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FINANCIAL NEWS
Tax cut for foreigners who employ Saudis
23 Mar 2011
(MENAFN) Governor of Saudi Arabia General Investment Authority (Sagia), Amr al Dabagh, said that foreign companies would get a tax reduction along with other financial incentives if they provide training for Saudi nationals in remote regions of the kingdom, reported the National.
Al Dabagh said that this goes along with the Kingdom’s strategic goal of attracting foreign investment to remote Saudi areas that have high rates of unemployment and poverty.
Al Dabagh explained that tax reductions as well as other incentives would be granted to any company that employs nationals or sets up research programs in the less fortunate areas of the country.
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BBK awards over BD 1 Million to 273 winners in the February Al Hayrat Grand Prizes draw
01 Mar 2026
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24 Feb 2026
BBK discloses its financial results for the year ended 31st December 2025
05 Feb 2026
BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
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