- This comes after people faced technical issues while applying for hajj via the electronic portal
- Additional seats were added on flights after people reported limited capacities on flights
- Illegal online adverts included providing transportation to the holy sites securing sacrifices for pilgrims
- Five activists face up to four-year jail terms for engaging in constitutional rights
- Contamination is investigated at Barry Callebaut company
- All chocolate products made at the plant placed on hold
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Saudi Arabia’s new Companies law
Approved by the Saudi Cabinet on June 28, 2022, the measure allows a new form of company — called a Simplified Joint Stock Company — that meets the needs of entrepreneurship and venture capital growth. It reduces the legal requirements and procedures for small and medium enterprises, and simplifies the procedures for establishing companies. Many restrictions in the incorporation, practice and exit phases and restrictions on company names have been removed.
Makkah Route Initiative
Inaugurated by King Salman in 2019, the Makkah Route Initiative is a program that seeks to provide visitors to the holy sites in Saudi Arabia with the finest possible services to help them perform their Hajj rituals easily and comfortably. Five countries are currently participating in the initiative: Pakistan, Malaysia, Indonesia, Morocco, and Bangladesh.
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- The largest deal, in terms of actual dollars, coming in the next few days almost certainly won’t have anything to do with a free agent: All signs point to two-time reigning NBA MVP Nikola Jokic being offered a supermax extension in the $260 million range
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