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Saudi cash scheme pays share of $878m to 10.2m people

RIYADH: A financial support scheme for Saudi families on Monday received a SR3.3 billion ($878 million) October cash injection benefitting 10.2 million people. The national Citizen Account Program was created to protect Saudi households from the direct, indirect, and expected impacts of the economic reforms taking place in the Kingdom through monthly cash transfers into their
Saudi Arabia Ar Riya Abdullah Al Hajri Citizen Account Program Al Ahsa Al Kharj

Saudi cash scheme pays $826m to 10.2m people

RIYADH: Saudi Arabiaโ€™s Citizen Account Program on Wednesday deposited more than SR3.1 billion ($826 million) into the accounts of 10.2 million beneficiaries for July. Total compensation for the previous installment, paid retroactively, stood at SR25 million. The national scheme was created to protect Saudi households from the direct, indirect and expected impacts of the
Saudi Arabia Ar Riya Abdullah Al Hajri Saudi Arabia Citizen Account Program On Citizen Account Program Al Ahsa

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World events behind price spikes, says Saudi minister of commerce

JEDDAH: Major events including the COVID-19 pandemic and war in Ukraine have caused price hikes around the world, Saudi Minister of Commerce Majid Al-Qasabi said in a periodic government communication conference on Tuesday. The press conference discussed four key areas: Global events that led to price increases, the Saudi leadershipโ€™s guidance to address the effects of the
Saudi Arabia Majid Al Qasabi King Salman Citizen Account Program Saudi Minister Commerce Majid Al Qasabi

Saudi authorities taking steps to prevent artificial price hike, says minister

RIYADH: Saudi Commerce Minister Majid Al-Qasabi on Tuesday said the authorities are monitoring prices of 217 commodities and taking necessary measures to prevent any price manipulation. Speaking at a press conference in Riyadh, the minister said special teams have so far carried out 640,000 inspection tours across the Kingdom to ensure availability of essential commodities at
Saudi Arabia Ar Riya Arabia King Salman Citizen Account Program Saudi Commerce Minister Majid Al Qasabi King Salman

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