‘Suspicious’ Qnet banned

Updated 02 October 2012
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‘Suspicious’ Qnet banned

JEDDAH: Saudi Arabia has banned Qnet, a network marketing company, and said it would punish those involved in the suspicious business venture. “This network marketing activity involves deception of citizens and has been banned in a number of countries,” the Ministry of Commerce and Industry said.
The ministry urged Saudis and expatriates not to take part in the activities of such network marketing companies. It also advised the public to inform the ministry about individuals promoting such business by calling the toll-free number 8001241616.
“This business activity has not been registered with the ministry. Moreover, there have been official instructions in the past banning activities that involve deception and stealing others’ money through falsification,” it explained.
The ministry stressed that it would take all measures to stop this form of business activity in the Kingdom with the support of relevant agencies.
Qnet has introduced itself as the world’s largest and fastest-growing online shopping and business community. “Ever since 1998, we’ve been home to a new breed of healthy, happy and successful people of all ages, races, gender and socioeconomic status,” it said.
As an established, dynamic direct selling company, we provide the framework and tools that allow our members to actively raise their quality of life through value-added lifestyle products and through our network marketing business opportunity and attractive Compensation Plan, its website said.


Saudi Arabia, South Korea reach agreement on visas

King Salman chairs the Cabinet session in Riyadh on Tuesday. (SPA)
Updated 16 January 2019
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Saudi Arabia, South Korea reach agreement on visas

  • Cabinet OKs air transport pact with Indonesia

JEDDAH: The Saudi Cabinet met to discuss a series of national and global developments on Tuesday, in a session chaired by King Salman.

At the forefront of the agenda was the escalation in tensions between Israel and Hamas along the Gaza border, and the continuing encroachment on Palestinian land by Israeli settlers in the West Bank. The Cabinet responded by demanding that the UN Security Council intervene. King Salman also relayed to ministers the outcome of his talks with US Secretary of State Mike Pompeo, which covered many regional issues.

The minister of media, Turki bin Abdullah Al-Shabanah, announced that after reviewing proposals from the Ministry of Foreign Affairs and a decision from the Shoura Council, a memorandum of understanding between the government and the Republic of Korea on granting visit visas had been agreed upon.

The Cabinet approved the amendment of the air agreement on regular air transport between Saudi Arabia and Indonesia.

The Cabinet, meanwhile, praised the progress of the 2025 Sustainable Agricultural and Rural Development Program, aimed at enhancing farming techniques by promoting sustainable water and renewable energy sources.

They also discussed the framework in Vision 2030 and the National Transformation Program 2020 for building a sustainable renewable energy sector, reiterating aims to lead global renewable energy developments over the next decade, and create projects such as the wind-powered plant at Dumat Al-Jandal, as part of the King Salman Renewable Energy Initiative.

In a statement, though, Al-Shabanah said: “The Cabinet discussed the announcement made by the minister of energy, industry and mineral resources about the Kingdom’s oil and gas reserves, which highlighted the importance of Saudi Arabia as a secure source of oil supplies in the long term.”

He added, in closing, the Cabinet’s praise for the efforts of Saudi security forces in the tracking and arrest of seven people in Qatif, which foiled a planned terrorist attack.