Strategy Note /

Saudi Arabia: Tariff increase on 99 products, positive for selected picks

  • Zakat, Tax and Customs Authority raised the tariff on 99 merchandise and commodities

  • The tariff increase is in the range of 5.5% to 25%

  • We believe this in-line with Vision 2030, as the government has been pursuing to support local content

Iyad Khalid Ghulam
Iyad Khalid Ghulam

Head of Equity Research

SNB Capital
14 June 2022
Published bySNB Capital


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