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Tag "pandemic"

Saudi Arabia to increase VAT, suspend cost of living allowance

Saudi Arabia to increase VAT, suspend cost of living allowance 0

🕔16:05, 11.May 2020

Saudi Arabia will cancel and postpone spending and cut some allocations for Vision 2030, with a total cost of 100 billion riyals (Dh97.8 billion), according to Al Arabiya. This has been taken as part of the government’s efforts to manage the economic

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Gold jewellery loses shine in UAE, globally in Q1

Gold jewellery loses shine in UAE, globally in Q1 0

🕔15:54, 2.May 2020

Gold jewellery demand fell globally in the first quarter of 2020, its lowest level ever, losing shine due to the outbreak of coronavirus as well as higher prices. The yellow metal also lost shine among the UAE consumers during the

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