Government | Thursday 8 February, 2018 5:20 am

WGS 2018: Sixth World Government Summit will help ‘find solutions to the most important issues’ facing our world today

Under the patronage of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, the sixth edition of the World Government Summit (WGS 2018) will get underway next week. A strong line-up including government representatives, dignitaries and ...

More Details

Government | Thursday 8 February, 2018 5:17 am

Saudi Shoura allows 40-hour working week in localized jobs

The Shoura Council has approved a recommendation for the reduction of working hours to at least 40 hours a week, with one additional paid day for employees working in activities targeted for localization. The decision came on Wednesday after members deliberated on a report from the House...

More Details

Government | Thursday 8 February, 2018 1:25 am

Camel race, operetta mark the opening of Janadriya festival

Custodian of the Two Holy Mosques King Salman opened the 32nd National Festival for Heritage and Culture at the Janadriya village near Riyadh on Wednesday. Upon arrival at the venue of the festival, the King was received by Minister of National Guard and Chairman of the Supreme Committee for ...

More Details

Government | Wednesday 7 February, 2018 9:27 pm

King opens MiSK Charity, India pavilions

Custodian of the Two Holy Mosques King Salman inaugurated the pavilions of MiSK Charity, Ministry of Energy and Industry and Mineral Resources as well as that of India, the guest of honor country, at the Janadriya village near Riyadh on Wednesday evening. Upon arrival at the pavilion of MiSK ...

More Details

Government | Wednesday 7 February, 2018 5:00 am

Prince Khaled announces SR14.6bn projects in Taif, Moya and Misan

Makkah Gov. Prince Khaled Al-Faisal has unveiled projects in Taif, Moya and Misan Provinces, with an estimated cost of more than SR14.6 billion ($3.9 million). Addressing the local councils of Taif, Moya and Misan provinces, Prince Khaled thanked King Salman and Crown Prince Mohammed bin Salman...

More Details

Government | Tuesday 6 February, 2018 6:43 am

60% of Saudi families may own homes by 2020

Some 60% of Saudi families may own homes by 2020 and 70% by 2030 as per the Eskan (Housing) program launched in Riyadh by 16 government directorates. The program will provide affordable and suitable housing units, facilitate housing loans for citizens, update and improve housing policies and...

More Details

Government | Tuesday 6 February, 2018 12:22 am

Saudi Arabian authorities announce SR120bn mortgage market plan

Saudi Arabian authorities announced plans on Monday to spend SR120 billion ($32 billion) on subsidized home loans for borrowers in a bid to expand the private sector role in the mortgage market, according to a report from Bloomberg. The program also includes SR18 billion loan-guarantee...

More Details

Government | Monday 5 February, 2018 10:51 am

‘Protectors of the Nation: Generosity and Sacrifice’ Exhibition at Etihad Museum Highlights the UAE Armed Forces’ International Efforts in Peacekeeping

At the ‘Protectors of the Nation: Generosity and Sacrifice’ exhibition, which is currently being held at the Etihad Museum, the ‘International Missions’ section highlights the many tasks that the UAE Armed Forces have accomplished around the world.   The UAE Armed ...

More Details

Government | Sunday 4 February, 2018 1:46 am

7 VAT guidelines issued

The General Authority of Zakat and Tax (GAZT) has issued seven guidelines for various sectors related to tax transactions and implementation. The objective is to help value-added tax (VAT) registered companies. The guidelines cover the real estate, transport, healthcare, digital...

More Details

Government | Saturday 3 February, 2018 5:36 pm

Saudi crown prince named the ‘most powerful leader in Middle East’

With Saudi Arabia embarking on the ambitious NEOM project, recent reports highlighting discussions on creating a technology hub in the kingdom have turned the spotlight on Saudi Crown Prince Muhammad Bin Salman’s growing stature in the Middle East.   The hub would be established in ...

More Details