SAUDI EXPAT REMITTANCES FELL

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 Salary in Saudi Arabia Expected to Increase by 2.5% in 2020

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 NOTE

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...
Saudi Fuel Prices 2019

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.
INDIA-SAUDI ARABIA

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...
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,...

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