Economics
Saudi Arabia Extends Some Stimulus Measures for Business
- Pandemic support package for businesses was set to expire
- Extension came day after tripling of value-added tax
Cars drive down King Fahad boulevard in Riyadh.
Photographer: Fayez Nureldine/AFP via Getty Images
This article is for subscribers only.
Follow us @middleeast for more news on the region.
Saudi Arabia is extending some private sector stimulus measures that would have expired this month, with the government saying it’s keen to support businesses that are struggling to recover from the effects of the coronavirus pandemic.