Finance Adviser Dr Salehuddin Ahmed today said that the government is reviewing the issue of VAT rates, increased recently ...

The National Board of Revenue is set to revise down the value-added tax (VAT) and supplementary duty (SD) on a number of ...

Finance adviser Salehuddin Ahmed on Thursday said that the government was reviewing the issue of VAT rates, increased ...

The International Monetary Fund has lowered its 2025 GDP growth projection for Saudi Arabia to 3.3%, mainly due to extended ...

But the IMF is predicting growth in the Saudi economy of only 1.5 percent this year. Not so great. It is easy to be sceptical ...

Mohammed discerns two of the most common types of businesses entering Saudi Arabia: those invited by the government and ...

Saudi Arabia’s Zakat, Tax and Customs Authority (ZATCA ... which included all establishments whose revenues subject to VAT exceeded SR1.75m ($466,000) in 2022 or 2023. According to ZATCA, the ...

Saudi Arabia's annual inflation rate fell slightly to 1.9% in December from 2% in November, according to government data ...

The Gulf Cooperation Council (GCC) countries, including Kuwait, are undergoing significant financial transformations as they ...

A unit of the kingdom’s sovereign wealth fund would pay more than $1 billion to buy into DAZN, in the latest sign of its ...