Government | Tuesday 31 October, 2023 8:42 am

Consultative Industry Group discusses role of experts in restructuring struggling companies

Younis Haji Al Khoori, Undersecretary of the Ministry of Finance, chaired a meeting of experts from the Consultative Industry Group (CIG) Financial Reorganization Committee. The meeting included a number of specialists in bankruptcy and financial restructuring from global and local offices and...

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Government | Monday 30 October, 2023 11:14 am

COP28 President calls for improved adaptation finance for vulnerable nations at Climate and Development Ministerial

Dr. Sultan bin Ahmed Al Jaber, Minister of Industry and Advanced Technology and COP28 President, has called for greater efforts to tackle adaptation finance gaps and prioritise actions to make climate finance more accessible to vulnerable nations.His remarks came during the third Climate and...

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Government | Sunday 29 October, 2023 8:45 am

Cabinet approves Zakat, Tax and Customs Committees rules

The Cabinet approved the work rules for Zakat, Tax and Customs Committees, Umm Al-Qura newspaper reported on Oct. 27.   Under the decision, the decisions of adjudication and appeal departments would be final and not subject to challenge before any other judicial...

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Government | Sunday 29 October, 2023 8:37 am

Cabinet approves governance of requests to change localization strategy

The Cabinet approved the governance of requests to change the localization strategy, Umm Al-Qura newspaper reported on Oct. 27.   The governance is based on several pillars, including strategic direction and strategy implementation, and these pillars include several categories, most...

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Government | Wednesday 25 October, 2023 8:44 am

HRH Prince Turki bin Bandar, Commander of the Royal Saudi Air Forces, Launches THE New Strategy and Identity for “SAMI Aerospace Mechanics”

HRH Prince Turki bin Bandar bin Abdulaziz Al Saud, Commander of the Royal Saudi Air Forces, joined SAMI’s senior leadership at the launch event, which took place at the company’s headquarters in Jeddah. Unveiled the strategy and new identity for “SAMI Aerospace Mechanics” that will drive...

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Government | Tuesday 24 October, 2023 9:02 am

Public Prosecution convicts 7 for over SAR 1 bln in money laundering

The Prosecution for Financial Fraud Crimes concluded investigations into a criminal organization consisting of six citizens and an expatriate of Arab nationality for involvement in money laundering.     The citizens...

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Government | Monday 23 October, 2023 3:14 pm

Crown Prince launches Esports World Cup

Crown Prince Mohammed bin Salman announced today, Oct. 23, the launch of the Esports World Cup to be held annually in Riyadh starting summer 2024.   The event will serve as a platform that supports the gaming and esports sector and consolidates Saudi Arabia’s position as a hub for...

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Government | Monday 23 October, 2023 8:26 am

Saudi Arabia, South Korea sign bilateral agreements

Saudi Crown Prince Mohammed bin Salman welcomed Korean President Yoon Suk Yeol at Al Yamamah Palace in Riyadh today, Oct. 22. Both leaders held an expanded meeting, and an official talks session, the SPA reported. During the meeting, the two sides held official discussions about bilateral ...

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Government | Sunday 22 October, 2023 12:56 pm

Dubai Customs Showcases Cutting-Edge Innovations and Expands Global Collaborations

Dubai Customs is deeply committed to bolstering its regional and global prominence in advancing customs operations. They achieve this by nurturing partnerships with customs administrations worldwide. This is accomplished through hosting visiting delegations and acquainting them with the innovative...

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Government | Saturday 21 October, 2023 7:51 am

Real Estate Registry to establish unit to preserve rights: Official

The National Real Estate Registration Services Co. (Real Estate Registry) seeks to establish an advanced real estate registry to preserve real estate rights, as well as provide a sustainable real estate environment and an effective system for the local real estate sector, said CEO Mohammad...

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