Saudi Arabia increased its value-added tax from 5 per cent to 15 per cent on July 1
The startup will offer excavation, backfilling, and earthworks for Triple Bay Marina
The missile was launched towards the kingdom’s southern region on Sunday
The PIF received an injection of $40bn from the kingdom’s reserves in March and April
An additional 10 people succumbed to the Covid-19 virus in Oman
PIF has shifted its focus from being mostly a domestic holding company to an international investment vehicle with stakes in Citigroup, Facebook and Boeing Co
The Public Investment Fund disclosed stakes worth $10.1bn at the end of the second quarter
Saudi Aramco may keep capex, most of which is spent on exploration and production, at a similar level until at least 2023
Samba Financial Group’s presence in DIFC will facilitate its access to regional markets
King Salman underwent a surgery in Riyadh last month for an inflamed gallbladder
Most Saudi organisations (61 per cent) reported that cyber attacks involved operational technology systems
A circular published on social media is “baseless and fabricated”, says the aviation authority
Listeners trust podcasts more than radio, newspapers and websites, Markettiers report says
The vaccine has produced an immune response in earlier trials in China
iKcon currently operates ten cloud kitchens across the UAE
A deal with Reliance would help the world’s biggest crude exporter join the ranks of the top oil refiners and chemical makers
Nearly half of all Saudi employees are below the age of 35
Beea’ah will provide services including solid waste collection and transport services along with disinfection and sanitisation of waste bins
Mohammed bin Abdullah Al-Ayesh was suffering from an illness
The death toll in the UAE has risen to 354
SABIC generated second-quarter sales of SAR24.62bn, down 29 per cent from the previous year
The death toll in the UAE stands at 353
Employment continued to fall in Saudi Arabia, the UAE and Egypt despite a stronger pickup in non-oil private sector activity in July
Trucks coming from the GCC will be allowed entry into the kingdom
The five-year agreement will see Network International process prepaid cards on behalf of Careem in five countries
No new deaths were recorded for the fourth consecutive day in the UAE
Most consumers say a full-length TV or video series is too much of a time commitment
The Solar Park project is the largest single-site solar power plant in the Middle East
The death toll in Kuwait has risen to 461
The consortium formally withdrew its interest because of the prolonged process and current challenges