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Showing posts from June, 2022

MALE GUARDIAN COMPULSORY FOR WOMEN UNDER 45 For Hajj 2022

  Jeddah: Saudi government has issued strict orders for women under 45 years of age to accompany a male guardian while coming for Hajj,  the  Saudi government   reported. According to a notification issued by the General Authority of Civil Aviation (GACA) of Saudi Arabia, women under 45 years of age have been ordered to accompany a male guardian while coming for Hajj. Women coming for Hajj alone would be deported on the same flight, the notification said. The notification read, “Women under (45 years old) shall not board on Hajj flights unless accompanied by their male guardians listed on their Hajj visa. In this case, women will be deported on the same flight. Air careers will be fully responsible for cost-related.” Also, Read: The statement by GACA added that any airlines failing to comply with the guidelines will be held responsible and legal action would be taken.

SAUDI TELECOM BOARD PROPOSES $8 BLN CAPITAL INCREASE

 Saudi Telecom (7010.SE) said on Sunday its board had proposed extending its capital by 30 billion riyals ($8 billion) to finance improvement and expansion plans in its Business market , Saudi Arabia, and elsewhere in the region. The capital addition would incorporate giving 30 billion new offers, tending to a capital augmentation of 150%, with financial backers offering 1.5 new proposals for each deal they guaranteed. The statement was presented in an articulation circulated to the Saudi protections trade. Saudi Arabia's organization has 64% of the huge telecom through its sovereign overflow hold, the Public Investment Fund. In an alternate clarification, Saudi Telecom said its board had recommended cutting its benefit system which committed it to 1 riyal $0.26) per share per quarter to 0.40 riyal ($0.10). generally Read: Hajj 2022: Over 8,500 wayfarers made a trip to Saudi Arabia in five days The declaration said the board proposed the change of the three-year benefit system, whi...

Budget 2022-23: A one-stop guide for financial terms

  Federal Minister for Finance and Revenue Miftah Ismail will divulge the truly necessary federal financial plan for the following monetary year 2022-23 on June 10. With dreary monetary circumstance of the nation presently, a lot is on the line. As the financial plan comes in the midst of a monetary development of 6% (temporary), everyone is focused on the new alliance government to perceive how it focuses on its spending to get the emergency hit country in the groove again. With the public authority all set to reveal spending plan 2022-23 today, here’s a one-stop guide for all monetary terms to assist you with understanding the shapes of the finance bill. GDP GDP or GDP is the all out money related or market worth of the multitude of completed labor and products created inside a nation’s lines in a particular time span. PSDP The Public Sector Development Program (PSDP) is a significant public mediation to spike private speculation via creating human resources and working on the fr...