Monday 24 April 2017
 
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Saudi Arabia

Saudi reforms to continue: report

The introduction of excise taxes in Saudi Arabia is likely to bring in annual revenues of SR8-10 billion ($2.1-2.7 billion; 0.35 per cent of GDP), according to government estimates, said a report. While the 2.5 per cent real estat

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Cristal Group to open two new hotels in June

Cristal Group is preparing for the soft opening of two new hotels in the region – the Bayat Hotel by Cristal in Abha (Saudi Arabia) and Masaya Hotel & Residences by Emerald in Erbil (Iraq) -- in June 2017. Making the ann

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Top food, hospitality expo opens in Saudi Arabia

More than 300 companies from 14 countries are taking part in the 22nd edition of Saudi Food, Hotel & Hospitality Exhibition, the kingdom's largest annual food and hospitality trade show, which opened in Jeddah. The event w

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ASC to provide early warning system in Saudi province

American Signal Corporation (ASC), a manufacturer of mass notification, disaster warning, and emergency notification systems, has entered in to the final implementation phases of its large-scale multi threat, multi channel early warning system i

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ASC to provide early warning system in Saudi province

American Signal Corporation (ASC), a manufacturer of mass notification, disaster warning, and emergency notification systems, has entered in to the final implementation phases of its large-scale multi threat, multi channel early warning system i

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ULC to distribute Petronas engine oils in Saudi Arabia

Petronas, a leading oil and gas company in Malaysia, has signed an agreement with Saudi Arabia’s Unified Lubricants Company (ULC) for the exclusive distribution of its high-quality engine oils and other products in the kingdom.

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ULC to distribute Petronas engine oils in Saudi Arabia

Petronas, a leading oil and gas company in Malaysia, has signed an agreement with Saudi Arabia’s Unified Lubricants Company (ULC) for the exclusive distribution of its high-quality engine oils and other products in the kingdom.

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Saudi reversal of allowance positive for economy

Saudi Arabia’s decision to reverse allowance cut is likely to boost overall consumption in the economy, as higher disposable income will benefit core consumption sectors i.e. retail and food sectors, a report said. Notably t

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Saudi diversification from oil ‘likely to take time’

Saudi Arabia’s initiatives to move from heavy dependence on the hydrocarbon sector will take time as long-term projects will face challenges such as the transfer of public sector jobs to the private sector, said an industry expert.

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Saudi Arabia set to build five hitech hospitals

The Saudi government has launched health projects worth more than SR1.1 billion ($293 million) in the Najran region of the kingdom, said a report. The projects include development of five modern hospitals, two healthcare units, a

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