Riyadh: The General Authority for Statistics (GASTAT) released the Industrial Production Index (IPI) statistics for May 2025 today, showing a 1.5% increase compared to May of the previous year, driven by the rise in mining and quarrying activity, manufacturing activity, and water supply, sewerage, and waste management and remediation activities.
Riyadh: The Zakat, Tax and Customs Authority (ZATCA) has urged establishments subject to the excise tax to file their tax returns for May and June 2025 by July 15, 2025. The authority emphasized the importance of timely submissions to avoid penalties. According to Saudi Press Agency, ZATCA called on establishments
Riyadh: The Eastern Region Municipality has announced awarding and signing a contract for the construction, operation, maintenance, development, and management of the industrial zone in Abqaiq Governorate. The zone is designated for light industries, support services, industrial workshops, and light and consumer industrial activities. The 25-year project will be implemented
Jeddah: Saudia Group continues to demonstrate its commitment to operational excellence, playing a vital role in advancing the objectives of the National Aviation Strategy. According to Saudi Press Agency, a leading global aviation analytics provider, Saudia ranked first worldwide in both departure and arrival on-time performance. The report showed the
Riyadh: Minister of Finance Mohammed Aljadaan has participated in a virtual roundtable meeting for Resilience Consortium leaders, which was organized by the World Economic Forum (WEF). The meeting brought together ministers, private sector CEOs, and leaders of international organizations to exchange views on addressing the private sector’s role in advancing
Yekaterinburg: The Small and Medium Enterprises General Authority (Monsha’at) concluded its participation in the Saudi pavilion at the INNOPROM International Industrial Exhibition, held in the Russian city of Yekaterinburg from July 7 to 10, 2025. According to Saudi Press Agency, Saudi Arabia participated in the exhibition as a partner country.