Breaking News

Haramain Train to Travel at 300 KM/h

Harmain Train which is also know as Mecca–Medina high-speed railway is to start it commercial operation from 24 September 2018 according to sources*.

Electric Train track is 453 kilometer long which links the Madina and Makkah through King Abdullah Ecconomic City and King Abdulaziz International Airport Jeddah.

800px-Karte_Bahnstrecke_Medina–Mekka

Although the electric train can travel on 320 KM/h but when in service it will be travelling at 300 KM/h, will take around half an hour from Jeddah to Makkah and around two hours from Jeddah to Madina, with siting capacity of 417 passenger per train and total trains are 35 at the moment.

According to Arab News*, Railway is to carry 60 million passengers a year including 3 to 4 million hujj and ummra pilgrims and it will reduce the traffic between the holy cities.

Project is estimated to be total value of US$9.4 Billion.

*Sources : Saudi Gazatte

Arab News

Haramain_high-speed_rail_project

Breaking News, VAT

Remittance Tax In Saudi Arabia? Is It True?

About 10 Millions expat work in Saudi Arabia and sent $38 billion in 2017, there is not tax on remittance although bank may charge you fee for sending money to your home country.

Recommended For You: What is Tayseer (Facilitation) Program, Pay Fixed Electricity Bill

There were some news circulating on media about Remittance Tax in Saudi Arabia, every one wants to know if this is true?

According to Ministry of Finance the Remittance Tax news which is not true.

Also see : How to Subscribe or UnSubsribe to Tayseer (Facilitation) Program of Saudi Electricity Company

“Referring to what has been circulated by some media about the proposal to impose fees on remittance by foreign workers, the Ministry of Finance categorically denies this and affirms the commitment to support the free movement of capital through official channels in accordance with the best international standards and practices,” the ministry said in a statement carried by the Saudi Press Agency.

Take a Look: How to Cancel Tayseer Program Saudi Electricity

The news was initially published on:

Arab News

Saudi Gazette