Government | Sunday 31 December, 2017 9:43 am

Inspection tours to detect VAT violations

The Ministry of Commerce and Investment (MCI) in cooperation with the General Authority of Zakat and Tax (GZAT) will intensify its inspection tours of markets and companies to detect commercial violations before Value Added Tax (VAT) comes into force on Jan. 1. The inspection tours will be...

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Government | Friday 29 December, 2017 3:45 pm

King receives Kuwait's deputy PM

Custodian of the Two Holy Mosques King Salman receives Kuwait’s First Deputy Premier and Minister of Defense Sheikh Nasser Sabah Al-Ahmad Al-Sabah at Al-Auja Palace in Diriyah, Riyadh, on Thursday. They reviewed fraternal relations between the two countries. King Salman later hosted a...

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Government | Wednesday 27 December, 2017 3:43 pm

Dubai Customs passenger operations geared up to handle busy New Year’s festive season

As the New Year draws closer, everything is set and ready by Dubai Customs to handle large influx of travelers in Dubai’s airports over the festive season. The Passenger Operations Department of Dubai Customs has taken all measures and arrangements necessary to facilitate the movement of...

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Government | Tuesday 26 December, 2017 8:14 am

Saudi Citizen Account beneficiaries to be informed via SMS

The Citizen Account Program announced that on Dec. 26 beneficiaries will receive text messages in case they did not have funds transferred to their accounts owing to IBAN errors. They will be asked to add a different IBAN or check with their banks, the Saudi Press Agency (SPA) reported. The...

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Government | Sunday 24 December, 2017 1:42 am

New generation of Saudis sees role model in MBS

Crown Prince Muhammad Bin Salman, deputy prime minister and minister of defense, is the first Saudi youth leader who has been gaining worldwide attention. Charismatic, ambitious and bold, Prince Muhammad is known for taking fast-paced steps not only in politics and economic affairs, but also...

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Government | Sunday 24 December, 2017 12:40 am

KSRelief has implemented 257 projects, 166 for Yemen

The King Salman Humanitarian Aid and Relief Center (KSRelief) has implemented 257 projects since its establishment in 2015, via 119 local and international partnerships, at a cost of more than $895 million, its general supervisor said on Saturday. There have been 166 projects allocated to...

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Government | Friday 22 December, 2017 1:04 am

Half the Saudi population receiving welfare in new system, says labor minister

Saudi Arabia paid SR2 billion ($533 million) on Thursday in the first monthly installment of a new welfare system for low and middle-income families that make up approximately half of the Kingdom’s population. The payments come ahead of the introduction of a 5 percent value-added tax on...

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Government | Thursday 21 December, 2017 2:12 am

First payment from Citizen Account today

The first payment of the Citizen Account to the eligible Saudis will be released on Thursday. The amount of the state subsidy depends on the family's income, size and the age of members. According to the regulations, the payment of subsidy from the Citizen Account will continue...

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Government | Wednesday 20 December, 2017 3:19 am

Huge opportunities for private sector: Al-Jadaan

Minister of Finance Mohammed Al-Jadaan said the State’s General Budget of the Fiscal Year 2018 is the biggest growth-oriented and integrated expenditure in the history of the Kingdom. Addressing a press conference, he said the 2018 budget gives top priority to the services provided to...

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Government | Wednesday 20 December, 2017 1:12 am

Improving citizens’ living standards a priority

Crown Prince Muhammad Bin Salman, deputy premier and minister of defense, affirmed that improving the living standard of citizens is at the heart of the government’s efforts to diversify the economy and achieve financial stability through stimulus packages to the private sector and generating ...

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