Foreign remittances of expats have risen to SR383.6 billion since the introduction of the Nitaqat nationalization program in 2011. Abdul Hameed Al-Omari, a member of the Saudi Economic Association, revealed this on Saturday.
This marks a 57.8 percent jump in foreign transfers compared to the previous 10 years, he said. “Expats should not be blamed for these transfers as it is their right.”
He added: “If we want to blame someone for the danger it has posed to the economy, it should be government departments, especially the Labor Ministry and big companies.”
He pointed out: “This indicates the ministry’s program was increasing per capita foreign transfers from SR9,200 per month in 2011 to SR10,437 in 2012 and SR12,330 in 2013.”
Al-Omari said the ministry’s efforts to discourage expats to bring families would increase foreign remittances further and reduce their spending in the Kingdom.
Meanwhile, personal foreign remittances of Saudis and expats reached SR226.6 billion in 2013, the highest in 20 years, a local Arabic business daily reported, saying the amount was 16.5 percent more than the figure of 2012, when it was SR194.5 billion.
The report said foreign remittances of expats rose by 18 percent in 2013 to SR148 billion against SR125.2 billion in 2012. The hike coincides with an increase in Saudi imports, which amounted to SR841 billion in 2013 against SR807 billion in 2012, registering a 4 percent rise.
“Foreign remittances of non-Saudis for travel purposes decreased 74 percent to SR386 million against SR1.5 billion in 2012,” said the report.
Nitaqat ‘fails’ to curb remittances
Nitaqat ‘fails’ to curb remittances
Digital authority launches campaign to combat online misinformation
- Digital Cooperation Organization warns false information is a national security threat
- Saudi minister says trust, technology and talent are key to an inclusive digital future
KUWAIT CITY: During its fifth General Assembly meeting in Kuwait City on Wednesday, the Digital Cooperation Organization launched a campaign to tackle online misinformation, which 80 percent of surveyed government experts now rank as a primary threat to national security.
“Misinformation is not an abstract concern; it puts at risk the social cohesion that holds our communities together,” said Omar Saud Al-Omar, Kuwait’s minister of state for communication affairs and chairperson of the DCO Council for the current term.
He said more than 80 percent of government-identified misinformation is considered a top risk to national security.
Al-Omar emphasized the pivotal importance of joint efforts in combating misinformation. “We prioritized online content integrity as our flagship initiative.”
“During our presidency, the DCO activated the Ministerial Committee on Online Misinformation, which Kuwait has the honor to chair,” said Al-Omar.
“Today marks an exciting milestone: the launch of the DCO campaign to combat online misinformation, creating a platform for countries and partners to step forward with concrete pledges and shared commitments.”
He also highlighted the campaign’s importance for advancing the multilateral digital agenda.
Saudi Arabia’s Communications and Information Technology Minister Abdullah Al-Swaha highlighted the importance of combating misinformation, stating that “the top five risks for the global workforce is misinformation.”
He emphasized the need to strengthen international cooperation to build an inclusive digital future based on trust, talent empowerment, and the effective use of advanced technologies, foremost among them artificial intelligence.
Al-Swaha commended Kuwait for its leadership during its presidency of the DCO.
He cited several impactful initiatives, including efforts to combat misinformation, promote trusted cross-border data flows, and launch a responsible AI framework — collectively enhancing global trust in the digital ecosystem.
He also noted the growing impact of the DCO, whose member states represent about 10 percent of the world’s population and contribute nearly $3.6 trillion to the planet’s economy, while achieving growth rates exceeding the global average.
The minister also highlighted advances in digital talent across DCO member states, which collectively include more than 2 million technology professionals and, in recent years, have contributed to the emergence of 16 unicorn companies and a range of successful entrepreneurial models.
Addressing national achievements, Al-Swaha said the Kingdom has achieved significant milestones in the digital economy in recent years.
He said this includes the region’s first Nobel Prize awarded for an AI-enabled breakthrough in chemistry, as well as the participation of the first Arab-Muslim woman in a mission to the International Space Station to conduct advanced medical research.
He concluded by underscoring the importance of continued investment in infrastructure in the intelligent age, and of strengthening international partnerships to achieve sustainable growth that serves humanity and the global economy.
Bridging the digital divide and the use of AI were discussed in detail during the meeting with the DCO’s Secretary-General Deemah Al-Yahya underlining the organization’s core mission and its evolution over the past five years.
Al-Yahya said: “Five years ago, the DCO was born from a simple but powerful conviction: that the digital economy is too important to be shaped by a few, and too critical to be left to chance.”
She called for “urgency and coordination” to bridge the digital divide.
“Today, the gains from digital transformation remain uneven. Infrastructure is concentrated, capital flows to the few, skills are scarce only for a few, and where it’s needed the most. If we do not act with urgency and coordination, the divide will not close … it will deepen.”
Al-Yahya added: “This is the challenge that defines us. Let us make this general assembly a turning point, not only in the history of this organization, but in the lives of the people we serve.
“And it must be built deliberately and inclusively. At a time when multilateralism itself is being tested, the DCO stands as a platform of trust and dialogue, offering a practical model for how countries can work together to shape a more balanced, resilient, and inclusive future.”
She underlined that through the general assembly, the “founding conviction has become a coalition.”
There were now 16 member states, more than 60 observers “and a growing ecosystem of governments, institutions, and innovators working side by side. But more important than numbers is what we have built together: trust.”
“We convene this fifth general assembly under the theme: ‘Digital Prosperity in the Age of AI.’ Never has this theme been more urgent,” Al-Yahya said.
She highlighted that AI was already reshaping industries, redefining labor markets, and transforming how governments serve their citizens.
Al-Yahya said the question at hand was not whether AI would change societies — “it’s already changing it.”
“The real question is: who will benefit?”
Also participating in the event was Shaza Fatima Khawaj, Pakistan’s minister of information and technology and telecommunications, who shared her mission to bridge the digital divide.
She commended the DCO’s efforts in this regard, and praised its role in “promoting trust, innovation and inclusion,” while underlining Pakistan’s readiness to assume the presidency of the general assembly in 2027.
The annual assembly is a major gathering for the DCO, bringing together the full digital ecosystem — including ministers from member states, observers, partners, policymakers, CEOs, innovators, and representatives from more than 60 countries — to help shape the global digital agenda.









