EXPAT REMITTANCES FELL 8 PERCENT IN 2019
Expat remittance outflows in Saudi Arabia dropped, for the 4th year in a row, by 8 percent year-on-year (YoY) to SR 125.5...
AVERAGE SALARIES IN SAUDI ARABIA EXPECTED TO INCREASE BY 4.5% IN 2020: MERCER
Average salaries in Saudi Arabia are expected to increase by 4.5% in 2020, global consultancy firm Mercer said in its latest survey.
SAMA WITHDRAWS RIYAL CURRENCY NOTE FROM CIRCULATION
The Saudi Arabian Monetary Authority (SAMA) plans to withdraw one Riyal currency note from circulation and replace it with Riyal coins, Al...
ARAMCO CUTS DOMESTIC PETROL PRICES FOR FOURTH QUARTER
Saudi Aramco has announced reduced domestic fuel prices starting from October 20, 2019, the Saudi Press Agency (SPA) reported.
SAUDI ARABIA TO INVEST USD 100 BILLION IN INDIA
Saudi Arabia is looking at investing USD 100 billion in India in areas of petrochemicals, infrastructure and mining, among others, considering the...
KSA SHOULD CONSIDER RISING VAT TO 10%: IMF
Saudi Arabia should consider raising the value added tax (VAT) to 10% from the current 5%, the International Monetary Fund (IMF) said,...
