Saudi Accreditation Center to Enhance Quality, Protect Consumers

A general view of Riyadh, Saudi Arabia. (SPA)
A general view of Riyadh, Saudi Arabia. (SPA)
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Saudi Accreditation Center to Enhance Quality, Protect Consumers

A general view of Riyadh, Saudi Arabia. (SPA)
A general view of Riyadh, Saudi Arabia. (SPA)

Saudi Arabia is looking to raise quality standards through the Saudi Accreditation Center (SAC), which revealed its objectives, including consumer protection, maintaining public health and safety, upgrade the quality and adequacy of services and products, and increase confidence in them.

The Center’s regulation shall include the definition of approved conformity assessment bodies, which are accredited by the Center.

The conformity assessment entails verifying that the specific requirements of a product, process, system or assessment body have been met.

The Center enjoys legal personality, financial and administrative independence, and is organizationally linked to the Minister of Trade and Investment. Its headquarters are located in Riyadh and, as required, may establish branches or offices within Saudi Arabia.

The Center shall establish all that is necessary to achieve its goals in acquiring accreditation bodies inside and outside the Kingdom.

This shall be done in accordance with the requirements approved by the board and the mutual recognition of the accreditation certificates of the conformity assessment bodies issued by the accreditation bodies in other countries in accordance with international practices and requirements.

SAC shall join international and regional organizations and bodies related to its activities and sign memorandums of understanding and agreements with them, in accordance with the established procedures.

It will also provide training services and qualify the assessors in the field of conformity assessment, as well as prepare a database of the center's activities. It shall coordinate with the governmental bodies in within the field of its activities, in order to contribute to the provision of data for the conformity assessment bodies for their adoption.

It shall also include studies, research and statistics relating to its activities and their publication in accordance with the rules and procedures established by the Council. The Center will also organize seminars and conferences related to its activities and represent the country in international and regional organizations.

The regulations of SAC were published after the Saudi cabinet has approved granting the Saudi Accreditation Committee independence, rebranding it as the Saudi Accreditation Center.

According to the regulations, the center will have a board of directors headed by the Minister of Trade and Investment, with representatives from the Ministry, Organization for Standardization, Metrology and Quality Organization, Food and Drug Authority, Building Code National Committee, and Consumer Protection Association, as well as three representatives from the private sector.

The board will be appointed by the cabinet upon the proposal of the Council of Saudi Chambers. Their term of office shall be three years and may be renewed for one time.

Article 6 provides that the board shall hold at least four meetings per year and whenever necessary, according to the discretion of its President, or upon the request of at least one third of its members.



Saudi Arabia Provides $500 Million in Financial Support to Yemen

Saudi Arabia Provides $500 Million in Financial Support to Yemen
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Saudi Arabia Provides $500 Million in Financial Support to Yemen

Saudi Arabia Provides $500 Million in Financial Support to Yemen

The Kingdom of Saudi Arabia has given new economic support to Yemen, worth $500 million, to strengthen the Yemeni government's budget and bolster the Central Bank of Yemen.
The Saudi support package consists of a $300 million deposit in the Central Bank of Yemen, to improve the economic and financial situation, and $200 million to deal with the Yemeni budget deficit, out of a total pledge of $1.2 billion.
According to SPA, the funding, through the Saudi Development and Reconstruction Program for Yemen (SDRPY), aims to enhance food security, support salaries and wages, cover operating expenses, and help the government implement its economic reform program.
It also seeks to help set the basis for economic, financial, and monetary stability in the Republic of Yemen, strengthen this country’s public finances, enhance the capacity of government institutions, and improve governance and transparency. It also aims to empower the private sector to drive sustainable economic growth and create job opportunities, ultimately placing the national economy on a more sustainable path and driving economic and social development.
Previous Saudi deposits positively impacted the foreign exchange reserves of the Central Bank of Yemen, reduced the exchange rates, and contributed to the growth of the GDP. They also helped lower fuel and diesel prices, as well as the cost of imported food commodities.
Together with previous assistance, including grants and deposits, this aid aims to buttress Yemen's economic stability.
Key contributions of Saudi support include covering imports of essential food commodities (wheat grains, wheat flour, rice, milk, cooking oil, and sugar), strengthening the Central Bank's foreign exchange reserves, stabilizing the local currency, and reducing fuel and diesel prices.
While Saudi grants have positively impacted economic and social development in Yemen, and supported the national economy, they also helped mitigate the economic deterioration by increasing the foreign exchange reserves and boosting confidence in the Central Bank of Yemen.
Moreover, these grants led to greater financial transfers and foreign aid, thus strengthening the balance of income and transfers in Yemen.
The grants effectively stimulated economic growth while lessening inflationary pressures. By enabling the government to cover salaries and wages, they significantly reduced the budget deficit, which, in turn, improved the financial stability of the country and lowered the government's reliance on borrowing to finance its expenditures.
The grants greatly helped improve the performance of critical sectors. In healthcare, it funded essential medicines for chronic diseases and cancer treatment. It also came to the help of education and other vital sectors, and covered the cost of petroleum derivatives for electricity generation.
The Kingdom also significantly contributed to Yemen's economic growth by providing grants for petroleum derivatives. These grants enabled 80 power generation stations to operate in all Yemeni governorates, thus stimulating the Yemeni economy and enhancing the efficiency of vital, productive and service sectors in Yemen.
Through SDRPY, the Kingdom has implemented 263 development projects and initiatives in various Yemeni governorates. These projects serve the Yemeni people in eight crucial sectors: education, health, water, energy, transportation, agriculture and fisheries, capacity building of the Yemeni government, and development programs.