RIYADH: In a major move to cut reliance on foreign workers, seven administrative regions of the Kingdom have announced their commitment to the localization of the gold and jewelry market.
RIYADH: Sweden and Saudi Arabia have launched a major program to train female entrepreneurs and innovators by creating networks and organizing mutual learning through meetings, study tours, education and interaction with top opinion leaders and decision makers.
RIYADH: Consultations are underway to establish a $10 billion trust fund for reconstruction in strife-torn Yemen, especially in areas liberated by the Saudi-led coalition.
RIYADH: Belgium has become the first country to appoint a female diplomat as its ambassador to Saudi Arabia.
RIYADH: Senior bankers clarified on Sunday that money sent home by expatriate workers will not be taxed under the value-added tax (VAT) reform initiative to be launched by the Saudi government on Jan. 1 next year.
RIYADH: Guidelines for addressing local and regional challenges with a special reference to domestic and foreign policies, will be spelled out by King Salman on Wednesday, and will set the tone for the year-long agenda of the Shoura Council in 2018.