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COMMERCIAL NEWS

Saudi economy is solid, can deal with deficit

May 24, 2020 2:08 PM

Saudi Arabia s finance minister Mohammed al Jadaan said on Sunday that the kingdom s economy is solid and has the ability to deal with the coronavirus crisis despite the need to cut spending . The Saudi...

MORE COMMERCIAL NEWS

Saudi Arabia grants 348 foreign investor licenses in Q1 May 21, 2020 7:09 AM

The Ministry of Investment of Saudi Arabia (MISA) has reported 348...

Mastercard vows to add 1bn people, 50m small units to digital economy May 18, 2020 3:09 PM

The health and economic consequences of Covid-19 have highlighted...

KSA climbs to 10th position globally in internet speed May 17, 2020 1:25 PM

The Kingdom of Saudi Arabia jumped to the 10th position globally...

Saudi Arabia hikes VAT to 15% from July May 11, 2020 9:35 AM

Saudi Arabia will triple its value added tax (VAT) from 5% to 15%...

Saudi Tabadul opens e-platform for bank guarantee service May 9, 2020 5:48 PM

Saudi Company for Exchanging Digital Information (Tabadul) a subsidiary...

Saudi consumer spending set to drop in 2020: report May 20, 2020 8:54 AM

Saudi consumer spending is expected to decrease in 2020 mainly due...

Saudis on buying spree; snap up $7.7bn stakes in top firms May 17, 2020 6:41 PM

Saudi Arabia s sovereign wealth fund PIF has gone bargain hunting...

SAP becomes Saudi Arabia's first Level-3 cloud service provider May 11, 2020 11:42 AM

SAP today announced that the Communications and Information Technology...

Saudi Arabia ranks 4th in 5G technology May 10, 2020 9:25 AM

Saudi Arabia (KSA) ranks fourth in the world in terms of 5G technology...

Saudi Arabia vows pegging riyal to US dollar May 6, 2020 6:57 AM

Saudi Arabian Monetary Authority (SAMA) has affirmed its commitment...

Saudi Arabia: pressured but adequately buffered May 4, 2020 10:48 AM

Despite the twin shocks of steep fall in oil price and the Covid-19...

Saudi banks need to accelerate digital transformation: KPMG Apr 26, 2020 3:29 PM

Banks in Saudi Arabia have to revisit their digital transformation...

Saudi Arabia has capacity to deal with crisis: minister Apr 23, 2020 10:29 PM

Saudi Arabia has the capacity to deal with the coronavirus crisis...

Saudi Arabia sees 22pc fall in Q1 revenue: report Apr 30, 2020 8:54 AM

Saudi Arabia has announced its first quarter (Q1) fiscal budget...

Saudi ministry holds webinars to back investment Apr 24, 2020 12:54 AM

The Ministry of Investment of Saudi Arabia (MISA) has announced...

GCC records 3,067 Covid-19 cyber-attacks Apr 21, 2020 10:16 AM

The Gulf Cooperation Council (GCC) countries have recorded 3 067...

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