1st phase of duty-free store launched at King Khalid International Airport in Riyadh

A number of development projects, including installation of an advanced baggage handling system, have been completed at the airport.
Updated 29 May 2018
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1st phase of duty-free store launched at King Khalid International Airport in Riyadh

  • More than 22 tops brands have been added to the list of duty-free items
  • The number of passengers on international flights was 1,464, 549

JEDDAH: Riyadh Airports has launched the first phase of the new duty-free store in the international terminals 1 and 2 at King Khalid International Airport (KKIA) in Riyadh.
Riyadh Airports is the company that manages and operates the international airport in Riyadh. It also plans to launch a package of projects and services that will facilitate and enhance passengers’ experience.
The company also revealed that the second phase of the project would be completed in the middle of July 2018. According to a statement issued by the company, the new duty-free store includes a range of international brands that meet all passengers’ needs, offering a variety of options at competitive prices.
The Saudi authorities are making all-out efforts to improve services at all the international and domestic airports across the Kingdom. 
According to official statistics, over 3.22 million passengers used Dammam’s King Fahd International Airport during the last four months.
The number of passengers on international flights was 1,464, 549. According to the results of passenger satisfaction survey announced by the General Authority of Civil Aviation, the King Fahd International Airport fared very well. 
A number of development projects, including installation of an advanced baggage handling system, have been completed at the airport. With the introduction of these projects and work on many more underway, the airport is poised to become one of the most important airports in the region. 
The duty-free shop at this airport is also experiencing fast growth. Recently, more than 22 tops brands have been added to the list of duty-free items.


Finance officials meet to map out Saudi Arabia’s budget plans

Updated 19 April 2019
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Finance officials meet to map out Saudi Arabia’s budget plans

  • Finance representatives of 150 government bodies meet for the Budget Forum 2020

RIYADH: Saudi finance chiefs have kicked off a major conference in the capital aimed at mapping out the Kingdom’s budget requirements.
Around 300 specialists representing 150 government bodies met at the InterContinental hotel in Riyadh for the Budget Forum 2020.
Minister of Finance Mohammed Al-Jadaan welcomed delegates to the second edition of the gathering organized by the Saudi Finance Ministry under the slogan “Partnership and Empowerment.”
Al-Jadaan said the ministry was focused on “partnership and commitment,” and sought to share the challenge of developing an effective budget to achieve the Kingdom’s ambitious goals.
“We are also committed to empowering financial leaderships to learn about the ministry’s programs and projects and provide training and qualification opportunities to the best international standards,” he added.
The finance chief said the budget planning process required the collaboration of multiple authorities and a clear strategy based on transparency. 
Items up for discussion at the forum included financial planning in governmental bodies, automation, and the promotion of revenues and efficient spending.
Finance Ministry steering committee chairman, Abdul Aziz bin Saleh Al-Freih, stressed the importance of the forum in getting the ball rolling at an early stage on formulating a general state budget.
Workshops were held on the sidelines of the conference focused on empowering government organizations, and a training program on financial planning and income estimations was also staged.