15/09/2024 18:21 AST

RIYADH: Three employees of the Zakat, Tax, and Customs Authority at the King Abdullah Port in Rabigh have been arrested after receiving bribes from six residents.

The bribes amounted to SR2,232,000 ($594,814) and were received in instalments in exchange for facilitating the smuggling and export of 372 shipping containers of restricted petroleum products (diesel), and using the names of commercial entities in the smuggling process.

Legal procedures against the three employees and six residents are underway in accordance with the laws and regulations, the Oversight and Anti-Corruption Authority (Nazaha) said on Sunday.


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Ticker Price Volume
SAUDIARAMCO 27.10 9,184,998
SASCO 79.40 342,394
BFM 0.00 0
SABIC 73.10 946,924
ORCI 1.12 0
SEERA 22.68 1,240,393
HB 61.40 78,406
Ticker Price Change
ALRAJHI 85.00 2.30 (2.78%)
SNB 34.90 0.40 (1.15%)
ALINMA 29.20 0.90 (3.18%)
SAB 34.90 0.65 (1.89%)
ALBILAD 36.20 1.00 (2.84%)
Saudi banking sector boosted by flurry of debt, sukuk issuances

14/01/2025

Saudi Arabia's banking sector is experiencing a surge in activity in debt and sukuk markets as leading financial institutions move to strengthen their capital bases and fund strategic growth initiati

Arab News

Annual trade between Qatar and Jordan hits $248m

14/01/2025

The trade exchange between Qatar and Jordan rose to 910 million Qatari riyals ($248.16 million) in 2024, a 5.81 percent increase from the previous year, driven by higher imports of Jordanian food and

Arab News

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