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2026-09-03T12:28:24.486Z

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NCB Group Names Fawaz Al-Thumairy CEO

الاقتصاديةالاقتصاديةالاقتصادية
18 Hrs2026-09-03T18:16:20.410Z
NCB Group Names Fawaz Al-Thumairy CEO

Saudi Arabia Opens AI Academy for 1.4 Million

الاقتصاديةالاقتصاديةالاقتصادية
19 Hrs2026-09-03T16:42:49.478Z
Saudi Arabia Opens AI Academy for 1.4 Million

Saudi expansion triples AI growth

الاقتصاديةالاقتصاديةالاقتصادية
22 Hrs2026-09-03T13:49:54.985Z
Saudi expansion triples AI growth

Kuwaiti Fund Signs Grant for Gulf Power Link

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23 Hrs2026-09-03T13:06:27.195Z
Kuwaiti Fund Signs Grant for Gulf Power Link

Insurance Authority extends Asij capital deadline

معلومات مباشرمعلومات مباشرمعلومات مباشر
23 Hrs2026-09-03T13:06:16.592Z
Insurance Authority extends Asij capital deadline
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Commercial Cover-up Program Hosts 5,160 Regulatory Checks in August

Commercial Cover-up Program Hosts 5,160 Regulatory Checks in August

In August 2026, the Saudi Ministry of Commerce carried out approximately 5,161 inspection rounds across various regions of the Kingdom to uncover cases of commercial concealment. These efforts resulted in the detection of 239 initial suspicions, which were referred to the relevant authorities for investigation and enforcement of legal penalties. The operations included monitoring the compliance of commercial establishments in sectors such as flower and plant sales, travel agencies, restaurants, date trading, plant cultivation, and women's clothing. Anti-concealment regulations stipulate penalties of up to five years in prison and a fine of 1.5 million riyals, in addition to confiscation of illegal assets, closure of establishments, deregistration, and restrictions preventing those involved in concealment from working in Saudi Arabia or entering the country.

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