RIYADH: More than SR12 trillion ($3.2 trillion) is set to be ploughed into Saudi Arabia by 2030, as the kingdom seeks to diversify its economy away from the oil sector, Arab News quoted the minister of investment, as saying. Speaking at a forum in Riyadh in the wake of the 2022 budget announcement, Khalid Al-Falih … Read more
KARACHI: Site Limited managing director Munawar Ali Mahesar has expressed keen interest in the development of the Site area through sound and secure infrastructure, a statement said. He agreed with the industrialists about the strategic importance of the first industrial estate of Pakistan that is also responsible for a large percentage of total exports and … Read more
RIYADH: Saudi Arabia will start implementing the mandatory application of the first phase of e-invoicing ‘fatoorah’ on Saturday, December 4, Argaam reported. An e-invoice, according to regulations, is a tax invoice that is issued electronically by each taxpayer subject to value-added tax in the kingdom. The first phase requirements consist of ensuring that there is a technical … Read more
