Saudi Arabia News

Investment Opportunity in Saudi Aramco IPO starts November – Photobook Photography Article

Investment Opportunity in Saudi Aramco IPO starts November Saudi Arabia News By shafprince | November 11, 2019Saudi ARAMCO is one of the largest Saudi Arabian Oil and Natural Gas company is launching its IPO (Initial Public Offers) and will start taking bidding from investors to purchase ARAMCO stocks starting November 2019.This announcement was made last Saturday and ARAMCO will release it IPO prospectus soon. The Final pric eof ARAMCO sahre will be decided after 5th of December 2019 after the offerings and subscriptions…

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Saudi Aramco reduces Domestic Gas | Petrol Prices – Photobook Photography Article

Saudi Aramco reduces Domestic Gas | Petrol Prices Saudi Arabia News By shafprince | October 23, 2019Saudi Aramco is one of the largest Petroleum and Natural Gas company in the Kingdom of Saudi Arabia has announced that domestic Gas prices will be reduced starting 20th October 2019.Aramcos’s 91 Grade Petrol:Reduced to 1.5 Riyals/ litre from 1.52 Riyals/litreAramcos’s 95 Grade Petrol:Reduced to 2.05 Riyals/ litre from 2.18 Riyals/litreAramcos’s 91 grade petrol is used in most of the modern cars whereas Aramco’s 95 grade petrol…

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Saudi Expat Dependent Fees in 2020 & 2021? – Photobook Photography Article

Saudi Expat Dependent Fees in 2020 & 2021? Iqama (Muqeem) By shafprince | October 22, 2019Shoura Council in Saudi Arabia had a meeting amongst them to discuss and carry out a study regarding Expat Dependent Fees 2020 and its possibility of keeping the Expat Dependent Fees or not after the year 2020 at the same level.The discussion was carried out on whether to keep the Saudi Expatriate Fee on companies and Dependet Fees on Expats for the year 2020 at the same level.Here…

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Bad Behavior at Work is Strictly Punishable in Saudi – Photobook Photography Article

Bad Behavior at Work is Strictly Punishable in Saudi Saudi Arabia News By shafprince | October 10, 2019Ministry of Labor & Social Development has approved control over the acts against bad behavior at work. As per the resolution passed the aim is to protect freedom, dignity and privacy of an individual.This resolution will start from October 20 2019 and as per Khaled Abba Al-Khayl who is the official spoke person has explained that this decision was taken to improve work environment across Saudi…

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Parking Lots Privatization Initialized in the Kingdom – Photobook Photography Article

Saudi Arabia News By shafprince | September 26, 2019Saudi Council of Ministers have approved an initiative for privatizing Parking lots in the kingdom of Saudi Arabia.There have been many parking spaces in Riyadh, Makkah, Madinah which will be utilized for such initiative. The Council of Economic & Development Affairs (CEDA) has decided to offer a public-private partnership projects for parking space in Makkah, Madinah, Riyadh region and the Eastern Province on an experimental basis on unused land owned by the mayoralties.Parking Lots Privatization…

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SR 30 Bn for Expat Fees to be borne by State – Photobook Photography Article

Saudi Arabia News By shafprince | September 25, 2019Saudi government has recently shared a news that Expats Fees will be taken care by State for those who are working in factories. Maximum of SR 30 Billions will be bared by the government towards the expatriate fees in industrial sector for a period of five years.This decision was made by the Saudi government to boost investors towards Industrial sector and to give short-term solution to factory workers Jobs to achieve Vision 2030 goal.The Ministry…

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Things Happening in Saudi Arabia – Sep 2019 – Photobook Photography Article

Saudi Arabia News By shafprince | September 24, 2019– 89th National Day Celebrations completed successfully– Women Empowerment in line with Vision 2030 carried out in all sectors– Aramco standing strong even after the drone attack– Housing project for 30,000 NEOM workers launched– Restructuring of Transit, Hajj & Umrah Visa– Multiple VISA with One year Visa Validity for SR 300– Saudi woman appointed as traffic collision inspector with Najm– King Salman to attend inauguration of KAIA project– Ministry of Justice starts 15 e-services for…

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Good News for Expats – State to Bear Expat Fees for Few Roles – Photobook Photography Article

Saudi Arabia News By shafprince | September 21, 2019Expatriates working in industrial installations, holding industrial licenses (factory workers) Expat Fees will be now beared by the State itself for five years.This decision was issued so that expatriate fees in industrial installations, holding industrial licenses, for a period of five years.Based on the above decision the Ministry of Industry and Mineral Resources will lay down the required criteria in co-ordination with the Ministry of Labor and Social development.This decision will definitely boost industrial investments…

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4 Days Holiday – Saudi Arabia’s 89th National Day Celebrations – Photobook Photography Article

Saudi Arabia News By shafprince | September 18, 2019Saudi Arabia is preparing for its 89th National Day Celebrations which is on 23rd September. National Day Celebrations will start few days prior and the country’s entertainment authority is organizing all the arrangements for celebrating Saudi’s 89th National Day.Saudi has announced 4 day holiday for it National Day for all the people living in the country to enjoy the occasion. Celebrations includes fireworks, entertainment concerts, and other exciting events.Here is a list of events scheduled…

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Zip Codes, Postal Codes of Saudi Arabia, Jeddah, Riyadh Cities Zip Code KSA – Photobook Photography Article

Zip Code is a postal code number to identify specific regions in Saudi Arabia. Saudi Arabian Zip Codes consists of five or nine digits.Wherever you’re writing an address its important to write the postal code or pin-code of that area location so that any person could find it easily.Specially these postal codes are used by courier services to deliver any product or service to your correct locations. Its used by post mans to deliver letters and post-cards to your location…

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First International Flight from New King AbdulAziz International Airport – Photobook Photography Article

Saudi Arabia News By shafprince | August 13, 2019The New King AbdulAziz International Airport which was fully opened in March 2019 with opening of all 46 gates) all flight domestic and international scheduled between JAN – MAR 2019. New King AbdulAziz International Airport Details:The new KAIA (King AbdulAziz International Airport) will make traveeling easier for local and international passengers to visit and do business in the western region of the Kingdom.It aims to raise the level of service provided to airport passengers in…

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Shoura Council discussed on 6 hour working per day – Photobook Photography Article

Employee Benefits By shafprince | August 8, 2019Most of the companies in the kingdom of Saudi Arabia work 8-hours per day, but it doesn’t mean that people who are working fully 8 hours per day are 100% utilised. People working private sectors in Saudi Arabia have been asking this from long time to reduce the no. of workings hours.In countries like, Sweden, Portugal and France many companies have applied 6-hour work per day, which is boosting employee morale and is keeping them energetic…

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Fines on Private Companies for Salary Delays, Work Hours, Leaves – Photobook Photography Article

Saudi Arabia News By shafprince | August 5, 2019MOL (Ministry of Labor & Social Development) in Saudi Arabia will fine a private established for not paying Salaries on time. Any delay in Salary for employees working in Private establishments will be levied SR 3000 per member.Additionally, the ministry added that the private establishment will be levied with a Fine of SR 10,000 for each employee in case of delay in paying End of Service benefits payment by a maximum of period of two…

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Mazoun to be penalized for Child Marriage in Saudi – Photobook Photography Article

Saudi Arabia News By shafprince | August 4, 2019A Marraige official (Mazoun) is being followed upon by a Justice Minister in the Kingdom of Saudi Arabia for marrying a 10 year olf girl child.Justice Minister Walid Mohammed Al-Samaani has forwarded this to the Ministry of Labor & Social development as its a violation of Child Protection Law in Saudi Arabia and Mazoun has violated this law.As per the ministry, these cases are dealt only by courts to protect the minor girls against any…

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No Restrictions on Women Travelling Now in Saudi – Photobook Photography Article

Saudi Arabia News By shafprince | August 4, 2019Saudi Arabia which was known as a fully Islamic country is now moving toward westernizing all its rules and regulations from Women Drivers, Movie Theaters in the country and Live Shows which were earlier prohibited have now become a legal in Saudi Arabia.In addition to it Saudi women no longer require a Meh-ram (Male guardian) permission to travel anywhere or get a passport. This announcement came from Royal Decree Kin Salman bin AbdulAzizNo Restrictions on…

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100% Saudization towards Hospitality Sector in KSA – Photobook Photography Article

Ministry of Labor & Social Development in Saudi Arabia has announced a decision to Saudize hospitality sector management & specialists professions now.It means 100% Saudization of jobs from 3-star hotels and above, including resorts, hotel suites, villas and etc.Saudization of Hospitality sector will be carried out in 3 phases to make 100% Saudization.First, Administrative Jobs in Hospitality sector will be done in the first phase of Saudization which will include marketing, Front Office, Purchases and reservations etc.This will start from…

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Shops to be closed during Prayer timings, but Extended Business Hours – Photobook Photography Article

Saudi Arabia News By shafprince | July 23, 2019Earlier there were rumors that shops can be kept opened during Prayer Times in Saudi Arabia and the law to keep the shops closed during Prayer Times got changed.No, Saudi Arabia is not going to allow shops to stay open during prayers as a practice which is followed since ages in the kingdom.As a Muslim country Saudi Arabia has been practicing closure of shops during Prayer times for good to have all the shopkeepers perform…

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King Salman invites families of New Zealand Victims to perform Hajj – Photobook Photography Article

Saudi Arabia News By shafprince | July 19, 2019Saudi Arabia is getting prepared to host Hajj 2019 this year with hosting pilgrims all around the world in August. Hajj 2019 is set to begin 9th of August and end on 14th August.King Salman has issued an official order to host 200 pilgrims who are the families of the victims who were a part of tragic terror attack happened in Christchurch New Zealand.The official order was directed by King Salman on Tuesday to the…

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Expatriate got Exit Visa with Violation of SR 420,000 – Photobook Photography Article

Saudi Arabia News By shafprince | July 10, 2019An Expatriate who was working as a human resource manager who took advantage of his post and expelled 30 Saudis earlier got into a case under The Ministry of Labor branch in the Eastern Province and 30 Saudis joined back to their positions.Expatriate clearly took advantage of the situation and contravened the regulations which prohibits expats occupying such posts.When the case was followed up by The Director General of the Ministry of Labor and Social…

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First Flight to NEOM Bay by Saudi Arabian Airlines – Photobook Photography Article

Saudi Arabia News By shafprince | July 7, 2019Saudi Arabian Airlines (Saudia) operated its First Flight to NEOM Bay on Sunday, the SV 2030 to Neom Bay Airport.The new airport was inaugurated last week in the presence of the Chairman of the General Authority of Civil Aviation (GACA) Abdulhadi Bin Ahmed Al-Mansouri, Director General of Saudi Arabian Airlines Saleh Al-Jasser and CEO of NEOM Company Nazmi Al-Nasr.First Flight to NEOM BayEarlier, the (MCIT) Ministry of Communications and Information Technology announced that Neom Bay…

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First 5G Service in Saudi Arabia launched by STC – Photobook Photography Article

Saudi Arabia News By shafprince | June 24, 2019Saudi Telecom Company is one of a leading technology service provider in the kingdom of Saudi Arabia which has now launched 5th generation (5G) wireless network service in Saudi Arabia.STC is the first operator in KSA to provide 5G services and their CEO has confirmed that STC has developed the infrastructure of wireless networks in Saudi and has extended their range providing the latest global technologies, and accelerated the deployment of 5G networks, which is…

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Difference between 5G Vs 4G Networks – Photobook Photography Article

Saudi Arabia News By shafprince | June 22, 20195G Service is a 5th generation network with updated and enhanced technology which will provide speed and performance to wireless networks.This will enhance th communication one between people, computers and internet related services which will help the future technology of Artificial Intelligence and Robotics.5G will more smarter, faster and efficient than the earlier network (4G). With speeds of up to 100 gigabits per second, 5G is set to be as much as 100 times faster…

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Indian Embassy extends E-Visa facility for Saudi Nationals – Photobook Photography Article

E-Visa facility for Saudi Nationals in India. Any Saudi National who is willing to travel to any city in India by applying VISA online from their homes.Indian Embassy has extended the E-Visa facility to Saudi Nationals so that this will help saudi nationals to apply visa with their comfort. Below are the types of Visas which will be available to apply online:E-touristE-businessE-conference andE-medical visasAll the instructions are available on the Official website of India’s Bureau of Immigration (https://boi.gov.in)Eligibility for getting an…

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