Saudipedia - Economy and Business

No, the fees for entry and exit visas in the Kingdom of Saudi Arabia vary. For instance, those coming to the Kingdom for tourism purposes are charged visa fees of USD80 (refundable). On the other hand, the Saudi governm...

According to data from the General Authority for Statistics , the prominent non-oil exports of the Kingdom of Saudi Arabia include chemicals and polymers, heavy machinery and electronics, automobiles, food products, con...

A Saudi tourist visa is obtained through the Visit Saudi website, which is affiliated with the Ministry of Tourism . This applies to tourists from eligible countries, including sixty-six countries across Europe, America...

Under the Income Tax Law, issued by a Royal Decree on March 6, 2004, income tax in the Kingdom of Saudi Arabia is levied by the Zakat, Tax, and Customs Authority . Every natural and legal person is subject to this tax, ...

It is the government data that can be used, reused, and published freely by any individual without any technical, financial, or legal restrictions while adhering to the legal license requirements under which the data ha...

Yes, the Kingdom of Saudi Arabia is considered one of the advanced countries due to its high ranking in the annual Human Development Index issued by the United Nations Development Program (UNDP). The Kingdom advanced by...

Yes, the Kingdom of Saudi Arabia manufactures military aerostructure. The Composite Aerostructure Factory Project is the first of its kind in the Middle East. The project utilizes modern technologies to conclude the man...

The Saudi Credit Bureau 'SIMAH' is responsible for the accurate collection and saving of credit information for individuals and businesses. It does this through its two programs, 'SIMATI' for individ...

Yes, the Kingdom of Saudi Arabia produces aluminum. Its production started in 2012, when the Saudi Arabian Mining Company  'Ma'aden' announced that its subsidiary 'Ma'aden Aluminum,' had b...

The Kingdom of Saudi Arabia announces the state budget in December. The budget goes through three stages: The 'Preparation Phase' begins at the end of December of the previous fiscal year and continues through...

The floating villas in the Kingdom of Saudi Arabia are located on Sheybarah  and Ummahat ash-Sheikh Islands, as part of the Red Sea Project on the Kingdom's northwestern coast. This project is being developed by t...

The refining capacity of Yanbu Refinery is 250,000 bbl per day. Since its establishment in 1983, it has been strategically significant, serving as a vital artery for supplying the local market with petroleum products. I...