Zakat, Tax and Customs Authority (ZATCA) determined the criteria for selecting the target taxpayers in Wave 18 for implementing the "integration phase" of e-invoicing. In a statement, the authority clarified that this wave included all taxpayers whose revenues subject to VAT...
The General Authority for Competition (GAC) imposed total penalties worth SAR 189,370 on five contracting companies for collusion in government projects. In a statement on X, the authority explained that after gathering evidence and conducting the necessary investigations, the...
Dubai Courts announced the results of the “Fi Al Shofa” Initiative, which was launched last July, as part of its ongoing efforts to promote social justice and provide easy judicial services to elder citizens and people of determination. This Initiative is part of the Dubai Courts’ strategy to ...
Net foreign direct investment (FDI) in Saudi Arabia declined in Q2 2024 by 8% year-on-year (YoY) to SAR 11.7 billion, according to the latest report by the General Authority for Statistics (GASTAT). On a quarterly basis, net FDI surged by 23% compared to Q1...
Crown Prince Mohammed bin Salman, Prime Minister and Chairman of the Royal Commission for Riyadh City (RCRC), announced today the launch of the Riyadh Non-Profit Foundation and the formation of its board of directors. RCRC issued a decision to form the foundation's board of...
Dubai Customs, through its Corporate Communication Department, has won the prestigious International Best Practice Competition (IBPC) award, earning the "Excellence Level – Five Stars" in Government Communication. This recognition highlights the department’s achievements, initiatives,...
His Excellency Dr. Saif Ghanem Al Suwaidi, Director of Dubai Courts, presided over a high-level meeting today to discuss initiating the Unified Central Judicial Execution Project in the Emirate of Dubai. This initiative is being undertaken in collaboration with the General Secretariat of the...
The Custodian of the Two Holy Mosques, King Salman bin Abdulaziz Al Saud, announced today, Sept. 19, the launch of King Salman Nonprofit Foundation. Investing in people, fostering their culture, and strengthening pride in their identity are a path the Kingdom will always follow,...
President His Highness Sheikh Mohamed bin Zayed Al Nahyan today emphasised that relations between the UAE and Japan are built on a long history of strategic cooperation across various fields. His Highness expressed his aspiration that these ties will be further bolstered by the launch of talks...
Saudi Cabinet’s approval for the Commercial Register and Trade Names Laws paves the way for ease of doing business and reduces the burdens on commercial establishments by requiring one record only per establishment, Minister of Commerce Majid Al-Qasabi said. The Trade Names Law...