Government | Monday 11 December, 2017 6:30 am

Custodian of the Two Holy Mosques Receives British Chancellor of Exchequer

The Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud received at Al-Yamamah Palace here yesterday British Chancellor of Exchequer Philip Hammond . During the meeting, they reviewed bilateral relations, especially in economic fields and ways to further develop them in line...

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Business & Money | Monday 11 December, 2017 3:00 am

Prepaid salary cards for domestic workers

Domestic workers (housemaids, drivers etc.) will now get prepaid payroll or salary cards to protect their wages and ensure that they get their salaries on time. The Ministry of Labor and Social Development (MLSD) started this scheme on Saturday. It has given a six-month deadline to all...

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Business & Money | Sunday 10 December, 2017 12:08 pm

Al Salem Johnson Controls (YORK) held a symposium entitled "Sustainable Localization"

Since the announcement of Vision 2030, the Kingdom has been undergoing historic economic transformation, freeing itself from its dependence on crude oil and moving towards a better future with confidence and speed that is based on diversity and the attraction of international investments. The...

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Tourism & Hospitality | Sunday 10 December, 2017 3:58 am

Prestigious AASLD conference exclusively returns to Saudi Arabia to help combat liver diseases and hepatitis C

At this year’s ‘Best of AASLD Saudi Arabia’ conference, leading health care professionals and scientists have gathered to discuss the latest developments in liver disease, including on-going efforts to eliminate the hepatitis C (HCV) virus by 2030.   The AASLD (American ...

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Business & Money | Sunday 10 December, 2017 2:49 am

EY opens MENA DSOC to protect regional firms against digital threats

EY announced that it has opened a multimillion-dollar MENA Digital Security Operations Center (DSOC) inaugurated by Dr. Ahmed Mohammed Salem Al-Futaisi, Minister of Transport and Communications of Oman.   Using EY’s latest award-winning cyber analytics platform, the 24-hour...

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Business & Money | Sunday 10 December, 2017 12:34 am

Sabic and Guangzhou Nansha Development Zone Sign Mou on Further Cooperation

SABIC, a global leader in diversified chemical companies signed a Memorandum of Understanding (MoU) on further cooperation with the Administration Committee of Guangzhou Nansha Development Zone.   Cai Chaolin, Member of the Standing Committee, CPC Guangzhou Committee, party member...

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Government | Saturday 9 December, 2017 12:22 pm

Lord mayor sees Saudi Vision 2030 as opportunity for post-Brexit UK

The UK is looking to strengthen economic ties with the Gulf during a visit by Charles Bowman, the new lord mayor of the City of London, to Saudi Arabia and the UAE next week. Speaking to journalists on Friday ahead of the visit between Dec. 10 and 13, Bowman outlined objectives to advance UK...

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Business & Money | Saturday 9 December, 2017 11:25 am

Commerce minister tells Portuguese businessmen of trade opportunities in Saudi Arabia

Commerce and Investment Minister Dr. Majid Al-Qassabi told businessmen in Lisbon on Thursday that the Kingdom has a range of business opportunities under the Saudi Vision 2030 program that could be of mutual benefit to both countries. “We look forward to enhancing cooperation between our ...

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Culture & Education | Saturday 9 December, 2017 9:29 am

Saudi Arabia bans transmission of any program insulting women

The Minister of Culture and Information Dr. Awwad Saleh Al-Awwad has issued directives banning the transmission of any soaps or programs that explicitly or implicitly insult the Kingdom’s women or any other segment of the society.   The ministry also issued a warning against using...

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Government | Friday 8 December, 2017 1:34 pm

5% VAT on money transfer fee

Money transfer charges will increase from Jan. 1 as 5% Value Added Tax (VAT) will be levied on money transfer fees, according to the General Authority of Zakat and Tax (GAZT), which is responsible for managing the implementation, administration and enforcement of VAT in Saudi Arabia in close...

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