Browsing: GCC

Dr. Anwar Ali Al-Mudhaf, Minister of Finance and Minister of State for Economics Affairs and Investments in the State of Kuwait, emphasized the significance of the recently signed agreement between Kuwait and the UAE to prevent double taxation on income and capital taxes, aiming to combat tax evasion and avoidance.

Saudi Stock Index (TASI) concluded January 2024 at 11,796.63 points, with the total value of traded shares reaching approximately SR 195.94B ($52.2B) through 11.87 million transactions, as reported in the monthly statistical release by the Saudi Tadawul.

Etihad Airways and Air Serbia have forged a strategic bilateral codeshare, enhancing connectivity for passengers across various destinations. Through this collaboration, Etihad customers gain easy access to 12 European destinations via Air Serbia’s Belgrade hub, including nine new additions to Etihad’s extended network.

In January, the National Labour Observatory (NLO) reported that Saudi Arabia’s private sector employed over 11 million workers. The detailed statistics for January 2024 cover the total workforce, including male and female citizens, and residents.