http://www.eyeofriyadh.com Latest News Riyadh http://www.eyeofriyadh.com http://www.eyeofriyadh.com/images/logo.gif http://www.eyeofriyadh.com/news/details/nazaha-probes-259-suspects-detains-97-in-april Saudi Arabia’s Oversight and Anti-Corruption Authority (Nazaha) handled a number of criminal and administrative cases through 3,041 inspection visits in April. In a post on X, Nazaha said it investigated 259 suspects and detained 97 individuals, some of whom were later released on bail, over charges including bribery and abuse of power. Those detained include employees from several]]> Sun, 03 May 2026 08:58:00 +0000 http://www.eyeofriyadh.com/news/details/rega-issues-rules-to-regulate-real-estate-marketing-and-advertising Saudi Arabia’s Real Estate General Authority (REGA) approved a new set of rules to regulate real estate marketing and advertising, aiming to bring greater transparency and discipline to the sector. The regulation, issued under the Real Estate Brokerage Law, consists of 12 articles covering licensing requirements, advertising content standards, prohibited practices, and the obligations of]]> Sun, 03 May 2026 08:56:00 +0000 http://www.eyeofriyadh.com/news/details/saudi-embassy-says-mutual-visa-exemption-with-russia-not-yet-in-force The Saudi embassy in Russia said the mutual visa exemption agreement between the two countries has not yet entered into force. In a post on X, the embassy said the agreement’s implementation remains subject to the completion of required regulatory procedures between both sides under approved frameworks, adding that an official announcement will be made once the agreement is ratified by the ]]> Sat, 03 Jan 2026 05:23:00 +0000 http://www.eyeofriyadh.com/news/details/updated-law-on-non-saudis-property-ownership-comes-into-effect-today The updated law regulating property ownership by non-Saudis in the Kingdom comes into force today, Jan. 1, following approval by the Saudi Cabinet in July 2025. The updated law aims to regulate non-Saudis’ ownership of real estate and the acquisition of real property rights within the Kingdom, in accordance with specific controls and designated geographic zones, under the supervision of]]> Thu, 01 Jan 2026 11:27:00 +0000 http://www.eyeofriyadh.com/news/details/issuance-of-white-land-fee-bills-begins-today-in-riyadh The issuance of white land fee bills for lands subject to the levy in Riyadh began today, Jan. 1.   Landowners may apply for an additional development grace period once the fee is assessed on their land. The additional period is granted upon approval by the competent committee in accordance with the approved regulations. If development is not completed within the additional period, ]]> Thu, 01 Jan 2026 11:25:00 +0000 http://www.eyeofriyadh.com/news/details/sharjah-ruler-approves-2026-s-general-budget-of-aed44-5-billion His Highness Sheikh Dr Sultan bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah, has formally approved the general budget for the emirate, which encompasses total expenditures of approximately AED44.5 billion. This budget is designed to foster financial sustainability, enhance cultural, scientific, and economic prosperity, and promote social welfare for all residents of the ]]> Wed, 31 Dec 2025 10:55:00 +0000 http://www.eyeofriyadh.com/news/details/fta-announces-implementation-of-amendments-to-certain-provisions-of-service-fees-from-1st-january The Federal Tax Authority (FTA) has announced the commencement of Cabinet Decision No. 174 of 2025 amending certain provisions of Cabinet Decision No. 65 of 2020 on the fees for services provided by the Federal Tax Authority, effective from 1st January 2026. The Authority explained that under the new Decision, two new fees have been introduced and added to the schedule of service fees]]> Wed, 31 Dec 2025 10:52:00 +0000 http://www.eyeofriyadh.com/news/details/council-of-economic-and-development-affairs-reviews-key-topics-reports The Council of Economic and Development Affairs held a meeting via video conference today, during which it reviewed a number of key topics and reports.  During the meeting, the council followed up on several procedural matters, including draft laws on general education, consumer protection, and the organization of the national falcon center and its financial sustainability plan. It also ]]> Wed, 31 Dec 2025 01:03:00 +0000 http://www.eyeofriyadh.com/news/details/insurance-authority-to-mandate-coverage-for-crowded-venues Saudi Arabia plans to introduce mandatory public liability insurance for crowded public venues such as hospitals, restaurants, hotels and malls, Naji Al-Tamimi, CEO of Insurance Authority, said.   The aim is to protect third parties from potential harm caused by accidents or fires, Al-Tamimi Rotana Khaleejiya.   Official directive was issued and that remaining steps]]> Tue, 30 Dec 2025 11:47:00 +0000 http://www.eyeofriyadh.com/news/details/sama-directs-to-stop-requesting-promissory-notes-from-individuals-for-credit-card-financing The Saudi Central Bank (SAMA) directed finance companies to stop requesting promissory notes or any commercial paper from individual customers when offering credit card financing products. SAMA explained that this step comes after the recent spread of the practice of obtaining promissory notes from individual customers when providing credit card financing. In a recent circular, SAMA]]> Mon, 29 Dec 2025 10:11:00 +0000 http://www.eyeofriyadh.com/news/details/dubai-courts-is-preparing-to-implement-the-decision-regulating-the-fees-of-the-private-notary-public-in-the-emirate-of-dubai-during-the-coming-month Dubai Courts announced its readiness to implement the decision on setting the fees of the Private Notary Public in the Emirate of Dubai, effective as of 2 January 2026. The decision aims to regulate the fees associated with the services provided. It also seeks to unify procedures and ensure the clarity of the approved fees within an organized legal framework. His Excellency Prof. Saif Ghanem ]]> Mon, 29 Dec 2025 10:03:00 +0000 http://www.eyeofriyadh.com/news/details/momah-seeks-public-input-on-regs-for-idle-land-law-violations The Ministry of Municipalities and Housing put forth the draft regulation for violations of the White Land Fees and Vacant Properties Law for public consultation on the “Istitlaa” platform until January 11, 2026. The draft regulation aims to enhance compliance with the White Land Fees and Vacant Properties Law, and to improve the efficiency of fees imposed on undeveloped (white) land to]]> Sun, 28 Dec 2025 09:47:00 +0000 http://www.eyeofriyadh.com/news/details/sama-issues-fees-guide-for-financial-institutions-services The Saudi Central Bank (SAMA) announced issuing the “Fees Guide for Financial Institutions' Services", which will replace the currently applicable “Banking Tariff" once it enters into force.   This step comes as part of SAMA's supervisory and regulatory role and its ongoing efforts to take measures that ensure the protection of customers of financial institutions, the central]]> Tue, 23 Dec 2025 15:21:00 +0000 http://www.eyeofriyadh.com/news/details/launch-of-simplified-protocol-will-ease-the-movement-of-foreign-yachts-between-abu-dhabi-and-dubai In a significant step toward enhancing the UAE’s appeal as a premier maritime destination, foreign yachts in Abu Dhabi and Dubai will now enjoy a streamlined administrative process for travelling between the two emirates. The new consolidated protocol includes mutual recognition of sailing permits and the elimination of redundant local entry and exit procedures. This mutual recognition]]> Tue, 23 Dec 2025 00:17:00 +0000 http://www.eyeofriyadh.com/news/details/cancelling-expat-levy-boosts-saudi-industry-s-global-position-alkhorayef The decision to abolish the financial levy imposed on expatriate workers in industrial facilities will enhance the global competitiveness of Saudi industry and expand the reach and penetration of non-oil exports across international markets, said Bandar Alkhorayef, Minister of Industry and Mineral Resources.   In his remarks to the Saudi Press Agency (SPA), the minister said the]]> Thu, 18 Dec 2025 08:45:00 +0000 http://www.eyeofriyadh.com/news/details/saudi-cabinet-scraps-expat-levy-for-licensed-industrial-facilities The Saudi Cabinet, chaired by Crown Prince and Prime Minister Mohammed bin Salman, approved the abolition of fees imposed on expatriate labor in licensed industrial facilities, based on a recommendation submitted by the Council of Economic and Development Affairs (CEDA).   According to the Saudi Press Agency, the decision underscores the support and empowerment provided to the]]> Thu, 18 Dec 2025 08:42:00 +0000 http://www.eyeofriyadh.com/news/details/rcrc-declares-results-of-tawazoun-platform-land-draw The Royal Commission for Riyadh City (RCRC) announced today the results of the electronic draw for purchasing residential land through the Real Estate Balance Platform (Tawazoun), following the completion of all procedures related to verifying applicants’ eligibility and reviewing objections submitted prior to the draw.   The electronic draw was conducted under the supervision of ]]> Thu, 18 Dec 2025 08:41:00 +0000 http://www.eyeofriyadh.com/news/details/dubai-customs-launches-project-to-update-its-strategic-plan-2026-2030 As part of its ongoing efforts to strengthen Dubai’s position as a leading global hub for trade, economy, and government innovation, Dubai Customs announced the launch of its project to update its institutional strategic plan 2026–2030. This initiative reflects the organization’s forward-looking vision to keep pace with rapid global developments in the customs ecosystem, enhance its role in ]]> Mon, 15 Dec 2025 09:28:00 +0000 http://www.eyeofriyadh.com/news/details/violations-schedule-regulating-landlord-tenant-relationship-approved The Official Gazette published the classification schedule of violations related to regulatory provisions governing the relationship between landlord and tenant, which was approved by the Council of Ministers. ]]> Mon, 15 Dec 2025 09:16:00 +0000 http://www.eyeofriyadh.com/news/details/details-of-draft-financial-oversight-law The Saudi Cabinet approved the draft Financial Oversight Law.  Financial oversight refers to the policies, procedures, and mechanisms applied by the ministry to entities through the oversight methods stipulated in the law, without encroaching on the jurisdictions of other oversight bodies, according to the Official Gazette, Umm Al Qura. The draft law consists of 29 articles and]]> Sun, 14 Dec 2025 07:07:00 +0000