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New Saudi currency will go into circulation on Dec. 26

December 15, 2016

Riyadh, Dec 15: The Kingdom’s newly designed currency will go into circulation on Dec. 26 in denominations of SR500, SR100, SR50, SR10 and SR5 with coins of different values including SR2 and SR1.

currency

The new bills commemorating the era of Custodian of the Two Holy Mosques King Salman represent the sixth issue of Saudi banknotes and coins, which were launched on Tuesday night.

“The new banknotes and coins will be officially circulated by the Saudi Arabian Monetary Authority (SAMA) alongside existing banknotes and coins,” said Ahmed Alkholifey, SAMA governor, while speaking on the occasion of the release of the new legal tender on Tuesday.

Alkholifey said the issuance of the currency represents a bright picture of the economic development realized in different periods of the nation’s history.

The new bills have machine-readable security features to ensure the safety and authenticity of the currency and to safeguard it from forgery.

Alkholifey said that coins will gradually replace paper-based riyals because coin-based riyals have added advantages. In fact, “the life span of coins is estimated between 20 and 25 years compared to 12 to 18 months for paper banknotes based on conditions of their circulation,” said the SAMA chief.

The coin of SR1 has a silver picture of King Salman. On top of the coin, the Hijri year (1438) is written, while in the bottom the Gregorian year 2016 is written. The third coin of 50 halalas have also its value written in English and Arabic. The coin of 25 halalas, like other coins, the title of the king — Custodian of the Two Holy Mosques — is written with Arabic and English pointers for values.

The 10 halala coin has the Kingdom’s emblem above, and the title of Custodian of the Two Mosques is written in Arabic like other coins.

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News Network
April 20,2020

Sharjah, Apr 20: Air Arabia announced on Monday it will operate new repatriation flights from four cities in India to Sharjah carrying UAE nationals back home.

The special flights will operate from Mumbai and Delhi to Sharjah International Airport on April 20 while special flights will operate from Kochi and Hyderabad to Sharjah International Airport on April 22.

Air Arabia remains committed to bring stranded citizens back home as well as supporting requests to operate repatriation flights and is working closely with UAE authorities in this regard, the airline said.

Air Arabia announced earlier that it’s operating a mix of repatriation flights as well as cargo flights during the month of April to multiple destinations.

Further information about the repatriation and cargo flights is available on the website or can be obtained by contacting the Air Arabia call centre on 06 5580000 or respective travel agent.

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Agencies
April 2,2020

Ankara, Apr 2: Saudi Arabia on Thursday declared a 24-hour lockdown in all parts of Makkah and Medina cities as part of measures to stem the spread of the coronavirus.

"The 24-hour curfew will be imposed in all parts of the cities of Makkah and Medina, with a ban on entry and exit from both cities," the Saudi Interior Ministry said on Twitter.

The lockdown starts from Thursday “until further notice.”

All commercial activities inside the residential neighborhoods of the two cities were also prohibited, except for pharmacies, food products stores, gas stations and banking services, the ministry said.

After first appearing in Wuhan, China last December, the virus has spread to at least 180 countries and regions, according to U.S.-based Johns Hopkins University.

Its data shows the number of confirmed cases worldwide have surpassed 962,900, with the death toll over 49,100 and more than 202,700 recoveries.

Anadolu Agency website contains only a portion of the news stories offered to subscribers in the AA News Broadcasting System (HAS), and in summarized form. Please contact us for subscription options.
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News Network
January 10,2020

Dubai, Jan 10: Iran denied on Thursday that a Ukrainian airliner that crashed near Tehran had been hit by a missile, Iranian government spokesman Ali Rabiei said in a statement, according to state TV.

"All these reports are a psychological warfare against Iran. All those countries whose citizens were aboard the plane can send representatives and we urge Boeing to send its representative to join the process of investigating the black box".

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