Saudi Arabia's Crown Prince Mohammed bin Salman held talks with Japanese Prime Minister Fumio Kishida at Al-Salam Palace in Jeddah. The Crown Prince held an official reception ceremony for the Japanese premier. Saudi Arabia seeks to boost cooperation...
The Saudi Standards, Metrology and Quality Organization (SASO) announced plan to increase the ratio of car periodic technical inspection by 242% after licensing more private companies in this field. SASO’s vehicle safety center plan eyes 113 specialized centers across...
The Zakat, Tax and Customs Authority (ZATCA) stated that the total number of companies and individuals registered for value-added tax (VAT) reached 41,4500, Al Eqtisadiah newspaper reported. The authority indicated that it is committed to applying the tax regulations, including...
Saudi Arabia’s Ministry of Commerce issued 35,310 e-commercial registers during Q2 2023, an increase of 21% compared to 29,010 in the same period a year earlier. Meanwhile, total commercial registers amounted to 56,360 during the three-month period, the ministry said in its...
The recently approved Real Estate Contribution Law will contribute to increasing the supply of commercial and residential real estate products, given that it is a new financing and investment channel for real estate developers, said Abdullah Alhammad, CEO of Real Estate General Authority...
The Japanese Consulate in Dubai expressed appreciation for Dubai Customs and its role in collaborating with international customs authorities and organizations to combat drug smuggling across borders. His Excellency Noboru Sekiguchi, the Consul General of Japan in Dubai, conveyed his gratitude to...
The Public Investment Fund (PIF) signed a memorandum of understanding (MoU) with ENGIE for the joint development of green hydrogen projects and its derivatives in Saudi Arabia. The MoU aims to explore opportunities that contribute to driving the energy transition in the Kingdom in...
The Public Investment Fund (PIF) remained in the sixth position among the world’s largest sovereign wealth funds (SWFs), after its net assets rose to $700 billion (SAR 2.635 trillion), recent data from SWF Institute showed. PIF's assets rose by $50 billion, compared to $650 billion in...
Saudi Arabia’s Minister of Municipal, Rural Affairs, and Housing, Majed Al Hogail, unveiled leadership directives that all the Kingdom’s cities shall have a clear urban identity. In an interview with Al-Arabiya TV, Al Hogail stated that works are in the pipeline under the supervision of...
His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice -President and Prime Minister of the UAE and Ruler of Dubai, today launched the International Programme for Government Directors to train and qualify government administrative competencies.The programme seeks to build knowledge bridges with...