Category: Local News

Moajab: Corruption follow-up to continue 0

Moajab: Corruption follow-up to continue

    Saudi Gazette report RIYADH — Corruption is not restricted to particular companies or government authorities, and there will be follow-up of these companies by the concerned authorities, Saudi Press Agency quoted Attorney General...

Saudi Arabia for withdrawal of foreign forces from Syria 0

Saudi Arabia for withdrawal of foreign forces from Syria

  Brussels — Saudi Arabia looks forward to a resolution of the conflict in Syria that preserves its independence and unity and leads to the withdrawal of foreign forces from the country, Saudi Minister of...

Shoura for education plan overhaul 0

Shoura for education plan overhaul

  Saudi Gazette report Riyadh — The Shoura Council on Monday called on the Ministry of Education to review the reform strategy of education, adopt a unified and integrated plan for educational initiatives and increase...

Saudi Arabia, Egypt ‘safety valve of Arab, Islamic nation’ 0

Saudi Arabia, Egypt ‘safety valve of Arab, Islamic nation’

  The pavilion contains many prominent Saudi publications, as well as a visual arts exhibition highlighting the Kingdom’s heritage El-Sisi adviser visits Saudi pavilion at Cairo book fair   JEDDAH: Dr. Osama Al-Azhari, the...

Nearly 2.54m residence, labor violators arrested across Saudi Arabia 0

Nearly 2.54m residence, labor violators arrested across Saudi Arabia

  The total number of violators being subjected to procedures is 11,202, including 9,968 men and 1,238 women JEDDAH: More than 2.54 million violators of residency, work and border security systems have been arrested...

Saudi anti-corruption crackdown recovers $106 billion in assets 0

Saudi anti-corruption crackdown recovers $106 billion in assets

  More than SR400 billion ($107bn) was “retrieved to the state treasury” Settlements were reached with 87 of those accused after they confessed RIYADH: Saudi investigators have recovered assets worth more than $106 billion...

Corrupt officials feel the pinch 0

Corrupt officials feel the pinch

  Corrupt officials feel the pinch 126 municipality staff suspended within 33 days after Qasabi’s takeover   Okaz/Saudi Gazette RIYADH — The disciplinary action against 126 municipal employees across the Kingdom on corruption charges comes...

SMEs comprise ‘99% of Saudi private sector’ 0

SMEs comprise ‘99% of Saudi private sector’

SMEs are absorbing some 70 percent of the country’s workforce JEDDAH: Ninety-nine percent of the Saudi private sector consists of small and medium enterprises (SMEs), the secretary-general of the National Entrepreneurship Initiative (NEI), Omar...

Saudi Arabia launches new phase of renewables plan 0

Saudi Arabia launches new phase of renewables plan

The combined generation capacity will be 1.51 gigawatts, enough to power 226,500 households The projects are expected to create more than 4,500 jobs during construction, operations and maintenance LONDON: Saudi Arabia has launched the...

126 local government employees suspended on corruption charges 0

126 local government employees suspended on corruption charges

  RIYADH – Ministry of Municipal and Rural Affairs said on Tuesday it had suspended 126 local government employees at municipalities across the kingdom on corruption charges. “They are charged with involvement in a number...

Unemployment rate of Saudis decreases 0

Unemployment rate of Saudis decreases

        Saudi Gazette report   RIYADH — The unemployment rate of Saudis decreased from 12.9% in Q3 of 2018 to 12.8% in the previous quarter, according to the General Authority for...

Saudi Arabian government to spend $27 billion on industry development plan 0

Saudi Arabian government to spend $27 billion on industry development plan

Saudi Arabia’s 2019 budget allocated $8.7 billion for the energy, industry, mining and logistics sectors Saudi Arabian government will spend $27 billion in 2019 and 2020 RIYADH: The Saudi Arabian government will spend $27...

Saudi Arabia seeks to attract $427 bln with industrial program 0

Saudi Arabia seeks to attract $427 bln with industrial program

  Riyadh — Saudi Arabia aims to attract investment worth 1.6 trillion riyals ($427 billion) through a national industrial development and logistics program, Energy Minister Khalid Al-Falih said on Saturday. He said Riyadh would announce...

Banks can’t withhold end-of-service award 0

Banks can’t withhold end-of-service award

By Saleh Al-Zahrani Okaz/Saudi Gazette JEDDAH — Banks are not allowed to withhold a Saudi client’s end-of-service award or deduct any amount from it unless there is a judicial verdict to do so, according to...

Shoura seeks details of study on raising private sector fees 0

Shoura seeks details of study on raising private sector fees

RIYADH — The Shoura Council on Wednesday sought from the Ministry of Commerce and Investment the outcome of studies to raise various fees on the private sector. The Council session, chaired by its President Abdullah...

Deal signed to localize 80,000 jobs in real estate, contracting 0

Deal signed to localize 80,000 jobs in real estate, contracting

  The deal aims to increase the Saudization rate and motivate growth in the real estate and contracting sectors JEDDAH: A memorandum of cooperation (MoC) was signed on Wednesday to localize 80,000 jobs for...

No delays in private sector’s payments, says Saudi ministry 0

No delays in private sector’s payments, says Saudi ministry

    Foreign investment in Saudi Arabia more than doubled in 2018 to reach $3.5 billion JEDDAH: Saudi Arabia’s Finance Ministry has confirmed that 97 percent of its payments for private sector contracts are...

SAMA receives requests to open digital, traditional banks 0

SAMA receives requests to open digital, traditional banks

  RIYADH — The Saudi Arabian Monetary Authority (SAMA) has received requests to open digital and traditional banks, Saudi Press Agency (SPA) reported, citing Ahmed Al-Kholifey, the central bank’s governor. SAMA is open to receiving...