RIYADH: The Zakat, Tax and Customs Authority at Al-Haditha port has thwarted five attempts to smuggle a total of 1,491,859 Captagon pills, which were found hidden in vehicles transitting the port.
The authority said that sniffer dogs were used to examine vehicles at customs. It said that 774,418 pills were found hidden in the floor cavity of a private vehicle and in its fuel tank, 272,093 pills were discovered in several hiding places in a truck, while 269,767 pills were uncovered in another truck.
The fourth smuggling attempt was foiled when 134,884 Captagon pills were found hidden in the floor of a truck, while the final effort was thwarted when sniffer dogs picked up the scent of 40,697 pills hidden in the transmission cooler of another truck.
The authority noted that two individuals — the recipients of the vehicles — were arrested in coordination with the General Directorate of Narcotics Control.
Authorities have urged anyone with information related to suspected smuggling operations or customs violations to call the security reports line on 1910, email [email protected], or phone the international number 00966114208417.
Saudi authorities foil massive drug smuggling attempts
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Saudi authorities foil massive drug smuggling attempts
- The fourth smuggling attempt was foiled when 134,884 Captagon pills were found hidden in the floor of a truck
Economic growth and resilience at heart of 2nd AlUla Emerging Market Economies Conference
- Event on Feb. 8 and 9 will bring together ministers, governors of central banks, policymakers, economic experts and international financial institutions
- Emerging-market economies a ‘pivotal element’ in global economic system due to effect they have on growth and stability, says Saudi Finance Minister Mohammed Al-Jadaan
RIYADH: The second annual AlUla Conference for Emerging Market Economies, which Saudi Arabia will host next week, offers a platform to exchange views on global developments and discuss policies and reforms that support inclusive growth and strengthen economic resilience, the Kingdom’s finance minister said.
The event on Feb. 8 and 9 will bring together finance ministers, governors of central banks and policymakers, alongside economic experts and representatives of international financial institutions.
Organized by the Saudi Ministry of Finance in partnership with the International Monetary Fund, it takes place as emerging-market economies face mounting challenges amid rapid global economic change.
Finance Minister Mohammed Al-Jadaan said the decision to host the conference reflects Saudi Arabia’s ongoing commitment to efforts that support global financial and economic stability, and highlights the growing influence of emerging economies on worldwide growth.
Emerging-market economies represent a “pivotal element” in the global economic system due to the direct impact they have on economic growth and stability, he added.
“The AlUla Conference for Emerging Market Economies provides a unique platform for exchanging views on global economic developments, and discussing policies and reforms that will support inclusive growth and enhance economic resilience, in light of broader international cooperation that contributes to confronting common challenges,” Al-Jadaan said.
Kristalina Georgieva, managing director of the IMF, said the event would help emerging economies deal with growing uncertainty driven by technological change, demographic shifts and geopolitical tensions.
“The AlUla conference provides a vital platform for emerging economies to discuss how they can navigate the risks and embrace the opportunities ahead,” she said.
“In these times of sweeping transformations in the global economy, policymakers face a more challenging and uncertain environment. Countries should work together to strengthen resilience through sound macroeconomic and financial policies.”
