SAUDI ARABIA SHOULD INCREASE VAT TO 10 PERCENTAGE SAYS IMF

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,...

ARAMCO ANNOUNCES REVIEW OF FUEL PRICES FOR APRIL-JUNE 2019

Saudi Aramco has announced fuel prices for the second quarter of 2019. The new prices will be affected...

SAUDI ARAMCO IS THE MOST PROFITABLE COMPANY ON EARTH

The Saudi state-run oil giant has been keeping its revenues quiet for many years. But recently, Saudi Aramco opened its books, revealing...

WORLD’S LARGEST CITY PARK TO BE BUILT IN RIYADH

The world's largest city park is coming to the Saudi capital Riyadh. King Salman Park is part of a recently announced $23...

SAUDI AIRSHOW BEGINS TOMORROW

The first Saudi International Airshow is set to take place at Al-Thumamah Airport in Riyadh under the patronage of Prince Faisal Bin...

80% OF EXPAT LEVY TO BE RETURNED TO NEW SMALL AND MEDIUM ENTERPRISES

Saudi Arabia has decided to refund 80% of expat levy collected from the new Small and Medium scale Establishments, through Monshaat Small and Medium...

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