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Saudi finance ministry announced Monday the kingdom the value added tax (VAT) rate will increase from 5 % to 15 % from July 1 as part of austerity measures taken to prop up the economy hit by the impacts of Read more
The Union of Arab Football Associations, UAFA, is poised to complete the suspended Arab Champions Cup, dubbed the Mohammed VI Cup and is waiting for Morocco and Saudi Arabia to lift state of emergency measures, reports say. The competition was Read more
Abu Dhabi-based Etihad Airways will operate from May 9 from selected cities from around the world to limited flights to enable UAE residents to return home, the airline has said. The all one-day flights have been approved by the government. Read more
Saudi Arabia has announced resumption of the flights between the kingdom and the United States amid ongoing repatriation of Saudi citizens. The kingdom’s ambassador in Washington, Princess Rima Bint Bandar made the announcement, The New Arab reports. The daily flights Read more
Turkey’s leading defense and technology company has landed a contact in Bahrain to supply the navy of the tiny Gulf kingdom, Daily Sabah reports. “Aside from the latest sale of the remote-controlled weapon system to the Gulf, Aselsan – having Read more
Two aircraft from the national carrier Egypt Air were dispatched Tuesday to Kuwait to fly out Egyptian citizens stranded in the Gulf country, which is facing an increase in the number of covid-19 infections, Egyptian Streets reports. An unidentified number Read more
Sharjah-based carrier Air Arabia has let go dozens of workers as the airline tries to remain afloat financially amid the covid-19 pandemic. The airline said in a statement it laid off a small number of the workers, from its around Read more
Qatar’s ambassador to Russia has debunked rumors of an alleged coup d’etat in the Gulf country after video footages circulated showing gunshots in streets. Ambassador Fahad bin Mohammed Al-Attiyah told Russian state-run news agency TASS, the footages were fake. Earlier, Read more
The Oman government has instructed government-controlled entities to accelerate the replacement of foreign workers, in managerial positions, by qualify citizens as Gulf country press ahead with the Omanization plan to create opportunities for its citizens. The finance ministry, AFP reports, Read more
ACCIONA, a Spanish and world leading infrastructure developer and manager, has been awarded the contact for the construction of Saudi Arabia’s fourth desalination plant estimated at $500 million. The Spanish giant will carry out the project with its Saudi partner Read more