Saudi authorities have officially updated the financial disclosure requirements for travelers entering or departing the Kingdom, lowering the mandatory reporting threshold to 40,000 Saudi Riyals. This adjustment, which applies to cash and precious metals, replaces the previous limit, according to recent updates from the Zakat, Tax and Customs Authority (ZATCA). The policy change is designed … Read more
Gold prices have experienced a notable decline in recent trading sessions, reflecting broader shifts in global commodity markets and investor sentiment toward safe-haven assets. The drop comes amid fluctuating currency valuations, changing interest rate expectations, and evolving geopolitical dynamics that continue to influence precious metal valuations worldwide. Market analysts point to a combination of profit-taking … Read more
Riyadh, Saudi Arabia – Saudi Arabia’s Council of Ministers convened on Tuesday, led by Crown Prince Mohammed bin Salman, to address regional security concerns and review ongoing domestic initiatives. The meeting, conducted via video conference, underscored the Kingdom’s commitment to safeguarding its national security in the face of escalating regional tensions, particularly following recent aerial … Read more