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Saudi Arabia's Producer Price Index Increases by 7.5% in May, Says Statistics Authority

معلومات مباشرمعلومات مباشرمعلومات مباشر
21 Hrs
Saudi Arabia's Producer Price Index Increases by 7.5% in May, Says Statistics Authority

Saudi Market sees positive movements in selected stocks by the end of Wednesday's session

معلومات مباشرمعلومات مباشرمعلومات مباشر
21 Hrs
Saudi Market sees positive movements in selected stocks by the end of Wednesday's session

Filipino workers in the Gulf countries send $2.41 billion in remittances during the first five months

معلومات مباشرمعلومات مباشرمعلومات مباشر
21 Hrs
Filipino workers in the Gulf countries send $2.41 billion in remittances during the first five months

Inaya renews accreditation with the Insurance Authority for one year

معلومات مباشرمعلومات مباشرمعلومات مباشر
21 Hrs
Inaya renews accreditation with the Insurance Authority for one year

Tadawul Index Closes with 0.10% Decline as 15 Sectors End in the Red

معلومات مباشرمعلومات مباشرمعلومات مباشر
21 Hrs
Tadawul Index Closes with 0.10% Decline as 15 Sectors End in the Red
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Saudi Arabia approves new regulations to extend investment contracts

Saudi Arabia approves new regulations to extend investment contracts

The Saudi Ministry of Municipal and Rural Affairs and Housing has issued new regulations for extending investment contracts. These regulations allow investors to renew their contracts early, after half of the contract duration has passed, in order to promote a stable investment environment and improve the efficiency of municipal asset investments. To qualify for an extension, applicants must submit a feasibility study and meet conditions related to comprehensive developments or renovations. Extensions can be granted for up to 15 years, with a total contract duration not exceeding 25 years. A technical committee will review applications to ensure they comply with the regulations, and an annex to the contract must be signed after approval by the minister.

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