Main content
Saudi Arabia's first ever tax on cigarettes
A tax on cigarettes and fizzy drinks aims to plug a budget shortfall in oil-rich Saudi Arabia and has been introduced for the first time. Journalist Essam al Ghalib from Jeddah tells us what the reaction has been like and why the country, known for its wealth, is turning to taxation.
Duration:
This clip is from
More clips from Business Matters
-
Office vacancy rates soar in Austin
Duration: 05:35
-
US politicians call for investigation into Prime Energy drink
Duration: 01:35
-
The global appeal of Vivienne Westwood
Duration: 07:32