Saudi Public Prosecution seizes $7.46m on money laundering, cover-up
Saudi Public Prosecution seized more than $7.46 million after an institution’s founder and an employee were convicted of commercial cover-up and money laundering
The two people were also sentenced to nine-year imprisonment, local media reported
Updated 13 December 2020
Argaam
The Saudi Public Prosecution seized more than $7.46 million after an institution’s founder and an employee were convicted of commercial cover-up and money laundering by Jeddah’s Penal Court.
The two people were also sentenced to nine-year imprisonment, local media reported, citing a source familiar with the matter at the Public Prosecution.
The sentence came after a complaint was filed by a local bank to the Saudi Arabia Financial Investigation Unit (SAFIU) about suspected money laundering by the bank account holder.
Investigations into the claim proved that the corporation owner and one employee were accused of money laundering and commercial concealment, the source added.
Jeddah’s King Abdulaziz International Airport reaches record 50 million passengers in 2025
New milestone marks the highest number ever recorded by a Saudi airport
Lucky 50-millionth passenger was a French national arriving from Paris on a Saudia flight
Updated 15 December 2025
Arab News
JEDDAH: King Abdulaziz International Airport in Jeddah recorded a new historic milestone on Sunday with the arrival of the 50-millionth passenger for year 2025.
The 50 million milestone marks the highest number ever recorded by a Saudi airport since the launch of civil aviation in the Kingdom, the Saudi Press Agency (SPA) reported.
It also placed KAIA among the world’s mega airports in terms of passenger numbers. The figure represents a 1.83 percent growth from 49.1 million passenger arrival recorded in 2024.
“This achievement reflects the qualitative transformation at KAIA and its growing status as a regional hub and national gateway connecting the Kingdom to the world,” the report said.
The lucky 50-millionth passenger was a French national arriving from Paris on a Saudia flight to participate in a sports tournament hosted in Jeddah. (SPA)
It also underscores the airport’s vital role in enhancing the Kingdom’s position as a global tourist destination and a gateway to the Two Holy Mosques by facilitating the movement of visitors, Umrah performers, and pilgrims.
KAIA serves as a gateway to the holy cities of Makkah and Madinah by facilitating the movement of visitors, Umrah performers, and pilgrims.
The lucky 50-millionth passenger was a French national arriving from Paris on a Saudia flight to participate in a sports tournament hosted in Jeddah.
She was welcomed by JEDCO’s leadership, who greeted her and presented a commemorative gift to mark the occasion.
JEDCO Chief Executive Officer Mazen Johar said that reaching 50 million passengers reflects the airport’s high operational readiness and marks a pivotal milestone in preparations to double this figure in the coming years.
