Government | Tuesday 12 May, 2020 12:31 am

GAZT: VAT of 15% Goes into Effect in July, 2020

The General Authority of Zakat and Tax (GAZT) has affirmed that rising the Value Added Tax (VAT) on all goods and services from 5% to 15% will go into effect on 1 July, 2020.In a statement to Saudi Press Agency (SPA), the GAZT urged all citizens and expatriates to report any facility that violates...

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Business & Money | Monday 11 May, 2020 4:16 am

Saudi Ministry of Finance: additional measures to confront the financial and economic impact of the Coronavirus Pandemic

The Minister of Finance and Acting Minister of Economy and Planning, Mohammad Aljadaan, highlighted the importance of the measures undertaken to protect the Saudi economy and overcome the unprecedented financial and economic ramifications of the global coronavirus pandemic in the best way possible, ...

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Environment & Energy | Monday 11 May, 2020 3:52 am

Saudi Aramco announces fuels prices for May of 2020

Saudi Aramco has announced that the implementation of the updated fuels prices will be from today, and station owners and consumers can follow-up the updated prices on a monthly basis on Saudi Aramco website on the link:https://www.saudiaramco.com/ar/creating-value/products/retail-fuelsNote that...

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Culture & Education | Monday 11 May, 2020 1:29 am

College of Medicine at Imam University virtually celebrates graduation

The College of Medicine at Imam Muhammad bin Saud Islamic University virtually celebrated the graduation of a batch of students of the College of Medicine.The number of graduates reached 162 male and female students. ...

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Business & Money | Sunday 10 May, 2020 1:04 pm

Saudization rises in technology sector, touches 52%

The percentage of Saudization in the technology sector has risen, touching 52 percent, while women’s participation in this sector has reached 21 percent, Saudi Press Agency (SPA) quoted the Undersecretary of the Ministry of Communications and Information Technology for Technology Development and...

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Technology & IT | Sunday 10 May, 2020 12:09 pm

Saudi Arabia ranks fourth globally for 5G technology use

The Kingdom ranks fourth globally in the use of 5G technology and 10th in internet speed as a result of a nationwide digital transformation scheme.The deputy minister for technology, industry and digital capacities at the Ministry of Communications and Information Technology, Dr. Ahmed Al-Theneyan, ...

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Culture & Education | Saturday 9 May, 2020 4:39 am

Saudi minister discusses education reforms and development

Saudi Education Minister Dr. Hamad bin Mohammed Al-Asheikh held a video conference with university rectors to discuss the summer semester at universities, the proposed admissions criteria under coronavirus conditions and the participation of universities in developing the tracks of secondary...

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Healthcare | Saturday 9 May, 2020 1:24 am

Ministry of Health Announces WhatsApp Service for its Contact Center 937

The Ministry of Health (MOH) announced WhatsApp service for its contact center 937 in its first stage. The service will only be provided on Chat Pot (interactive chat) through WhatsApp number 920005937.MOH stated that at the beginning of the conversation, the following services will be shown:...

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Government | Thursday 7 May, 2020 4:29 am

Equestrian Club renamed as Horse Racing Club after King Salman’s approval

Riyadh-based Equestrian Club has been renamed as Horse Racing Club following Custodian of the Two Holy Mosques King Salman’s approval.Speaking on the occasion, Prince Bandar Bin Khaled Al-Faisal, chairman of the board of directors of the club, who is also an adviser at the Royal Court, expressed...

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Business & Money | Thursday 7 May, 2020 3:56 am

SABIC to build one of the world’s biggest mega-battery factories

Saudi petrochemical giant SABIC has established a joint venture company to build one of the world’s biggest utility-scale battery factories.SABIC unit Nusaned Investment has teamed up with SCHMID Group to develop the vanadium redox flow batteries. The Riwaq Industrial Development Company...

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