Royal decrees issued to help Saudis cope with VAT, price rises

Updated 07 January 2018
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Royal decrees issued to help Saudis cope with VAT, price rises

JEDDAH: The Saudi government on Saturday introduced measures to help citizens adjust to the new 5-percent value-added tax (VAT) and a hike in fuel and electricity prices.
The royal decrees include a financial support package to help citizens adjust to economic reforms.
The package includes citizens working in the state’s civilian and military sectors, as well as pensioners and students. It covers housing, education, health care and a rise in salaries.
For the next 12 months, Saudi civilian and military workers will see their salaries rise by SR1,000 ($267), while welfare recipients and pensioners will get an extra SR500 monthly for the rest of the year.
For one year, the state will also bear VAT for citizens using private health care and education.
Students in public universities will receive a 10-percent rise in their monthly allowances to help them cope with VAT.
The government supports Saudi students in public universities with a monthly allowance of $200-$300.
Students depend on these allowances for their study commitments, transportation, housing and personal needs.
Soldiers on the Kingdom’s southern border will get a one-time bonus of SR5,000. Also, first-time home buyers will have the VAT paid by the state — not exceeding in value SR850,000 — on the purchase.
The Kingdom is moving to reduce its reliance on oil, which is the biggest source of state revenue.
On the impact of these decrees, social media became a space for virtual celebration through which Saudis expressed their joy at the decision they described as generous.
Last year, the Ministry of Commerce and Investment claimed that the Kingdom’s recent economic reforms have seen the country ranked 10th in a report on the World Bank’s Minority Protection Index.
The World Bank Group report said the Kingdom is among the top 20 reformist countries in the world, and the second among the top high-income countries in the G-20 countries in terms of implementing reforms to improve the business climate.
 


Pakistan PM receives Saudi deputy interior minister in Islamabad

Saudi Deputy Interior Minister Nasser bin Abdulaziz Al-Dawood is received by Pakistani Prime Minister Shehbaz Sharif.
Updated 59 min 18 sec ago
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Pakistan PM receives Saudi deputy interior minister in Islamabad

  • Al-Dawood also met with Pakistan’s Interior Minister Mohsin Raza Naqvi and discussed boosting security cooperation

RIYADH: Saudi Deputy Interior Minister Nasser bin Abdulaziz Al-Dawood was received by Pakistani Prime Minister Shehbaz Sharif in Islamabad on Tuesday.

They reviewed bilateral relations and discussed topics of mutual interest, the Saudi Press Agency reported.

Al-Dawood also met with Pakistan’s Interior Minister Mohsin Raza Naqvi and discussed boosting security cooperation.

Saudi Ambassador to Pakistan Nawaf bin Saeed Al-Malki was among the Saudi officials in attendance.


AlUla Trail Race offers challenges for adventure enthusiasts of all levels

Updated 19 November 2024
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AlUla Trail Race offers challenges for adventure enthusiasts of all levels

  • Participants of all ages and fitness levels are invited to engage in this sporting challenge in a vibrant, competitive environment
  • Several races will be held at the event, organized by AlUla Moments, ranging from a 1.6 km Kids’ Run to a 100 km ultra-marathon

RIYADH: The AlUla Trail Race will take place on Jan. 23 and 24, 2025, offering a challenge with stunning scenery for adventure enthusiasts.

Participants of all ages and fitness levels are invited to engage in this sporting challenge in a vibrant, competitive environment, the Saudi Press Agency reported.

Several races will be held at the event, organized by AlUla Moments, ranging from a 1.6 km “Kids’ Run” to a 100 km ultra-marathon, providing options for all skill levels across AlUla’s desert landscape and ancient oases.

The AlUla Trail Race 2025 features seven distinct races, with participants viewing iconic AlUla locations, including Elephant Rock, Maraya (the world’s largest mirrored building), and the UNESCO World Heritage site of Hegra.

The 1.6 km race, for children aged 6 to 12, offers a safe and fun introduction to competitive running. The “Sunset Run” (3 km) allows participants aged 13 and older to explore AlUla’s oasis at sunset.

The 10 km “AlUla Oasis” race is open to runners aged 13 and older, suitable for beginners or those seeking a moderate challenge.

The “Elephant Rock” 23 km race is aimed at more experienced athletes aged 16 and older, and is equivalent to more than half a marathon.

The 50 km “Al-Mejdar” race is the toughest trial for runners aged 18 and older, while the 100 km “Hegra” event is the ultimate challenge for professional runners aged 18 and older, testing endurance in one of the most scenic and demanding races.

The event spans two days. On the first day, participants will register, receive race numbers and equipment, and attend a briefing before heading to the starting locations. Day one will also feature races for children, families and after-sunset events.

On day two, the 10 km, 23 km and ultramarathon races will be held, concluding with a ceremony to honor the winners and distribute awards.

In addition to the competitive atmosphere, the sports village will provide a range of food and beverages, including premium coffee, along with live music and entertainment.

Physiotherapy and rehabilitation spaces will be available for runners post-race.


Riyadh library launches cultural tourism initiative

Updated 19 November 2024
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Riyadh library launches cultural tourism initiative

Riyadh: The King Abdulaziz Public Library in Riyadh has launched an initiative to position Saudi Arabia as a top global destination for cultural tourism by attracting visitors worldwide to explore the library’s diverse branches, both within and outside the Kingdom.

This project aligns with the Kingdom’s Vision 2030 by strengthening national identity, fostering cultural exchange, and supporting sustainable development, the Saudi Press Agency reported.

Through its efforts, the library seeks to showcase Saudi Arabia’s rich heritage, folk arts, and traditions, while deepening citizens’ connections to their cultural roots and contributing to economic diversification.

The library’s general supervisor, Faisal bin Muammar, affirmed its commitment to advancing the Kingdom’s cultural and tourism objectives.

The library’s cultural tourism approach goes beyond traditional collections, offering access to historical and rare manuscripts, art and more.


Art Films Week sparks dialogue in Riyadh

Updated 19 November 2024
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Art Films Week sparks dialogue in Riyadh

  • Visitors can enjoy the screenings in Fenaa Alawwal’s outdoor area, where kiosks provide a variety of food and refreshments

Riyadh: Film enthusiasts have gathered at Riyadh’s Fenaa Alawwal for Art Films Week, an event showcasing a selection of acclaimed documentaries and animations aimed at fostering cultural exchange and dialogue, organized under Saudi Arabia’s Museums Commission.

Running until Nov. 21, the five-day Art Films Week is presenting five films: “Nam June Paik: Moon is the Oldest TV,” “Van Gogh and Japan,” “Omar Sharif: A Nomad’s Life,” “The King and Mister Bird,” and “The Prince Voyage.”

The opening day featured “Nam June Paik: Moon is the Oldest TV” by director Amanda Kim, which chronicles Paik’s meteoric rise in the New York art scene and his vision of a future where “everybody will have his own TV channel.”

South African visitor Gavin Eckhart emphasized the film’s potential to inspire self-expression in the modern age. “Showing this documentary in this context might allow people to find their own self-expression within the modern age,” he told Arab News. 

He further highlighted the artist’s innovative use of technology to break boundaries despite a restrictive upbringing.

“I have really enjoyed his expressive nature in the context of manipulating the available technology,” he said. “He was able to break boundaries and innovate despite his restrictive upbringing, doing so in the most avant-garde way.” 

The documentaries were selected to align with the event’s theme by exploring art and creativity, showcasing influential artists like Nam June Paik, and highlighting the intersection of art and culture.

Visitors can enjoy the screenings in Fenaa Alawwal’s outdoor area, where kiosks provide a variety of food and refreshments. 

Under Vision 2030’s Quality of Life Program, Saudi Arabia is witnessing transformative progress across various sectors, with the cultural industry playing a key role. The number of cultural facilities in the Kingdom surpassed its 2023 target of 41, reaching 45, reflecting the nation’s commitment to fostering a diverse cultural landscape. 

Fenaa Alawwal is a key cultural facility in the capital Riyadh and was established by the Ministry of Culture to promote culture as a way of life.

Its landmark building first opened in 1988 and was recently placed under the custody of the Royal Commission for Riyadh City as part of Saudi Vision 2030’s National Transformation Program. 


Saudi cabinet highlights strengthened partnerships with France, India

Updated 19 November 2024
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Saudi cabinet highlights strengthened partnerships with France, India

  • The session, chaired by King Salman in Riyadh, addressed key global and regional developments

The cabinet discussed on Tuesday the outcomes of the second Saudi-French Ministerial Committee meeting, focusing on enhancing cultural, tourism, and economic ties, particularly between AlUla and Paris.

The cabinet also praised the progress of the Saudi-Indian Strategic Partnership Council in boosting cooperation on economic and security matters.

The session, chaired by King Salman in Riyadh, addressed key global and regional developments. The Cabinet condemned Israeli actions targeting civilians in Palestine and plans to expand West Bank settlements, citing their threat to regional stability and peace efforts.

Domestically, the council commended King Salman’s support of the Riyadh Economic Forum and the success of "Cityscape Global 2024," which saw transactions surpassing 230 billion riyals and attendance exceeding 172,000 visitors.

The cabinet lauded the "Jeddah Declaration" issued at the Fourth Global Ministerial Conference on Antimicrobial Resistance, reaffirming commitments to tackle global health challenges. It also noted preparations for the Saudi Green Initiative Forum in December, which has already delivered significant achievements in renewable energy, tree planting, and wildlife resettlement.