Tag: saudi
Saudi Launches $23bn Riyadh Beautification Program
(Bloomberg) -- Saudi Arabia plans to pour 86 billion riyals ($23 billion) into beautifying its capital, Riyadh, with projects expected to create tens of thousands...
Let Saudi Women Find Their Own Way: Khawla Al-Kuraya
(Bloomberg Opinion) -- For most of recorded history, and in many countries around the world, women have not been treated equally to their male...
Saudis Said to Weigh Local Bank Tax Hike to as Much as 20%
(Bloomberg) -- Saudi Arabia is considering plans to increase an Islamic tax paid by local banks to as much as 20 percent, or double...
UAE and Saudi collaborate for cryptocurrency
Saudi Arabia and the United Arab Emirates (UAE) have announced plans to issue a cryptocurrency for use in cross-border transactions. This, despite the fact...
Saudi Contractor Said to Have Defaulted on $2 Billion of Debt
One of Saudi Arabia’s major contractors defaulted on almost $2 billion after a falling out among its owners and delays in payments from the...
