Saudi Arabia introduces energy consumption classification cards for cars

File photo showing cars on a road in Saudi Arabian capital Riyadh. (Reuters)
Updated 07 May 2018
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Saudi Arabia introduces energy consumption classification cards for cars

RIYADH: Saudi Arabia has introduced a car energy saving classification for all type of vehicles in the Kingdom.
The classification card will be compulsory for cars registered in 2015 onward in a bid to give consumers all the necessary information
related to fuel consumption and energy efficiency.
The card, which was jointly produced by Saudi Arabia’s energy efficency program in cooperation with other governmental agencies,
classifies vehicles into 6 categories, from excellent down to very poor including rentals and commercial vehicles.
The classification card will also contain essential information related to the car like the manufacturer, make and model and its
consumption, efficiency level and type of fuel needed. Each card is barcoded for security and conformity and reflected in appropriate government data agencies.


UAE banks told to make credit checks on customers before issuing cheque books

Updated 10 December 2018
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UAE banks told to make credit checks on customers before issuing cheque books

  • The central bank said it had told banks in a circular to issue new customers with a cheque book containing a maximum of 10 individual cheques

DUBAI: The United Arab Emirates central bank has told banks to carry out credit checks with the country’s credit bureau on customers before issuing them with cheque books, the regulator said on Monday.
The central bank said it had told banks in a circular to issue new customers with a cheque book containing a maximum of 10 individual cheques.