Wednesday 25 September 2024
 
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zakat

Mawani, Zatca to regulate joint activities at Jeddah port

The Saudi Ports Authority (Mawani) and the Zakat, Tax, and Customs Authority (Zatca) have signed a service-level agreement (SLA) to regulate joint activities at Jeddah Islamic Port. The agreement also aims to create and execute se

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Bids invited for key logistics zone project in Saudi Arabia

The Zakat, Tax and Customs Authority (ZATCA) has launched the Request for Qualification (RFQ) for  the development of a key logistics zone project on a one-million-sq-m area at Jadeedah Arar port in Saudi Arabia in cooperation with the Na

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Bids invited for key logistics zone project in Saudi Arabia

The Zakat, Tax and Customs Authority (ZATCA) has launched the Request for Qualification (RFQ) for  the development of a key logistics zone project on a one-million-sq-m area at Jadeedah Arar port in Saudi Arabia in cooperation with the Na

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Yanbu Cement profits down on selling price

Yanbu Cement Company reported a revenue of SR934 million ($248.92 million) for the year ending December 31, 2021, a slight decline from SR939.99 million reported in the previous year.   The net profit after zakat

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Yanbu Cement profits down on selling price

Yanbu Cement Company reported a revenue of SR934 million ($248.92 million) for the year ending December 31, 2021, a slight decline from SR939.99 million reported in the previous year.   The net profit after zakat

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Saudi Arabia rolls out smart initiatives at Expo 2020

Saudi Arabia’s finance ministry has launched an initiative to implement global financial practices across the government sector as well as Fatoorah, an e-invoicing project at Expo 2020 Dubai. These initiatives come at a time

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Saudi Arabia rolls out smart initiatives at Expo 2020

Saudi Arabia’s finance ministry has launched an initiative to implement global financial practices across the government sector as well as Fatoorah, an e-invoicing project at Expo 2020 Dubai. These initiatives come at a time

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Sabic to distribute $1.4bn as interim dividend for H1

The Board of Directors of Saudi Basic Industries Corporation (Sabic) has recommended the distribution of interim cash dividends to shareholders for the first half of 2021 amounting to SR5.25 billion ($1.4 billion) at SR1.75 ($0.46) per share.

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KPMG offers tax guidance for Bahraini firms in Saudi

Financial services firm KPMG recently hosted a seminar in Bahrain covering the overall tax and Zakat requirements for companies based in Bahrain with operations in Saudi Arabia. Direct taxation in Saudi Arabia remains a challenge

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Saudi Re H1 net profit before Zakat rises 203pc

Saudi Reinsurance Company (Saudi Re) has recorded a net profit before Zakat of SR42.6 million ($11.35 million) in the first half (H1) of 2019, an increase of 203 per cent from SR14 million in the same period last year. The Company

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