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Tag Archives: Saudi

Pamilya ng Pinoy na balik-bitay sa Saudi, nanawagan ng tulong

Masamang balita ang sumalubong sa Bagong Taon ng anim na Pinoy matapos katigan ng criminal court ng Jeddah, Saudi Arabia ang hatol sa kanila kaugnay sa pagpatay sa tatlong kapwa Pilipino noong Abril 2006. “Ang nangyari naglabas ng sentensiya ‘yung ...

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Saudi, UAE introduce VAT in first for Gulf

DUBAI – Saudi Arabia and the United Arab Emirates introduced value-added tax from Monday, a first for the Gulf which has long prided itself on its tax-free, cradle-to-grave welfare system. Saudi Arabia compounded the New Year blow for motorists with ...

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Saudi Arabia to spend big after economy shrinks

Saudi Arabia said on Tuesday its economy contracted for the first time in eight years due to painful austerity measures as it announced record spending to stimulate growth. The OPEC kingpin said gross domestic product for 2017 shrank by 0.5 ...

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Saudi stocks drop after corruption probe detains businessmen, officials

DUBAI – Saudi Arabia’s stock market fell in early trade on Sunday after Crown Prince Mohammed bin Salman moved to consolidate his power and crack down on corruption with a cabinet reshuffle and a string of detentions of prominent figures. ...

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Saudi oil minister makes high profile Iraq visit, calls for economic cooperation

The Iraqi and the Saudi oil ministers Jabar al-Luaibi and Khalid al-Falih open the Baghdad International Exhibition, in Baghdad, Iraq Saturday. Khalid al-Mousily, Reuters BAGHDAD – Saudi Oil Minister Khalid al-Falih made a high profile visit to Iraq on Saturday, ...

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New Saudi budget carrier to commence flights next month

JEDDAH – Saudi Arabia’s new budget carrier Flyadeal said Thursday it will start flying next month, as the kingdom seeks to expand air services to boost tourism in a radical overhaul of its oil-dependent economy. Flyadeal, a subsidiary of the ...

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Once tax-free, Saudi Arabia starts expat levy

RIYADH – Saudi Arabia on Thursday said it had begun taxing foreigners working in the private sector as part of fiscal reforms aimed at coping with a drop in oil revenues. Long a tax-free haven for expatriates, the Saudi economy ...

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2,500 OFWs set to be repatriated from Saudi Arabia in July

In this Apr. 18, 2017 file photo, President Duterte welcomes the repatriated workers from Saudi Arabia and hands to each of them P5,000 in cash assistance from OWWA. He was assisted by Labor Secretary Silvestre Bello III and Social Welfare ...

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Qatar slams Saudi refusal to negotiate

WASHINGTON, DC – JUNE 27: U.S. Secretary of State Rex Tillerson shakes hands with Qatari Foreign Minister Sheikh Mohammed Bin Abdulrahman Al Thani prior to a scheduled meeting at the State Department June 27, 2017 in Washington, DC. Win McNamee/Getty ...

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Qatari riyal under pressure as Saudi, UAE banks delay Qatar deals

Traders monitor stock information at Dubai Financial Market, in Dubai, United Arab Emirates, June 5, 2017. REUTERS/Stringer DUBAI/DOHA – Qatar’s currency came under pressure on Tuesday as Gulf Arab commercial banks started holding off on business with Qatari banks because ...

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