Tag: Saudi Arabia Business News
GESALO’s presence solidifies Saudi-Germany business relations
German Saudi Arabian Liaison Office for Economic Affairs (GESALO) has had an important role in enhancing the trading relationship between Germany and Saudi Arabia,...
No more 15% tax on real estate deals; Saudi Arabia proposes...
The Saudi Arabian government has decided to revoke the existing blanket Value Added Tax (VAT) of 15 percent imposed on real estate deals and...
Saudi Fund signs $43bn deal to boost tourism sector
Saudi Arabia’s Tourism Development Fund signed an agreement with regional banks to finance up to $43 billion of tourism projects in the country.
An agreement...
Marquee Artificial Intelligence summit GAIS to be held virtually in October
Saudi Arabia is all prepared to host the Global Artificial Intelligence Summit (GAIS) with the theme, “AI for the Good of Humanity”, from October...
Saudi tourism upbeat on a quick recovery in 2021
Despite the critical situation of pandemic Saudi Arabia has not yet altered its tourist target for 2021 with a strong belief of the Kingdom...
Additional price preference initiative launched by Saudi LCGPA for local products
The Local Content and Government Procurement Authority (LCGPA) in Saudi Arabia has unveiled an additional price preference initiative to support 208 national products in...
Get free eCommerce portal with registration; New Saudi initiative revealed
Saudi Arabian government has launched a new initiative to promote regional entrepreneurs and owners of small and medium-sized enterprises (SMEs) by providing them with...
Saudi Arabia invests to strengthen the regional agricultural sector
Saudi Arabia's Agricultural Development Fund (ADF) has sanctioned loans and banking services worth more than $221 million (SR820 billion) to boost the country's agriculture...
