Saudi Arabia Issues Travel Ban for Violators of Anti-Commercial Fraud Law

Saudi Arabia moves to prevent violators of anti-commercial fraud law from traveling. (SPA)
Saudi Arabia moves to prevent violators of anti-commercial fraud law from traveling. (SPA)
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Saudi Arabia Issues Travel Ban for Violators of Anti-Commercial Fraud Law

Saudi Arabia moves to prevent violators of anti-commercial fraud law from traveling. (SPA)
Saudi Arabia moves to prevent violators of anti-commercial fraud law from traveling. (SPA)

Saudi authorities allowed the Public Prosecution to issue a travel ban against the violators of the provisions of the anti-commercial fraud law until the final verdict is issued in the case.

Sources told Asharq Al-Awsat that the top authorities directed the Ministry of Interior to deport any non-Saudi convicted of committing any violations stipulated in Article Two of the law and bar them from entering the country again.

The government recently issued amended articles of the law adopted in the Kingdom allowing the Public Prosecution to issue a travel ban against any violator.

The cabinet had reviewed a recommendation prepared by the Council of Economic and Development Affairs. After considering the Shura Council’s decision and the recommendation of the Council’s General Committee, it issued approval to amend Article 23 of the system to comply with the state’s directions and combat violators of the law.

Judicial officers search and investigate the reports and then withdraw samples of the products in question for examination and analysis and issue a statement.

They can also enter and inspect facilities, storage places, and vehicles to investigate the violation and ultimately destroy the product.

Fines against violators of the law can reach $266,000 or imprisonment for a period of up to 3 years or both.

The Ministry of Commerce stressed its aim to protect consumer rights and apply legal penalties to establishments that violate the law.

It urged all consumers to submit their reports about violating facilities through the application of a “commercial fraud notification” or the Call Center at 1900 or the Ministry's official website.



Israel Approves Extra Gas Exports, Leviathan Field to Be Expanded 

An aerial view taken from a helicopter shows the Leviathan natural gas rig off the coast of the Mediterranean coast, in northern Israel, April 26, 2023. (Reuters)
An aerial view taken from a helicopter shows the Leviathan natural gas rig off the coast of the Mediterranean coast, in northern Israel, April 26, 2023. (Reuters)
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Israel Approves Extra Gas Exports, Leviathan Field to Be Expanded 

An aerial view taken from a helicopter shows the Leviathan natural gas rig off the coast of the Mediterranean coast, in northern Israel, April 26, 2023. (Reuters)
An aerial view taken from a helicopter shows the Leviathan natural gas rig off the coast of the Mediterranean coast, in northern Israel, April 26, 2023. (Reuters)

Israel on Wednesday approved the export of more natural gas from its offshore fields to boost the economy and energy security, and its partners in the huge Leviathan project in turn said they planned to invest up to $500 million to expand its capacity.

Energy Minister Eli Cohen said the decision to more than double the amount of gas allowed for exports would strengthen diplomatic ties, improve Israel's energy security and bring an added windfall to the economy.

His ministry gave the green light for the export of an additional 118 billion cubic meters (bcm) of natural gas from the east Mediterranean reserves, beyond the 105 bcm previously approved. The companies will still need to get specific export licenses for the additional quantities.

The Leviathan partners, which include operator Chevron and Israeli companies NewMed Energy and Ratio Energies, said they now intend to invest $400-500 million to expand the project, which primarily exports to Egypt and Jordan.

That includes the project's front-end engineering design and long lead items, NewMed said. It added that additional exports could rise to 145 bcm if certain conditions are fulfilled.

"Demand for natural gas in Israel and regional markets is rising and as such we are preparing to expand production at the Leviathan project," said Ratio chief executive Yigal Landau.

Leviathan currently produces 12 bcm a year, and that will gradually rise to about 21 bcm a year, NewMed said. It said the group is continuing to negotiate new deals to sell gas domestically and internationally.

Israel exported 8.6 bcm of gas to Egypt in 2023, which is an increase of 39% over the prior year. It also supplied Jordan with 2.9 bcm in 2023.