Tag Archives: KSA

Save the date: Ancient fruit set for 2027 UN honor after KSA bid

The Ministry of Environment, Water and Agriculture aims to increase the volume of Saudi Arabia’s date exports, reaching 200,000 tons by the end of this year. (SPA)The proposed superfruit is set to provide financial and economic gain for millions of rural businessesJEDDAH: In a bid to promote the economic benefits of dates and their production, the UN Food and Agriculture …

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Expats to be allowed to practice own trade

RIYADH — The government is currently considering to allow expatriates to invest in free trade against an annual income tax of about 20 percent, business daily Al-Eqtisadiah reported on Sunday. A number of transactions were limited to the Saudis, which gave rise to the phenomenon of tasattur (doing business in the name of Saudis against certain fees) that has caused …

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