Saudi Arabia Broadens The Scope to Include Undeveloped Properties and Increases The Undeveloped Land Tax to 10%
JEDDAH: As part of changes authorised by the Cabinet to address market imbalances, Saudi Arabia increased the yearly tax on undeveloped...
Net FDI in Saudi Arabia Increased 26%: GASTAT
RIYADH: According to recently disclosed government figures, net foreign direct investment into Saudi Arabia increased by 26% from the...
Saudi Arabia Imposes an Annual Penalty on Unoccupied Homes and Increases The White Land Tax to 10%
RIYADH — The White property Tax Law in Saudi Arabia has been amended to increase the yearly fee on undeveloped property from 2.5% to 10%...
The Interior Ministry Affirms That Anyone Who Violate The Rules Governing Hajj Permits Will Face Harsh Punishment
JEDDAH— Those who are discovered entering or remaining in Makkah and the holy sites to conduct Hajj without a permit after entering the...
By 2030, Chinese Automakers Will Account For 34% of The MEA Market, According to AlixPartners
RIYADH: According to a research, Chinese automakers are predicted to increase their market share from 10 percent in 2024 to 34 percent in...
In a “Significant Milestone” For Arab Space Cooperation, The UAE and Egypt Sign an MOU
DUBAI: Emirati authorities called the signing of a memorandum of understanding between Egypt and the United Arab Emirates to increase...
In Q1, The GCC’s Portion of Emerging-Market Dollar Debt Increased to 35%
RIYADH: According to a recent analysis, the Gulf Cooperation Council nations made up more than 35 percent of all emerging-market US dollar...
At a Commercial Event, Saudi Arabia and Italy Deepen Their Relationship
Turin: The Saudi-Italian corporate Forum, which brought together politicians, corporate executives, and specialists from both nations, came...
Hajj 2025: Pilgrims, Take Note! Saudi Arabia Will Punish These Infractions ₹4.5 Lakh
Hajj 2025: Penalties have been issued by Saudi Arabia’s Ministry of Interior for anyone who break the rules needing a permission to...
Palestinians in Gaza Receive 390,000 Loaves Every Week from a Jordanian Mobile Bakery
LONDON: As Israel maintains a blockade that has kept aid from reaching the Gaza Strip since mid-March, a Jordanian mobile bakery is...
