Tax evasion and avoidance are a couple of vital threats to the global economy. Compliance and collection are two constant challenges for the tax system. Saudi Arabia is no exception. The Kingdom…
With the announcement of Fahad Al Mubarak, Governor of the Saudi Central Bank, about the Kingdom’s intention to license more digital banks, the Saudi banking community should be ready for the…
When a video showing a driverless, solar-powered e-bus roaming the streets of NEOM, a USD 500 billion cognitive city-state being developed northwest of Saudi Arabia, was posted on social media a few…
Egypt’s major infrastructure projects which are now underway are expected to shape a new future for the North African country after decades of a growing population and random construction, experts…
The Saudi Arabian government has recently recognized the exceptional importance of infrastructure investment in partnership with the private sector, not as a spender in a welfare state. Last October…
John Maynard Keynes, best known as the founder of Keynesian economics; a school of economic thought, and also described as Britain’s most famous 20th-century economist, suggested in one of his essays…
Debt hysteria is the best terminology that can be used to describe what’s going on. It feels like the world will end when you hear headlines saying the USA is going to run out of money by the end of…
“I have lived in Taif for over 45 years. When I was a child, we didn’t have an AC at home, not because of the lack of money, but the weather was nice & cool in the middle of summer during daytime…
“We are now welcoming our customers with full capacity, who don’t have to wait for long to get a table. The number of our tables has doubled. The restaurant manager told me we might hire more people…
The past month saw a series of proactive U.S. engagements with allies and partners in the Indo-Pacific region, headlined by the announcement of a newly enhanced Australia-U.K.-U.S. trilateral…
The decision to dismantle the Peace Brigades may herald a new stage in the Iraqi state's trajectory, or it could just be a shrewd recalibration to disorient friend and foe alike
An estimated 60% of all US banknotes in circulation are held outside the United States. In many parts of the world, the dollar is effectively the unofficial local currency. Al Majalla explains why.
A new American legal ruling turns the screw on the Caribbean island nation by increasing the risks companies face by continuing to make money there. This is all part of the plan.