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'Extend', formerly SPAN) is the major payment system in Saudi Arabia. Established by Saudi Central Bank (SAMA), it connects all ATM and point of-sale (PoS) terminals throughout the country to a central payment switch, which in turn re-routes the financial transactions to the card issuer (local bank, Visa , American Express or MasterCard ).
General Authority for Roads (Arabic: الهيئة العامة للطرق), or Roads General Authority (RGA), [1] is a regulatory authority under Saudi Arabia's Ministry of Transport and Logistic Services that is responsible for overseeing the country's construction, operation and maintenance of roads.
Al Garhoud Bridge Toll Gate Salik Tag on windshield Salik Toll Gate near Al Garhoud Bridge Inside Salik Tag - RFID Antenna around and Chip on center A Salik advertisement on a Dubai RTA bus. Salik (In Arabic: سالك meaning "clear and moving") is the name given to the electronic toll road system in Dubai, United Arab Emirates, which is based ...
Transport in Saudi Arabia is facilitated through a relatively young system of roads, railways and seaways.Most of the network started construction after the discovery of oil in the Eastern Province in 1952, with the notable exception of Highway 40, which was built to connect the capital Riyadh to the economically productive Eastern Province, and later to the Islamic holy city of Mecca and the ...
Roads & Transport Authority (RTA) (Arabic: هيئة الطرق والمواصلات) is a Government of Dubai roads & transportation authority in Dubai, United Arab Emirates. It was founded in 2005 and is responsible for planning and executing transport and traffic projects, along with legislation and strategic plans of transportation in Dubai .
The minister of interior has several objectives and the ministry's mission is summarized as follows: Achieve security and stability Kingdom-wide, provide tranquility and safety for the citizens and fight against all means of crime to ensure the safety of Saudi society and its development.
In 2021, Saudi Arabia's Public Investment Fund (PIF) sold 120 million shares in Saudi Telecom Company (stc Group) for $3.2 billion after completing a secondary share offering of stc Group. [12] [13] The STV Investment Fund, which invests in small and medium-sized companies in communications and information technology, was established in 2018. [25]
Saudi Arabia is doing many reforms to reduce the country's dependency on oil revenues, but many of these reforms have overburdened some citizens. The Citizen's Account, which is a form of basic income , is designed to balance this up, to avoid burdening lower income families which would otherwise occur despite higher prices for oil, fuel and ...