Government | Saturday 9 December, 2017 3:13 pm

Dubai Customs wins “Best Customs Department in 2017” Award

Dubai Customs was awarded “Best Customs Department in 2017” at the Excellence Transport Awards 2017, presented by Dubai Airports and held for the first time in Dubai on 4th December under the auspices of HH Sheikh Ahmed bin Saeed Al Maktoum, President, Dubai Civil...

More Details

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...

More Details

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...

More Details

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 ...

More Details

Government | Wednesday 6 December, 2017 2:41 am

Iraq, Saudi Arabia sign 18 energy memorandums in Basra

Iraq and Saudi Arabia have signed 18 memorandums of understanding in the energy field during the kingdom’s participation in an energy exhibition in Iraq.   The signing of the 18 memorandums of understanding came after Saudi Energy Minister Khaled al-Faleh inaugurated the seventh...

More Details

Government | Monday 4 December, 2017 12:30 pm

Saudi Crown Prince leads Time’s ‘Person of The Year’ poll as voting ends

Saudi Crown Prince Mohammed Bin Salman, deputy premier and minister of defense, is leading the Time magazine’s poll for the ‘Person of the Year 2017’ award.   With 24 percent votes so far, Prince Mohammed looks set to beat US President Donald Trump, Russian...

More Details

Government | Monday 4 December, 2017 6:28 am

Saudi Shoura member underlines need for programs to prepare graduates for labor market

A Shoura Council member, Dr. Mu’ad bin Mohammed Al-Madhadh, has stressed the need for programs to prepare university graduates in entering the Saudi labor market.   Al-Madhadh, chairman of the human resources committee at the council, said that training new employees must include...

More Details

Government | Monday 4 December, 2017 12:17 am

Ghassan Al-Sulaiman relieved of his post

Custodian of the Two Holy Mosques King Salman issued a royal order on Sunday night relieving Dr. Ghassan Al-Sulaiman from his post as adviser to the Ministry of Commerce and Investment. ...

More Details

Government | Sunday 3 December, 2017 6:48 am

Dubai Customs reaffirms efforts to combat counterfeit goods with Japanese partners

Within its efforts to boost UAE trade and enhance protection of trademarks through combating counterfeited products, Dubai Customs’ IPR Department took part in workshop organized in Dubai by the Japanese Ministry of Economy, Trade and Industry in coordination with Japan External Trade...

More Details

Government | Sunday 3 December, 2017 2:04 am

Saudi banks prepare for riyal coins

Banks across Saudi Arabia are preparing for the transition from one riyal notes to one and two riyal coins by sorting, counting and depositing them within the banks. The Saudi Arabian Monetary Agency (SAMA) directed the banks in a letter that that they should stop dealing with the one riyal...

More Details