Government | Saturday 31 May, 2025 8:14 am

Digital economy accounts for 15.6% of Saudi GDP in 2023: GASTAT

The digital economy accounted for 15.6% of Saudi Arabia's GDP in 2023, marking a 1.6% increase compared to 2022, according to the Digital Economy Statistics Bulletin 2023 issued recently by the General Authority for Statistics (GASTAT). As for the structure of the digital economy, the core...

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Government | Saturday 24 May, 2025 6:54 pm

KSA issues governance rules for reviewing requests referred to Finance Ministry

The official Umm Al-Qura newspaper published on May 23 the governance rules for reviewing the requests and matters referred to the Ministry of Finance, which have been recently approved by the Council of Economic and Development Affairs.   Under the rules, the governance aims to...

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Government | Saturday 24 May, 2025 6:32 pm

NHRI launches “Legislation Lab” discussing mental health law

The National Human Rights Institution (NHRI) has launched the “Legislation Lab”, which focused on Federal Law No. 10 of 2023 on Mental Health and brought together a distinguished panel of experts and practitioners, including H.E. Dr. Salem Abdul Rahman Al Darmaki, Acting Undersecretary of the...

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Government | Saturday 17 May, 2025 3:43 pm

Commerce Ministry urges companies to submit 2024 financials

The Ministry of Commerce called on companies to submit their 2024 financial statements no later than June 30, 2025, to avoid financial penalties in accordance with the Companies Law.   Companies should prepare their statements at the end of each fiscal year in line with the...

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Government | Saturday 17 May, 2025 3:42 pm

Saudi Arabia approves amendments to CCC integrated customs tariff

Mohammed Al-Jadaan, Minister of Finance and Chairman of the Zakat, Tax and Customs Authority (ZATCA), approved amendments to the CCC integrated customs tariffs. The decision will take effect from June 1, 2025, the data of its publication on the official gazette Umm Al-Qura. The updates...

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Government | Wednesday 14 May, 2025 11:40 am

Crown Prince: Gulf-US summit reflects collective action to strengthen relations, expand partnership

Saudi Arabia’s Crown Prince Mohammed bin Salman said in his opening remarks at the Gulf-US Summit that this meeting with President Donald Trump is an extension of the historic and strategic partnership between our countries and the United States, which has grown and developed over the past...

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Government | Wednesday 14 May, 2025 10:29 am

GCC-US summit convenes in Riyadh today

The GCC-US summit between the GCC countries and the US will be held today, May 14, in Riyadh. US President Donald Trump arrived yesterday in Riyadh, on his first foreign visit since taking office for a second time. The summit aims to strengthen political, economic, and security...

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Government | Wednesday 14 May, 2025 8:36 am

Crown Prince: Saudi Arabia works with US on $600B partnership opportunities

Crown Prince Mohammed bin Salman stated that joint investments between Saudi Arabia and the US are one of the key pillars of both countries’ economic relationship.   In a speech at the Saudi-US Investment Forum in Riyadh, attended by President Donald Trump, he added that the...

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Government | Tuesday 13 May, 2025 3:41 pm

Crown Prince, Trump co-chair Saudi-US Summit

Crown Prince Mohammed bin Salman and US President Donald Trump co-chaired the Saudi-US summit held at Al Yamamah Palace in Riyadh. The summit followed the signing of several joint agreements and memorandums of understanding, most notably the strategic partnership between the two...

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Government | Tuesday 13 May, 2025 2:29 pm

Saudi Crown Prince receives Trump in Diriyah

Saudi Crown Prince Mohammed bin Salman welcomed US President Donald Trump to Diriyah on May 13 evening. The two leaders toured Al-Turaif district and viewed the Diriyah project masterplans. ...

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