15/09/2024 08:14 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.


Arab News

Ticker Price Volume
ARABIANMILLS 59.20 625,755
NAYIFAT 13.94 229,739
ABOB 0.15 0
RIBL 24.84 6,676,931
ALRAJHI 85.00 7,711,297
ABC 0.35 370,000
DIC 2.07 2,049,713
Saudi Arabia's POS transactions fluctuate in early September to reach $3.5bn

09/12/2024

Saudi Arabia's point-of-sale transactions dipped in the first week of September, dropping by 4.9 percent from the previous week to reach SR13.3 billion ($3.5 billion), with the education sector leadi

Arab News

Planning council reviews economic progress, Saudi Vision achievements

09/12/2024

Saudi Arabia's top council on economic affairs reviewed a number of reports during a virtual meeting held on Wednesday, the Saudi Press Agency reported. The Council of Economic and Development Affai

Arab News

Saudi Arabia's inflation rate hits 1.6% in August: GASTAT

14/09/2024

Saudi Arabia's annual inflation rate reached 1.6 percent in August compared to the same month last year, driven by higher housing costs, official data showed.

According to the General Autho

Arab News

S&P revises Saudi Arabia's outlook to positive, affirms 'A/A-1' ratings

13/09/2024

S&P Global Ratings has revised its outlook on Saudi Arabia to positive from stable and affirmed its 'A/A-1' long- and short-term foreign and local currency unsolicited sovereign credit ratings. The

Saudi Gazette

Saudi Arabia calls for regional cooperation to tackle environmental challenges

11/09/2024

Regional and international cooperation is pivotal in addressing environmental challenges, especially in rehabilitating degraded lands, according to Saudi Arabia's vice minister of environment, water,

Arab News