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Why do our shops reject payment by credit cards?
Al-MadinaIN a growing phenomenon, a large number of shops are categorically refusing to accept credit cards as a method of payment and ask consumers to pay in cash or through mada-linked debit cards.I asked a sales clerk in one of the shops why he was refusing to accept credit cards such as Visa, Master Card or others? He told me that his uncle, who is the shop owner, had given the workers clear instructions not to accept credit cards for payment.It seems that this uncle and other uncles are justifying their refusal to accept credit cards by the stance of the Saudi Arabian Monetary Authority (SAMA), which said shops are not obliged by law to accept credit cards as a means of payment.SAMA has said there will not be any punishment on shops that refuse to accept the credit cards for...
April 22, 2019

Why do our shops reject payment by credit cards?

Mohamed Salah
We need more people like Mohamed Salah
Gracing the cover of Time is a considerable feat. Landing in the venerable magazine for being one of the world’s 100 most influential people is an accomplishment like few others. And being an Arab and a Muslim achieving this feat is an honor that should make the people who share this faith and ethnicity immensely proud. It is a triumph not just of football star Mohamed Salah but of all people of the region.Salah made it on the cover of Time largely because of his prowess on the field. His global popularity surged last year when he enjoyed a breakthrough season with Liverpool, scoring 44 goals in the 2017-18 campaign and helping the English Premier League side reach the Champions League final. While goals haven’t flowed as freely for the Egyptian this campaign, the 26-year-old is still...
April 21, 2019

We need more people like Mohamed Salah

SR800 for a medical consultation?
Al-MadinaI LOGGED into a website that contains a database of Saudi and expatriate doctors practicing in Saudi Arabia. Patients can make appointments for consultation with any of them at the hospitals they work or their private clinics.Then I noticed that the examination fees for Saudi doctors starts from SR400-SR500 and it reaches as high as SR800 per patient.(This is the fee for doctors with common specializations and the fees for those in rare branches of medicine could be much higher.)These examinations take a maximum of 10 minutes and in most cases they end in a couple of minutes, which include the paperwork that the doctors need to complete.On the other hand, I found that the fees that expatriate doctors charge are very are reasonable. They range from SR100 to SR200 and rarely reach...
April 21, 2019

SR800 for a medical consultation?

Does 'Rocket Man’s' little rocket matter?
PRESIDENT Donald Trump was always contemptuous of the Obama nuclear deal with Iran. The Iranian negotiators ran rings around John Kerry, Obama’s dull secretary of state. The Europeans, eager to profit from lifting sanctions, nodded through an agreement that in fact did little to stop Tehran’s nuclear plans. Even more outrageously, in his eagerness for at least one foreign policy triumph in his two-term presidency, Obama threw aside support for his allies and did not seek to halt Iran’s violent and devastating interference in the Arab World.Donald Trump’s rambling and repetitive “Art of the Deal” may not be one of the greatest business books ever written but it certainly makes clear the ruthlessness that characterized the president’s corporate career. He maintained a key...
April 18, 2019

Does 'Rocket Man’s' little rocket matter?

Turkey defies Washington
As feared by many moderate Turks, the fix is going in. Last week the country’s Supreme Electoral Council ruled that six pro-Kurdish mayors from the Kurdish People’s Democratic Party (HDP) elected last month cannot take office. Their jobs are going to President Recep Tayyip Erdogan’s Justice and Development Party (AKP). On Tuesday the AKP submitted a formal demand for a rerun of the Istanbul election, which it lost narrowly to the opposition Republican People’s Party (CHP). But the AKP’s humiliating loss of the capital Ankara was so overwhelming that it will take very creative thinking and constitutional fixing to overturn it.Meanwhile, a Turkish delegation in Washington has demanded that the Trump administration waive economic and defense sanctions over the imminent delivery of...
April 18, 2019

Turkey defies Washington

Abdulrahman Saleh Alotaibi
You can be the employer of choice
KNOWING the importance of attracting and retaining talent, employers like to think of themselves as the employer of choice, or at least they aspire to this status. Some organizations compete for best employer awards and some demonstrate their commitment by appointing Employee Happiness Specialists. “Our organization fosters your growth”; “We help you achieve work-life balance”’ “We care about your development” are some of the statements that organizations advertise as part of their employer branding to attract talent. However, staying true to such statements requires additional effort.There is a simple relationship between the employer and the employee that can be understood in the economic sense of paying wages in exchange for service. The value of these wages should be...
April 18, 2019

You can be the employer of choice

Abdo Khal
An infested market
OkazIN recent weeks, inspection teams from the Ministry of Commerce and Investment seized more than 7 million fake products that were not good for human use.These products were on its way to the market at a time when the consumers are preparing to welcome the holy month of Ramadan. They contained food products, cleaning products, car tires and imitation brands. They were being distributed to markets all over the Kingdom.Can you imagine the effects of 7 million fake products flooding the local market? These were only a few items. What about the food we consume and the water we drink?We are in a situation where we cannot differentiate between what is good for use and what is not. This is a major problem that needs to be fixed through continuous monitoring.Yes, our market is wide open and...
April 18, 2019

An infested market

Benefits of Tayseer for the private sector
Minister of Commerce and Investment Dr. Majed Al-Qasabi, who is also chairman of the Executive Committee for Improving the Performance of the Private Sector (Tayseer), sent a cable to the chairman of the Council of Saudi Chambers, according to a report published recently by Okaz newspaper. The cable is related to the decision of this business committee to implement 31 initiatives aimed at facilitating the establishment of businesses and obtaining licenses for them to operate in eight sectors. In his telegram, the minister asked the national committees and chambers of commerce to carry out experimental implementation of the amended procedures and licenses and to present their observations to the ministry within a month.In the health sector, the committee canceled the requirement to achieve...
April 17, 2019

Benefits of Tayseer for the private sector

The requests of readers
One of the joys of being a columnist is the feedback one receives following the publication of his or her piece. Mind you, it is not always flattering and can occasionally be threatening, but in any case, these letters make for interesting reading. Then there are requests to publish the reader’s concerns regarding an issue that is bothering them.One such email is from Mohamed who kindly requests that I write an article about dependent fees. He wants to know whether the fees imposed on expatriate dependents will continue or cease after 2020 and requests that I put forth this question to those behind the law. He adds: “Because we have paid a huge amount of dependent tax for the years 2017, 2018 and 2019, I now need to know whether this shall continue or stop in 2020. Accordingly, we...
April 17, 2019

The requests of readers

Few executives pay the price of failure
Unless they are self-employed, the majority of people spend their working lives in organizations that are often run by distant bosses. In recent years in North America and Europe, the pay gap between the ordinary salaried worker and leading executives has widen substantially as top managers are awarded remuneration packages, including bonuses and share options that border on the outrageous.The justification for such massive financial awards is that corporate leaders with their large offices up in mahogany row at the top of head office buildings carry immense responsibilities on their shoulders. In the world of joint-stock companies their job is to drive ever-greater profits in return for these generous rewards by shareholders. This laudable model is, however, becoming increasingly...
April 17, 2019

Few executives pay the price of failure

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