Okaz/Saudi Gazette
JEDDAH — The General Authority for Competition (GAC) has imposed fines amounting to SR53 million on four companies violating the Competition Law. Okaz/Saudi Gazette has learned that the authority would soon defame these companies (...)
Okaz/Saudi Gazette
JEDDAH — The total electronic payment on entertainment, hotel and cultural sectors reached SR53.56 million on a daily basis during the year 2019. The average daily payment of these sectors, for the first time, crossed the SR50 (...)
Okaz/Saudi Gazette
JEDDAH — The Ministry of Labor and Social Development has started allowing the transfer of domestic labor service from individual sponsors to establishments with a change of profession after a hiatus of seven years. Okaz/Saudi (...)
Okaz/Saudi Gazette
RIYADH — The Small and Medium Enterprises (SMEs) General Authority (Monshaat) has begun refunding government fees to some small and medium enterprises as part of a government fee recovery initiative after the service was (...)
Okaz/Saudi Gazette
JEDDAH — Minister of Labor and Social Development Ahmed Al-Rajhi said that the Ministry would make mandatory the electronic documentation of labor contracts of employees in the private sector in a gradual manner.
"The process of (...)
Okaz/Saudi Gazette
JEDDAH — The higher authorities have approved the establishment of a non-profit private entity called "Future Investment Initiative Foundation" that enjoys full financial and administrative independence.
The Riyadh-based (...)
Okaz/Saudi Gazette
JEDDAH — The government will bear a maximum amount of around SR29.75 billion toward the expatriate fees in industrial sector for a period of five years.
The government recently took this decision as part of the short-term urgent (...)
Okaz/Saudi Gazette
JEDDAH — The competent authorities have approved the transfer of eight sites, which formerly belonged to the Saudi Aramco, to the General Real Estate Authority (GREA) in preparation for the issuance of sukuk (bonds) on behalf of (...)
Okaz/Saudi Gazette
JEDDAH — The Supreme Authorities have approved a reciprocal agreement with South Korea under which citizens of the two countries will be granted a five-year multiple entry visas.
The fees for the visa will be $90 (SR337.5) but (...)