Foreign workers in Saudi Arabia started to contribute for their dependants, as expatriates pay taxes for the first time in many years. Foreigners working in Saudi Arabia started to pay taxes for dependents this month, [ More … ]
Saudi Arabia and the US enjoy “common ground on economic issues as well as foreign policy issues,” which strengthens bilateral relations and is good for public expectations, said Todd Buchholz, a Harvard economist and former [ More … ]
Saudi Aramco’s tax bill will be chopped significantly, as the government looks to encourage investors to the state-owned company. Saudi Arabia energy giant Aramco will benefit from a huge tax cut from the government, as [ More … ]
Under its Vision 2030, Saudi Arabia is determined to boost economic partnership with Morocco, particularly by increasing the volume of Direct Foreign investment, said Mohamed Fahd Al Ahmadim Head of Moroccan-Saudi Council of Business. The [ More … ]
Saudi Arabia will introduce new taxes on products such as tobacco and sugary drinks in an attempt to increase government revenue and wean its economy off oil. The kingdom unveiled more details about its ambitious [ More … ]
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