Saudi Ministry of Finance announced the completion of receiving additional investors’ requests for issuance of local sukuk by re-opening its fourth IPO for the second time under Saudi Government local currency sukuk program.
The last initial public offering (IPO) was made in October. The ...
Any institutions with an annual revenue exceeding SR1 million ($266,666) that fail to register at the VAT system before the deadline will face a fine of SR10,000, the General Authority of Zakat and Tax (GAZT) has announced.
The GAZT urged institutions that have not registered yet to do so...
Almajdouie Motors, the exclusive dealer for Changan cars in Saudi Arabia, participated in the 39th session of the Saudi International Motor Show, which was held in Jeddah on December 17-21, 2017, where the company showcased Changan line up of automobiles available in the Saudi...
The 2018 edition of Gulfood, the world’s largest annual food and beverage trade event and the first major international food industry trade show of the year, will further strengthen the UAE’s lead role in setting the global food agenda, according to the exhibition organisers, Dubai...
The Track, Meydan Golf is celebrating for a second year running after being named the Middle East's Best 9 Hole Golf Course 2017 at the ‘World Golf Awards’ that took place recently in Spain. Nominated against three other venues, The Track, Meydan Golf was the stand out winner,...
Bab Al Shams Desert Resort & Spa recently participated to the very-much anticipated “Clean Up UAE 2017” campaign held by Emirates Environmental Group (EEG) under the patronage of HE Sultan Al Mansouri, Minister of Economy.
Together with a number of organisations...
Crown Prince Muhammad Bin Salman, deputy prime minister and minister of defense, is the first Saudi youth leader who has been gaining worldwide attention.
Charismatic, ambitious and bold, Prince Muhammad is known for taking fast-paced steps not only in politics and economic affairs, but also...
The Saudi Commission of Tourism and National Heritage (SCTH) announced on Saturday that more than 200,000 visitors enjoyed 42 various tourist activities and functions in the Riyadh region in 2017, while some 40,000 students took part in 33 school trips.
Abdul Aziz Al-Hasan, director of SCTH,...
The King Salman Humanitarian Aid and Relief Center (KSRelief) has implemented 257 projects since its establishment in 2015, via 119 local and international partnerships, at a cost of more than $895 million, its general supervisor said on Saturday.
There have been 166 projects allocated to...
Saudi Arabia announced on Friday that passengers traveling on its airlines to the United Kingdom would once again be allowed to carry on electronic devices, reversing a ban put in place earlier this year for security reasons.
Passengers will be able to use laptops and tablets in...