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The Ministry of Commerce and Saudi Authority for Intellectual Property are winning the battle against counterfeiting and fraud in the Kingdom, the authority’s spokesman said.A recent high-profile case related to a social media influencer, who sells counterfeit goods, revealed the need to fight fraud in the Kingdom.The influencer, who built a large audience of followers...
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Digital Saudi is an interactive platform for the beneficiaries, such as investors, entrepreneurs, citizens, residents, and government agencies, to know about all digital government services.The second day of the “Digital Saudi” Exhibition witnessed the launching of 9 new government digital services for seven government agencies.The launches started with (Life Experiences — with two aspects of...
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The fourth quarter of 2021 recorded a 400% jump in the issuing investment licenses compared to the same quarter of the previous year, deputy minister for economic affairs and investment studies at the Ministry of Investment, Dr. Saad Alshahrani said.On the sidelines of the Invest Saudi Forum at Expo Dubai 2020, Dr. Alshahrani explained that...
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The Saudi Premium Residency Center is taking a new move to allow Premium Residency holders to benefit from education and health services.(Special Privilege Iqama) holders will soon enjoy the exclusive rights of health and education sectors the same as Saudi citizens.The Saudi Premium Residency Center (PRC) plans to make new amendments in the Premium Residency...
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Saudi Shoura Council approves draft law to protect the Saudi flag, emblem, and national anthem. The proposed draft will now go to the Saudi Cabinet for approval.Saudi Arabia’s flag law dates back to 1973, but there is no law regarding the use of the royal emblem or anthem.The new draft law will target any misuse...
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Saudi Arabia signed off a law change on privatization to boost investments. The kingdom is now to consider fairness, transparency, and feasibility before giving the green light to private-public partnerships.The National Center for Privatization and PPP have approved a new set of rules which regulate how to reach great deals in this sector.Being published in...
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The twenty-first century is witnessing a global revolution in the innovation and development of mechanisms that provide goods and services to consumers, and different business owners compete to provide the best products and follow the best marketing strategies. An integral part of marketing is branding, which is witnessing an unprecedented awareness movement to protect merchants,...
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The Saudi Ministry of Commerce point out seven types of tasattur and the violators may be subject to imprisonment of up to five years and/or a fine of not more than five million Saudi riyals,The Ministry calls for owners of businesses and commercial enterprises to exploit the extended six-month corrective period for violators of the...
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A new decision was made by Saudi Arabia’s Capital Market Authority (CMA) to allow the institutions of the financial market to accept the subscriptions of non-Saudis in the real estate fund that invests part or all of its assets in a real estate located within the boundaries of Makah and Madinah.In its statement on Monday,...
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The Saudi Ministry of Justice states that the cases of lawyers who violated the judicial regulations and professional ethics were referred to the Lawyers Disciplinary Committee to take the necessary legal procedures.In coordination with the Saudi Bar Association (SBA), the ministry has detected a number of professional violations committed by many lawyers, these violations varied...
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