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Doing Business In Saudi Arabia - Bna

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Work Week:<br />

a. U.S. Embassy: 08:00 - 17:00 Sat. thru Wed.<br />

b. Government: 08:00 - 14:30 Sat. thru Wed.<br />

c. Banks: 09:00 - 17:00 Sat. thru Wed.<br />

d. <strong>Business</strong>es: 08:00 - 12:00 and<br />

16:00 - 20:00 Sat. thru Wed.<br />

08:00 - 13:00 Thursdays.<br />

There are two Islamic religious holidays during which most businesses close for at<br />

least three working days and all Government offices close for a longer period. During<br />

these holidays, it is very difficult to make contacts or transact business.<br />

The Eid al-Fitr holiday occurs at the end of the holy month of Ramadan (month of<br />

fasting). Eid al-Adha celebrates the time of year when pilgrims arrive from around the<br />

world to perform the Hajj. Their timing is governed by the Islamic lunar calendar. The<br />

next Eid al-Fitr holiday will begin on or about September 29, 2008 and the next Eid al-<br />

Adha holiday on or about December 8, 2008. The <strong>Saudi</strong> national day is celebrated<br />

September 23.<br />

<strong>Business</strong> travel to <strong>Saudi</strong> <strong>Arabia</strong> during the holy month of Ramadan is best avoided.<br />

During Ramadan, Muslims abstain from food and drink during daylight hours. Office<br />

hours are shortened and shifted to the evening, and people may be affected by the<br />

fasting and customary late night social gatherings. During Ramadan business<br />

travelers should not drink, eat, or smoke in public during daylight or in the presence of<br />

fasting Muslims. Hotels offer special daytime food services for their non-Muslim<br />

guests. Ramadan will start on or about September 1, 2008 and end on or about<br />

September 30, 2008.<br />

Temporary Entry of Materials and Personal Belongings Return to top<br />

For temporary entry of goods for promotional purposes, importers need an invoice with<br />

the value of the goods endorsed by the local Chamber of Commerce or the U.S.-<strong>Saudi</strong><br />

<strong>Business</strong> Council, and a certificate of origin also to be authenticated by one of the<br />

afore-mentioned entities. The invoice should state that the goods are being imported<br />

for exhibition purposes only and will be re-exported.<br />

<strong>Saudi</strong> Customs requires a deposit for these goods (equivalent to the applicable tariff<br />

rate on the total value of the goods). This deposit is refundable when the exhibition is<br />

over and upon showing a document that the owner of the equipment officially<br />

participated in a trade show. Additionally, the customs authorities will collect handling<br />

charges. Reimbursement takes between two to four weeks. If the goods are meant<br />

for demonstration purposes to a Government entity, a letter from that entity is required<br />

indicating the nature and purpose of the goods.<br />

Web Resources Return to top<br />

5/13/2008

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