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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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Saudi Vision 2030 Progress Reviewed as Council Examines Economic Reports

Vision 2030 progress took center stage as the Council of Economic and Development Affairs met to review a wide set of economic and strategic...

Audi Capital MENA Art Fund Drives Cultural Investment Growth

Audi Capital Fund officially launched in Riyadh, introducing a first-of-its-kind investment vehicle for Saudi Arabia’s cultural economy. Consequently, the fund aims to position art...

Saudi FDI Grows as Economy Diversifies

Saudi FDI climbed sharply in the second quarter of 2025, underscoring the Kingdom’s appeal for long-term global investors. Net inflows rose 14.5 percent year...

Legal Systems and AI Shape Saudi Law Conference

Legal systems will dominate discussions in Riyadh on September 28-29 during the seventh Saudi Law Conference. Moreover, the event marks a significant step in...

E-Commerce Growth Drives Saudi Digital Spending

Saudi Arabia’s e-commerce growth surged dramatically in July, reaching SR29.86 billion ($7.96 billion) in spending via mada cards. This represents a 79.45 percent increase...

Saudi Debt Deal Raises $3 Billion

Saudi Aramco successfully raised $3 billion through a strategic debt issuance, attracting strong interest from global investors. The two-tranche offering, listed on the London...

Saudi Private Aviation Expands With Vision 2030

Saudi private aviation is gaining momentum as the Kingdom opens its skies to foreign competition. Industry experts say liberalised domestic routes are encouraging operators...

Saudi Arabia and New Zealand Boost Trade with $100 Million Deals

The Trade between Saudi Arabia and New Zealand has strengthened with $100 million in new commercial deals. These agreements immediately highlight both countries’ commitment...

Tamara Financing Deal Secures $2.4 Billion To Boost Growth

Tamara financing deal has marked a major milestone for Saudi Arabia’s leading buy-now-pay-later platform. The company announced an asset-backed financing facility worth up to...

Saudi Digital Payments Grow With Google Pay Launch

Saudi digital payments are entering a new phase as Google Pay prepares to launch across the Kingdom. Moreover, the Saudi Central Bank, known as...

Saudi Stock Market Ends Lower as Zain KSA Signs Financing Deal

The Saudi stock market closed marginally lower, reflecting cautious investor sentiment despite several upbeat corporate announcements. The Tadawul All Share Index declined 6.92 points,...

Saudi Arabia Sukuk Issuance Soars as Banks Bridge Liquidity Gap

Saudi banks are experiencing an unprecedented surge in sukuk issuance this year. From January through mid-September, volumes reached $10.5 billion, nearly doubling last year’s...
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