Saudi customs seize $24 million illegal cash since early 2020

A Saudi money exchanger wears gloves as he counts Saudi riyal currency at a currency exchange shop in Riyadh, Saudi Arabia. (REUTERS file photo)
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Updated 20 June 2021
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Saudi customs seize $24 million illegal cash since early 2020

  • Travelers arriving or departing from the Kingdom who are carrying coins, jewelry or any precious metals worth SR60,000 or more, or its equivalent in foreign currencies, must declare

JEDDAH: Saudi Arabia’s Zakat, Tax and Customs Authority (GAZT) prevented the smuggling of more than 290 kilograms of gold jewelry and almost SR90 million ($24 million) in cash from crossing out of the Kingdom over the span of 18 months since the beginning of 2020.
As part of efforts to combat smuggling through its facilities in Saudi Arabia, GAZT officers were able to foil an attempt on Friday to smuggle SR2.76 million in cash hidden inside a truck leaving through the Al-Batha Border Port.
GAZT officials said that the money was “stashed in the cavity of the rear axles of the truck,” adding that legal measures were taken against the smuggler.
In another smuggling operation foiled on May 27, inspectors were alerted to a suspicious female passenger arriving at Jeddah’s King Abdul Aziz International Airport. She was found to have ingested 60 capsules, or 683.5 grams of cocaine. Similarly, a male passenger had ingested 80 capsules, containing 918.5 grams of cocaine.

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Travelers arriving or departing from the Kingdom who are carrying coins, jewelry or any precious metals worth SR60,000 or more, or its equivalent in foreign currencies, must declare the items electronically through the GAZT application or website.

Travelers arriving or departing from the Kingdom who are carrying coins, jewelry or any precious metals worth SR60,000 or more, or its equivalent in foreign currencies, must declare the items electronically through the GAZT application or website by filling out the designated form electronically, and submitting the reference number to customs authorities upon departure or arrival.
GAZT said that in the event of a false or nondeclaration, a fine of 25 percent of the value of the seized items will be imposed.
If a violation is repeated, a fine of 50 percent of the value of the seized items will be handed down. This is applicable only if there is no suspicion of the incident being linked to a predicate crime or money laundering crime, but should there be any suspicion, the entire amount shall be withheld and the violator shall be referred to The Kingdom’s Public Prosecution.


Saudi Arabia announces new financial support to the Yemeni government

Updated 16 January 2026
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Saudi Arabia announces new financial support to the Yemeni government

RIYADH: Saudi Ambassador to Yemen and Supervisor of the Saudi Program for the Development and Reconstruction of Yemen Mohammed Al-Jaber announced that the Kingdom, under the directives of its leadership, has provided new support to the Yemeni government's budget, aimed at paying the salaries of state employees in all sectors.

In a post on X, Al-Jaber stated that this support complements a package of development projects and initiatives, amounting to SR1.9 billion, announced on Wednesday. The package includes provision of necessary petroleum derivatives to operate power plants, which will contribute to improving the living standards of people in Yemen and alleviating daily burdens on them.

Al-Jaber’s post emphasized, in particular, that all salaries of military and security forces linked to the the higher military committee linked to the Saudi led Coalition will be paid as of Sunday. 

 

The post is likely relate to Several Media reports which have suggested that disgraced former Southern Transitional Council (STC) chief Aidaroos Al Zubaidi — who has now fled Yemen — was taking advantage of military personnel and withholding salaries as means of pressure. Al-Zubaidi is wanted by the Yemeni government for acts of high treason and corruption. 

The ambassador emphasized that these steps come within the framework of supporting the Yemeni government's efforts to implement the economic reform program, which aims to achieve financial and economic stability and enhance the state's ability to meet its basic obligations.