The investments are expected to localize partnerships.
Qatar’s GTA extends deadline for filing of income tax returns
Doha, Qatar--Qatar's General Tax Authority (GTA) has extended the deadline for submitting the tax return for 2022 for all entities subject to the income tax law for one additional month to end on May 31, 2023. Excluded from this extension are companies operating in the field of petroleum operations and...
DEWA to pay one-time cash dividend
It received a dividend of $553m from its subsidiary, EMPOWER.
Assets of Jordan’s Social Security Investment Fund rise by JD1.1 bn in 2021
The assets of Jordan's Social Security Investment Fund (SSIF), the investment arm of the Social Security Corporation (SSC), jumped by JD1.1 billion in 2021 to reach JD12.3 billion, according to Kholoud Saqqaf, the fund’s CEO. The figures mark a 10-percent growth year-on-year. In 2020, the fund’s assets stood at JD11.2...Islamic Development Bank of KSA sets the price of its issuances
The Islamic Development Bank of Saudi Arabia has set the price of its second and final issuances as part of its plan to mobilize financial resources.
New GCC wealth drives private banking
Private banks cater to the complex banking needs of the Ultra High Net Worth Individuals and High Net Worth Individuals whose number has been increasing in the region.
Tax payers in Saudi Arabia asked to file returns or face action
Withholding tax is deducted from the total income of a non-resident establishment in Saudi Arabia, in return for services it provides inside the Kingdom
