A Teacher Received 13k Gift From Husband During Working Hours

A Saudi husband in Asir region decided to surprise his wife, who works as a school teacher, by sending her a 13,000 riyals gift...

Banque Saudi Fransi Faces Fine Over Regulatory Violations

Banque Saudi Fransi faces financial penalties over irregularities in an employee incentive programme, Saudi Arabia’s central bank SAMA said on Thursday. It did not specify...

All Insurance Payments Only Through Electronic Channels -Sama

Saudi Arabian Monetary Authority (SAMA), the Kingdom’s central bank and insurance market regulator, has ordered all insurers to settle payments related to insurance and...

Saudi Arabia 2017 Salary Increases Highest in the Region

Saudi Arabia continues to lead the region in salary increases, according to a GCC-wide survey of 600 multi-national companies and locally-owned conglomerates by Aon...

New Fuel Prices From January 1

The General authority of Zakat and Tax informed that the standard Value Added Tax (VAT) of five percent will be applied to purchasing petrol...

Saudi Arabia’s 3rd Quarter Revenue Rise by 11%, Budget Deficit Fell 9.4%

Saudi Arabia’s third-quarter budget deficit fell 9.4 percent compared with last year, according to figures from the Ministry of Finance, as increased tax and...