Saudi Arabia Launches Unified Visa Platform, Announces Full Digital Transformation in 2024

The Governor of the Digital Government Authority, Eng. Ahmed Alsuwaiyan, addresses the Digital Government Forum in Riyadh. (SPA)
The Governor of the Digital Government Authority, Eng. Ahmed Alsuwaiyan, addresses the Digital Government Forum in Riyadh. (SPA)
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Saudi Arabia Launches Unified Visa Platform, Announces Full Digital Transformation in 2024

The Governor of the Digital Government Authority, Eng. Ahmed Alsuwaiyan, addresses the Digital Government Forum in Riyadh. (SPA)
The Governor of the Digital Government Authority, Eng. Ahmed Alsuwaiyan, addresses the Digital Government Forum in Riyadh. (SPA)

Saudi Arabia announced on Tuesday the launch of a unified visa platform called “Saudi Visa,” with the aim of facilitating visa application procedures, as part of its endeavor to attract more tourists in the coming years. The country also revealed its intention to fully digitalize its government services next year.

The announcement came during the second edition of the Digital Government Forum, which kicked off on Tuesday in Riyadh, with the participation of government agencies, and in the presence of ministers and local and international experts.

Addressing the event, the Governor of the Digital Government Authority, Eng. Ahmed Alsuwaiyan, said that Saudi Arabia was leading the countries of the region in the Government Electronic and Mobile Services maturity index (GEMS), which is issued by the United Nations ESCWA.

He pointed to “the record results achieved by public agencies in digital services and the saving of billions of dollars as a result of this maturity in digital transformation.”

Alsuwaiyan noted that savings amounting to SAR 5.5 billion ($1.5 billion) had been achieved by reviewing the budgets of more than 200 projects and activating four framework agreements.

He also said that the unified visa platform of the Ministry of Foreign Affairs allows the issuance of a visa in 60 seconds, compared to 48 hours before the implementation of the new electronic system.

The Assistant Secretary for Economic and Development Affairs in the General Secretariat of the GCC countries, Khaled Al-Sunaidi, expected the global digital economy to reach around $25 trillion within 5 years, indicating that these figures and facts reflected the great importance and inevitable need to enhance digital transformation in various fields, in particular digital government.

He pointed to the great progress achieved by the GCC countries in the Digital Government Maturity Index data, with Saudi Arabia raking third globally and first regionally in 2022, out of 198 countries.

Meanwhile, the Assistant Minister of Foreign Affairs for Executive Affairs, Abdul Hadi Al-Mansouri, announced the launch of the Saudi Visa platform to develop digital services, explaining that the platform was linked to more than 30 public and private entities.

Also on Tuesday, the Education and Training Evaluation Commission unveiled the “Tamayoz” platform, which contributes to providing electronic solutions that facilitate school evaluation procedures, live data for users, and integration with relevant authorities’ systems, in addition to issuing electronic school evaluation reports and the results of various evaluations.



Euro Zone Yields Fall after Iran Raises Prospect of Hormuz Reopening

Euro banknotes (Reuters)
Euro banknotes (Reuters)
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Euro Zone Yields Fall after Iran Raises Prospect of Hormuz Reopening

Euro banknotes (Reuters)
Euro banknotes (Reuters)

Euro zone bond yields fell for a second straight day on Tuesday, hitting their lowest in almost two weeks after Iran raised the prospect of reopening the Strait of Hormuz and Washington hinted it could restart talks with Tehran, pushing oil prices lower.

Germany's 10-year bond yield, the benchmark for the bloc, fell 1 basis point to 3.44% after rising as much as 4 bps earlier in the session. It fell 7 bps on Monday as energy prices retreated.

A senior Iranian official told Reuters that the strait, which carried about a fifth of global energy supplies before the war, could reopen within seven days if the US also lifts its blockade of Iranian ports.

The official added that Iran's delegation to a UN meeting in New York this week has full authority to revive diplomacy over the conflict.

US Secretary of State Marco Rubio told NBC's "Today" show that Washington was open to speaking with Tehran.

The dip in energy prices helped pull yields lower globally after a surge in recent weeks fuelled by expectations of further interest-rate hikes to combat energy-driven inflation. Traders are pricing in around 35 bps of additional European Central Bank tightening this year, down from 40 bps on Friday.

Germany's two-year bond yield, which is sensitive to interest-rate expectations, fell 1 bp to 3.19%, following a 6-bp drop on Monday.

Rabobank senior rates strategist Lyn Graham-Taylor said lower oil prices following the Iranian comments were weighing on bond yields.

Brent crude futures were last down 1% to $100 a barrel after earlier falling to $97.40, the lowest in two weeks.


Libya's NOC Says Sharara Crude Pipeline Closure Losses at 130,000 bpd

General view of the Sharara oil field in Libya (Reuters)
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Libya's NOC Says Sharara Crude Pipeline Closure Losses at 130,000 bpd

General view of the Sharara oil field in Libya (Reuters)

Libya's National Oil Corporation said on Tuesday that the Sharara-Zawiya crude loading pipeline closure has led to daily losses of about 130,000 barrels per day, Reuters reported.

An armed military group closed valve seven on the Sharara crude pipeline to Zawiya port on Monday, resulting in a significant decline in production at the Sharara oilfield, the National Oil Corporation said in a statement.

 

 

 

 


Sources: Saudi Arabia Restarts East-West Oil Pipeline

FILE PHOTO: A model of an oil pump is seen in front of a Saudi Arabian flag in this illustration taken January 9, 2026. REUTERS/Dado Ruvic/Illustration/File Photo
FILE PHOTO: A model of an oil pump is seen in front of a Saudi Arabian flag in this illustration taken January 9, 2026. REUTERS/Dado Ruvic/Illustration/File Photo
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Sources: Saudi Arabia Restarts East-West Oil Pipeline

FILE PHOTO: A model of an oil pump is seen in front of a Saudi Arabian flag in this illustration taken January 9, 2026. REUTERS/Dado Ruvic/Illustration/File Photo
FILE PHOTO: A model of an oil pump is seen in front of a Saudi Arabian flag in this illustration taken January 9, 2026. REUTERS/Dado Ruvic/Illustration/File Photo

Saudi Arabia has restarted operations at its East-West Pipeline and could resume exports from the Red Sea port of Yanbu later on Tuesday, three sources briefed on the matter said.

Drone attacks forced Saudi Arabia to shut its East-West Pipeline on September 13, halting crude loadings at the kingdom's Yanbu port.

The resumption of supplies on Tuesday helped to drive selling on global oil markets, traders said. Brent crude futures fell by more than $2 a barrel to its lowest since September 8.

Two trading sources said traders were getting ready for Saudi oil loadings by moving tankers to Egypt's Mediterranean Port Said for ship-to-ship transfers and also to Sidi Kerir.