Politics
Seasonal, mobile, and home-based businesses are exempt from the commercial register
The Ministry of Commerce has adopted the executive regulations for the Commercial Registry System, which include the merchant's obligation to obtain a license to practice the activity
The Ministry of Commerce adopted the executive regulations for the Commercial Registry System, which included the obligation of the merchant to obtain a license to practice the activity registered in the registry, and the licensing authority must notify the registrant of any update to the data.
If 90 days have passed from the date of registration of the activity in the register without issuing the license for activities that require it or without the merchant providing proof that he is practicing an activity that does not require a license, the registrar shall cancel the registration. The registrar may extend this period on his own initiative or at the request of the merchant. The foreign investor, when requesting registration in the commercial register, must attach proof of registration with the Ministry of Investment or other competent authorities, in addition to the documents specified by the registrar with an approved Arabic translation thereof.
The merchant is registered in the commercial register once, even if his activities and branches are numerous. The registrar suspends the merchant’s registration and related services if he does not submit the annual confirmation within 90 days of its due date.
The regulations included procedures for voluntary deregistration, most notably that if a merchant submits a request to voluntarily deregister, the registrar must decide on it within 10 days. The deregistration of a company or branch of a foreign company from the register shall be after the completion of the liquidation procedures under the Companies and Bankruptcy Laws. A natural person merchant shall not be exempt from paying the financial compensation and any other obligations if his registration is deregistered from the register.
According to the executive regulations, any of the heirs of a deceased natural person may submit a request to continue practicing the activity within 60 days of the death. If the request is submitted within this period, the applicant must complete the regulatory procedures related to continuation within 180 days, and the registrar may extend this period based on cases he deems appropriate.
If the heirs of the deceased natural person do not complete the procedures related to continuing to practice the activity within 180 days, the registrar, after verifying the death, shall notify the heirs to cancel the registration of the deceased trader within 30 days from the date of notification. If this period expires without its extension or completion of the procedures related to continuing, the registrar shall cancel the registration of the deceased trader from the register and notify the heirs.
The regulations included exceptions to the restriction, including: those who engage in a licensed temporary seasonal business, those who engage in business as street vendors or with cars and mobile carts licensed by the Ministry of Municipalities, those who engage in business as productive families registered with the Social Development Bank, and those who engage in business as micro-enterprises through business incubators licensed by the General Authority for Small and Medium Enterprises. The merchant’s exemption does not preclude him from being subject to the provisions applicable to merchants under the relevant regulations.
Fines for violators
The regulations classified violations into several categories, including: failure to submit annual data confirmation, with a fine of 500 riyals for sole proprietorships, 1,600 riyals for simplified joint-stock companies and branches of foreign companies, 1,200 riyals for limited liability companies, and 1,000 riyals for partnerships and limited partnerships. Failure to update data carries a fine of 500 riyals.
A fine of 1,000 riyals is imposed for not displaying basic data through the unified electronic code in a clear place inside and outside the establishment, and the same for not providing bank account data, a fine of 5,000 riyals for practicing commercial activity without registration in the commercial register, and a fine of 10,000 riyals for the merchant providing incorrect data in the commercial register that leads to misleading information.
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Putin and Sharaa in Moscow: The future of Russian-Syrian relations
Russian President Vladimir Putin and Syrian interim Prime Minister Ahmed al-Sharaa discussed the future of bilateral relations, the fate of Russian forces, and reconstruction in Moscow.
A strategic meeting in the Kremlin shapes the future
In a highly significant diplomatic move, Russian President Vladimir Putin received Syrian interim Prime Minister Ahmed al-Sharaa at the Kremlin on Wednesday. This meeting, the first of its kind since the recent radical political changes in Damascus, focused on the prospects for bilateral relations, the future of the Russian military presence in Syria, and the complex situation in the Middle East.
Historical background: From supporting the previous regime to engaging in dialogue with the new reality
This meeting is taking place against the backdrop of a historic shift in Syria, marked by the collapse of Bashar al-Assad's regime, whose most prominent international backer was Moscow. Since its military intervention in 2015, Russia has played a decisive role in tipping the balance of the conflict in favor of the former regime, establishing strategic military bases in Hmeimim and Tartus. Today, Putin's dialogue with al-Sharaa represents a pragmatic shift in Russian policy, an acknowledgment of the new reality on the ground, and an effort by Moscow to preserve its strategic interests and influence in Syria and the region.
The importance of the meeting and its potential effects
The meeting is of paramount importance to both sides. For the new Syrian government, this visit is a vital step toward gaining international legitimacy and securing the support of a major world power during the reconstruction and stabilization phase. For Russia, the goal is to ensure the continuity of its security and economic interests, safeguard the future of its military bases, and solidify its role as an indispensable mediator in any future political settlement in Syria.
Topics of discussion: From the economy to the military presence
During the meeting, President Putin praised al-Sharaa's efforts to develop relations, emphasizing the success in raising the level of economic cooperation between the two countries. Putin expressed a clear desire for Russian companies, particularly in the construction sector, to play a pivotal role in the reconstruction of Syria, which represents an economic opportunity for Moscow to recoup the costs of its military intervention. For his part, al-Sharaa commended Russia's role in achieving stability, expressing his hope that the Middle East region would witness a new phase of development and prosperity, and noting the numerous commonalities between Damascus and Moscow upon which further cooperation could be built.
The future of the Russian military presence was expected to feature prominently in the discussions, as the new Syrian government seeks to redefine its relationship with foreign forces on its territory, while Russia aims to secure an agreement that guarantees its long-term strategic presence.
Politics
Crown Prince receives Hillary Clinton: Meeting strengthens Saudi-American dialogue
Crown Prince Mohammed bin Salman received former US Secretary of State Hillary Clinton in Riyadh, in a friendly meeting that reflects the depth of Saudi-American relations and the importance of continued dialogue.
His Royal Highness Crown Prince Mohammed bin Salman bin Abdulaziz, Prime Minister, received former US Secretary of State Hillary Clinton at his office in Al-Yamamah Palace in Riyadh. The meeting included friendly exchanges, reflecting the ongoing communication between the Saudi leadership and prominent political figures on the international stage.
This meeting comes within the context of the historical and strategic relationship between the Kingdom of Saudi Arabia and the United States of America, a relationship that spans decades and has included close cooperation in the fields of energy, security, and counterterrorism. Hillary Clinton, who served as Secretary of State in the administration of President Barack Obama, is a pivotal figure in American diplomacy and has a long history of dealing with Middle Eastern issues, including her numerous visits to the Kingdom during her tenure, where she discussed pressing regional and international matters with Saudi leaders at the time.
Although Clinton does not currently hold an official position in the US government, she remains an influential figure in the Democratic Party and maintains a broad network of international contacts. The significance of this meeting lies in its role as an informal diplomatic channel, allowing for an exchange of views outside the constraints of strict formal protocols. It also underscores the Kingdom's commitment to building bridges with diverse political factions in the United States, an approach that fosters understanding of shared interests and contributes to shaping the future of bilateral relations.
On both regional and international levels, the meeting carries significant implications. It highlights the pivotal role the Kingdom plays as a stabilizing force in the Middle East and its commitment to consulting with international experts and policymakers on current challenges. The meeting also reflects the Kingdom's openness under Vision 2030, which encompasses not only economic and social transformation but also strengthening the Kingdom's diplomatic presence and expanding its dialogue with the world. Such meetings contribute to providing a firsthand look at the developments and reforms led by the Kingdom and offer an opportunity to discuss global issues from a Saudi perspective.
Politics
Arabian Gulf Security Exercise 4: Enhancing security cooperation to counter threats
The “Arabian Gulf Security 4” exercise was launched in Qatar with specialized Saudi participation, with the aim of raising readiness and enhancing joint action among the Gulf Cooperation Council countries to confront security threats.
Colonel Dr. Ali Al-Qahtani, commander of the Saudi force participating in the “Arabian Gulf Security 4” exercise hosted by Qatar, affirmed that the exercise aims to counter potential threats and enhance regional security. Al-Qahtani explained that the Kingdom is participating with a specialized security force from the Ministry of Interior and the Presidency of State Security, reflecting the strategic importance Riyadh places on strengthening joint security efforts among the Gulf Cooperation Council (GCC) countries.
Background and context of the exercise
The “Arabian Gulf Security 4” exercise comes as a new link in a series of joint security exercises whose first version was launched in the Kingdom of Bahrain in 2016, followed by the second version in the United Arab Emirates in 2019, and then the third version in the Kingdom of Saudi Arabia in 2022. These periodic exercises are an embodiment of the security agreements between the GCC countries, and aim to unify concepts, coordinate efforts and raise the level of joint field work between the security agencies in the member states, thus ensuring a rapid and unified response to any security emergency.
Importance and strategic objectives
The exercise's objectives extend beyond routine training, focusing on developing security cooperation mechanisms, enhancing combat readiness, and exchanging expertise to address complex and emerging security threats. These threats include counterterrorism, transnational organized crime, cybersecurity, and securing vital infrastructure and maritime facilities. Through realistic scenarios, the exercise hones the participating forces' skills in command and control, operational management, and intelligence coordination, thereby strengthening their ability to operate as a cohesive and integrated force.
Regional and international impact
The timing of this exercise sends a clear message about the unity and solidarity of the Gulf Cooperation Council (GCC) states in the face of regional challenges. The high-level attendance at the opening ceremony, including Qatari Undersecretary of the Ministry of Interior Abdullah Al-Kaabi, Assistant Secretary-General for Security Affairs at the GCC Secretariat Brigadier General Hamad Ajlan Al-Amimi, and Chairman of the Saudi Joint Force Committee Major General Awad Al-Anzi, reflects the shared political will to support regional stability. This security cooperation not only protects the security of the GCC states but also extends to securing vital waterways and stabilizing global energy markets, making it of international importance.
The launch of the “Arabian Gulf Security 4” exercise is a significant strategic step to strengthen the collective security system of the Gulf states and affirms their readiness to deal with various potential scenarios and threats. The exercise represents a vital platform for exchanging expertise and developing capabilities, serving the security and stability of the region and its people.
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