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Press Dossier   By Date  31/05/2023
UAE: Petrol, diesel prices for June 2023 announced
The UAE fuel price committee on May 31 announced petrol and diesel prices for the month of June 2023. The new rates will apply from June 1.
UAE corporate tax to come into effect from June 1: Here is what you need to know
The federal tax on corporations and business profits will come into effect for financial years starting on or after June 1, 2023.
Saudi Arabia issues 55 mining licenses in April
The number of mining licenses handed out in Saudi Arabia showed sustained growth for the third consecutive month, as the government issued 55 new permits in April.
Saudi Central Bank grants Tarabut Gateway open banking certification
As part of its efforts to become a global fintech hub, Saudi Arabia has granted open banking certification to Dubai-based Tarabut Gateway.
Closing bell: Saudi main index closes flat at 11,140 points
Saudi Arabia’s Tadawul All Share Index remained steady for the second consecutive day, gaining 4.31 points or 0.04 percent to close at 11,139.98.
Saudi Real Estate Refinance Co. issues $933m in sukuk to spur liquidity in realty market
The Kingdom’s housing market will get a fresh stream of liquidity, with Saudi Real Estate Refinance Co. announcing SR3.5 billion ($933 million) in sukuk issuances.
Saudi Arabia’s merchandise exports soared 48.9% to $410bn in 2022
Saudi Arabia’s merchandise exports increased 48.9 percent year on year in 2022 to hit SR1.54 trillion ($410 billion), driven by a rise in oil exports, according to the latest report released by General Authority for Statistics.
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