Tag: Saudi Arabia
Non-oil Activities Reached 50% of Saudi Arabia’s Real GDP in 2023
Non-oil activities in the Kingdom recorded their highest contribution to the Real GDP during the year 2023 at 50%, which is the highest historical...
NEOM to Bring Apartments by Marriott Bonvoy to Sindalah
The agreement marks the first signed property under ‘Apartments by Marriott Bonvoy’ in the Middle East.Marriott International has signed an agreement with NEOM to...
New Abha International Airport Master Plan Launched
His Royal Highness Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince, Prime Minister, and Chairman of the Council of Economic and Development...
Saudi Arabia Unveils More than US$6.4 Billion in Technology, Startup Investment
Saudi Aramco Ventures launches US$1 billion Prosperity7 fund for transformative start-ups
STC to invest US$1 billion in MENA HUB to create regional center for cloud...
Saudi Arabia’s Expo Pavilion Launches ‘16 Windows’ Program
The 16-week program will introduce the Kingdom’s diverse cultural sectors to visitors of Saudi Arabia’s landmark Pavilion at Expo 2020 Dubai.
‘16 Windows’ covers sectors...
Saudi Arabia Triples VAT to Counter Economic Impact of Coronavirus
Saudi Arabia will increase its value-added tax, VAT, from 5 to 15 percent in July, the Finance Ministry said on Monday, as part of...
Saudi Arabia: Property Prices and Rents May Continue Weak Trend
Expats exiting the kingdom following the imposition of expat and dependent taxes; and the white land tax, are exerting downward pressure on sale...
Saudi Arabia Assumes 2020 G20 Presidency
The Kingdom of Saudi Arabia assumes the 2020 G20 Presidency today, 1 December, 2019.
The Saudi G20 Presidency will focus on “Realizing Opportunities...
Dakar Saudi Arabia 2020 Route Details Confirmed as 12 Stages of...
Dakar Rally’s first ever adventure in the Middle East and Asia takes place over 7900km of Saudi desert from 5 to 17 January
Organisers of...
Can Saudi Arabia Still Sway The Oil Market?
Saudi Arabia, the world’s top oil exporter and OPEC's largest producer, has influenced the oil market and oil flows since the middle of the...
Saudi Women on The Road to Vision 2030
The First Saudi Global Forum in Washington D.C. USA highlights the significance of female participation in all aspects of Saudi society
Over the last two...
Double taxation agreement between UAE and Saudi Arabia comes into effect
The agreement enhances integration and cooperation frameworks in tax matters, and consolidation of financial, economic and investment partnership between the two countries
It...
Saudi Arabia Granted 664 Patents in 2017; Double of All Arab...
Saudi Arabia has ranked 23rd among 92 countries in terms of patents granted by the United States Patent and Trademark Office (USPTO) in 2017....
Saudi Economic Transformation ‘Unstoppable’ Says BofA
Saudi Arabia’s economic transformation will be “unstoppable” and there has already been a positive shift in the Kingdom’s business culture, according to a top...
Melania Trump Lands in Saudi Arabia without Headscarf
The first lady of the United States, Melania Trump, today chose to not wear a headscarf upon arriving to Saudi Arabia Saturday. Covering one's...
First All-Women Silicon Valley-like Park Inaugurated in Saudi Arabia
First all women Business & Technology Park was inaugurated earlier this week in the Kingdom of Saudi Arabia. The project is expected to create...
Valued over $1 trillion Saudi Aramco IPO could go global
As part of a privatization drive, Saudi Arabia is considering an IPO of Saudi Aramco, the world’s biggest crude oil producer, deputy crown price...
UAE and Saudi Arabia continues to grow despite lower oil prices
UAE new orders grow, and job creation hit three-month high in May’15
Saudi Arabia’s output and new orders expanded, but the growth rate eased
GCC consumers...