Business & Money | Friday 23 December, 2016 5:19 am

No tax for citizens, expats

Minister of Finance Mohammed Al-Jadaan said that there won’t be any tax on Saudi citizens or expatriates or any Saudi companies. Al-Jadaan also announced the launch of the 2020 fiscal balance program and the Citizen’s Account initiative. The minister was addressing a press...

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Business & Money | Friday 23 December, 2016 5:07 am

Saudi budget signals economic recovery, say economists

Saudi Arabia’s 2017 budget and spending boost announced Thursday suggests its finances are on the road to recovery, economists said, although one forecast that austerity measures would return. The oil price crash plunged the Kingdom’s budget into the red, recording a severe deficit of...

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Business & Money | Friday 23 December, 2016 3:26 am

The Saudi TASNEE is Platinum Sponsor of ArabPlast 2017 in Dubai

Tasnee, the leading industrial company in Saudi Arabia, is the platinum sponsor of ArabPlast Show to be held from 8th to 10th of January 2017 at the Dubai Exhibition and convention Centre. Co-organised by Al Fajer Information and Services and German exhibition organiser Messe Dusseldorf,...

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Business & Money | Friday 23 December, 2016 3:18 am

Dubai Police Unveils ‘Crime Prediction’ Software

Space Imaging Middle East (SIME) is pleased to announce that Crime Prediction- its latest predictive policing software- has been successfully launched by the Dubai Police force.   The software, which is the first of its kind in the region, was developed in support of the UAE’s...

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Business & Money | Thursday 22 December, 2016 2:40 pm

Sheikh Ahmed: Dubai has successfully transformed innovation into a working culture in the government

Highness Sheikh Ahmed bin Saeed Al Maktoum, President of Dubai Civil Aviation Authority (DCAA) and Chairman of Dubai Airports, said Dubai has successfully transformed innovation into a working culture in the government and a daily practice. Sheikh Ahmed, who is also the Chairman and Chief...

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Business & Money | Thursday 22 December, 2016 2:00 pm

Bupa Arabia honors Al-Diyar United Co. Ltd in appreciation of its distinct strategic partnership

Bupa Arabia for cooperative insurance, the largest healthcare company in the Kingdom, honoured Al-Diyar United Co. Ltd in recognition for its continuous distinct partnership. Through this 16 year old prosperous partnership, Bupa Arabia was able to provide the best and finest quality healthcare...

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Business & Money | Thursday 22 December, 2016 12:51 pm

Dell EMC 2017 Predictions

By Jeff Clarke, Vice Chairman, Operations and President of Client Solutions, Dell   If you could predict the future, how would you do things differently? According to the Digital Business study conducted by Dell Technologies across 16 countries which include UAE and Saudi Arabia, 66%...

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Business & Money | Thursday 22 December, 2016 8:09 am

Growing demand for accredited Executive Coaches in Saudi

As more companies in Saudi Arabia invest in building effective leaders, Ashridge Executive Education reports a growing demand for third party certified Executive Coaches. An accredited Executive Coach is certified to work with leaders, executives, managers, business owners and other professionals...

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Business & Money | Thursday 22 December, 2016 5:51 am

Saudi budget to be announced today

Saudi Arabia will today unveil its annual budget statement, which is expected to outline a series of tough measures designed to put the Kingdom on the road to achieving financial balance by 2020. Subsidy cuts, rationalized spending and new fees for expatriate workers are three key moves expected...

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Business & Money | Thursday 22 December, 2016 3:54 am

MLSD, GaStat sign agreement to develop employment data

The Ministry of Labor and Social Development (MLSD) signed on Monday a memorandum of understanding with the General Authority for Statistics (GaStat) to develop various statistical products relating to manpower, social development and establishments as well as to maintain exchange of data. The...

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