Category: Economy

The Zakat, Tax and Customs Authority (ZATCA) has called on commercial establishments subject to value-added tax (VAT) to submit their VAT statements for January 2025 by February 28, 2025. This applies to businesses with annual revenues exceeding SAR40 million on goods and services. ZATCA emphasizes the importance of timely submissions to avoid penalties ranging from […]

The second ARABCIIA conference in AlUla brings together 13 Arab countries to discuss internal auditing challenges and innovations, aligning with Saudi Vision 2030.

Saudi Arabia’s General Authority for Competition signs MoU with Iraq’s Competition and Antitrust Council to promote fair competition and prevent monopolistic practices.

King Salman approves the Saudi riyal symbol, a historic move reinforcing Saudi Arabia’s financial identity and aligning with Vision 2030 goals.

Saudi Finance Minister Mohammed Aljadaan and IMF Managing Director Kristalina Georgieva conclude the inaugural AlUla Conference for Emerging Market Economies, highlighting resilience, digitalization, and international cooperation.

The Qatar Export Office opened in Riyadh on February 20, 2025, enhancing Saudi-Qatari economic cooperation and aligning with Saudi Arabia’s Vision 2030 goals.

Saudi Arabia’s General Authority of Civil Aviation (GACA) launches Ajwaa digital platform and new corporate identity, aligning with Vision 2030’s economic diversification goals.

The Saudi Power Procurement Company has signed a Power Purchase Agreement for the expansion of the Qurayyah Independent Power Plant, adding 3,010 MW capacity and carbon capture units.

Saudi Electricity Company and ACWA Power sign Power Purchase Agreement for Qurayyah IPP Expansion Project, advancing Saudi Arabia’s sustainable energy goals under Vision 2030.

Saudi-Kazakh Business Forum in Almaty results in trade agreements across mining, renewable energy, and agriculture, boosting bilateral ties and Vision 2030 goals.