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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 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...

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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Beyond Profit Forum Drives Global Nonprofit Innovation in Riyadh

The Beyond Profit Forum convened in Riyadh, bringing global leaders together to shape the future of the non-profit sector. Moreover, the event highlighted innovative...

US and Saudi Investment Relations Highlighted During Washington Summit

US and Saudi investment relations will take center stage in Washington on 19 November. Consequently, the summit coincides with Crown Prince Mohammed bin Salman’s...

Saudi Financial Collaboration Strengthened by State Street Albilad Partnership

State Street and Albilad Capital have signed a strategic agreement to strengthen Saudi financial collaboration and advance investment services across the Kingdom. Consequently, the...

Saudi Oil Power Faces Economic Strain and Strategic Shifts in US Ties

Saudi oil power is showing signs of strain, raising questions about its longstanding ties with the United States. The kingdom now faces financial pressure...

Growth Strengthens in Saudi Arabia’s Non-Oil Economy in October

Saudi Arabia’s non-oil growth surged in October, marking its second-strongest performance in over a decade. The Riyad Bank and S&P Global Purchasing Managers’ Index climbed to...

Trade Agreements: UK Secures £6.4 Billion in Saudi Deals

Britain secured £6.4 billion in trade agreements with Saudi Arabia after Finance Minister Rachel Reeves visited Riyadh to strengthen economic ties with Gulf nations....

UAE’s Qashio Acquires Saudi Sanad Cash to Expand Regional Fintech Footprint

Qashio, the UAE’s leading corporate spend management platform, has acquired Sanad Cash. Sanad Cash is one of Saudi Arabia’s first and most established expense...

Saudi Arabia Surpasses Cashless Target, Driving Rapid Fintech Growth

Saudi Arabia has reached a significant milestone in financial modernization, achieving a 79 percent cashless transaction rate in 2024. This exceeds the country’s 2025...

MENA Bond Market Hits $125.9 Billion in 2025 Led by Saudi Arabia

MENA bond activity surged to $125.9 billion in the first nine months of 2025, rising 20 percent year-on-year. This growth reflects strong investor demand,...

Persuasive Brands Lead Consumer Choices in Saudi Arabia

Persuasive brands continue to shape consumer behavior in Saudi Arabia, with Saudia, Alrajhi Bank, and Albaik leading the market. The latest consumer analysis revealed...

Investment Pakistan Saudi Arabia Strengthen Economic Ties

Pakistan and Saudi Arabia have agreed to boost cooperation in trade and investment during a high-level meeting of the Saudi-Pakistan Joint Business Council in...

Saudi PIF Green Bond Attracts €6.5 Billion in Demand

The Public Investment Fund’s eco-bond has drawn strong global investor interest, with total orders exceeding €6.5 billion. The PIF launched the euro-denominated dual-tranche green debt to...