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Jawazat: SR25,000 fine for overstaying Hajj and Umrah visas
Saudi Gazette reportRIYADH — Hajj and Umrah service providers will be slapped with a fine of SR25,000 for every pilgrim overstaying in the Kingdom after the expiry of their visas, according to the spokesman for the directorate of passports (Jawazat) in Makkah.Capt. Abdul Rahman Al-Qathami said the penalties will be imposed on the Hajj and Umrah companies because they are responsible for sending back the pilgrims before their visas expire.Attending a program titled the “First Bulletin” on Al-Ekhbariya channel, Al-Qathami said that the Hajj and Umrah service providers have a great responsibility in strictly enforcing the visa regulations in view of the resumption of the arrival of pilgrims in large numbers following the lifting of most of the coronavirus precautionary measures and...
March 17, 2022

Jawazat: SR25,000 fine for overstaying Hajj and Umrah visas

The Austrian commercial delegation, led by Vice President of the Austrian Chamber of Commerce Richard Schenz, visits the Asharqia Chamber on Wednesday.
Volume of Saudi-Austria trade exchange exceeds SR3bn
DAMMAM — An Austrian commercial delegation, headed by Vice President of the Austrian Chamber of Commerce Richard Schenz, visited the Asharqia Chamber on Wednesday.Christoph Pfeiffer, economic counselor at the Austrian Embassy in Riyadh, and representatives of several Austrian authorities and companies specialized in various economic, industrial, agricultural, tourist and other sectors, were present.First Vice Chairman of the Board of Directors of Asharqia Chamber Hamad bin Al-Buali stressed the deep-rooted relations between the two countries and efforts exerted in the economic field by the stakeholders.Specialists from King Salman Energy City (SPARK) participated in the meeting and delivered a presentation on the city, which is an integrated industrial environmental system spanning over...
March 17, 2022

Volume of Saudi-Austria trade exchange exceeds SR3bn

OIC Secretary-General Hussein Taha
OIC chief welcomes UN resolution declaring March 15 as International Day to Combat Islamophobia
JEDDAH — OIC Secretary-General Hussein Taha has said the United Nations has made as a milestone achievement by declaring March 15 as the International Day to Combat Islamophobia.The UN General Assembly on Tuesday adopted by consensus the resolution introduced by Pakistan on behalf of the Organization of Islamic Cooperation (OIC). It marks the day when a gunman entered two mosques in Christchurch, New Zealand, killing 51 worshippers and wounding 40 others in the terror attack.The secretary-general reiterated the OIC’s belief that the designation of such a date as an international day will consolidate global awareness of the threat of hatred and fanaticism against Muslims, while encouraging the international community to take concrete measures to combat the phenomenon and advance...
March 17, 2022

OIC chief welcomes UN resolution declaring March 15 as International Day to Combat Islamophobia

SAMA headquarter.
Saudi Central Bank raises repo rate
RIYADH — The Saudi Central Bank (SAMA) has decided to raise its repo rate by 0.25 percent from 1.00 to 1.25 percent and the reverse repo rate by 0.25 percent from 0.5 to 0.75 percent.Policy rate adjustments are consistent with SAMA's objectives of maintaining monetary stability and supporting the stability of the financial sector in the evolving domestic and international monetary conditions. — SPA
March 17, 2022

Saudi Central Bank raises repo rate

Nazaha reveals details of 15 corruption cases
Saudi Gazette reportRIYADH — Saudi Arabia’s Oversight and Anti-Corruption Authority (Nazaha) revealed on Wednesday the details of its handling of 15 corruption cases including officers and government employees.The authority pointed out that it had initiated a number of criminal cases during the last period, stressing that it is taking legal measures against the accused.1- Nazaha clarified in its report on the details of the cases, stating in the first case it has arrested a former notary who currently works as an employee of the General Court in one of the governorates for illegally amending several deeds in exchange for receiving SR360,000 from the owner of the lands’ scheme, enabling a clerk to approve purchases orders and powers of attorneys along with completing an ownership...
March 17, 2022

Nazaha reveals details of 15 corruption cases

Minister of State and Member of the Council of Ministers for Shoura Council Affairs Dr. Essam Bin Saad Bin Saeed and Egyptian Minister of Planning and Economic Development Dr. Hala Al-Saeed sign the agreement in presence of Egyptian Prime Minister Dr. Mostafa Madbouly.
Agreement inked to enable PIF's investment in Egypt
Saudi Gazette reportCAIRO — Saudi Arabia and Egypt signed on Wednesday a joint draft on an agreement between the two countries to enable the Public Investment Fund's investment in Egypt.The agreement was signed by Minister of State and Member of the Council of Ministers for Shoura Council Affairs Dr. Essam Bin Saad Bin Saeed and Egyptian Minister of Planning and Economic Development Dr. Hala Al-Saeed. The Egyptian Prime Minister Dr. Mostafa Madbouly was present as well.The two sides stressed that this agreement stems from the close historical ties that unite the Kingdom and Egypt. It also is based on the directives of the leaderships of the two countries to strengthen cooperation and expedite the procedures related to investment in Egypt through PIF.The agreement also comes as a...
March 16, 2022

Agreement inked to enable PIF's investment in Egypt

King Salman, right, Bahrain King Hamad Bin Isa Al Khalifa.
King Salman receives two cables of congratulations from King, Crown Prince of Bahrain
RIYADH — Custodian of the Two Holy Mosques King Salman received a cable of congratulations from Bahrain King Hamad Bin Isa Al Khalifa on the occasion of the successful medical tests he underwent.The King of Bahrain asked Allah the Almighty to grant constant good health and long life to the Custodian of the Two Holy Mosques, and to achieve further progress and prosperity for the Kingdom of Saudi Arabia and its people under his wise leadership.The Custodian of the Two Holy Mosques also received a cable of congratulations from Bahrain Crown Prince Salman bin Hamad Al-Khalifa, prime minister, asking Allah the Almighty to grant constant good health and long life to the Custodian of the Two Holy Mosques, and to achieve further progress and prosperity for the Kingdom of Saudi Arabia and its...
March 16, 2022

King Salman receives two cables of congratulations from King, Crown Prince of Bahrain

King Salman receives cable of congratulations from Sultan of Oman
RIYADH — Custodian of the Two Holy Mosques King Salman received a cable of congratulations from Sultan Haitham Bin Tarik of the Sultanate of Oman, on the occasion of the successful medical tests he underwent at King Faisal Specialist Hospital in Riyadh.The Sultan of Oman expressed his sincere wishes of constant good health to the Custodian of the Two Holy Mosques, asking Allah the Almighty to achieve further progress and prosperity for the Kingdom of Saudi Arabia and its people under his wise leadership. — SPA
March 16, 2022

King Salman receives cable of congratulations from Sultan of Oman

Crown Prince receives phone call from Egyptian president
RIYADH — Crown Prince Mohammed Bin Salman, deputy prime minister and minister of defense, has received a phone call from Egypt President Abdel Fattah El-Sisi.During the telephone conversation, the Egyptian President was reassured about the health of the Custodian of the Two Holy Mosques King Salman, wishing the Custodian of the Two Holy Mosques permanent health and wellness.The Crown Prince expressed his thanks and appreciation to the Egyptian President for his noble feelings. — SPA
March 16, 2022

Crown Prince receives phone call from Egyptian president

CEO of the General Authority for Competition Dr. Abdulaziz Bin Abdullah Al-Zoom headed Saudi Arabia’s delegation to the the first conference of the Arab Competition Network in Cairo.
ACN launched to enhance communication, cooperation regarding competition protection
CAIRO — The Arab League, in cooperation with Egyptian Competition Authority, launched Wednesday the Arab Competition Network (ACN), during the first conference of the Arab Competition Network that is organized by the Arab League.The event saw the participation of heads and representatives of competition authorities in the Arab countries and representatives of international organizations in the field of competition protection.CEO of the General Authority for Competition Dr. Abdulaziz Bin Abdullah Al-Zoom headed Saudi Arabia’s delegation to the conference.The first conference of the Arab Competition Network, over two days, will witness several sessions on the latest developments on competition policies and laws, reviewing the vision of international organizations to enhance competition...
March 16, 2022

ACN launched to enhance communication, cooperation regarding competition protection

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