Press Dossier   By Date  17/04/2021
Saudi GDP can spike on automation
Intelligent automation offers the potential to double the economy of Saudi Arabia to $1.6 trillion, adding an additional $293 billion by 2030, according to new research commissioned by Automation Anywhere.
Oman becomes fourth GCC country to introduce VAT
Oman introduced a 5 percent value-added tax (VAT) on Friday, the fourth Gulf Cooperation Council country to implement a so-called consumption tax.
Makkah sees surge in real estate offices as work progresses on major projects
The number of real estate offices in the Makkah Al-Mukarramah area surged by nearly a third last year, as the number of transactions increased and work on some of the city’s biggest projects kept pace despite the challenges posed by the coronavirus disease (COVID-19) pandemic.
Saudi Public Transport Authority launches 15 business centers across the Kingdom
Saudi Public Transport Authority has launched business centers in 15 cities across the Kingdom, to provide licensing and customer support services.
Saudi inflation slows to 4.9% in March as VAT effect lingers
Saudi Arabia’s annual inflation rate fell marginally in March as last July’s increase in value-added tax (VAT) continued to assert an effect on prices.
More than 6,000 Saudi companies operating in Egypt
There are 6,017 Saudi companies in Egypt, with investments of SR122 billion ($32.5 billion), according to data from the Egyptian General Authority for Investments.
Assembly office takes action against chaos
National Assembly Speaker Marzouq Al-Ghanem said yesterday that the Assembly office has decided to take “all legal actions” regarding the events during the sessions this week in an attempt to prevent such events from happening again.
Emirates starts trials of digital passport simplifying COVID-19 related travel requirements
Emirates today commenced trials of the International Air Transport Association (IATA) Travel Pass– a mobile app to help passengers easily and securely manage their travel in line with any government requirements for COVID-19 testing or vaccine information.
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