5,212 VAT Violations Against Non-compliant Businesses Noted
The General Authority of Zakat and Tax (GAZT) has stepped up its value-added tax (VAT) inspections in the build-up to Ramadan with its accompanying rise in trade.
The GAZT confirmed that it has iss...
May 14, 20181197Category: BUSINESS
Qiddiya Investment Company Established As Standalone Company
Qiddiya, the entertainment, sport and cultural destination being built 40 kilometers outside Riyadh, has officially been incorporated as a standalone company as the Qiddiya Investment Company (QIC).
...
May 22, 20181416Category: BUSINESS
Riyadh Chamber Launches Free Program To Train 1,000 Saudi Youth
Riyadh Chamber of Commerce and Industry is launching a free training program for a thousand Saudi Arabian nationals of both genders in the field of digital marketing, the Saudi Press Agency reported o...
May 22, 20181402Category: BUSINESS
More Than 50 Pc Of Traders Are Unaware Of Trademark Registration
About 51 percent of the 4,287 participants in a study conducted by the Ministry of Commerce and Investment did not know the advantages of registering their trade brands in the Ministry of Commerce. Wh...
May 26, 20181221Category: BUSINESS
Local Businesses Struggle With Replacing Foreign Workers With Locals
The Mobile Market Center is a popular place in Riyadh for anyone who needs computer accessories or help with a cellphone. The two-story mall, next to a busy thoroughfare in the Saudi capital city, has...
May 30, 20181347Category: BUSINESS
7 Saudi Firms On Forbes List Of Largest Public Companies
Seven Saudi companies figure on the annual list of Forbes Global 2000: the world’s largest public companies.
The seven Saudi companies are Sabic, Saudi Electricity, Saudi Telecom, Saudi Briti...
June 10, 20182140Category: BUSINESS
Peace Without Borders Announces First Saudi Peace Ambassador
The global organization Peace Without Borders has chosen Dr. Sumaya Al-Nasser to be the first Saudi ambassador for peace. She is a distinguished Saudi life coach and businesswoman with long experience...
June 14, 20181049Category: BUSINESS
Laura Ashley Said To Eye Saudi Arabia For Hotel Expansion
Laura Ashley, the UK-based brand famous for its fabrics, designs and homeware, is targeting Saudi Arabia as part of an expansion plan for its fledgling hotels business.
Laura Ashley Hotels, which c...
June 19, 20181284Category: BUSINESS
Saudi Arabia Kicked Off The Sale Of Its Flour Mills
Saudi Arabia on Thursday kicked off the sale of its flour mills, one of the first privatisations of the kingdom and a litmus test for other large state asset sales to follow.
Saudi’s state gr...
July 01, 20181252Category: BUSINESS
Saudi Women Started To See The Unlimited Potential In All Business Areas
One of the social stereotypes in Saudi society is that female entrepreneurs should work only in the beauty or fashion sectors owing to Saudi women’s huge awareness of the latest fashion trends a...
July 05, 2018687Category: BUSINESS
IMF Raises Saudi Growth Forecast On Higher Oil Prices
The International Monetary Fund on Monday raised its growth forecast for the world’s top crude exporter Saudi Arabia, citing higher oil prices.
In its World Economic Outlook update, the IMF sai...
July 17, 2018549Category: BUSINESS
Sudan Opens First Visa Application Center In Saudi Arabia KSA Business
The Embassy of Sudan in Saudi Arabia today announced the opening of its first visa application centre in Riyadh in partnership with VFS Global, an outsourcing and technology services specialist for go...
July 18, 2018774Category: BUSINESS
Kingdom Awards 300m Dollor Housing Contract To Turkey
Saudi Arabia’s oil company, Aramco, has awarded a $300 million housing construction project to a Turkish company.
Turkey’s Kolin construction company is to work on Aramco’s housin...
August 04, 2018520Category: BUSINESS
Saudi Tourism Authority To Inaugurate Youth Business Projects In Jeddah
The Saudi Commission for Tourism & National Heritage (SCTH) in Makkah will inaugurate on Sunday a tourist accommodation project for young business people, supported by the Social Development Bank ...
August 12, 2018458Category: BUSINESS
First Saudi Online Retailer Specializing In Cosmetics And Beauty Products
Good timing and sound business sense have been the key to the success of Nice-one, the first Saudi online retailer specializing in cosmetics and beauty products.
Since it was founded on Jan. 1, 201...
September 11, 2018612Category: BUSINESS
Saudi Arabia’s Intellectual Property Chief Meets With Business Owners
A meeting has been held between Saudi Arabia’s Authority for Intellectual Property and the Kingdom’s business sector, in a bid to strengthen their ongoing partnership.
The Executive Chair...
September 12, 20181020Category: BUSINESS
Performance Monitor Aims To Boost Transparency In Saudi National Projects
One of the major reform projects of the Kingdom’s Vision 2030 is Adaa — the National Center for Performance Measurement.
Adaa is tasked with performance measurement and enablement of gove...
September 23, 2018475Category: BUSINESS
Qatar's Top Diplomat Says Gulf Crisis At A Stalemate
Qatar's Foreign Minister Sheikh Mohammed bin Abdulrahman Al Thani has declared that the Gulf crisis remains at a "stalemate", adding that the Gulf Cooperation Council (GCC) is currently ...
September 30, 2018618Category: BUSINESS
Saudi Arabia, Kuwait, UAE To Sign 10 Billion Dollor Bahrain Aid Deal
Saudi Arabia, Kuwait and the United Arab Emirates will soon sign an agreement to provide up to $10 billion of financial support to Bahrain, Kuwait's Al Rai newspaper said on Thursday, quoting an u...
October 06, 2018649Category: BUSINESS