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S&P Global Ratings agency expected the Kingdom's GDP to grow to its highest rate in ten years to 7.5 percent in 2022 with an expected financial surplus in the state budget of about 6.3 percent.
S&P expects Saudi Arabia’s GDP to grow at highest rate in 10 years
RIYADH — S&P Global Ratings agency expected the Kingdom's GDP to grow to its highest rate in ten years to 7.5 percent in 2022 with an expected financial surplus in the state budget of about 6.3 percent.The agency updated its outlook for Saudi Arabia on Friday to positive as the country's recovery from the pandemic is accelerating.The agency described the inflation rates in the Kingdom as relatively low in comparison to its counterparts and that those rates would be under control in view of the government subsidizing of fuel and food prices in addition to tying the local currency with the relatively-strong US dollar.It assessed the Kingdom's short and long term foreign and local currency sovereign credit ratings to A-/A-2.“The positive future outlook reflects the strength of...
September 17, 2022

S&P expects Saudi Arabia’s GDP to grow at highest rate in 10 years

Zakat, Tax, and Customs Authority (ZATCA) confirmed that fake and counterfeit goods are prohibited from entering Saudi Arabia.
Fake goods are prohibited from entering Saudi Arabia: ZATCA
Saudi Gazette reportRIYADH — Zakat, Tax, and Customs Authority (ZATCA) confirmed that fake and counterfeit goods are prohibited from entering Saudi Arabia.The authority said that all necessary requirements must be met by the goods.It has noted that the goods and merchandise coming to Saudi Arabia are not subjected to clearance (Fasah), except after ensuring their safety, alongside to the availability of the clearance requirements on the goods from competent authorities.The authority’s confirmation came during its response to a person wishing to import goods of lower quality brands, which made him wonder if Saudi Arabia would prevent goods from entering its lands upon their arrival.
September 17, 2022

Fake goods are prohibited from entering Saudi Arabia: ZATCA

Saudi Arabia arrests 16,606 illegals in a week
Saudi Gazette reportRIYADH — Around 16,606 violators of residency, labor laws and border security regulations were arrested in various regions of the Kingdom within a week.According to the Ministry of Interior the arrests were made during the joint field campaigns carried out by various units of the security forces across the Kingdom during the week from September, 8 to 14.The arrests included 9,895 violators of the residency system, 4,422 violators of the border security rules, and 2,289 violators of the labor laws.Another 362 people were arrested while trying to cross the border into the Kingdom, 35% were Yemenis, 60% Ethiopians, and 5% of other nationalities, with 19 violators being caught trying to cross the border to go out of Saudi Arabia.Eighteen people were involved in...
September 17, 2022

Saudi Arabia arrests 16,606 illegals in a week

Crown Prince congratulates Prince William on his appointment as Prince of Wales
JEDDAH — Crown Prince Mohammed Bin Salman, deputy prime minister and minister of defense, has sent a cable of congratulations to Prince William on the occasion of his appointment as the Prince of Wales.The Crown Prince expressed his sincere congratulations and best wishes of success to Prince William, wishing him constant good health and happiness and to the friendly United Kingdom of Great Britain and Northern Ireland further progress and prosperity. — SPA
September 17, 2022

Crown Prince congratulates Prince William on his appointment as Prince of Wales

The Head of Technology and Artificial Intelligence Unit for Education at UNESCO Fengchun Miao has praised the development of education in the Kingdom of Saudi Arabia.
Saudi Arabia is a leading country in TAI use in education: UNESCO’s Miao
RIYADH — The Head of Technology and Artificial Intelligence Unit for Education at UNESCO Fengchun Miao has praised the development of education in the Kingdom of Saudi Arabia with the support of the government, and its high potential by providing modern technologies, artificial intelligence.He lauded the government for taking care of education access through the "My School Platform" and "Ain Educational Channels" for all regions and villages in the Kingdom.He noted the government's support in the continuous development of education, which makes the Kingdom have many examples that can be shared with the world, and a pioneer in the uses of technology and artificial intelligence (TAI) in education.He stressed the importance of sharing its experience in distance...
September 17, 2022

Saudi Arabia is a leading country in TAI use in education: UNESCO’s Miao

 A group of AI graduate students in several prestigious international universities concluded their participation in the second edition of the Global Summit on Artificial Intelligence in Riyadh on Friday.
20 international students take part in AI Summit via knowledge exchange initiative
RIYADH — An elite group of postgraduate students have completed their participation in the Global AI Summit, which concluded in Riyadh on Thursday.Pursuing postgraduate studies in data and AI at internationally-renowned universities, the Saudi and foreign students were invited to participate in the summit, which was held under the patronage of Crown Prince Mohammed bin Salman by the Saudi Data and Artificial Intelligence Authority (SDAIA) at King Abdulaziz Conference Center in Riyadh from Tuesday through Thursday.The group’s participation came as part of SDAIA’s Knowledge Exchange Initiative, which hosted 20 students from the United States, the United Kingdom, India, Jordan, Algeria, South Korea, and Nigeria alongside Saudi students from Sorbonne Université in Paris, Oxford...
September 17, 2022

20 international students take part in AI Summit via knowledge exchange initiative

 Dr. Zuhair Fahd Al-Harthi and António Carlos Carvalho de Almeida Ribeiro
Zuhair Al-Harthi appointed KAICIID’s Secretary-General
LISBON — The Council of Parties of the International Dialogue Center (KAICIID) announced on Friday its new leadership for the next four years. Dr. Zuhair Fahd Al-Harthi has been appointed the Center’s new Secretary-General, while Ambassador António Carlos Carvalho de Almeida Ribeiro was appointed Deputy Secretary-General.KAICIID’s new leadership will take office on 1 October 2022 and will ensure that the Center continues its mission to foster interreligious and intercultural dialogue around the world.“Our greatest challenge — our different perspectives, cultures, and spiritual traditions — are at the same time our greatest asset. Through interreligious dialogue and increased understanding of 'the other,' we can pivot toward a world which celebrates diversity and...
September 16, 2022

Zuhair Al-Harthi appointed KAICIID’s Secretary-General

Jeddah audience has high rate of engagements with fake websites, study shows
JEDDAH — A recent social experiment has revealed high engagement toward websites that have fake offers.Sites were created for testing visitors’ behavior regarding applying for services and sharing their personal information.The results of this social and awareness experience showed that the Jeddah audience has the highest engagements with 44.2 %, followed by Riyadh with 36.6 %, Dammam with 9.2 %, then Madinah and Makkah.This experiment, which was conducted from June 29 until July 16, was made to study the audience’s behavior in responding to fake and tempting offers. Also, this study shows how cautious the audience are in protecting their personal information. The study results indicate that offers related to prizes and competitions have received the highest rate of visitors, with...
September 16, 2022

Jeddah audience has high rate of engagements with fake websites, study shows

Ahmad Suleiman Al-Rajhi
Al-Rajhi launches second edition of National Award for Voluntary Work
Saudi Gazette reportJEDDAH — Minister of Human Resources and Social Development Eng. Ahmed Al-Rajhi launched on Friday the National Award for Voluntary Work 2022.The award, in its second edition, comes to encourage voluntary work and achieve the objectives of the National Transformation Program and Vision 2030, which is to train one million volunteers.Al Rajhi said: "The launch of the second edition of the National Award is an extension of the successes of the first edition last year, and the promotion of the concepts and practices of sustainable volunteerism, as well as the continuity of the Ministry's efforts to upgrade voluntary initiatives to create qualitative and tangible societal impact.”The National Award aims to stimulate volunteerism in a sustainable manner among...
September 16, 2022

Al-Rajhi launches second edition of National Award for Voluntary Work

Use of national flag, emblem in promotions banned
Saudi Gazette reportJEDDAH — The Ministry of Commerce banned individuals and businesses from using the Saudi Arabian flag in commercial promotions including publications, goods and products, brochures, special gifts and others.The ministry clarified that the national flag contains the name of Allah, and the official state emblem of two swords and palm tree. The ban also covers pictures and names of Saudi leaders and officials.The ministry explained that it has carried out inspection tours in markets in all regions of the Kingdom to control such violations, especially during festive occasions such as National Day. It also monitors e-shops.Legal measures will be taken against those who violate the ban.A circular was issued to businesses four years ago banning the use of the State's...
September 16, 2022

Use of national flag, emblem in promotions banned

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