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JEDDAH: The new amendments to visa fees, which were approved during Cabinet’s session on Monday, are expected to increase the levels of economic activities in the country and boost the efficiency of the private sector, according to some economists. They spoke to Arab News welcoming the Kingdom’s latest move. Such steps fall within Saudi Arabia’s efforts to diversify its economy, away from the oil-based industry, they said. John Sfakianakis, director of economic research at the Gulf Research Center, commented: “The measures are intended to help raise much needed non-oil revenues. Traffic fines for violators should be welcomed as this creates more safety and discipline and then numbers should eventually reflect it. Businesses will have to pay an extra cost for travel as per global fee structures. The fee comes from a relatively low base and remains competitive.” Sami A. Al-Nwaisir, chairman of Al-Sami Holding Group, said: “The fees and taxes are good for government. I think th...