Riyadh: The Zakat, Tax and Customs Authority (ZATCA) has urged businesses subject to Value Added Tax (VAT) with annual supplies exceeding SAR40 million to submit their October tax returns by November 30. According to Saudi Press Agency, ZATCA encouraged businesses to promptly file their returns using its website, www.zatca.gov.sa, or

Riyadh: Minister of Sport Prince Abdulaziz bin Turki bin Faisal affirmed that Saudi Vision 2030 has created opportunities for all in various fields, with the sports sector being one of the most prominent. He indicated that the sports sector in the Kingdom has undergone significant transformation compared to previous years,

Dubai: The Helicopter Company (THC), a Public Investment Fund company and Saudi Arabia’s premier commercial helicopter operator, signed an agreement at this year’s Dubai Airshow with Archer Aviation, a U.S.-based aerospace innovator, and PIF’s Red Sea Global (RSG), the developer behind regenerative tourism destinations The Red Sea and AMAALA. The

Riyadh: The Public Investment Fund (PIF), Saudi Information Technology Company (SITE), and Microsoft have announced the signing of a memorandum of understanding (MoU) to explore the delivery of Microsoft’s sovereign-cloud services in Saudi Arabia. This initiative aims to enhance the security, confidentiality, and sovereignty of data within the country, while

Riyadh: The Saudi Central Bank (SAMA) hosted the Financial Stability Board (FSB) plenary meeting and Emerging Markets and Developing Economies (EMDEs) Forum on November 18 and 19 in Riyadh, with the participation of SAMA Governor Ayman Al-Sayari, the FSB chair, FSB members, and the co-chairs of the FSB regional consultative

Riyadh: The Ministry of Industry and Mineral Resources has awarded exploration licenses to local and international companies that won the mining competitions for the Kingdom’s first mineralized belts at the Jabal Sayid and Al Hajar sites, covering a combined area of 4,788 square kilometers. These sites are rich in copper,