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Saudi Arabia to Exempt some Medicine from VAT

Some medicines will be exempt from the value-added tax (VAT) in Saudi Arabia. (Reuters)
Some medicines will be exempt from the value-added tax (VAT) in Saudi Arabia. (Reuters)
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Saudi Arabia to Exempt some Medicine from VAT

Some medicines will be exempt from the value-added tax (VAT) in Saudi Arabia. (Reuters)
Some medicines will be exempt from the value-added tax (VAT) in Saudi Arabia. (Reuters)

Some medicines will be exempt from the value-added tax (VAT) in Saudi Arabia, reported the Saudi Press Agency on Saturday.

Some types of medical equipment will also be exempt from the 5 percent VAT the Kingdom plans to impose starting January 1, 2018.

All other private health care services will be taxed at the standard rate, said SPA, citing directives issued by the General Authority of Zakat and Tax, the Ministry of Health and the General Authority for Food and Drug Affairs.

The list of exempt medicine and equipment will be posted on the Ministry and authority websites.

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MWL Welcomes Madrid Meeting Statement on Two-State Solution

MWL Welcomes Madrid Meeting Statement on Two-State Solution
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MWL Welcomes Madrid Meeting Statement on Two-State Solution

MWL Welcomes Madrid Meeting Statement on Two-State Solution

The Muslim World League (MWL) has welcomed the statement issued by the Joint Ministerial Contact Group meeting in Madrid, which emphasized the group's commitment to implementing the two-state solution as the only way to establish peace and security.
The meeting, attended by representatives of Saudi Arabia, Bahrain, Egypt, Jordan, Palestine, Qatar, Türkiye, Ireland, Norway, Slovenia, Spain, the League of Arab States, and the Organization of Islamic Cooperation, condemned all forms of violence and terrorism, and called for the two-state solution, based on international law, and the fulfillment of the rights of the Palestinian people and Israel's security.
MWL Secretary-General and Chairman of the Association of Muslim Scholars Sheikh Dr. Mohammed Al-Issa commended the group's unwavering efforts to alleviate the hardships faced by Palestinians and secure their legitimate rights and independent state, SPA reported.
He emphasized the importance of empowering the Palestinian government to fulfill its responsibilities in Gaza Strip and the West Bank, including East Jerusalem, and urged the international community to actively support the two-state solution, including wide recognition of the State of Palestine and its full UN membership.
Al-Issa also stressed the need for an immediate, unconditional, and unrestricted large-scale delivery of humanitarian aid to the Palestinians by opening all crossings and supporting the work of UNRWA and other UN agencies.
He called all parties to comply with their obligations under international humanitarian law, and urged the implementation of the orders of the International Court of Justice, and an immediate halt to the dangerous escalation in the West Bank, to the military attacks on Palestinians, and to all illegal measures that undermine the prospects for peace, such as settlement activities, land confiscation, and the displacement of Palestinians.
Al-Issa expressed appreciation for the efforts exerted in support of the Palestinian cause by the Kingdom of Saudi Arabia, led by Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud and Crown Prince Mohammed bin Salman bin Abdulaziz Al Saud.