Chicago will host the US-Saudi Business Opportunities Forum, from 27-29 April, which seeks to highlight Saudi Arabia’s growing role in global financial and economic issues and the opportunities for greater economic collaboration between Saudi Arabia and the US A delegation of approximately 200 Saudi government and business leaders, including ministers of petroleum, commerce and industry, [...]
(Huffington Post) When a leading figure in the Saudi advertising sector told me last summer that the Saudi Religious Police approached him for ‘corporate re-branding’ suggestions, I couldn’t help but brush away the idea as nonsense. I wrongfully assumed that the ‘Haya’t al Amr Bil Ma’rouf wa Al Nahi an Al Munkar’ (The Committee of [...]
In a move to regulate the powers of the Commission for the Promotion of Virtue and Prevention of Vice, the Shoura Council Sunday approved a proposal to have the rights and duties of all members spelt out in a written document. The recommendation was approved by 100 Shoura Council members, with 16 voting against the [...]
The Saudi Government has recently unveiled the Kingdom’s largest budget for the 2010 fiscal year. Using conservative demand and pricing estimates for oil, the government projects revenues to value $125.3 billion (SR470 billion), while expenditures will total approximately $144 billion (SR540 billion), resulting in a projected deficit of $18.7 billion (SR 70 billion). The upcoming [...]
e to buy handguns and other personal firearms openly for the first time after the Ministry of Interior said Saturday it will license privately owned gun shops.
Anyone over 25 with a clean criminal record and a bank guarantee of SR500,000 can apply to open a gun store, the ministry said. An official said the move is aimed in part at reining in the widespread illegal ownership of handguns and assault weapons.
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