The lowest face value offered in the history of the Saudi market. Find out the par value per share of the “American” company

Al-Marsad Daily: The Saudi stock market prepares to receive the first double offer in its history, on November 14, as a double offer of American international restaurants simultaneously in Saudi Arabia and the United Arab Emirates. Americana has indicated in its prospectus that it will allot 10% of the total shares offered to individual subscribers … Read more

Are the purchase and sale of used cars subject to value added tax? .. Answer “Zakat and customs”.

Al-Marsad newspaper: The Zakat Tax and Customs Authority has confirmed that the sale of used cars by people not registered in the tax system is not subject to value added tax. Because it does not carry out economic activity. The authority clarified through the account “Ask for Zakat, taxes and customs” in response to a … Read more

The information of the entry of the General public Expenditure Fund into a new agreement for the purchase of a stake in “Starbucks” .. and the disclosure of the envisioned price

Exclusive translation: According to people today acquainted with the issue, the Saudi Arabian public investment decision fund has emerged as the probable applicant to invest in a minority stake in Kuwait’s Alshaya Group’s Starbucks franchise. People common with the issue have claimed that the Public Expenditure Fund is leading a team of investors vying for … Read more

An economic analyst reveals his anticipations on the day of the reduction of the value included tax to 10%

Al-Marsad Newspaper: Financial author Sultan Al-Khalidi has unveiled his expectation that the price added tax will fall to 10%. He advised the “Al-Ikhbariya” channel that he does not anticipate it to decrease unless of course there is an improve in GDP premiums. And GDP charges depend on exports and imports, emphasizing that imports into the … Read more

The cryptocurrency era liquidated Kublai Khan’s banknotes

They created digital Wall Street In the twelfth century, Kublai Khan, the grandson of Genghis Khan, created the first fiat currency, money that received its value from the state. This is not the first paper money – Chinese traders have used certificates of deposit since the 7th century. However, this is the first currency that … Read more

Turks in line for cheap bread as inflation melts their savings

– – PHOTO: Reuters – At a time when the value of the Turkish lira is collapsing and violent inflation is melting Turkish savings, many people in Istanbul are waiting in line for cheap bread in an attempt to save some money from their budgets, Reuters reported, quoted by BTA. In the Sultangazi district, where … Read more