Starting January 1, 2026, Saudi Arabia taxes sweetened beverages by sugar content, using four-tier system/Representative Image Imagine reaching for your favorite soda next week and noticing the price is higher than usual. That’s because Saudi Arabia is introducing a new four-tier excise tax on sweetened beverages starting January 1, replacing the old flat 50 percent […]
Is Saudi Arabia Still Affordable? New Data Reveals a Changing Cost-of-Living Story As Saudi Arabia accelerates its economic transformation under Vision 2030, the everyday financial landscape for residents, both citizens and expatriates, is changing rapidly. From housing to groceries, consumer prices are evolving against a backdrop of modest inflation, residential property pressures and shifting wage […]
Gulf countries like Saudi Arabia and the UAE import Australian sand because desert grains are too smooth for high-strength concrete/ Image: MyBayut Sending coals to Newcastle is a phrase from the early 16th century, describing the pointless act of bringing coal to a city that already had plenty. As ironic as it may seem, similar […]
Mumbai, December 30 (Udaipur Kiran): Shares of Cupid Ltd moved higher on Monday after the company announced that it has received in-principle approval to set up a new FMCG manufacturing facility in Saudi Arabia. The stock was trading at ₹488.60, up by ₹2.10 or 0.43 per cent on the BSE. The scrip opened at ₹489.10 […]
Saudi Arabia early Tuesday bombed the Yemeni port city of Mukalla, saying it was targeting a shipment of weapons that had arrived from the United Arab Emirates for a separatist group. The strike marked a sharp rise in tensions between Saudi Arabia and the UAE-backed Southern Transitional Council (STC). It also added strain to the […]
The ministry said several pilgrims reached Saudi Arabia without secured lodging, despite accommodation being clearly documented in approved Umrah contracts Saudi authorities have suspended an Umrah company and its foreign agent after pilgrims arrived in the Kingdom without the accommodation promised in their approved travel programmes. The action, announced by the Ministry of Hajj and […]
Haram security officer Rayan bin Saeed Al-Asiri is recovering in hospital after being hurt during the intervention/ Image: X Inside the Haramain @insharifain The identity of the security officer injured while intervening in a suicide attempt at the Grand Mosque in Makkah has now been revealed, as Saudi authorities confirmed he is recovering after being […]
Saudi authorities said a security officer suffered fractures while stopping a man who jumped at the Grand Mosque in Makkah/ Screengrab X A man was injured after jumping from the upper levels of the Grand Mosque in Makkah on Thursday, December 25, prompting an immediate response from security personnel stationed at the holy site, Saudi […]
Saudi Arabia unveils ESG-aligned Halal Mark Track, enhancing trust, sustainability, and global halal market growth/Image: SPA The Saudi Halal Centre has introduced a new Halal Mark Track to strengthen the Kingdom’s role in the global halal market. By combining halal certification with Environmental, Social, and Governance (ESG) standards, the initiative aims to build more trust […]
Saudi rolls out White Land fees, heavy penalties / Image: Files The landscape of Saudi Arabia’s real estate market is undergoing a seismic shift. The Ministry of Municipalities and Housing (MOMAH) recently launched a new draft regulation outlining strict violations and heavy fines for the “White Land and Vacant Property Tax” system. Currently out for […]
