Individuals and companies allowed to accept donations in Saudi Arabia

by time news

The move was launched to allow indigenous individuals and companies to accept donations directly to charities.

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First Published Sep 3, 2022, 9:42 AM IST

RIYADH: Saudi Arabia allows companies and individuals to accept donations subject to conditions. Allowing donation collection by obtaining license and enabling financial and administrative oversight. The National Center for Non-Profit Sector initiated the process.

The move was launched to allow indigenous individuals and companies to accept donations directly to charities. The process was initiated by the National Center for Non-Profit Sector. The objective is to enable fundraising in a systematic manner by granting licenses and enabling financial and administrative oversight.

Companies and individuals can work in this field by obtaining a special license. The license is granted for one year. A special permission of the Cabinet is also required to receive donations from abroad. Acceptance of cash donations will also be restricted. But the total ban on distribution of donations to agencies and individuals abroad will continue.

Read also: He threatened his girlfriend and took obscene pictures; Expatriate youth sentenced in UAE

Dammam airport car parking rate change in Saudi Arabia
Riyadh: New rate for car parking at Dammam International Airport. The change is based on current rates at King Fahd International Airport. The rate has been revised to three riyals per hour for those who make payments through kiosk machines and mobile applications and four riyals per hour for those who pay through the cash counter at the exit.

The move is part of reducing traffic congestion at the exit point and facilitating cash transactions. The new rate will be applicable in the three-storey parking facilities connected to the Dammam airport terminal.

Read also: A new airline is coming in Saudi Arabia

Last Updated Sep 3, 2022, 9:42 AM IST

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