King Salman Extends Additional Support to Beneficiaries of Citizen Account Program

 Custodian of the Two Holy Mosques King Salman (SPA)
 Custodian of the Two Holy Mosques King Salman (SPA)
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King Salman Extends Additional Support to Beneficiaries of Citizen Account Program

 Custodian of the Two Holy Mosques King Salman (SPA)
 Custodian of the Two Holy Mosques King Salman (SPA)

Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud has directed that the additional assistance granted to beneficiaries of the Citizen Account Program be extended for two more months, until September 2023, and that registration for the program be kept open.

The royal order is upon the recommendation of Prince Mohammed bin Salma n bin Abdulaziz Al Saud, Crown Prince, Prime Minister and Chairman of the Council of Economic and Development Affairs.

The Citizen Account Program was created to protect Saudi households from the impact of global price hikes.

A royal directive was issued in July 2022 to allocate additional financial support to the beneficiaries of the Citizen Account Program until the end of the fiscal year 2022. Later, this period was extended and the registration for the program was kept open until July 2023 as per the royal directives issued in January and April 2023, SPA reported.



UAE: US Companies Sanctioned Over Sudan Do Not Operate in the Emirates

The Emirati Justice Ministry logo
The Emirati Justice Ministry logo
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UAE: US Companies Sanctioned Over Sudan Do Not Operate in the Emirates

The Emirati Justice Ministry logo
The Emirati Justice Ministry logo

The Emirati Justice Ministry on Friday said that the seven companies based in the United Arab Emirates and sanctioned by the US over Sudan do not own valid business licenses or operate locally.

The US has designated seven entities based in the Emirates under its Sudan sanctions program.

These entities include Capital Tap Holding LLC, Capital Tap Management Consultancies LLC, Capital Tap General Trading LLC, Creative Python LLC, Al Zumoroud and Al Yaqoot Gold & Jewellers LLC, Al Jil Al Qadem General Trading LLC, and Horizon Advanced Solutions General Trading LLC.

“Upon notice of the sanctions designations, the UAE initiated its own investigation into the entities and related individuals, seeking additional information from US authorities to support these investigations,” the Ministry said in a statement

It also confirmed that none of the seven entities hold an active business license in the UAE, nor are they currently operating in the UAE.

Relevant UAE authorities continue to monitor any potential suspicious activity in accordance with applicable UAE laws, the Ministry added.