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In "BUSINESS"
November 06, 2024
Building the future of the region's leading aviation hub
November 06, 2024
IKEA Alsulaiman opens Madinah store as part of an ambitious expansion plan in the Kingdom
November 06, 2024
Heavy Equipment and Truck Show to spotlight Tata Motors’ cutting-edge mobility solutions
November 05, 2024
Quality of Life Program CEO highlights Saudi urban transformations at UN-Habitat conference in Cairo
November 05, 2024
Almarai wins ‘Best Corporate Sukuk’ at Asset Triple A Islamic Finance Awards
November 04, 2024
Saudi Awwal Bank becomes the Kingdom's first bank obtaining ISO certification for quality management system in operations
The Zakat, Tax, and Customs Conference 2024, scheduled for December 4-5 in Riyadh, will act as a pivotal platform to reinforce zakat, tax, and customs compliance across Saudi Arabia through a series of enriching panel discussions and workshops.Zakat, tax, and customs compliance serve as the foundation of a sustainable and balanced economy. Through the conference's discussions and workshops, the Zakat, Tax and Customs Authority (ZATCA) aims to underscore the role of compliance in promoting fair competition and nurturing a healthy economic environment.Encouraging compliance among investors, traders, and entrepreneurs fosters economic expansion, aligning with Saudi Vision 2030’s goals for a diversified and appealing economy. To support this, ZATCA provides over 130 guidelines to educate...
November 04, 2024
Enhancing zakat, tax, and customs compliance takes center stage at the Zakat, Tax, and Customs Conference 2024
RIYADH — MBC Group has announced that Istedamah Holding Company, a substantial shareholder in the company, has signed a binding share sale and purchase agreement (SPA) with the Public Investment Fund (PIF).Under the terms of the agreement, Istedamah will sell its entire 54% stake in MBC Group, totaling 179,550,000 shares, to PIF in a private transaction valued at SR7.469 billion, equating to SR41.60 per share.Completion of the transaction is subject to several conditions, including necessary regulatory approvals. Once finalized, the transaction will be executed as a negotiated deal following the Saudi Exchange’s (Tadawul) Trading and Membership Procedures.Upon completion, PIF will hold a majority stake of 54% in MBC Group. — SG
November 03, 2024
MBC Group announces sale of Istedamah’s 54% stake to Public Investment Fund for SR7.4 billion
November 01, 2024
GCC, New Zealand sign free-trade agreement
October 31, 2024
HONOR unveils pre-order of the stunning HONOR MagicBook Art 14
