Saudi Arabia
Middle East | 19 Jul 17
Half a million expats leave Saudi as amnesty draws to a close
More than 570,000 expats have left Saudi Arabia by taking advantage of an amnesty offered by the government that aims to make the Kingdom ‘violator free’ by 25 July.
Middle East | 10 Jul 17
Saudi expat fee causes ‘panic’ amid computer glitches
Expats living in Saudi Arabia have voiced concerns over the newly-introduced ‘family tax’ amid reports the online system set up to collect the payment continues to suffer from computer glitches.
Middle East | 5 Jul 17
Expats leaving Saudi must pay new ‘family tax’ upfront
Expats living in Saudi Arabia will have to pay the newly-introduced ‘family tax’ upfront if they want to leave the Kingdom for any reason, the government has confirmed.
Emerging Markets | 22 Jun 17
Saudi closes in on emerging market status as royals reshuffle
Saudi Arabia has taken a big step towards being classified as an emerging market after the MSCI added the Gulf state to its watchlist for potential upgrade on Tuesday, with the Saudi royal family making an unprecedented succession change a day later.
Investment | 15 Jun 17
Saudi asset manager combines Shariah and ethical strategies
Sedco Capital, one of the largest asset managers in Saudi Arabia, has launched an investment strategy that integrates the firm’s Shariah-compliant investment approach with ethical investing.