Saudi Q1 2024 Budget: Revenues of 293B, Expenditures of 305B, Deficit of 12B Riyals
|

Saudi Q1 2024 Budget: Revenues of 293B, Expenditures of 305B, Deficit of 12B Riyals

BySEVL Team

The financial data from the Saudi Ministry of Finance for the first quarter of 2024 reveals revenues totaling 293.4 billion riyals, with expenditures reaching 305.8 billion riyals, resulting in a deficit of 12.4 billion riyals. → Download Saudi 2024 Q1 Budget PDF During the first quarter, oil revenues amounted to 182 billion riyals, showing a…

More Than 160,000 Cars Imported to Saudi Arabia Over 2 Years Time

More Than 160,000 Cars Imported to Saudi Arabia Over 2 Years Time

BySEVL Team

The Kingdom leads in more than half of the car sales in the Gulf Cooperation Council countries, positioning it among the top 20 global markets. According to Hamoud Al Harbi, spokesperson for the Zakat, Tax, and Customs Authority, the Kingdom imported over 160,000 cars through all its customs outlets from 2022 to 2023. Al Harbi…