Saudi Finance Minister Mohammed Al-Jadaan: No Income Tax for Saudi Citizens, No Company Profit Taxes

Mohammed Al-Jadaan
Saudi citizens would not pay taxes on income and Saudi companies would not see their profits taxed with economic reforms being introduced in the Kingdom, Saudi Arabia's finance minister Dr. Mohammed Al-Jadaan said on Sunday, Reuters reports.

Saudi Arabia

News, analysis, and more

Entertainment in Saudi Arabia

Saudi Arabia to build entertainment city near Riyadh

Saudi Arabia has announced plans to build a 334sq km "entertainment city" south of the capital Riyadh that will feature sports, cultural and recreational facilities, ...


Saudi Taxes

Saudi finance minister says no income taxes for Saudi citizens

Saudi Arabia's finance minister said that citizens would not pay taxes on income and Saudi companies would not see their profits taxed under sweeping economic ...


Brand Value

Saudi Telecom edges past Emirates in brand value

Saudi Telecom Company (STC) has emerged as the Middle East’s powerhouse brand in value terms (at $6.21 billion (Dh22.7 billion) against 2015’s $5.61 billion) and ...



Investors say Saudi contracting sector still facing many obstacles

Based on unofficial figures released in 2016, nearly 243,000 contracting companies are working in the building and construction sector and employing some 4.5 million workers. ...


Saudi Malls

‘Saudi people want to shop in the mall, not from their computer’

Over the past 15 years, Arabian Centres had led the consumer revolution in the Kingdom, and now has 19 malls, accounting for about 10 percent ...


U.S.-Saudi Relations

Perspective: Back to Basics: The US-Saudi Relationship in the Trump Era

Saudi Arabia is what Saudi Arabia is. The United States can take one of two approaches towards the Saudi government: it can treat the Saudis ...


Women Driving

Saudi Shura Council denies it will support motion to allow women to drive

A Saudi Shura Council member has rejected claims that the body would discuss and support a motion to allow women to drive in the country. ...



Saudi Arabia allows Fitch to conduct credit rating activities

Rating agency Fitch has obtained a licence to operate in Saudi Arabia, the country's capital markets regulator said on Monday, as the kingdom tries to ...


Freedom of Expressioni

Perspective: Is freedom of expression on the rise in Saudi Arabia?

In terms of freedom of expression, the Saudis are more likely to articulate their opinions on Twitter than in local newspapers. Mohammed al-Bishr, the head of the ...


Capital Punishment

Saudi executes three expats for heroin smuggling

Saudi Arabia on Sunday executed three Pakistani nationals convicted of smuggling heroin, bringing the number of executions in the kingdom to 26 this year. ...


Saudi Aramco IPO

Aramco board to meet in Shanghai as it seeks Chinese investors for IPO

Saudi Aramco's board will meet in China in May for the first time in seven years, industry sources said, as the state-owned energy firm seeks ...



Sudan and Saudi Arabia boost ties with joint air force drill

President Omar al-Bashir said a joint Saudi-Sudanese air force drill that ended Sunday had boosted relations between the countries, two years after Khartoum broke ties ...


Saudi +

Regional and related topics


Trump aides differ over Assad’s future after Syria attack

Top aides to President Donald Trump demurred on Sunday over where U.S. policy on Syria was headed after last week's retaliatory missile strike, leaving open ...


Syria Civil War

Russia’s Foreign Ministry says U.S. strike on Syria an aggressive act

Russia's Foreign Ministry said in a statement on Monday that the missile strike on Syria carried out by the United States was a aggressive act ...



Can US Warplanes Evade Russian Air Defenses? We May Soon Find Out in Syria

If things go south, high-end American fighters may take on top-of-the-line Russian anti-aircraft missiles. ...


Coptic Church Bombings

Palm Sunday bombings of Egyptian Coptic churches kill 44

At least 44 people were killed in Egypt in bomb attacks at the cathedral of the Coptic Pope and another church on Palm Sunday, prompting ...


Syria's Chemical Weapons

Syria’s Chemical Weapons Kill Chain

While the strike on Khan Sheikhoun was the deadliest chemical attack since the Syrian government launched rockets filled with sarin nerve agent into the Damascus ...


Bassem Youssef

Arab comedian’s documentary to premiere in LA

Dubbed Middle East’s Jon Stewart, Youssef ignored all the rules governing the state-controlled media, lampooning politicians from across the spectrum and providing a much-needed dose ...



Israel shuts Egypt border after terror warning Passover eve

Israel closed its Taba border crossing to the Sinai peninsula on Monday following warnings by its anti-terrorism office of an "imminent" militant attack there and ...


Mall of Qatar

Mall of Qatar opening draws 150,000

More than 150,000 visitors flocked to witness the grand opening of the Mall of Qatar yesterday (April 8), which featured over 200 talented artists performing ...


Recent Editions