Saudi Arabia Recovers Citizen Account Program on Twitter after Hack

The official account of the Citizen’s Account program on Twitter was briefly hacked on Tuesday. (AFP)
The official account of the Citizen’s Account program on Twitter was briefly hacked on Tuesday. (AFP)
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Saudi Arabia Recovers Citizen Account Program on Twitter after Hack

The official account of the Citizen’s Account program on Twitter was briefly hacked on Tuesday. (AFP)
The official account of the Citizen’s Account program on Twitter was briefly hacked on Tuesday. (AFP)

The official account of the Citizen’s Account program on Twitter was hacked Tuesday morning, but technicians were able to recover it.

Official spokesman for the Ministry of Labor and Social Development Khalid Aba al-Khail confirmed the recovery of the Twitter account in a short period of time, pointing out that dealing with hackers, who follow foreign parties, is conducted according to official channels.

In addition, he announced the names of families eligible to receive the second monthly installment of the Citizen’s Account Program, noting that the next monthly installment will be transferred to registered beneficiaries on January 10.

In December, Saudi Arabia released the first installment of the Citizen’s Account Program at two billion riyals for 82 percent, or 10.6 million, of the registered beneficiaries.

The first payment to eligible Saudi citizens was released at SR300 per person or family.

Those who registered before November 9 will be included in the first phase of payment, those who registered between November 9 and December 16 in the second phase and those who registered after December 16 in the third phase.

The Citizen’s Account is a national cash-transfer program aimed at protecting Saudi families from the direct and indirect impact of the government’s structural economic reforms through direct monetary allowances.

The account announced Tuesday that in order to facilitate the process for the beneficiaries, it will exempt the objectors to the eligibility results from attaching documents.

The program allowed the beneficiaries to object to the non-eligibility of the subsidy within three months from the date of the issuance of the eligibility decision. It gave them the right to object to the amount of the subsidy deposited in the accounts of the beneficiaries after the deposit of the first installment on December 21.



China to Focus on Stabilizing Housing Market in 2025, Housing Regulator Says

 A cleaner carrying a broom and a trash bin walks along a street in Beijing on December 24, 2024. (AFP)
A cleaner carrying a broom and a trash bin walks along a street in Beijing on December 24, 2024. (AFP)
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China to Focus on Stabilizing Housing Market in 2025, Housing Regulator Says

 A cleaner carrying a broom and a trash bin walks along a street in Beijing on December 24, 2024. (AFP)
A cleaner carrying a broom and a trash bin walks along a street in Beijing on December 24, 2024. (AFP)

Efforts will continue in 2025 to stabilize and prevent further declines in China's real estate market, China Construction News reported, citing a work conference held by the housing regulator on Tuesday and Wednesday.

China will vigorously promote the reform of the commercial housing sales system, and expand the scope of urban village renovation beyond the addition of 1 million units, the report said.

China will strictly control the supply of commercial housing, while increasing the supply of affordable housing to help solve the living problems of a large number of new citizens, young people and migrant workers, it said.

Policymakers have stepped up efforts to revive the real estate by introducing new measures to encourage home demand after a government-led campaign to rein in highly leveraged developers triggered a crisis in 2021.

Since September, measures aimed at encouraging homebuying have included cutting mortgage rates and minimum down-payments, as well as tax incentives to lower the cost of housing transactions.

The real estate market has shown some momentum of stabilizing, with home transactions in October and November seeing year-on-year and month-on-month growth for two consecutive months, said the conference.

China's home prices fell at the slowest pace in 17 months in November, supported by government efforts to revive the sector, official data showed.

An official of the Central Financial and Economic Affairs Commission in December called for policy measures with direct impact on stabilizing the real estate market to be adopted as soon as possible, with local governments getting greater autonomy to buy housing stock.