Expo 2030 Riyadh registration dossier receives final BIE approval in Paris    Ministry of Hajj suspends 7 Umrah companies over transport violations    Al-Daqal Castle: A timeless sentinel in the mountains of Abha    Saudi Arabia participates in CERF advisory group meeting in Geneva    Riyadh ranks 23, up 60 places, among top 100 emerging startup ecosystems globally    Mobile Festival across Riyadh features Dar wa Emaar's annual Eid Al Adha celebration The mobile festival reinforces the company's commitment to building vibrant communities and enhancing quality of life beyond unit delivery.    Trump abruptly leaves G7 Summit as Israel-Iran conflict intensifies    Iran launches fresh missile attack on Israel as conflict enters fifth day    15 killed in worst Russian strikes on Kyiv in almost a year    Jeddah Astronomy reports solar flare triggering geomagnetic storm    California doctor to plead guilty to supplying Matthew Perry with ketamine    Culture Ministry to present second edition of 'Terhal' performance in Diriyah this August    Saudi Arabia beat Haiti 1-0 to open 2025 Gold Cup campaign    Smart applications transform visitor experience and accelerate digital transformation in Saudi tourism    Riyadh residents to receive alerts on nearby infrastructure work    Saudi Arabia miss World Cup spot after Australia defeat, head to Asian playoff    Al Hilal president: No new signings for Club World Cup due to inflated demands    New York Gallery showcases AlUla Heritage sketches by French architect Heim    Saudi Arabia face uphill task against Australia in World Cup qualifier    Cowboy Beyoncé dazzles nearly sold-out stadium    Ministry launches online booking for slaughterhouses on eve of Eid Al-Adha    Shah Rukh Khan makes Met Gala debut in Sabyasachi    Pakistani star's Bollywood return excites fans and riles far right    Veteran Bollywood actor Manoj Kumar dies at 87    Exotic Taif Roses Simulation Performed at Taif Rose Festival    Asian shares mixed Tuesday    Weather Forecast for Tuesday    Saudi Tourism Authority Participates in Arabian Travel Market Exhibition in Dubai    Minister of Industry Announces 50 Investment Opportunities Worth over SAR 96 Billion in Machinery, Equipment Sector    HRH Crown Prince Offers Condolences to Crown Prince of Kuwait on Death of Sheikh Fawaz Salman Abdullah Al-Ali Al-Malek Al-Sabah    HRH Crown Prince Congratulates Santiago Peña on Winning Presidential Election in Paraguay    SDAIA Launches 1st Phase of 'Elevate Program' to Train 1,000 Women on Data, AI    41 Saudi Citizens and 171 Others from Brotherly and Friendly Countries Arrive in Saudi Arabia from Sudan    Saudi Arabia Hosts 1st Meeting of Arab Authorities Controlling Medicines    General Directorate of Narcotics Control Foils Attempt to Smuggle over 5 Million Amphetamine Pills    NAVI Javelins Crowned as Champions of Women's Counter-Strike: Global Offensive (CS:GO) Competitions    Saudi Karate Team Wins Four Medals in World Youth League Championship    Third Edition of FIFA Forward Program Kicks off in Riyadh    Evacuated from Sudan, 187 Nationals from Several Countries Arrive in Jeddah    SPA Documents Thajjud Prayer at Prophet's Mosque in Madinah    SFDA Recommends to Test Blood Sugar at Home Two or Three Hours after Meals    SFDA Offers Various Recommendations for Safe Food Frying    SFDA Provides Five Tips for Using Home Blood Pressure Monitor    SFDA: Instant Soup Contains Large Amounts of Salt    Mawani: New shipping service to connect Jubail Commercial Port to 11 global ports    Custodian of the Two Holy Mosques Delivers Speech to Pilgrims, Citizens, Residents and Muslims around the World    Sheikh Al-Issa in Arafah's Sermon: Allaah Blessed You by Making It Easy for You to Carry out This Obligation. Thus, Ensure Following the Guidance of Your Prophet    Custodian of the Two Holy Mosques addresses citizens and all Muslims on the occasion of the Holy month of Ramadan    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Noose tightened on cover-up businesses
Published in The Saudi Gazette on 13 - 05 - 2014


Saudi Gazette report
JEDDAH – The Council of Ministers on Monday approved a series of measures aimed at further tightening noose on the illegal cover-up business sector dominated by foreigners. The weekly session of the Cabinet was chaired by Crown Prince Salman Bin Abdulaziz, deputy premier and minister of defense, at Al-Salam Palace here.
Minister of Culture and Information Dr. Abdulaziz Khoja said Cabinet reviewed a report presented by the Ministry of Interior and decided to supply the Ministry of Commerce and Industry with more personnel and funding to fight cover-up business activities.
The government agencies, which are responsible for issuing commercial licenses, have been tasked with intensifying inspection campaign and report to the Ministry of Commerce and Industry on the illegal practices, Dr. Khoja said in a statement to the Saudi Press Agency.
The Cabinet directed the Ministry of Social Affairs to carry out studies about the establishment of consumer cooperative societies and expand them. The ministries of interior and labor have been instructed to continue the process to Saudize businesses and professions.
Cover up business or tasattur involves running business illegally by expatriates with the connivance of Saudi nationals. These businesses are estimated to be worth more than SR230 billion, according to a report published in 2013. Around 37 percent of illegal businesses were in the contracting and construction sector, 13 percent in food and consumer goods, 3.5 percent in general trade and more than 14 in other trades and professions, the report pointed out.
Last year, an official at King Abdulaziz University in Jeddah noted that about 30 percent of expatriates are engaged in cover-up businesses. The official estimated the total value of tasattur in the Kingdom at SR237 billion or 17 percent of the gross domestic product.
After reviewing the report submitted by the Minister of Commerce and Industry, who is also Chairman of Real Estate Contributions Committee, the Cabinet approved a number of procedures, including amendments in some paragraphs in the committee's working mechanism. It also directed the committee to accelerate the liquidation of all real estate contributions in accordance with its working mechanism and the relevant royal orders.
Dr. Khoja said the Cabinet denounced continuing excesses and excavation works in the vicinity of Al-Aqsa Mosque carried out by the Israeli occupation authorities which put obstacles on the entry of worshipers and prevent them from exercising their legitimate right to worship.
“The Kingdom holds Israel fully responsible for the deterioration of the situation in Jerusalem and any negative consequences resulting from the excesses by the occupation forces and settlers.”


Clic here to read the story from its source.