Saudi Arabia's land, sea and air customs ports recorded 1,147 seizures of prohibited items as part of ongoing efforts by the Zakat, Tax and Customs Authority (ZATCA) to strengthen security and protect society from various types of contraband.
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Canada and the UAE have signed a Comprehensive Economic Partnership Agreement following a record 47-day negotiation. Once fully implemented, the CEPA will cut or eliminate tariffs on more than 99 percent of current Canadian exports to the UAE.
Several listed Saudi companies have warned they expect their direct costs to rise after the government announced revisions to electricity and water tariffs effective January 1, 2027.
Saudi Arabia has raised power and water tariffs for next year as crude prices rise. Saudi Energy, the state-backed utility provider, has raised tariffs for residential, commercial, industrial and agricultural users from January 1, the Saudi Press Agency (SPA)…
The Saudi Energy Company and the National Water Company announced on Sunday adjustments to electricity, water, and wastewater service tariffs across the Kingdom.
