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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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China-Saudi Partnership Expands Strategic Cooperation

China pledged to be Saudi Arabia’s most trustworthy partner in national development during a high-level meeting on December 15, 2025. The China-Saudi partnership will...

Saudi Smart Grid Conference 2025 Drives Energy Innovation

Saudi Arabia is hosting the Smart Grid Conference 2025, a major event promoting energy innovation and sustainability. The conference runs from December 15 to...

Samba Bank Launches Saudi-Pakistan Business Gateway in Islamabad

Samba Bank Limited Pakistan, has launched a new Saudi-focused business platform in Islamabad, marking a significant step in strengthening economic cooperation between Pakistan and...

AI Aviation Future Drives Riyadh Air Vision

AI aviation future shaped a major milestone this week as Riyadh Air and IBM revealed the world’s first airline designed as a fully AI-native...

Development Finance MOMENTUM 2025 Drives Saudi Growth

Development Finance MOMENTUM 2025 opened in Riyadh under the patronage of Prince Mohammed bin Salman, emphasizing Saudi Arabia’s commitment to sustainable economic growth. Furthermore,...

Non-Oil Growth Drives Saudi Economic Expansion

Saudi Arabia’s economy posts robust real growth of 4.8% in the third quarter of 2025. Non-Oil Growth drives led the expansion, reflecting the Kingdom’s...

Saudi Arabia Boosts GCC Industrial Growth with Customs Duty Exemptions

Saudi Arabia approved a new law to boost industrial development across GCC member states. The law exempts industrial projects from customs duties on imports...

Doha Riyadh Rail to Slash Travel Time

Qatar and Saudi Arabia launched a High-Speed Rail project to link Doha and Riyadh efficiently. As a result, travel time will drop to only...

Saudi Bahrain Investment Agreement Strengthens Strategic Cooperation

The Saudi Bahraini Investment Company (SBIC) and Bahrain Mumtalakat Holding Company (Mumtalakat) signed a Strategic Investment Cooperation agreement to expand investment opportunities across both...

Saudi Spending to Continue in 2026 Budget Plans

Saudi Arabia will continue its expansionary Saudi spending in 2026, Finance Minister Mohammed Al-Jadaan announced at a Riyadh press conference. Consequently, the government aims...

Regional Economic Alignment Drives Oman–Saudi Trade

Oman and Saudi Arabia reinforced their collaboration during the latest Coordination Committee meeting in Riyadh, focusing on regional economic alignment. The session evaluated completed...

Financial Security Strengthens as Saudi Arabia and Kuwait Boost Cooperation

Saudi Arabia and Kuwait have strengthened efforts to boost financial security through a new agreement. Consequently, collaboration against money laundering and terrorism financing has...
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