Latest news with #SR500
Arab News
22-04-2025
- Business
- Arab News
Social Development Bank, RDF empower productive families
Minister of Human Resources and Social Development and Chairman of the Board of Directors of the Social Development Bank Ahmed bin Sulaiman Al-Rajhi, sponsored a ceremony organized by the Sulaiman Al-Rajhi Foundation for Development Finance under the theme '3 Billion and Continuing.' The event reinforced the strategic partnership between the foundation and SDB, which has been ongoing since 2014 and has resulted in over SR3 billion ($800 million) in financing, benefiting more than 200,000 productive families across various regions of the Kingdom. The ceremony witnessed the signing of several notable agreements, including the extension of the partnership with RDF to continue supporting and financing productive families in collaboration with the 'Jana Fund.' The financing portfolio, valued at SR500 million, will remain in place alongside the provision of non-financial services and training initiatives through the Dulani Business Center. These efforts aim to grow the businesses of productive families and facilitate their access to markets. Chief Executive of SDB Sultan bin Abdulaziz Al-Hamidi expressed his gratitude for Al-Rajhi's patronage of the ceremony. He said: 'Development financing for the nonprofit sector is a core pillar in enhancing the efficiency and effectiveness of organizations operating in this space and in serving their beneficiaries. Accordingly, SDB collaborates with its strategic partners to develop and innovate a variety of financial products that meet the needs of the target groups and support the sustainability of institutions within this vital sector.' He added: 'Our partnership with RDF represents a leading national model of integration between the developmental and nonprofit sectors. It is a partnership that has gone beyond numbers to touch lives and create a real impact in empowering productive families. We will continue this blessed journey through new agreements aimed at broadening the scope of impact and enabling more Saudi men and women to achieve financial independence and engage in productive work.' SDB plays a central role in empowering productive segments of society and advancing sustainable community development through an effective partnership model with nonprofit organizations, which serve as financial intermediaries contributing to a tangible and wide-reaching impact in supporting productive families and strengthening their contribution to the national economy.
Arab News
20-04-2025
- Sport
- Arab News
Saudi ministry supports Balkans Qur'an contest
RIYADH: The Ministry of Islamic Affairs, through the religious attache at the Saudi Embassy in Bosnia and Herzegovina, has concluded the preliminary qualifiers for the largest international Holy Qur'an memorization competition in the Balkans. The event was organized in cooperation with the Islamic Sheikdom in Kosovo and coordinated with the Saudi Embassy in Albania, the Saudi Press Agency reported. There were 2,350 contestants from 22 countries, including Kosovo, Albania, Bosnia and Herzegovina, Montenegro, North Macedonia, Italy, Turkiye, Greece, Bulgaria, the Czech Republic, Cyprus, Slovenia, Croatia, Romania, Serbia, Estonia, Belgium, Ukraine, Georgia, Russia, Belarus and San Marino. Of these, 160 contestants qualified for the final round, to be held May 8-11 in Pristina, the capital of Kosovo, where they will compete in five categories. The competition offers a total prize pool of SR500,000 ($133,000), with an estimated organization cost of SR1.2 million. Sheikh Naim Ternava, grand mufti and head of the Islamic Sheikhdom in Kosovo, expressed gratitude to the Kingdom for its ongoing support. He praised the ministry's various programs aimed at promoting a moderate understanding of Islam and reinforcing the values and teachings of the Holy Qur'an among Muslims in the Balkans, particularly in Kosovo.
Gulf Insider
12-04-2025
- Health
- Gulf Insider
SR500,000 Fine, Jail for Neglecting Elderly: Saudi Arabia Enforces Stricter Care Law
Saudi Arabia's Ministry of Human Resources and Social Development has officially enforced the Elderly Rights and Care Law, which took effect on Thursday. The new regulations introduce stricter penalties for the neglect and abuse of elderly individuals, marking a significant step toward safeguarding their rights. The law aims to enhance the status of senior citizens by ensuring their access to essential services and protecting their social, health, and psychological rights. Under the law, both government and non-government entities are required to provide comprehensive care, creating safe and accessible environments for the elderly while promoting their active participation in society. The executive regulations go beyond just providing services; they enshrine the dignity of elderly individuals, emphasizing that their right to respect and inclusion is a fundamental duty. Violations of the law, including neglect and abuse, carry severe penalties, including up to one year in prison and a SR500,000 fine. In addition to ensuring comprehensive health, psychological, and social care, the law provides a dedicated identification card for the elderly, granting them priority access to services and easing bureaucratic challenges. This ID card is a tangible form of recognition and respect for their invaluable contributions. The law underscores the collective responsibility to care for the elderly, starting with families but extending to government agencies, private institutions, and society as a whole. Legal expert Abdullah Al Kaaseb highlighted that strict penalties are in place for violations, particularly in relation to elderly care, shelter, and asset protection. This law marks a progressive shift in the Kingdom's approach to elderly care, ensuring that senior citizens receive the respect, dignity, and protection they deserve.
Arab News
03-04-2025
- Arab News
Saudi Arabia cracks down on environmental violators
RIYADH: The Special Forces for Environmental Security has arrested two Saudis and six expatriates from India, Pakistan, and Yemen for illegally exploiting sedimentary deposits in the Makkah region. Authorities also seized five soil excavation machines, the Saudi Press Agency reported on Thursday. In a separate case, a Saudi national was apprehended for grazing 12 camels in restricted areas of the King Abdulaziz Royal Reserve, and faces a fine of SR500 ($133) per camel. A citizen was arrested in the Eastern Province for setting fires on vegetated land, an offense with a penalty of up to SR3,000. Three citizens were detained for cutting protective fencing and unauthorized entry into the Imam Turki bin Abdullah Royal Reserve. Fines for fence damage can reach SR100,000, plus compensation, while unauthorized entry carries a SR5,000 fine. A citizen in Riyadh was caught with two cubic meters of local firewood for commercial use. Fines for using local firewood and charcoal commercially can reach SR32,000 per cubic meter, while transporting, selling, or storing carries fines of up to SR16,000. Environmental forces also arrested a Nigerian resident in Makkah for burning waste, damaging soil, and polluting the environment. Penalties for such activities can reach up to SR10 million. Another citizen faces a fine of up to SR3,000 for unauthorized camping in the King Abdulaziz Royal Reserve. Action has been taken against the violators, and they have been handed over to the relevant authorities. Citizens are urged to report environmental violations by calling 911 in Makkah, Riyadh, and the Eastern Province, or 999 and 996 elsewhere in the Kingdom.
Zawya
24-03-2025
- Business
- Zawya
Saud ministry enforces penalties for unlicensed facilities
RIYADH — The Ministry of Tourism has reaffirmed its commitment to enforcing regulatory penalties against tourism establishments found in violation of the Tourism Law and its executive regulations, warning that sanctions may include fines of up to SR1 million, closure, or both. These measures target facilities operating without a valid license from the ministry, or those continuing to operate after their license has expired, been revoked, or suspended. The ministry stated that it recently conducted a comprehensive survey of all closed tourism facilities to ensure compliance with closure decisions. It is also coordinating with regional emirates and relevant security and government authorities to conduct regular inspections and monitor adherence to shutdown orders. Tourism facilities must comply with the provisions of the Tourism Law and obtain the necessary licenses, the ministry emphasized. The approved regulations require non-compliant facilities to rectify their status before resuming operations. These requirements aim to raise the quality of services offered, ensure visitor safety, and enhance the overall appeal of Saudi Arabia's tourism sector for both investors and tourists. The ministry added that it will not hesitate to impose the penalties outlined in the Tourism Law on violators. At the same time, it reaffirmed its commitment to supporting law-abiding private sector partners. In recent weeks, the ministry detected 79 unlicensed tourism hospitality establishments resuming operations in Makkah and Madinah during the first two weeks of Ramadan. Of these, 58 were in Makkah and 21 in Madinah. Each violating facility was fined SR500,000. The ministry underscored that it continues to implement penalties in accordance with the law, particularly in cases involving operations without a license. The closure of violating establishments is carried out immediately upon issuance of the decision by the competent committee and in coordination with regional authorities and security entities. It reiterated that all tourism hospitality facilities must obtain proper licenses, as the regulatory framework ensures improved service quality and the safety of pilgrims and visitors. © Copyright 2022 The Saudi Gazette. All Rights Reserved. Provided by SyndiGate Media Inc. (
