Tag: Economy
Saudi Arabia to pay VAT for a few activities following rate...
Saudi Arabia's General Authority for Zakat and Income (GAZT) has stated that the Kingdom's government will pay value-added tax (VAT) on three services and...
WTO needs urgent change; Saudi T20 Group, Offers 8 Recommendations
Saudi Arabia's Think20 (T20), the region's engagement group which makes suggestions to the Great 20 nations group (G20) has proposed for an immediate and...
UAE responds fastly; 4,201 new business registered in June 2020
According to figures from the Ministry of Economy's National Economic Registry, the total number of business licenses issued across the country in June 2020...
World Bank gives $750 mln loan to Indian MSMEs hit by...
The World Bank has extended a $750 million loan to Indian Micro, Small and Medium Enterprises (MSMEs) which are severely hit by the COVID-19...
Shiekh Hamdan concludes Dubai 10X Phase 1; Spearheads Phase 2
H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive Council, and Chairman of the Board...
APEC goes Virtual: NewZealand to host the 21 nation summit digitally
New Zealand, the host of next year's Asia-Pacific Economic Cooperation (APEC) summit will utilize virtual digital platforms to conduct the event citing prevalent uncertainties...
More relaxations in Qatar from July 1; COVID-19 Infections pass peak...
Qatar is looking to ease more of its curbs put in place to avoid the spread of COVID-19. The authorities informed that the nation...
UAE moves to 60%; Malls and Restaurants permitted to increase capacity
UAE's Ministry of Health and Prevention (MoHaP) and the National Emergency Crisis and Disaster Management Authority (NCEMA), have increased the capacity of shoppers and...
