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Tourism Development Fund signs MoU with Dan Company for Saudi Arabia agritourism projects
The Tourism Development Fund has signed a memorandum of understanding with Dan Company, a subsidiary of Saudi Arabia’s sovereign wealth fund Public Investment Fund, to support investments in the Kingdom’s agritourism sector.
Saudi Cabinet approves new railway law
Saudi Arabia’s Cabinet approved on Tuesday new regulations that govern the railways in the Kingdom.
Deal signed to document heritage of Saudi nature reserve
The Imam Turki bin Abdullah Royal Nature Reserve Development Authority signed a memorandum of understanding with the King Abdulaziz Foundation for Research and Archives to document the heritage of the reserve, the Saudi Press Agency reported on Tuesday.
Kuwait to hold polls April 4
The Cabinet decided on Tuesday to hold snap parliamentary elections on April 4, which coincides with the last 10 days of the holy fasting month of Ramadan, government spokesman Amer Al-Ajmi said.
UAE, Peru announce free trade talks
The UAE and Peru have announced that they will start talks for a free trade agreement later this year.
Malaysia to seal free trade deal with UAE by June, minister says
Malaysia expects to conclude a free trade agreement with the UAE by the end of June, the country’s trade minister said, adding the deal could boost investment in Malaysia by the Gulf state’s sovereign wealth funds.
Aramco signs procurement agreements worth $6bn to enhance local supply chain
Saudi Aramco’s domestic supply chain is poised for further improvement as it signed procurement agreements worth $6 billion with suppliers in the Kingdom.
UAE: How many domestic helpers can Golden Visa holder sponsor
Question: I am a Golden Visa holder in Dubai and have a couple of domestic workers. Recent amendments stated that long-term residency holders can sponsor unlimited domestic workers. What does this mean? Please explain.
Dubai: What residents can do when neighbours violate privacy, create nuisance
My neighbour has built a cricket net practice area in his backyard, very close to the shared boundary wall. He has built a professional cricket pitch, installed net and flood lights, and uses a heavy roller and ball machine.
Kingdom arrests 19,431 illegals in one week
Saudi authorities arrested 19,431 people in one week for breaching residency, work and border security regulations, the Saudi Press Agency reported on Saturday.
Saudi Fund for Development, Tunisia sign $55m loan agreement to support transport sector
Saudi Fund for Development CEO Sultan bin Abdulrahman Al-Marshad signed a soft loan agreement worth $55 million with Tunisian Minister of Economy and Planning Feryel Ouerghi. The loan will finance the renewal and development of the railway network for phosphate transportation in Tunisia.
UAE and Kenya finalize terms of Comprehensive Economic Partnership Agreement
The UAE and Kenya have concluded negotiations on a trade deal that will boost investment flows in logistics, healthcare, and travel and tourism between the two countries.
Al Akaria inks deal with Marriott to introduce Autograph hotel brand in Riyadh
Riyadh is set to welcome a new 280-key luxury hotel following an agreement signed by Saudi Real Estate Co., also known as Al Akaria.
Saudi-Egyptian alliance to execute real estate projects worth $1bn in the Kingdom
Real estate projects worth $1 billion will be developed in Saudi Arabia after the Kingdom signed an agreement with the Egyptian government.
National Housing Co. signs contracts worth $533m to build 3,800 residential units in Saudi Arabia
The National Housing Co. will build a total of 3,800 homes after signing six partnership agreements worth SR2 billion ($533 million).
Saudi small businesses granted 3-year extended time to pay financial fees
Saudi small businesses with less than nine workers will now have an extended three years to pay their financial fees, thanks to a decision approved by the Cabinet.
Saudi investment ministry signs deal with French CMA CGM Group focused on transport, sustainability
Sustainable investments in Saudi Arabia’s transportation and logistics services sector will see a boost after the Ministry of Investment inked an agreement with a leading French shipping firm.
Saudi Arabia inks 6 MoUs to enhance education, investment, and sustainability
Saudi Arabia is set to enhance its education, investment, securities trading, and sustainability landscape with the signing of six agreements, aligning with Vision 2030 goals.
Kingdom, France forge closer bonds in security and economic cooperation
French Interior Minister Gerald Darmanin undertook an official visit to Saudi Arabia from Feb. 14 to 16, following an invitation from his Saudi counterpart, Prince Abdulaziz bin Saud bin Naif.
UAE: Short of cash? These banks offer 'rent in advance' to tenants
For UAE residents, rents are one of the biggest costs that they bear every month. For some of the residents, it accounts for the highest expense of their monthly or yearly budgets.
Dawi and Al Seef Hospital sign deal to provide advanced health services
In a move to enhance the level of healthcare services in Kuwait, Dawi, the first and largest digital medical platform in Kuwait, announced the signing of a strategic cooperation agreement with Al Seef Hospital.
UAE: New law encourages public-private partnerships
A new law issued in the UAE regulates public-private partnerships. In addition to setting the general framework for partnerships between federal government entities and the private sector, the law encourages companies to participate in developmental and strategic projects; and increase investment in federal government projects of "social and economic value".
Saudi Arabia signs international coffee agreement
Saudi Arabia signed the International Coffee Agreement 2022 at the International Coffee Organization’s headquarters in London on Tuesday.
Saudi wildlife center, ocean regeneration initiative deal aims to protect marine, coastal environment
Saudi wildlife chiefs have signed an agreement to expand links with an ocean regeneration initiative aimed at protecting marine biodiversity and the coastal environment.
Saudi Arabia sets conditions for 30-year tax exemption for MNCs with regional HQs in Riyadh
Saudi Arabia has officially gazetted the terms and conditions of a law enabling multinational companies to qualify for a 30-year income tax exemption upon relocating their regional headquarters to the Kingdom.
Saudi Arabia signs $55m loan deal to help protect schools in Turkiye from earthquakes
Saudi Arabia on Friday agreed to provide $55 million in funding for a project to protect five public schools in Turkiye by mitigating the risks posed by earthquakes.
Zain signs strategic partnership with ktech
Zain signed a strategic partnership with the Kuwait Technical College (ktech) to support student, academic, cultural, and sports activities held throughout the current academic year. The step affirms the company’s ongoing support to education and youth empowerment in the local community.
NBK and Zain sign MoU with KFAS to launch digital program to empower Kuwaiti youth
National Bank of Kuwait (NBK) and Mobile Telecommunications Company – Zain Kuwait have signed a Memorandum of Understanding (MOU) with the Kuwait Foundation for the Advancement of Sciences (KFAS), with the goal of initiating a training program designed to develop and empower young national talent.
Dubai: Can passengers claim compensation for flight delays?
I travelled from Dubai to Maldives on a local carrier for vacation with my family.
Egypt, Brazil sign deals on meat exports, science and tech cooperation
During his official visit to Cairo on Thursday, Brazilian President Lula da Silva witnessed the signing of two key agreements with the Egyptian government. President Abdel Fattah El-Sisi also attended the signing ceremony.
Saudi Arabia, Oman to boost collaboration in civil aviation
Collaboration efforts between Saudi Arabia and Oman’s civil aviation sectors are on course to boom as the two countries discuss areas of cooperation.
Saudi Arabia, Georgia sign deals to boost economic cooperation
Bilateral trade relations between Saudi Arabia and Georgia received a boost with the signing of four agreements focusing on industry, energy, and culture during a business forum in Tbilisi.
Saudi Arabia signs $55m loan deal to help protect schools in Turkiye from earthquakes
Saudi Arabia on Friday agreed to provide $55 million in funding for a project to protect five public schools in Turkiye by mitigating the risks posed by earthquakes.
Saudi minister, UK secretary of state for culture discuss cooperation
Saudi Culture Minister Prince Badr bin Abdullah bin Farhan met Lucy Frazer, UK secretary of state for culture, media and sport, during an official visit to the UK, the Saudi Press Agency reported on Thursday.
Saudi and French ministers discuss increased security cooperation
The Saudi minister of interior, Prince Abdulaziz bin Saud bin Naif, and his French counterpart Gerald Darmanin discussed the expansion of security cooperation between their countries during a meeting in Riyadh on Thursday.
Kuwait, Japan boost ties
The Embassy of Japan held a reception on Wednesday on the occasion of the birthday of the Emperor of Japan at Regency Hotel. Kuwaiti Deputy Foreign Minister Sheikh Jarrah Jaber Al-Ahmad Al-Sabah as the guest of honor.
Cenomi Centers secures $1.39bn Shariah-compliant, sustainability-linked financing
Saudi Arabia’s lifestyle and leisure sectors have been infused with SR5.25 billion ($1.39 billion) after mall operator Cenomi Centers secured financing for the “next generation” of retail experiences.
Saudi Public Prosecution approves establishment of intellectual property body
Saudi Arabia’s Public Prosecution has approved the establishment of the Intellectual Property Prosecution, the Saudi Press Agency reported on Wednesday.
ITFC, Djibouti sign $90m Murabah deal to secure energy supply
The International Islamic Trade Finance Corp. has signed a $90 million Murabah agreement with Djibouti to secure energy supply through the import of petroleum products.
UAE signs agreements with Arab countries on double taxation avoidance
The UAE Ministry of Finance signed agreements related to the encouragement and protection of investments and double taxation avoidance, with Kuwait and Bahrain, and other agreements with Egypt and the World Bank.
NBK and Zain sign MoU with KFAS to launch digital program to empower Kuwaiti youth
National Bank of Kuwait (NBK) and Mobile Telecommunications Company – Zain Kuwait have signed a Memorandum of Understanding (MOU) with the Kuwait Foundation for the Advancement of Sciences (KFAS), with the goal of initiating a training program designed to develop and empower young national talent.
UAE, Kuwait sign deal to eliminate double taxation
Trading between Kuwait and the UAE is set to get a boost thanks to an agreement aimed at eliminating double taxation on income and curbing tax evasion.
Islamic Development Bank and Azerbaijan sign financing framework deal
Saudi Arabia’s Islamic Development Bank is set to provide a financing framework for Azerbaijan through a new agreement.
Saudi King Fahd University boosts scientific research with 17 agreements
Scientific research is set to strengthen in Saudi Arabia with the signing of 17 agreements with various entities, focusing on energy, water, and manufacturing sectors.
UAE-Kuwait agreement on avoiding double taxation enhances economic integration: Kuwaiti minister
An agreement signed by Kuwait and the UAE on Sunday to avoid double taxation on income and capital taxes is key to prevent tax evasion and avoidance, a Kuwaiti minister has said.
Riyadh hosts global conference for a safer space future
The inaugural Space Debris Conference, themed “Towards Securing the Future of the Global Space Economy,” kicked off in Riyadh on Sunday.
Saudi authorities arrest 18,901 illegals in one week
Saudi authorities arrested 18,901 people in one week for breaching residency, work and border security regulations, the Saudi Press Agency reported on Saturday.
Dubai: Are tenants responsible for maintaining rented apartments?
Question: I stay in a two-bedroom apartment in Dubai. The flat's water heater broke and leaked all over the place. In this case, who is responsible for fixing it? Me or the landlord?
Saudi Arabia and Jordan sign cooperation deal to support SMEs
Saudi Arabia and Jordan have signed an agreement to enhance economic, commercial and investment cooperation in the small and medium enterprise sector.
Saudi Arabia and Switzerland ink tourism agreement to enhance visitor experiences
Tourist attractions in Saudi Arabia and Switzerland are poised for enhancement through a new agreement, promoting marine activities, cultural heritage, and rural tourism.
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