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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Tourism & Hospitality | Friday 8 December, 2017 10:37 am

Tourism authorities to develop historic mountains of Makkah

THE Saudi Commission for Tourism and National Heritage (SCTH) has reiterated its plans to rehabilitate the historical mountains of Makkah to woo pilgrims from different parts of the Islamic world to visit the sites. Jabal Al-Noor, where the first verses of the Holy Qur'an were revealed, is ...

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Technology & IT | Friday 8 December, 2017 1:39 am

ERICSSON named best cloud provider

Ericsson (NASDAQ: ERIC) Middle East and Africa was recognized as the Best Cloud Provider during the prestigious Telecom Review Excellence Awards. The award was received by Ericsson during the awards ceremony, which was held on December 6th in Dubai.   Ericsson powers digital...

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Healthcare | Thursday 7 December, 2017 3:22 pm

GCC to drive innovation and leadership at the region’s most influential healthcare and medical laboratory events

Arab Health and MEDLAB conferences to kick off 2018 healthcare agenda   Arab Health – the largest gathering of healthcare and trade professionals in the MENA region – will welcome visitors from 29 January – 1 February 2018 The exhibition will feature new zones and...

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Tourism & Hospitality | Thursday 7 December, 2017 6:40 am

New gallery in Madinah showcases rare pictures of holy sites

A new gallery showcasing rare photos of the holy sites in Makkah and Madinah was recently launched with the support from the King Abdulaziz Foundation for Research and Archives.   The gallery is located near the Prophet’s Mosque. People are visiting the venue in large numbers not...

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Government | Thursday 7 December, 2017 6:28 am

Crown Prince meets British senior defense advisor to the Middle East

Crown Prince Mohammed bin Salman, Minister of Defense and Deputy Primce Minister met in Riyadh on Wednesday with outgoing senior British military advisor to the Middle East Lt Gen Tom Beckett and his successor Ly Gen John Lorimer.   The Crown Prince welcomed Gen Lorimer and congratulated ...

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Business & Money | Thursday 7 December, 2017 6:24 am

No VAT on loans, ATM services, says Saudi tax authority

The General Authority of Zakat and Tax (GAZT) on Wednesday confirmed that interest or lending fees charged with an implicit margin for finance will be exempt from value-added tax. The authority clarified that interest or lending fees charged on loans, credit cards, mortgages, finance leasing,...

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