No big vehicle for expat family with less than five members

Updated 13 March 2016
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No big vehicle for expat family with less than five members

JEDDAH: Residents with less than five members in the family will not be allowed to own a vehicle with seven seats or more, the General Directorate of Traffic has said.
The directorate has sent a circular to all its departments, saying that registration or ownership of such vehicles by expatriates should be rejected if the condition is not met, local media reported on Saturday.
It has excluded families that have five or more members from the order, provided they present proof and assure the authorities that they will not engage in transporting passengers illegally.
“The reason for the ban is to stop the wrongful use of such vehicles by some residents like transporting school students or other passengers,” Owaida Kishi, chairman of the Vehicles Committee in the Jeddah Chamber of Commerce and Industry, was quoted as saying.


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.