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GCC VAT Overhaul Reshapes Cross-Border Trade Across the Gulf as Businesses Prepare for Stricter Tax Compliance Rules

GCC VAT Overhaul is reshaping regional trade rules as Gulf countries move toward stronger tax coordination. The updated framework will affect companies that move...
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Saudi Arabia Signs $150 Million Fuel Supply Agreement to Support Yemen’s Electricity Sector

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Saudi Contractor MGC Eyes Expansion Through Multi-Billion-Riyal Stock Market Listing

Saudi contractor Mutlaq Al-Ghowairi Contracting Company (MGC) plans to raise between SAR2.6 billion and SAR3 billion ($690 million to $800 million) through its upcoming...
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UK and Gulf Cooperation Council Reach Historic Trade Pact to Improve Market Access

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GCC VAT Overhaul Reshapes Cross-Border Trade Across the Gulf as Businesses Prepare for Stricter Tax Compliance Rules

GCC VAT Overhaul is reshaping regional trade rules as Gulf countries move toward stronger tax coordination. The updated framework will affect companies that move...

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GCC VAT Overhaul Reshapes Cross-Border Trade Across the Gulf as Businesses Prepare for Stricter Tax Compliance Rules

GCC VAT Overhaul is reshaping regional trade rules as Gulf countries move toward stronger tax coordination. The updated framework will affect companies that move...

Saudi Arabia Signs $150 Million Fuel Supply Agreement to Support Yemen’s Electricity Sector

Saudi Arabia and Yemen have signed a $150 million agreement to supply petroleum derivatives for electricity generation, reinforcing efforts to improve power services across...

Saudi Contractor MGC Eyes Expansion Through Multi-Billion-Riyal Stock Market Listing

Saudi contractor Mutlaq Al-Ghowairi Contracting Company (MGC) plans to raise between SAR2.6 billion and SAR3 billion ($690 million to $800 million) through its upcoming...

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Over 10,000 Chinese Travelers Safely Return from Gulf

China successfully coordinated the safe return of more than 10,000 citizens this Tuesday. These travelers arrived from the United Arab Emirates, Oman, and Saudi...

Saudi Job Growth Remains Strong Despite Slower PMI

Saudi job growth remained strong in February, despite a slight slowdown in non-oil sector momentum. Companies continued to hire aggressively and raise wages. The Riyad...

Saudi Trade Surplus Climbs

Saudi trade surplus surged 70 percent in November 2025, reaching SAR22.3 billion ($5.9 billion). The increase reflects strong performance in petroleum exports and rising...

GCC IPO Activity Drops As Saudi, UAE Lead 2025 Listings

GCC IPO activity slowed sharply in 2025, even as Saudi Arabia and the UAE led regional listings. Markets across the Gulf raised far less...

Rising U.S.–Iran Tensions Challenge Gulf Economic Transformation

Escalating tensions between Washington and Tehran have put the Persian Gulf on high alert. In February 2026, President Donald Trump indicated a “locked and...

Saudi Arabia Neom May Transform The Line into AI and Data Hub

The Neom project in Saudi Arabia may undergo a major revision, as reports indicate that The Line, the planned 170-kilometre linear city, could transform...

Saudi Arabia World Bank Partnership Creates Jobs and Economic Opportunities

Saudi World Bank partnership is helping turn policies into real economic opportunities. Furthermore, it supports job creation and human capital development across Saudi Arabia. Dr....

Saudi Arabia Inaugurates King Khalid Airport Terminal 2, Boosting Capacity to 14 Million

King Khalid Airport opened its new Terminal 2, increasing passenger capacity to 14 million annually. The redevelopment completes upgrades for Terminals 1 and 2....

Maaden Raises $1 Billion Through International Sukuk Offering

Saudi Arabia’s Maaden successfully raised $1 billion through a 10-year international sukuk offering, strengthening its financial flexibility. The Maaden sukuk attracted qualified investors from...

Gulf Investors Launch $2 Billion Arbitration Against Pakistan

Saudi and Kuwaiti investors have filed a $2 billion arbitration case against Pakistan over K-Electric, the country’s largest private power utility. The dispute escalates...

Syria Saudi Economic Partnership Strengthens Trade

Syria and Saudi Arabia are working to strengthen economic ties and boost trade cooperation. Officials highlighted the key role of institutional coordination. Alaa al-Ali, chairman...

Saudi Arabia Strengthens Growth With Deep Reforms, IMF Says

Saudi Growth Reforms are fueling economic diversification and private-sector development, according to the International Monetary Fund. In addition, the IMF highlighted that 2026 will...
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