Government | Wednesday 24 January, 2018 5:58 am

First VAT returns to be filed before February end: GAZT

The General Authority for Zakat and Tax (GAZT) has reminded all enterprises registered in value added tax (VAT) whose supplies of goods and services exceed SR40 million annually to file their tax returns on a monthly basis, as stipulated by the VAT Law. As such, enterprises in this category...

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Government | Tuesday 23 January, 2018 7:35 am

Saudi Shoura wants Customs Department run as independent authority

A Shoura Council committee has called for the transfer of the Saudi Customs Department to an independent public authority, financially and administratively. This came within a series of recommendations proposed by the Financial Committee in its report based on the annual report of the Customs...

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Business & Money | Tuesday 23 January, 2018 7:23 am

‘Safety of your home is the safety of your family’

Jeddah Governor Prince Mishal Bin Majed launched on Monday the ‘safe mobile home’ initiative to make the public aware about home safety requirements. The initiative by the General Department of Civil Defense in Jeddah governorate is titled “Safety of your home is the safety of...

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Business & Money | Tuesday 23 January, 2018 6:22 am

Pakistani filmmaker eyes Saudi Arabia for future projects

In a bid to promote Saudi-Pakistani relations in the film and entertainment industry, the premiere showing of the Pakistani movie “Parchi” was organized at a makeshift cinema hall here on Saturday night. Guests from the film fraternity of the two countries and diplomats attended the...

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Business & Money | Tuesday 23 January, 2018 5:33 am

"Emirates NBD - Saudi Arabia becomes the main sponsor in the first Indian Expo in Jeddah

Emirates NBD - Saudi Arabia successfully participated in the Indian Trade Fair held recently in Jeddah as the first Indian trade fair in Saudi Arabia. His Excellency, Mr. Shah Alam, Vice Consul General of India in Jeddah, and Eng. Loai Abdul Jawad, CEO of Emirates NBD in Saudi Arabia, cut the...

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Cars & Autos | Monday 22 January, 2018 1:45 pm

X-Trail Wins the Best Crossover Car During the Saudi International Motor Show

Nissan’s X-Trail car has won the best Crossover car for 2017 by Sport Motors Magazine that is specialized in automotive.   The ceremony was held recently in Jeddah during the opening of the Saudi International Motor Show 2017, and was attended by a substantial presence of media, in ...

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Business & Money | Monday 22 January, 2018 12:53 pm

Najm Appoints Fahad Ibrahim Al-Akeel as CEO

Najm For Insurance Services has announced the appointment of Mr. Fahad Ibrahim Al-Akeel as the new CEO effective January 1st, 2018.   On this occasion, the Chairman of Najm, Dr. Abdulrahman AbdelMohsen Al Kalaf said: “On behalf of the  Board of  Directors and employees,...

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Environment & Energy | Monday 22 January, 2018 3:34 am

Schneider Electric to showcase EcoStruxureTM Solutions – Buildings of the Future at Innovation Summit in Riyadh

Schneider Electric, a global specialist in energy management, is hosting the Innovation Summit – Buildings of the Future, to be held at Al Khozama Conference and Exhibition Centre, Riyadh, on Tuesday, January 30, 2018. In addition to the product launches, the summit includes panel...

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Environment & Energy | Monday 22 January, 2018 2:45 am

Saudi Arabia to build 9 desalination plants on Red Sea

Saudi Arabia plans to build nine desalination plants for more than SR2 billion ($530 million) on the Red Sea coast, Minister of Environment, Water and Agriculture Abdulrahman Al-Fadhli said on Sunday. The plants will have capacity of 240,000 cubic meters of water per day and will be...

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Sports | Monday 22 January, 2018 2:01 am

Nine players move to Spain as part of Saudi-LaLiga partnership

Sunday afternoon saw a continuation of the Saudi-Spanish partnership with nine separate loan deals announced involving clubs in the top two divisions of football on the Iberian Peninsula.   Nine players will head to seven different teams after the ceremony in Riyadh.   Yahya...

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