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Saudi Arabia: Market Profile

20 Aug 2019

Saudi Arabia's economy benefitted from increased crude oil production and higher prices for the commodity in the second half of 2018, prompting GDP to expand at the fastest pace in two-and-a-half year...Read More


SAUDI ARABIA: New VAT Regulations Introduced for Non-Residents

12 Aug 2019

The Kingdom of Saudi Arabia has amended the rules covering its assessment and collection of value-added tax (VAT) as given in its Implementing Regulations published last year. The changes should make ...Read More


BRI Fund Secures 49% Stake in Middle East Renewable Energy Platform

23 July 2019

Beijing-based Silk Road Fund confirms go-ahead of joint venture with Saudi Arabia's Acwa Power green utilities group....Read More


Saudi Arabia: Consumer Market Characteristics and Current Developments

15 July 2019

Fuelled by its dominantly young and tech-savvy population, retailers are embracing a shift in consumption behaviour, a transition from traditional in-store concepts to shopping via online channels. Wi...Read More


SAUDI ARABIA: Saudi Port Authority Slashes Service Tariffs at Yanbu Port

3 July 2019

The Saudi Ports Authority has greatly reduced handling tariffs, increased free storage time for containers, and reduced the Marine Services tariff for container ships using King Fahad Industrial Port ...Read More


Saudi Arabia: 100% Tax on E-cigarettes and 50% on Sweetened Drinks Introduced

28 May 2019

Saudi Arabia has amended excise taxes to include sweetened beverages, electronic smoking appliances, and any liquids used in those products. The move was approved by the Saudi Arabia’s General Authori...Read More


Saudi Arabia: The Changing Role of Women

27 May 2019

Reforms under Vision 2030, the national development plan, are bringing changes to Saudi Arabia, but none stand to benefit more than women. With Saudi women’s increasing participation in society and th...Read More


SAUDI ARABIA: New Import Certification Scheme Now in Place

3 May 2019

The Saudi Arabian Ministry of Commerce and Investment has introduced a new product certification programme for all imported consumer-related regulated products. The new programme falls under the autho...Read More


Saudi Arabia: Vision 2030 Progress, Opportunities and Outlook (2) podcast

29 April 2019

In its new era of economic and social reforms, Saudi Arabia is embarking on a radical transition. Economic diversification, a greater emphasis on foreign and private investment, as well as social refo...Read More


Saudi Arabia: Vision 2030 Progress, Opportunities and Outlook (1) podcast

23 April 2019

In its new era of economic and social reforms, Saudi Arabia is embarking on a radical transition. Economic diversification, a greater emphasis on foreign and private investment, as well as social refo...Read More


Saudi Arabia: On the Road to Reform

15 April 2019

Saudi Arabia is the largest economy in the Middle East, yet is one of the least understood in the world. Known for its abundant natural resources, the Kingdom’s economy has long been reliant on the oi...Read More


Saudi Food Products: Tapping the Asian Markets through Hong Kong

8 April 2019

Founded in 1976, Saadeddin Pastry is a leading sweets and pastry manufacturer and retailer with over 150 branches in Saudi Arabia, Bahrain and Kuwait. It offers Arabic pastries such as baklawa and kun...Read More


SAUDI ARABIA: Overseas Employees to be Phased Out of 12 Retail Sectors

19 Sept 2018

Employers in 12 retail sectors are to be banned from having overseas staff on their payrolls in a three-phase process. Since 11 September, it has been illegal for non-Saudis to work in automobile, clo...Read More


Lifestyle Expo in Dubai 2018 Survey Results: A Shining Outlook for Consumer Products

13 Sept 2018

Industry players in the consumer products sector in the Middle East and Africa are showing signs of optimism about market prospects in the near term. Emerging markets in the Middle East are looking up...Read More


SAUDI ARABIA: Real Estate Ownership Potentially Opening-Up to Overseas Investors

13 July 2018

Overseas investors are to be entitled to wholly-own property under the terms of the country’s proposed Public-Private Partnership (PPP) Law....Read More


SAUDI ARABIA: Kingdom Approves its First Ever Bankruptcy Legislation

28 Feb 2018

The country’s recently-approved Bankruptcy Law, the first such legislation to be adopted by the kingdom, contains provisions related to three key areas – preventive settlements, financial restructurin...Read More


Oil Sector Deals Said to Represent First Successes for BRI Strategy

16 Jan 2018

Closer mainland-Saudi Arabia links, as well as fuel independence for southwest China, attributed to BRI....Read More


SAUDI ARABIA: 5% VAT Now Payable on Goods and Services

4 Jan 2018

VAT of 5% is now payable on all goods/services in Saudi Arabia, except some specified exemptions. Among the products/services deemed to be exempt (or zero-rated) are medicines and certain high-purity ...Read More


SAUDI ARABIA: Overseas Investors Granted Access to NOMU and Future IPOs

2 Nov 2017

Non-resident foreign investors are to be allowed to buy and sell shares listed on NOMU, the country’s secondary market. This move, which comes into effect as of 1 January 2018, is seen as offering suc...Read More


Philippines' SEZs Set Out to Woo Chinese and Middle East Investors

5 June 2017

Rapid expansion of SEZ sector sees Philippines launch charm offensive to counter shortfall in overseas investment....Read More

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