CPA to file new case against chambers

Updated 07 December 2012

CPA to file new case against chambers

The Consumer Protection Association described the positions of the chambers of commerce and industry in Jeddah and Riyadh as “disobedient” and said that it is facing the same response from chambers at all regions.
It said that most of them did not commit to the Cabinet decision for each of them in every region in the country to allocate 10 percent of the fees they impose on approving commercial documents annually as revenues for the CPA.
On Wednesday, the Administrative Court in Riyadh ordered the Riyadh Chamber to pay the annual 10 percent, but an official at the chamber told a local newspaper that it would appeal the verdict.
Naser Al-Tuwaim, head of the CPA, told the newspaper that the CPA intended to file a similar case to demand its payments from the Jeddah Chamber of Commerce and Industry (JCCI). “We won the case against the Riyadh Chamber and we will file another against the Jeddah Chamber, because these two are the ones who led the disobedience of not paying the CPA’s payments as per the Council of Ministers’ decision.”
Abdulaziz Al-Ajlan, member of the board at Riyadh Chamber, said that the CPA “should look for sources of income away from traders.” He wondered how would the CPA demand financial support when there is a “conflict of interest” represented in the fact the CPA is concerned with consumers and the chambers are concerned with traders.
Al-Tuwaim, the CPA’s head, said the CPA had tried to solve the issue (before going to court) through several correspondences sent from time to time to Riyadh Chamber, “but these attempts failed. The chamber ignored them.”
The CPA's lawyer Muhammad bin Abdullah Al-Oraifi said the CPA will file cases against a number of chambers that did not implement the Council of Ministers’ decision and that court will bring justice to the CPA. “It is a matter of time. The CPA will get its payments.”
Al-Tuwaim said: “Consumers will feel the results of the court decision (against Riyadh chamber) after the chamber had caused obstructions to the CPA’s progress and programs for a long time.”
The newspaper quoted sources from the CPA as saying the CPA intended to pursue local banks because of “breaches to regulations” in the next few weeks. They said the CPA’s studies regarding banks showed that some Saudi banks have committed breaches represented in imposing administrative fees on the issuance and renewal of ATM cards, and that some of them deduct two riyals from accounts that contain less than SR1, 000.
The CPA will file a detailed report to the Saudi Arabian Monetary Agency (the country’s central bank) on breaches some banks commit against their clients in a few weeks.

Italy pledges electronic warfare support to Saudi Arabia

Updated 59 min 41 sec ago

Italy pledges electronic warfare support to Saudi Arabia

  • Saudi-Italian collaboration to develop electronic defense solutions pushed in workshop organized by the Italian Embassy, KACST and Elettronica SpA
  • Italy's Elettronica specializes in the designing and manufacturing electronic warfare equipment

RIYADH: Italy has pledged to support the Kingdom with electronic warfare and defense electronics, offering a range of state-of-the-art solutions to counter threats. 

The call for Saudi-Italian collaboration was made on Thursday at a workshop organized jointly by the Italian Embassy, the King Abdul Aziz City for Science and Technology (KACST) and Italian-based Elettronica SpA, a world leader in electronic warfare.

Italian Ambassador to the Kingdom Luca Ferrari welcomed the workshop initiative, and said: “We are working to develop a strategic partnership between our two countries, building on decades of excellent political and economic collaboration.

“Such initiatives increase mutual understanding and knowledge between Italian and Saudi counterparts and foster further opportunities for collaboration.” 

Ferrari added that the workshop is a proof of Italian industries’ and institutes’ willingness to strengthen the relationship between the two countries through working with local high-tech university centers and industries in Saudi Arabia.

He added: “The move on the part of the Italian government and our companies comes within the framework of Saudi Vision 2030, which calls for foreign partnerships to diversify the economy, cut reliance on oil and build a robust Saudi defense sector.”

The workshop, entitled “The Digital Revolution: Impacts on defense electronics, security and life,” looked at electronic warfare, cyber intelligence, the future of autonomous vehicles and implications of the digital revolution for the defense industry. 

Enzo Benigni, Elettronica’s chairman and chief executive officer, said: “Italian institutes and companies are keen to embrace the Saudi Vision 2030, and to support the growth of the defense industry and overall defense sector of the Kingdom. 

“We work in Saudi Arabia to create high-value cooperation with the Saudi armed forces and local partners with an aim to build a world-class defense sector of the Kingdom.”

Benigni said Elettronica specializes in the designing and manufacturing electronic warfare, from single stand-alone equipment to complete integrated systems, for naval, airborne and ground applications as well as for space and homeland security.