Saudi Postal approves 300 percent increase in some of its services fees

The Saudi Postal Service Organization has approved a 300 percent increase in some of its services’ fees, Al-Youm newspaper reported. The mailbox charges increased to SR300 per year for individuals and SR1,000 for private institutions. In the past, customers used to rent a mailbox for SR300 for three years. These new charges will be effective on the first day of the month of Rajab (Aug.7). The new charges will help in reducing the SR200 million deficits of the SPSO and to increase its income.