King Salman issues his directives not to prejudice high cost of living allowances and bonuses

The royal decrees include a financial support package to help citizens adjust to economic reforms. (SPA)
Updated 08 January 2018
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King Salman issues his directives not to prejudice high cost of living allowances and bonuses

King Salman has issued a directive to the Saudi Arabian Monetary Agency (SAMA) instructing banks not to deduct any funds from the cost of living allowances and bonuses issued through his recent decrees.

The Saudi government introduced measures last week to help citizens adjust to the new 5-percent value-added tax (VAT) and a hike in fuel and electricity prices.

The royal decrees include a financial support package to help citizens adjust to economic reforms.

The package includes citizens working in the state’s civilian and military sectors, as well as pensioners and students. It covers housing, education, health care and a rise in salaries.


‘Masam’ project is Saudi Arabia’s new humanitarian gift

Updated 21 June 2018
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‘Masam’ project is Saudi Arabia’s new humanitarian gift

  • The Kingdom’s support for humanitarian causes around the world stems from its policy of cooperation between nations and peoples to promote world peace
  • Saudi Arabia has duly earned the title of “Kingdom of Humanity” as the world’s biggest supporter of all forms of relief work

JEDDAH: Saudi Arabia is about to launch its new humanitarian project “Masam” on Monday, through the King Salman Humanitarian Aid and Relief Center (KSRelief).
This project has come out of the teachings of Islam, which calls for helping needy people, and for the preservation of human life, dignity and health. It promotes the humanitarian role of the Kingdom and its global mission in this field.
The Kingdom’s support for humanitarian causes around the world stems from its policy of cooperation between nations and peoples to promote world peace and preserve human achievements disregarding religion or race.
Saudi Arabia has duly earned the title of “Kingdom of Humanity” as the world’s biggest supporter of all forms of relief work, through its humanitarian initiatives, donations and assistance to countries distressed by wars or natural disasters.
On Tuesday, a delegation from KSRelief participated in the meetings of the humanitarian affairs section of the UN Economic and Social Council, which are held annually.