By Innovation-sa on March 18, 2018 in News

In a move to revolutionize the capital city’s public transport system, Saudi Arabian Public Transport Company (SAPTCO) announced the launch of 3,500 buses to cover over 5,000 destinations in Riyadh. The announcement comes ahead of the inauguration of Riyadh Metro, one of the world’s largest urban transport ventures, in 2019.

Under the new bus network, modern city buses will entirely replace the Khat Al-Balad (downtown route) services by the end of 2018.

The bus fare will range from SR3 to SR5 to various destinations across Riyadh. To utilize bus services as well as metro trains, commuters will be issued a common pre-paid electronic card.

The new bus network will have buses starting from King Fahd Stadium, east of Riyadh, to the Diplomatic Quarters situated in the west of Riyadh and those operating from Aziziya, south of Riyadh, will have destinations in the north.

In addition to connecting to the new residential districts developing across Riyadh, bus services will also be available to and from metro stations.

The new bus system, which is a program under the King Abdulaziz Public Transport project in Riyadh, will also open four operation and maintenance centers, workshops and store for spare parts, administration office for employees and provide night parking facilities. Several operation control rooms, offices to deal with accidents and facilities to provide training to staff members will also be launched soon.

Over 3,500 SAPTCO buses will be available to cover 5,000 destinations on 300 lanes passing through 1,000 traffic intersections in the capital city. It will also have 750 onboard units, devices to count passengers, traffic signal control systems and 4,000-real time passenger information (RTPI).

Source

http://saudigazette.com.sa/article/530482/SAUDI-ARABIA/3500-buses-to-facilitate-public-transport-in-Riyadh

By Innovation-sa on March 11, 2018 in News

Saudi Arabia and Egypt signed a $10 billion joint investment fund to develop NEOM, the mega-city planned in the north-western region of the Kingdom, as part of Crown Prince Muhammed bin Salman’s Egypt visit this week.

NEOM, a mega investment and business special zone unveiled by Prince Muhammed last October as part of plans to diversify the Kingdom’s oil dependent economy, will be the world’s first private zone to extend across three countries, Saudi Arabia, Egypt, and Jordan.

NEOM targets nine investment sectors including energy and water, biotechnology, advanced manufacturing, food, media, and entertainment. The focus on these industries is expected to reduce GDP leakage by providing fresh investment opportunities within the country.

The current deal is focussed on developing the Egyptian side of NEOM, which stretches over 1,000 square kilometers of land in the Southern Sinai.  “Saudi Arabia and Egypt have set up a joint fund of equal shares valued at more than $10 billion. The Egyptians share comprises a leased land for (the) long term”, quoted government sources.

As part of the deal, Saudi Arabia will build seven cities and tourism projects, while Egypt will contribute by developing the existing resorts of Sharm El-Sheikh and Hurghada.

Moreover, officials have clarified that Saudi Arabia is currently involved in negotiation talks with more than seven tourism-related operators and the Kingdom is currently working in collaboration with Egypt and Jordan to attract more European cruise and tourism companies to operate in the Red Sea.

Another agreement, focussing on protecting the marine environment as well as maintaining coral reefs and beaches in the Red Sea was also signed between Egypt and Saudi Arabia during the Crown Prince’s visit.

Separately, Saudi Arabia will start construction of the proposed luxury resorts on islands and other sites on the Red Sea in 2019 and the project is scheduled to be completed in 2022.

Source

http://www.arabnews.com/node/1259986/saudi-arabia

By Innovation-sa on March 11, 2018 in News

The Director General of Passports (Jawazat) reminded expatriates who haven’t documented their fingerprints to complete their registration process soon. Further, it called on expatriates to abide by residency-related regulations in the Kingdom.

Expatriates and their dependents who are six years of age or above must document their fingerprints at any of the fingerprinting centers set up across the Kingdom. The Jawazat also warned expatriates that if they did not hurry up and register their fingerprints, then they will be denied of various electronic services like issuance of exit/re-entry visas and their computer records will be blocked.

Source

http://alriyadhdaily.com/article/6423000170824966b9bccb7e37bc15cf

By Innovation-sa on March 5, 2018 in News

The General Directorate of Passports (Jawazat) clarified on Twitter that dependent fee would not be refunded to expatriate family members if they leave the Kingdom before the expiry of their iqamas.

The General Directorate of Passports clarified through its official Twitter account that dependent fee will not be refunded to expat family members who have opted to leave the Kingdom on final exit before the expiry of their iqamas.

The dependent fee, introduced by Saudi Arabia in 2017, is linked with a renewal of iqama or issuance of exit and re-entry visa or final exit visa, whichever comes first. It is mandatory for expatriate families to settle the dependent fee amount for all its dependent members during iqama renewal. However, exit re-entry process can be done against single individual dependent by paying the fee till the date of the validity of iqama.

Source

http://www.alriyadhdaily.com/article/b59976235528416fac9e77ce1d564b4e

By Innovation-sa on March 5, 2018 in News

The Saudi Arabian General Investment Authority (SAGIA) extended the license period for foreign investments from one year to a renewable period of up to five years.

The new efforts were designed to aid the Kingdom’s recent economic changes and promote foreign investment in the Kingdom in line with Vision 2030, stated Ibrahim S Al-Suwayel, Deputy Governor for Investors’ Services and Consultancy.

Under the new rule, investors would be provided the option to reduce minimum license period to just one year as well.

Al-Suwayel said that the Ministry’s recent decision to reduce the time taken to issue business licenses from two days to just four hours by restructuring the processes, reducing the number of documents required from eight to two and training and certifying staff, has already shown a positive effect in attracting new investments to the Kingdom. The new decision to extend license period will also accelerate SAGIA’s efforts to attract foreign investments to the Kingdom, he added.

Source

http://saudigazette.com.sa/article/529293/BUSINESS/Foreign-investment-license-period-extended-up-to-5-years-renewable

 

By Innovation-sa on March 5, 2018 in News

The higher committee on public transport announced the commencement of new public transport service in Riyadh and Jeddah from Tuesday onwards. The committee urged citizens and expatriates to make the best use of the new public transport service which would cost SR3 per trip and asked them to provide their remarks and reviews about the new service.

The modern public transport system, which replaces the Khat Al-Balad (downtown route) services were announced by the Council of Ministers earlier this year.

The committee has asked drivers of halflas (mini-buses) on the Khat Al-Balad to either work with the Saudi Public Transport Company (Saptco) for monthly salaries or obtain loans from the Social Development Bank to start their own business. As for those who fail to do both, they will be asked to join the Government’s program on social security to receive regular financial assistance.

In Riyadh, the public transportation system will be managed by a national company under the guidance of the High Commission for the Development of Riyadh while in Jeddah it will be under the control of Metro Jeddah Company.

Source

http://saudigazette.com.sa/article/529294/SAUDI-ARABIA/Public-transport-service-in-Riyadh-Jeddah-begins-today

By Innovation-sa on March 5, 2018 in News

The Directorate General of Traffic (Muroor) banned the use of mobile phones while driving in Saudi Arabia from Monday onwards. During the first phase, special cameras will be installed in Riyadh, Dammam, and Jeddah to electronically monitor motorists using or touching mobile phones while driving.

A recent study by King Abdullah Medical Research Center in Riyadh revealed that 13.8 percent of motorists use mobile phones while driving. Moreover, the use of mobile phones while driving has been found to be the key reason behind accidents and this has led to the use of modern technology to detect traffic violations in the Kingdom.

In addition to banning mobile phone usage, seat-belts are now mandatory for drivers and passengers in the front seat and those who fail to wear them will be detected by cameras and fined.

The traffic authority said that for the first offense, motorists will be fined SR 150 which may increase to SR 300 if the violator repeats the offense, and the violator may be detained for 24 hours as well.

Source

http://saudigazette.com.sa/article/529371/SAUDI-ARABIA/Use-of-mobile-phone-while-driving-to-be-monitored-from-Monday

By Innovation-sa on February 26, 2018 in News

Saudi Arabia revised speed limits on some expressways starting from Monday, February 19, according to reports from Saudi Press Agency (SPA).

The updated speed limit will be 140kph for small vehicles, 100kph for buses and 80kph for trucks on Riyadh-Taif Road westwards, Riyadh-Taif Road eastwards, Riyadh-Qassim Road northwards, Qassim-Riyadh Road southwards, Makkah-Madinah Road northwards, Madinah-Makkah Road southwards, Madinah-Jeddah Road southwards and Jeddah-Madinah Road northwards.

Col. Sami Bin Muhammad Al-Shuwairikh, Director of Public Relations in Public Security, stressed the importance of abiding by the speed limits and alerted motorists to strictly follow the instructions on sign boards and not exceed speed limits.

Source

http://saudigazette.com.sa/article/528617/SAUDI-ARABIA/140-kph-speed-limit-on-some-highways-from-Monday

By Innovation-sa on February 26, 2018 in News

In accordance with Saudi Arabian Monetary Authority’s (SAMA) decision to implement the National Address System, banks in Saudi Arabia has now made it mandatory for customers to furnish their address at the banks.

Customers have been receiving messages from various banks reminding them to update their profile in the online bank account page or at https://address.gov.sa/en/ . It has been made mandatory for all types of residences.

Saudi Arabia is the first among the Arab countries to implement the National Address System. Also known as Unwan Al-Watani, the system aims at providing a unified and comprehensive address data storage system through Geographic Information System (GIS).

It consists of six basic information, namely, building number, street name, neighborhood, city, postal code or zip code and additional phone number. In addition, mobile numbers used by customers for Absher services should also be linked with the National Address System.

Once implemented, the system would enable fast delivery of services with effective transparency, expand economic opportunities in the digital world, improve navigation capabilities to send emergency services in the wake of a disaster and help security forces reach crime scenes faster.

Source

http://saudigazette.com.sa/article/528611/SAUDI-ARABIA/Address-details-now-a-must-for-bank-accounts

By Innovation-sa on February 26, 2018 in News

In a move to upgrade the Kingdom’s health sector, Saudi Arabia will be granting visas free of charge to foreign scientists and health specialists, stated media reports.

Ahmed Al Aamiri, Secretary General of the Saudi Health Council praised the cabinet’s decision and added that the decision to allow free visas to foreign scientists was approved as part of several health initiatives suggested by the council to promote the health sector.

The new visa policy is expected to attract foreign scientists to be part of research programmes in the Kingdom and contribute to major health reforms in the Kingdom’s medical sector. However, visas will only be provided to those who have proven their competency in their respective fields and have a successful track record.

Source

https://english.alarabiya.net/en/News/gulf/2018/02/19/Saudi-Arabia-to-grant-free-visas-for-foreign-scientists.html

 

Comments