will grow
The reports indicates that the global clean energy demand surge is expected...
Saudi to establish Soudah Development Company
SDC will partner with the private segment to develop the tourism segment...
Saudi’s Bahri remains resilient amid pandemic
The company’s revenue surged 28 percent to SR 8.4 billion compared to...