How prepared is Oman to levy VAT?
Although the Sultanate’s taxation system is largely unprepared for the implementation of VAT, VAT will benefit Oman’s economy...
Tag : Saudi Arabia
Adnoc to supply over 4 mn bpd from April as global oil price plunges
The oil giant is also speeding up its original target to produce 5 mn bpd of oil by 2030...
Aramco to increase crude production amid price war
The company will increase production by 300,000 barrels per day...
As global oil prices fall, Petrobras’ shares plunge
A possible price war could hinder Petrobras’ plan to sell around $30 bn of assets by 2024...
Global oil prices plunge as Saudi-Russia negotiations collapse
Saudi Arabia decides to cut prices by nearly 10%...
Saudi urges Opec+ to cut 1.5 mn bpd as coronavirus affects oil demand
the Kingdom has pushed for a larger cut compared to Goldman Sach’s recommendation of 600,000 to I mn bpd...
Dubai’s logistics startup iMile secures $10 mn funding to expand in ME
The round was led by an unnamed venture capital firm active in the Chinese logistics market...
Saudi Arabia reviews two new digital banking applicants
The central bank will decide based on the companies’ capital and the scale, nature, and complexity of the operations...
CEO: No secondary listing of Aramco shares to take place for a year
An international listing will be discussed by Aramco, but not at this point of time...
Saudi Arabia issues new digital banking guidelines
The guidelines complement SAMA’s banking licensing guidelines and minimum criteria...