Riyadh: The CEO of the Saudi Fund for Development (SFD), Sultan bin Abdulrahman Al-Marshad, signed today at the Fund’s headquarters in Riyadh, with the President of the African Development Bank Group (AfDB), Dr. Akinwumi Adesina, a memorandum of under…
The National Bureau for Revenue (NBR) held a workshop on VAT invoice compliance, which aimed to raise awareness of all VAT related aspects and the necessary procedures for issuing VAT invoices.
The workshop was dedicated to assisting businesses in ac…
Riyadh: The Minister of Commerce, Dr. Majid bin Abdullah Al-Qasabi, held meetings today with five ministers and officials on the sidelines of the first day’s events of the World Economic Forum (WEF) Special Meeting hosted in Riyadh.
Al-Qasabi met wit…
China’s central bank conducted 2 billion yuan (about 281.47 million U.S. dollars) of seven-day reverse repos at an interest rate of 1.8 percent Sunday.
The move aims to keep liquidity reasonable and ample in the banking system, the People’s Bank of C…
Riyadh: The Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC), a member of the Islamic Development Bank (IsDB) Group, has signed a memorandum of understanding with Huawei Technologies Co., Ltd on the sidelines of the IsDB A…
The activities of the World Economic Forum were launched today, Sunday, in the Saudi capital, Riyadh, under the slogan ‘International Cooperation, Growth, and Energy for Development’ with the participation of more than a thousand people, including hea…