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The Financial Fraud wing at the Public Prosecution had completed an investigation into the illegal activities of 11 Pakistani nationals who were arrested on charges of financial fraud.
7-year-jail each for 11 Pakistanis convicted of financial fraud
Okaz/Saudi GazetteJEDDAH — A Saudi court sentenced 11 Pakistani expatriates, convicted of financial fraud, to seven years in prison each. The court also ruled to deport them after serving the jail term, the Public Prosecution has said.The Financial Fraud wing at the Public Prosecution had completed an investigation into the illegal activities of 11 Pakistani nationals who were arrested on charges of financial fraud. It was revealed in investigations that the accused persons were engaged in financial fraud by sending text messages to the victims, communicating with them by telephone, urging them to update their bank information, and then obtaining their personal information and using it to access their bank accounts and steal their money.The Public Prosecution stated that it will continue...
September 06, 2023

7-year-jail each for 11 Pakistanis convicted of financial fraud

Crown Prince, Putin discuss BRICS summit and energy markets in phone call
Saudi Gazette reportRIYADH — Crown Prince and Prime Minister Mohammed Bin Salman and Russia's President Vladimir Putin hold a telephone call on Wednesday.During the phone call, the two sides reviewed the distinguished bilateral relation between Saudi Arabia and Russia and ways to develop them in different fields.The Crown Prince and Putin also discussed several topics of common interests, including the recently held BRICS summit.This is in addition to Saudi Arabia's keenness to build economic partnerships and its aspiration to cooperate with the BRICS countries.The two sides also stressed continuing efforts to stabilize global energy markets.
September 06, 2023

Crown Prince, Putin discuss BRICS summit and energy markets in phone call

The Taif public transport bus service is expected to serve more than two million beneficiaries annually, through nine main tracks linking the most important centers and landmarks in the Taif governorate.
Public bus transport service begins in Taif
Saudi Gazette reportJEDDAH — Taif Governor Prince Saud bin Nahar inaugurated the public bus transport services project in the Taif Governorate. The inaugural ceremony was held in the presence of Acting President of the Transport General Authority Dr. Rumaih Al-Rumaih, Mayor of Taif Nasser Al-Rehaili, and CEO of Public Transport at SAPTCO Turki Al-Subaihi.This vital project is the first project to be launched within the first phase of the public bus transport projects in the Kingdom. It is expected to serve more than two million beneficiaries annually, through nine main tracks linking the most important centers and landmarks in the governorate.There will be 182 bus stop points, and the project will include 58 buses operating 18 hours a day, in a way that contributes to serving and...
September 06, 2023

Public bus transport service begins in Taif

The report commended the Kingdom's efforts in containing inflation.
IMF lauds Saudi Arabia's economic prosperity and reform progress
Saudi Gazette reportRIYADH — In a highly anticipated report following the conclusion of their 2023 Article IV Consultation discussions with Saudi Arabia, the International Monetary Fund (IMF) has issued a resounding vote of confidence in the nation's economic health and reform initiatives.The IMF's comprehensive assessment affirmed that Saudi Arabia is currently enjoying a period of robust economic growth, with a strong fiscal position and notable progress in implementing its ambitious Saudi Vision 2030 reform agenda.Here are the key takeaways from the IMF report:Saudi Arabia was hailed as one of the fastest-growing G20 economies in 2022, registering an impressive growth rate of 8.7%. Non-oil GDP also continued to surge at around 4.8%, while unemployment among Saudi citizens...
September 06, 2023

IMF lauds Saudi Arabia's economic prosperity and reform progress

Vice Minister of Foreign Affairs Eng. Waleed El-Khereiji headed Saudi Arabia's delegation to the third session of the Ministerial Meeting of the Arab-Japan Political Dialogue in Cairo, Egypt.
Saudi vice minister of foreign affairs attends Arab-Japan Political Dialogue ministerial meeting
Saudi Gazette reportCAIRO — On behalf of the Minister of Foreign Affairs Prince Faisal Bin Farhan, Vice Minister of Foreign Affairs Eng. Waleed El-Khereiji headed Saudi Arabia's delegation to the third session of the Ministerial Meeting of the Arab-Japan Political Dialogue in Cairo, Egypt.During his speech, Eng. El-Khereiji noted the importance of continuing the political dialogue that confirms everyone's keenness to deepen and expand the distinguished cooperation relations in different fields, as well as to exchange opinions and viewpoints on political issues of common concern.He stressed the necessity of making the Middle East to be a safe, stable and prosperous region that gives hope for a better future for all.There are broad agreements with Japan toward the importance of...
September 06, 2023

Saudi vice minister of foreign affairs attends Arab-Japan Political Dialogue ministerial meeting

The Saudi Logistics Academy has launched the first phase of the program to develop future leaders in the logistics sector to qualify and empower 15 female leaders in Singapore.
Saudi Logistics Academy launches a qualitative program to empower female leaders in Singapore 
Saudi Gazette reportRIYADH — The Saudi Logistics Academy has launched the first phase of the program to develop future leaders in the logistics sector to qualify and empower 15 female leaders in Singapore.This has been carried out in partnership with the Supply Chain and Logistics Academy (SCALA).The Executive Director of the Saudi Logistics Academy Dr. Abdullah Al-Abdulakareem said that the program is considered as one of the qualitative programs implemented for the first time in the region as a program dedicated to women leaders.He confirmed that the academy is keen to design unique training programs to develop the logistics sector.The program comprises more than 90 hours of intensive training with the best experts, with the aim of identifying the best practices in building, designing...
September 06, 2023

Saudi Logistics Academy launches a qualitative program to empower female leaders in Singapore 

Mother was referred to Public Prosecution after video of torturing child goes viral
Saudi Gazette reportDAMMAM — The Eastern Province police referred the case of a mother, who was accused of torturing her daughter, to the Public Prosecution. Police took the action against the woman after the video of the torture went viral on social media. The spokesman of police in the Eastern Province said that police monitored the incident after watching the circulated visual content about a child being subjected to violence and beating by her mother. “The case was investigated in coordination with the Family Protection Unit of the Ministry of Human Resources and Social Development, and the case was referred to the Public Prosecution after completing the legal procedures,” he said.The spokesman called on the public to report any cases involving child abuse by making a call over...
September 06, 2023

Mother was referred to Public Prosecution after video of torturing child goes viral

Custodian of the Two Holy Mosques King Salman chairs the Cabinet session in NEOM on Tuesday.
Cabinet discusses setting up of Riyadh-based Global Water Organization
NEOM — The Cabinet, chaired by the Custodian of the Two Holy Mosques King Salman Tuesday in NEOM, discussed the efforts made by the Kingdom in enhancing international multilateral cooperation to face water challenges around the world and taking the initiative to help tackle them.Such efforts to deal with water challenges include the establishment of a Riyadh-based Global Water Organization that aims to develop and integrate joint work between states and organizations in the water field to achieve sustainable development goals.Custodian of the Two Holy Mosques briefed the Cabinet on details of the conversations that took place with leaders of several countries over the past days regarding means of enhancing relations with the Kingdom in various fields.In statements to the Saudi Press...
September 06, 2023

Cabinet discusses setting up of Riyadh-based Global Water Organization

Saudi Central Bank Governor Ayman Al-Sayari addressing the Arab Banking Conference in Riyadh on Monday.
Al-Sayari: SAMA targets to raise FinTech companies to 525, with 18,000 new specialized jobs
Saudi Gazette reportJEDDAH — Saudi Central Bank (SAMA) Governor Ayman Al-Sayari said that SAMA targets to increase the number of financial technology (FinTech) companies to 525. He said this while reviewing the most prominent objectives of the SAMA’s FinTech strategy for the coming years.Addressing the Arab Banking Conference in Riyadh on Monday, Al-Sayari emphasized that the FinTech strategy aims to achieve the desired economic impact, as it targets increasing FinTech companies to 525. “The FinTech strategy will contribute to creating 18,000 specialized jobs, as well as contributing to the gross domestic product (GDP) by an amount exceeding SR13 billion by 2030. The Saudi financial sector has been supportive of economic growth in Saudi Arabia, as financial institutions have worked...
September 05, 2023

Al-Sayari: SAMA targets to raise FinTech companies to 525, with 18,000 new specialized jobs

Saudi Arabia’s new Ambassador to Iran Abdullah Al-Enezi arrives in the Iranian capital Tehran to assume his duties on Tuesday.
New Saudi Ambassador Al-Enezi arrives in Tehran
Saudi Gazette reportTEHRAN — Saudi Arabia’s new Ambassador to Iran Abdullah Al-Enezi arrived in the Iranian capital Tehran to assume his duties on Tuesday. Upon arrival, he was received by senior Iranian officials.Meanwhile, Alireza Enayati arrived in Riyadh to take over the mission of Iran’s new ambassador to Saudi Arabia, Al-Arabiya Television reported.Speaking to Saudi Press Agency in Tehran, Al-Enezi said he will exert all the efforts to strengthen the bilateral relations between the two countries. “The directives of the wise leadership confirm the importance of strengthening relations and intensifying communication and meetings between the Kingdom and Iran, and moving them towards broader horizons,” he said.The envoy also emphasized that Saudi Arabia and Iran are neighbors...
September 05, 2023

New Saudi Ambassador Al-Enezi arrives in Tehran

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