Saudi Minister of Justice approves new bankruptcy case rules

Justice Minister and President of the Supreme Judicial Council Dr. Walid bin Mohammed Al-Samaani has approved new rules regulating bankruptcy cases’ procedures in commercial courts.(AN Photo)
Updated 19 November 2019
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Saudi Minister of Justice approves new bankruptcy case rules

  • Justice Minister and President of the Supreme Judicial Council Dr. Walid bin Mohammed Al-Samaani has approved new rules regulating bankruptcy cases’ procedures in commercial courts

RIYADH: Justice Minister and President of the Supreme Judicial Council Dr. Walid bin Mohammed Al-Samaani has approved new rules regulating bankruptcy cases’ procedures in commercial courts.

These regulations were issued after an agreement with the Supreme Judicial Council, giving effect to provisions of paragraph III of article 97 from the executive rules of the bankruptcy system.

They were developed after a survey of the requirements of those cases’ procedures in commercial courts, exploring competent and relevant authorities’ perspectives, and benefiting from the most notable international experience.

They include 24 articles regulating the procedures for reviewing requests under the bankruptcy system and its executive rules in commercial courts. The provisions of rules included: procedures related to jurisdiction and judicial processes in bankruptcy applications, duties of the unit specialized in managing bankruptcy cases in court, procedures for submitting requests and records, suspension of demands, precautionary applications, the inspection of the application and adjudication and the mechanism for issuing rules and decisions and challenging them.

Some of the most important rules which will be enacted after being published in the official gazette are: charting the course of bankruptcy cases from presenting the application until adjudicating it, and determining the case’s timeframe while taking into account the nature of bankruptcy cases. The rules also included activating the role of the administrative unit specializing in bankruptcy cases, and benefiting from modern electronic means in processing those cases, in support of the speedy completion of bankruptcy cases and the improvement of procedural labor in commercial courts which will lead to increased efficiency in bankruptcy cases.

They are expected to have an important effect in the Kingdom’s future classification for resolving bankruptcy cases in the World Bank's annual Doing Business report.


Riyadh to host second edition of Model of Care Forum

Updated 6 sec ago
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Riyadh to host second edition of Model of Care Forum

  • Forum aims to introduce the Saudi healthcare model locally and internationally, highlight success stories, and outline future goals and ambitions
  • Forum represents the second phase in a four-part strategic process in the healthcare sector’s transformation

RIYADH: Riyadh will host the second edition of the Model of Care Forum under the patronage of Minister of Health Fahad Al-Jalajel.

Organised by the Health Holding Co. on Jan. 28-29, the forum will be held at Malfa Hall in Prince Mohammed bin Salman Nonprofit City.

The forum aims to introduce the Saudi healthcare model locally and internationally, highlight success stories, and outline future goals and ambitions in line with the Saudi Vision 2030.

It also promotes partnership in healthcare among individuals and their families by taking necessary measures to maintain their health, ensuring the provision of healthcare that meets societal needs according to the highest quality standards.

The forum represents the second phase in a four-part strategic process in the healthcare sector’s transformation, aimed at developing the healthcare model in the Kingdom.

The Health Holding Co. is playing a key role in enabling healthcare delivery through 20 health clusters across Saudi Arabia.


Directorate imposes new exit visa requirement

Updated 09 January 2025
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Directorate imposes new exit visa requirement

  • Directorate addressed employers, stating that if a resident identity is valid for fewer than 30 days, the final exit visa may not be issued
  • Resident identity must be renewed for the issuance of the final exit visa

RIYADH: The Saudi General Directorate of Passports has said that resident identities must be valid for at least 30 days when applying for a final exit visa.

The directorate addressed employers, stating that if a resident identity is valid for fewer than 30 days, the final exit visa may not be issued. In that case, the resident identity must be renewed for the issuance of the final exit visa.

It noted that if a resident identity is valid for more than 30 days and fewer than 60 days, a final exit visa may be issued for the resident identity’s remaining period.

If the resident identity is valid for 60 days or more, the final exit visa may be issued for 60 days only.

The directorate noted that employers may issue final exit visas for their sponsored workers or affiliated family members through the Ministry of Interior’s Absher Business platform, and the Muqeem portal.


Saudi king and crown prince congratulate Joseph Aoun on being elected president of Lebanon

Saudi Arabia’s King Salman and Crown Prince Mohammed bin Salman. (File/SPA)
Updated 09 January 2025
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Saudi king and crown prince congratulate Joseph Aoun on being elected president of Lebanon

  • In a congratulatory cable, King Salman wished Aoun success and the Lebanese people further progress and prosperity

RIYADH: Saudi Arabia’s King Salman and Crown Prince Mohammed bin Salman congratulated Joseph Aoun on being elected president of Lebanon on Thursday.

In a congratulatory cable, King Salman wished Aoun success and the Lebanese people further progress and prosperity.The crown prince sent a similar cable.

Lebanon’s parliament voted Thursday to elect the country’s army commander, Joseph Aoun, as head of state, filling a more than two-year-long presidential vacuum.

Thursday’s session was the 13th attempt to elect a successor to Michel Aoun, whose term ended in October 2022.


King Abdulaziz Public Library launches Thara Saudi, Athar initiatives

The Thara Saudi and Athar initiatives are launched at the third Saudi Tourism Forum in Riyadh. (Supplied)
Updated 09 January 2025
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King Abdulaziz Public Library launches Thara Saudi, Athar initiatives

  • Through Thara Saudi the KAPL offers a number of programs that contribute to highlighting cultural tourism
  • Athar is an interactive platform inspired by one of the pioneering national documentation projects, “The Encyclopedia of the Kingdom of Saudi Arabia”

RIYADH: General Supervisor of the King Abdulaziz Public Library Faisal bin Abdulrahman bin Muammar launched the Thara Saudi and Athar initiatives at the third Saudi Tourism Forum in Riyadh.

Through Thara Saudi the KAPL offers a number of programs that contribute to highlighting cultural tourism, while Athar is an interactive platform inspired by one of the pioneering national documentation projects, “The Encyclopedia of the Kingdom of Saudi Arabia.”

Speaking at the launch, Muammar said: “The Thara Saudi Arabia is the initiative through which the library seeks to provide a distinctive cultural tourism experience that reflects the rich and diverse history and culture of the Kingdom and aims to present a sustainable vision that contributes to enhancing local culture in global languages.

“It comes as an expression of the efforts of 40 years of cultural and cognitive work, which created a national legacy and a sustainable impact,” added Muammar.

He said the KAPL also launched the Athar initiative, which represents the historical monuments and landmarks mentioned in the encyclopedia of Saudi Arabia, enabling tourists to discover the Kingdom in an unprecedented way.

This project is designed to enhance the Kingdom’s position as a global destination for cultural tourism, and reflects the great diversity Saudi Arabia enjoys.

Through its pavilion at the Saudi Tourism Forum, which was held from Jan. 7-9 at the Riyadh Front, the KAPL seeks to enhance cultural awareness and provide knowledge content that contributes to highlighting the Saudi national heritage, and encourages the exploration of the Kingdom’s unique cultural destinations.

In November the KAPL 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.

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

Through its efforts, the KAPL 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.


Al-Baha almond season flourishes with vibrant blooms

Updated 09 January 2025
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Al-Baha almond season flourishes with vibrant blooms

AL-BAHA: Saudi Arabia's southwestern region of Al-Baha transforms into a stunning landscape in winter, with gardens and parks adorned in shades of white and pink blossoms of almond trees. 

This year, the almond blossom season in the region is remarkable amid ideal weather conditions fostering dense, vibrant flowers. Local farmers are optimistic about the upcoming harvest, carefully tending to the trees to ensure optimal yield. 

Almond farming is a longstanding tradition in Al-Baha, playing a vital role in the local economy. (SPA)

Almond cultivation is a longstanding tradition in Al-Baha, playing a vital role in the local economy by creating job opportunities for farmers and promoting agricultural trade. The exquisite almond blossoms also attract tourists, advancing the growth of ecotourism in the region. 

The cultivation of almond trees is prevalent throughout the Sarawat Mountains in Al-Baha, as well as in the governorates of Baljurashi, Al Mandaq, and Bani Hassan. 


READ MORE: Saudis are still nuts about almonds amid revival in cultivation


A single almond tree can yield about 200 kilograms of nuts each season, farmers say. 

The Ministry of Environment, Water and Agriculture branch in Al-Baha has been instrumental in promoting almond tree cultivation by introducing investment opportunities and enhancing farmers' expertise through a range of informative workshops.