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The International Journal of Islamic Finance and Sustainable Development is a peer-reviewed academic journal launched on September 1, 2024, by the Islamic Development Bank Institute in Jeddah City , west of the Kingdom of Saudi Arabia , and the International Center for Education in Islamic Finance (INCEIF) in Malaysia. The journal connects Islamic finance principles with global sustainability goals. The name of the journal is a continuation of its previous title, 'ISRA International Journa...
The Saudi Quality Mark can be obtained through several steps, starting with manufacturers and companies submitting applications electronically via the website of the Saudi Standards, Metrology, and Quality Organization (SASO). The application is then reviewed, followed by field visits and studies that are monitored regularly. Random samples are taken from production lines, and tests are conducted on them in SASO's laboratories. Upon acceptance of the application, the products are added to ...
The Saudi Exports Incentives Program is a Saudi program seeking to encourage and assist Saudi companies in building and enhancing their competitive capabilities and expanding their global reach. Launched by the Saudi Exports Development Authority in the Kingdom of Saudi Arabia in 2019. The program offers support to Saudi manufacturers and exporters, facilitating their access to global markets and contributing to the enhancement of the index of total promising exports at the lowest possible cost...
The Jeddah Center for Exhibitions and Events is affiliated with the Jeddah Chamber and specializes in providing services related to organizing exhibitions and events, supporting this industry in the Kingdom of Saudi Arabia. Center services The Jeddah Center for Exhibitions and Events offers several services, including a ten thousand m 2 covered area with storage facilities, an air-conditioned hall, security services, as well as cleaning, water, electricity, and sewage services. Additionally, it...
The handling capacity of King Fahd Industrial Port in Yanbu reaches 210 million t per year, and it accommodates ships with loads up to five hundred thousand t. Its area is estimated at about 6.8 km², containing thirty-four berths and ten terminals. The port is located on the Red Sea coast, 326 km north of Jeddah Islamic Port . King Fahd Industrial Port in Yanbu is considered the largest industrial port on the Red Sea coast specializing in loading crude oil, refined products, and petrochemicals...
The Riyadh International Convention and Exhibition Center is an international center specializing in organizing trade exhibitions, conferences, and events in the Kingdom of Saudi Arabia. It was established with specifications that align with international changes. It is located in Riyadh City , the Kingdom, approximately twenty-five km from King Khalid International Airport . Objectives of the Riyadh International Convention and Exhibition Center The Riyadh International Convention and Exhibiti...
The Kingdom of Saudi Arabia's 2025 budget is a statement issued by the Ministry of Finance in the Kingdom, detailing the state's revenues and expenditures for 2025. It was announced on November 26, 2024. The state's public revenues were estimated at SAR1,184 billion, while the approved expenditures amounted to SAR1,285 billion, resulting in an estimated deficit of SAR101 billion. Priorities in Saudi Arabia's 2025 budget The Kingdom's 2025 budget outlines several key pri...
The Future Minerals Forum (FMF) is held by the Saudi Ministry of Industry and Mineral Resources with the participation of governments, investors, financial institutes, service providers, and manufacturers. FMF focuses on the present and the future of the mining sector in the countries of the Middle East, Central Asia, and North Africa. By holding the forum, the Kingdom of Saudi Arabia aims to establish a collaborative platform among regional countries to develop a future roadmap for achieving s...
The Role of Saudi Women in the Private Sector has improved after the reformation of the Saudi labor market to accommodate more women. This included opening job opportunities in various industrial, economic, and service fields, providing necessary support for their employment, increasing their participation in economic activities and the workforce, and setting controls to prevent wage discrimination between men and women and support female employment. Number of Saudi women in the private sector ...
The Crown Prince's International Initiative for Women Empowerment in Cybersecurity is a global initiative aimed at enhancing cybersecurity, adopted by the Crown Prince and Prime Minister, His Royal Highness Prince Mohammed Bin Salman Bin Abdulaziz Al Saud. It was announced at the events of the Global Cyber Security Forum on February 4, 2020. Objectives of Crown Prince's International Initiative for Women Empowerment in Cybersecurity The objectives of the Crown Prince's Internatio...
The income tax rates vary in the Kingdom of Saudi Arabia depending on the type of activity and the investment field. According to Article Seven of the Income Tax Law issued on March 6, 2004, the tax rate on the tax base is 20 percent for each of the following: a resident capital company, a non-Saudi resident natural person who conducts business, and a non-resident person who conducts business in the Kingdom through a permanent establishment. The tax rate on the tax base for investors in only th...
Capital Goods in the Kingdom of Saudi Arabia are those used in producing other goods and consumed over a longer period, unlike consumer goods consumed directly and within a short period. Examples of capital goods are buildings, machinery, equipment, industrial facilities, and all elements that collectively form the national production capacity. Capital goods represent long-term assets and are not typically bought and sold as part of a company's routine commercial operations. These goods pr...
