INSEAD Day 4 - 728x90

Sanad posts record revenue

Growth driven by global demand for services.

Bank of Sharjah profit up 39%

Bank's total assets grow 10% to $14.4 billion.

DIB H1 net profit $1bn

Gross revenue increased 10% year on year

SIB H1 profit up 15.3%

Total operating income rises 20.5 percent.

flydubai Aleppo flights resumed

The flights were resumed after nearly 14 years.

New guidelines for Umrah pilgrims announced by Saudi ministry

The Hajj revenue amounted to about 12 billion dollars, which formed 7 percent of Saudi’s GDP in 2019.
  • This is done to ensure the health and safety of the Umrah Performers and visitors
  • These new requirements will go into effect starting at 1:00 am Wednesday, February 9, 2022

The Ministry of Hajj and Umrah announced an update in the procedures for entering Saudi Arabia for Umrah, which is one of the key non-oil sources of income for the kingdom.

This is done to ensure the health and safety of the Umrah Performers and visitors, the ministry said.

Based on the reports by the authorities regarding the measures taken by the Kingdom to counter COVID-19, the ministry has laid out certain guidelines, according to local media reports.

It includes all the Umrah performers arriving in the Kingdom to bring a negative certificate for an approved (PCR) test, regardless of their immunization status.

Other step includes an examination of a sample taken for rapid antigen test of COVID-19 within 48 hours of the date of departure to the Kingdom.

The ministry indicated that these new requirements will go into effect starting at 1:00 am Wednesday, February 9, 2022.

Notably, Hajj and Umrah are beneficial for Saudi’s economy as the revenue from the pilgrims is in billions of dollars.

The Hajj revenue amounted to about 12 billion dollars, which formed 7 percent of Saudi’s GDP in 2019.