Saudi Arabia to grant business visa within 24 hours

Updated 11 January 2017

Saudi Arabia to grant business visa within 24 hours

JEDDAH: Saudi Arabia has adopted a new mechanism to grant business visas for foreign investors within 24 hours.
Foreign Ministry official Usama Nugali confirmed the move to Arab News on Sunday.
The new measure is aimed at allowing foreign investors to obtain business visas electronically within a day.
The application system for new visas for businesspeople and business delegations became effective Jan. 1.
The process for visit visas for commercial firms working in Saudi Arabia will be applied within the next few days.
The step reportedly comes in accordance with directives of the Council of Economic and Development Affairs, which has called for stimulating the investment environment in a manner to improve business performance in the private sector.
Meanwhile, the Saudi Arabian General Investment Authority (SAGIA) is opening contact with businesspeople to whom visas were issued in a step to encourage investment in the Kingdom.
SAGIA authorities aim to process requests of foreign business delegations in a two-day period instead of the previous 30 days.


Saudi anti-graft agency probes 105 corruption cases in different sectors

Updated 08 July 2020

Saudi anti-graft agency probes 105 corruption cases in different sectors

  • A Nazaha official said the Kingdom will continue to pursue cases of misappropriation of public money
  • The cases involved fraud, bribery, and financial and professional corruption

RIYADH: The Saudi Control and Anti-Corruption Authority (Nazaha) has initiated 105 corruption cases in the health, interior, power, and education sectors.
The cases involved fraud, bribery, and financial and professional corruption.
A Nazaha official said the Kingdom will continue to pursue cases of misappropriation of public money and harming state interests.
One of the cases involves the arrest of three employees working at the Saudi Electricity Co. for receiving a bribe amounting to €535,000 ($604,570) from a French company and opening bank accounts in another country (at the request of the company) for money laundering. Another case is the arrest of a university faculty member for asking for a bribe amounting to SR80,000 ($21,328) from a number of companies working on different projects at the university.
The authority also arrested a doctor at the Ministry of Health for violating the regulations at a quarantine facility.
A brigadier general was arrested for using his official vehicle to facilitate the passage of another private vehicle through security points during the curfew period.