Saudi pharma firms fined $180,000 over product shortages

Saudi pharma firms fined $180,000 over product shortages
SFDA has imposed fines totaling SR678,400 ($180,000) on 24 pharmaceutical firms. (AFP)
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Updated 26 September 2024
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Saudi pharma firms fined $180,000 over product shortages

Saudi pharma firms fined $180,000 over product shortages
  • Violations cited by the SFDA included failure to report to the authority’s drug track and trace system
  • SFDA said that it imposed penalties on the 24 firms as outlined in its product guidelines

RIYADH: The Saudi Food and Drug Authority has imposed fines totaling SR678,400 ($180,000) on 24 pharmaceutical firms over failures to provide registered products in the local market.

Violations cited by the SFDA included failure to report to the authority’s drug track and trace system, failure to notify the authority of likely shortages or supply interruptions, and failure to maintain adequate stocks of products, the Saudi Press Agency reported.

The SFDA said that it imposed penalties on the 24 firms as outlined in its product guidelines to pharmaceutical, and herbal and health product manufacturers.

According to the guidelines, pharmaceutical and herbal manufacturers, as well as warehouses, are required to maintain sufficient stocks of all registered products for six months, based on annual data reviewed by the SFDA.

Any stock shortages must be addressed within three months, unless the authority issues a decision to cancel the product registrations.

Pharmaceutical and herbal manufacturers, along with their representatives, must notify the SFDA of any anticipated shortages or interruptions in the supply of registered products at least six months from the expected time of the disruption.

Firms are also required to provide solutions to help address the shortage.

This aligns with the SFDA’s commitment to ensuring that pharmaceutical establishments adhere to its regulations guaranteeing the availability of medicine across the Kingdom.

Penalties can reach up to SR5 million, in addition to the potential closure of the facility or cancelation of its license.

The SFDA said violations can be reported by contacting the unified number 19999.


Saudi Arabia is investing millions to boost tourism, create jobs

Saudi Arabia is investing millions to boost tourism, create jobs
Updated 1 min 49 sec ago
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Saudi Arabia is investing millions to boost tourism, create jobs

Saudi Arabia is investing millions to boost tourism, create jobs
  • Over 50,000 training opportunities earmarked for women, says Minister Ahmed Al-Khateeb
  • Ahmed Al-Khateeb: Saudi Arabia’s Vision 2030 highlights the Kingdom’s dedication to making the travel and tourism sector a key driver of social change

LONDON: Tourism Minister Ahmed Al-Khateeb says the Kingdom is allocating substantial funds to boost the industry and create jobs, especially for young people and females.

Al-Khateeb made the comments during discussions on a joint report by the Ministry of Tourism and the World Travel & Tourism Council revealing the heavy toll the COVID-19 pandemic had on women and youth jobs in the industry, the Saudi Press Agency reported on Wednesday.

Al-Khateeb said: “Saudi Arabia’s Vision 2030 highlights the Kingdom’s dedication to making the travel and tourism sector a key driver of social change.”

He added: “In 2024, we have dedicated substantial funds to the tourism sector, including $100 million for skills development and training for workers at all levels, from entry to leadership.

“Specialized programs will be provided for local guides to gain comprehensive knowledge of our rich history and natural wonders. Additionally, over 50,000 training opportunities have been earmarked for women.”

Al-Khateeb said Saudi Arabia’s women have achieved significant milestones in the domestic tourism industry and this year make up 42 percent of the sector.

According to the World Tourism Organization, Saudi Arabia women now make up 22 percent of leadership positions, and 46 percent in other areas.

The report, “Social Trends in Travel & Tourism Employment,” sheds light on the sharp decline in women and youth employment due to the pandemic.

In 2019, the travel and tourism sector supported 48.4 million women and around 19 million young people, while in 2022 the figures are 42 million and 16.1 million respectively.

Julia Simpson, the WTTC’s president and chief executive, said: “This report emphasizes the tremendous potential of the travel and tourism sector to drive inclusive growth. However, it also highlights the urgent need for action.

“Women and young people are the backbone of our sector, yet they continue to face significant barriers. By investing in skills development, promoting inclusive policies, and encouraging entrepreneurship, we can unleash the full potential of these groups and ensure our sector leads in creating meaningful and sustainable job opportunities.”


Riyadh International Book Fair kicks off

Riyadh International Book Fair kicks off
Updated 4 min 26 sec ago
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Riyadh International Book Fair kicks off

Riyadh International Book Fair kicks off
  • The fair will run from Sept. 26 until Oct. 5

RIYADH: The Riyadh International Book Fair got underway at King Saud University on Thursday under the theme “Riyadh Reads.”

This year’s fair — organized by the Literature, Publishing and Translation Commission — features more than 2,000 publishing houses from more than 30 countries, spread across 800 pavilions.

The fair will run from Thursday, Sept. 26 until Saturday, Oct. 5 with local and international publishers from around the world.

The fair will also feature cultural experiences with more than 200 events suited to all ages, such as seminars, panel discussions, lectures, poetry evenings, theatrical performances and workshops addressing a wide range of topics.

There will also be a dedicated zone for children aged 3 to 12 years, which has been put together with educational and entertaining activities for families to participate in.

The children’s area will feature a special section featuring works by Saudi authors and platforms for book signings, offering the public the chance to meet their favorite authors and get their latest releases autographed.

Saudi, other Arab and international cultural organizations and institutions will be present, making it a key platform for publishers, intellectual and cultural exchange, and a meeting point for writers, thinkers and culture and book enthusiasts from within and outside the Kingdom.

Each year the Riyadh International Book Fair welcomes a country as the guest of honor — last year it was Oman and this year is Qatar.

The fair will offer visitors an in-depth experience of Qatar’s literary and intellectual achievements, cultural heritage, history and diverse arts.

The Qatari pavilion will also display manuscripts and publications from the Qatari Ministry of Culture, and prominent Qatari cultural figures will participate in a diverse and vibrant cultural program.

The book fair this year has expanded too. The theme last year was “An Inspiring Destination” and more than 1,800 publishing houses participated.

The fair is open to the public daily from 11 a.m. to midnight, except on Fridays, when it opens from 2 p.m. to midnight.


Saudi crown prince announces the launch of Riyadh Non-Profit Foundation

Saudi Arabia’s Crown Prince Mohammed bin Salman. (File/SPA)
Saudi Arabia’s Crown Prince Mohammed bin Salman. (File/SPA)
Updated 26 September 2024
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Saudi crown prince announces the launch of Riyadh Non-Profit Foundation

Saudi Arabia’s Crown Prince Mohammed bin Salman. (File/SPA)
  • The foundation will be an independent institution and fall under the umbrella of the Royal Commission for Riyadh City
  • Aims to support and develop institutional and social work in all its forms and encourage research, studies and social activities

RIYADH: Saudi Arabia’s Crown Prince Mohammed bin Salman announced the launch of the “Riyadh Non-Profit Foundation” and the formation of its board of directors on Thursday.

The foundation will be an independent institution and fall under the umbrella of the Royal Commission for Riyadh City, Saudi Press Agency reported.

It will be headed by the crown prince. The CEO of the Royal Commission for Riyadh City Ibrahim bin Mohammed Al-Sultan was appointed vice president and secretary-general of its board of governors.

The foundation aims to support and develop institutional and social work in all its forms, encourage research, studies, and social activities, and enhance community contribution to developing non-profit sector programs, SPA said.

It will also aim to consolidate the culture of social work and enhancing its values. The launch of the foundation is a pioneering step toward enhancing social development and innovation in the non-profit sector, SPA added.

The foundation will focus on achieving social development by empowering all segments of society, enhancing social cohesion, and contributing to preserving the identity of the Riyadh community. It will work with government agencies and non-profit institutions to develop job opportunities in the social sector.

The foundation also aims to be a regional and global leader in financing, designing and launching innovative social programs, support healthcare, education, arts and culture, promote a sustainable environment, contribute to improving the quality of life, achieve social development in the Kingdom by building an integrated and interconnected system, and establish research centers and social project incubators.


KSrelief Project clears 1,338 Explosives in Yemen

KSrelief Project clears 1,338 Explosives in Yemen
Updated 26 September 2024
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KSrelief Project clears 1,338 Explosives in Yemen

KSrelief Project clears 1,338 Explosives in Yemen

RIYADH: Saudi's aid agency KSrelief's Masam Project dismantled 1,338 explosives in various governorates of Yemen reported state news agency SPA on Wednesday.

This included three anti-personnel explosives, 35 anti-tank explosives, and 1,300 unexploded ordnances.

Since the project's inception, a total of 462,289 explosives have been cleared.

The Masam project is dedicated to clearing explosives in Yemen.

The Kingdom of Saudi Arabia, through KSrelief, remains committed to ridding Yemeni lands of all explosives.

This ongoing threat has tragically resulted in the loss of lives and caused injuries to innocent children, women, and the elderly.


KSrelief delivers Gaza humanitarian Aid to Jordan

KSrelief delivers Gaza humanitarian Aid to Jordan
Updated 26 September 2024
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KSrelief delivers Gaza humanitarian Aid to Jordan

KSrelief delivers Gaza humanitarian Aid to Jordan

RIYADH: Saudi Arabia’s aid agency KSrelief delivered a new shipment of aid for the Gaza Strip to the Jordanian Hashemite Charity Organization (JHCO) in Amman reported state news agency SPA on Wednsday.

The Jordanian Hashemite Charity Organization (JHCO) in Amman is preparing aid packages to send to Gaza via Jordanian land crossings.

The aid included 10 trucks loaded with 1,280 shelter bags and 3,537 baskets of essential food items, aimed at securing the daily needs of those affected by the crises.