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UAE: Police honour expats for returning lost cash
Abu Dhabi Police has honoured two expatriates for their honesty after they returned a lost wallet, containing money and other official documents.
Mohammad Al Gergawi, UN Deputy Secretary-General discuss promoting UAE-UN Partnership
Mohammad bin Abdullah Al Gergawi, Minister of Cabinet Affairs, held a meeting with Amina Mohammed, Deputy Secretary-General of the United Nations
Mohammad Al Gergawi, UN Deputy Secretary-General discuss promoting UAE-UN Partnership
Mohammad bin Abdullah Al Gergawi, Minister of Cabinet Affairs, held a meeting with Amina Mohammed, Deputy Secretary-General of the United Nations
UAE, Israel sign MoU on mutual recognition of vaccination certificates
The United Arab Emirates and Israel have signed an MoU on the mutual recognition of vaccination certificates issued by the health authorities in the two countries.
Iraq, Saudi ACWA Power close to signing a solar energy agreement
Iraq is in advanced discussions to establish a solar energy project with Saudi Arabia’s ACWA Power, the oil ministry announced on its Facebook page.
Bahrain rejects European Parliament's resolution on UAE
The Kingdom of Bahrain has expressed categorical rejection of a resolution passed by the European Parliament criticising the UAE's human rights record.
KFH renews memorandum of understanding with GUST
Kuwait Finance House (KFH) has renewed the Memorandum of Understanding with Gulf University for Science and Technology’s (GUST) aiming to continue cooperation and execution of joint programs including training courses, provision of academic and research expertise, internships, attraction of creative and distinguished youth within “Forsa” program and other employment programs to work at KFH as well as the organizing of social and educational activities and events.
New judicial body to settle disputes between Wahat Al Zaweya, Wahat Yas projects
A special judicial body will be set up to settle related to the Wahat Al Zaweya and Wahat Yas projects to ensure a speedy resolution of the conflicts and preserve the plaintiffs' funds until the debts are repaid.
Saudi firm Tabuk Pharmaceutical strikes deal to manufacture Leosons products in the MENA
Saudi-based Tabuk Pharmaceutical Manufacturing Company has announced an exclusive agreement with Leosons Overseas Corporation to manufacture and sell Leosons products in the MENA region,
RCU, Darah sign deal to protect Saudi heritage
Important sources of Saudi heritage in AlUla, Taima, and Khyber will be better protected as part of a new deal between the Royal Commission for AlUla and King Abdulaziz Foundation for Research and Archives.
Saudi Arabia raises penalty for violating finance companies law
Saudi Cabinet on Tuesday approved raising the penalty for violating the Finance Companies Law to not more than SR2 million ($0.53 million), the Saudi Press Agency reported.
Up to 1 month in jail, Dh100,000 fine for 'indecent acts' in public
The UAE Public Prosecution has issued a reminder on its social media accounts regarding speech or conduct that undermines public morals. Those who engage in such acts will be liable to legal accountability, the authority said.
ECZA, SIDF, Emaar EC signs deal to develop KAEC’s ‘Land and Loan’ program
Saudi Arabia's Economic Cities and Special Zones Authority (ECZA) signed a memorandum of understanding (MoU) with the Saudi Industrial Development Fund (SIDF) and Emaar Economic City (EEC) to enhance the investment environment in King Abdullah Economic City (KAEC).
Qatar signs comprehensive air transport agreement with EU
Qatar signed an air transport agreement with the EU on Monday, the Gulf country’s Minister of Transport and Communications Jassim Said Ahmed Al-Sulaiti said.
MPC, Thumbay ink deal to boost pharmacy business
MPC and Thumbay are proud to announce the signing of groundbreaking and market changing agreements by official representatives of all involved parties
UAE-Israeli bilateral trade exceeds $675m since signing of Abraham Accords
The non-oil bilateral trade between UAE and Israel has reached more than $675 million since the signing of the Abraham Accords last year, Dr Thani Ahmed Al Zeyoudi, UAE Minister of State for Foreign Trade told the UAE-Israel forum in Abu Dhabi.
Saudi, Jordan investors launch Fly Aqaba
Jordan’s Aqaba Special Economic Zone Authority signed an investment agreement to establish a privately-owned Saudi-Jordanian airline with a capital of $20 million, Jordan’s PETRA news agency reported on Sunday.
KSA, Egypt discuss environmental cooperation
Egypt’s Environment Minister Yasmine Fouad and her Saudi counterpart Abdulrahman Al-Fadley discussed environmental cooperation between their two countries.
Saudi Arabia, Egypt to work together on housing and urban development
Saudi Arabia and Egypt have signed an agreement to increase cooperation in the areas of housing and urban development.
Saudi Export-Import Bank signs $25m financing for Ukraine counterpart
The Saudi Export-Import Bank signed a recently approved financing worth $25 million for Ukraine state-owned Export-Import Bank (Ukreximbank) to support importers of Saudi goods, services and products in Ukraine and its neighbors, SPA reported.
Dubai Court tells Nissan to pay $354m to Al Dahana over agreement breach
Nissan Motor Co. Ltd. and Nissan Middle East have been told to pay in excess of 1.3 billion dirhams ($354 million) including interest, to Al Dahana FZCO, in the case filed by the latter back in 2019, Al Dahana said in a statement.
NCCAL and Indian Embassy sign cultural cooperation agreement
The National Council of Culture, Arts and Letters (NCCAL) and the Embassy of India yesterday signed an agreement on cultural cooperation on the occasion of the 60th anniversary of the establishment of diplomatic relations between Kuwait and India.
UAE, US, Israel announce new working groups on religious coexistence, water, energy issues
Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation, said the UAE, US and Israel have agreed on establishing two new working groups; with one focusing on religious coexistence and the other on water and energy issues.
Saudi Shoura Council approves decision calling for more investment in media
The Shoura Council virtually held on Wednesday a regular session, presided over by Dr. Mishaal bin Fahm Al-Salami, the consultative body’s deputy speaker.
New Saudi postal law to attract investments: Minister
The new Saudi postal law will attract more investments to the sector, Minister of Communications and Information Technology Abdullah Al-Swaha said.
UAE: Woman loses Dh800,000 lawsuit against husband who failed to provide 'decent home'
The man told the court that he was building a house for his family and that his wife had exaggerated the amount she spent on renting apartments
UAE: 4 jailed for forging govt documents to obtain Schengen visa
The Dubai Criminal Court has sentenced four Asians to a six-month jail term, followed by deportation, on charges of forging their UAE entry visa, bank statements and other government documents.
UAE: 4 jailed for forging govt documents to obtain Schengen visa
The Dubai Criminal Court has sentenced four Asians to a six-month jail term, followed by deportation, on charges of forging their UAE entry visa, bank statements and other government documents.
Britain looks to Gulf countries for new trade deal
Britain will on Friday take its first step toward trade negotiations with the six-country Gulf Cooperation Council (GCC), asking British businesses what they want an agreement to cover.
Legal department scraps 60+ expat residency ban decision
The government’s legal body, the Fatwa and Legislation Department, yesterday announced that a decision to ban expats aged 60 and above without university degrees from renewing work permits is “illegal”, and accordingly, older residents can renew their work permits and residencies as usual. Head of the Fatwa Department Salah Al-Mesad said in a ruling to Commerce Minister Abdullah Al-Salman that the ban decision was issued from an unauthorized official, and as a result is null and void.
Iraq signs 1.5 GW solar deals with UAE's Masdar, Norway-led consortium
Power-starved Iraq on Thursday signed a deal with a Norwegian-led consortium to build two solar power plants, officials said, a day after inking a similar agreement with the UAE.
SCA, ADGM Regulatory Authority sign MoU
The Securities and Commodities Authority (SCA) and the Registration Authority (RA) of Abu Dhabi Global Market (ADGM) have signed a Memorandum of Understanding (MoU) to enable ADGM registered entities to offer and list shares on UAE capital markets.
EFG Hermes Corp-Solutions, Misr Italia Properties sign $48m sale & leaseback agreement
EFG Hermes Corp-Solutions, a leading leasing and factoring company in Egypt has signed a sale and leaseback agreement with leading real estate development firm Misr Italia Properties (MIP) for refinancing its state of the art property-Garden 8 Mall, amounting to 750 million pounds ($47.7 million).
Kuwait mulls increase in work permit fees
The Cabinet’s General Secretariat has assigned the Public Authority for Manpower to upgrade the current work permit system for foreign residents in order to increase fees for all services it provides, a local daily reported yesterday quoting sources.
Saudi Algosaibi family seeks lifting freeze on assets after court ends 12-year debt dispute
A court in Saudi Arabia on Sunday issued a final order on the restructuring of the Saudi conglomerate Ahmad Hamad Algosaibi and Brothers (AHAB) closing down the largest family debt case in the history of Saudi Arabia.
KSrelief signs deals to support physical rehabilitation centers in Yemen
The King Salman Humanitarian Aid and Relief Center signed three joint agreements on Thursday to operate prosthetic limbs and physical rehabilitation centers in Seiyun, Taiz, and Aden in Yemen.
Saudi Ministry of Justice digitizes 50m title deeds
The Saudi Ministry of Justice has digitized more than 50 million title deeds as part of the Real Estate Wealth Digitization Initiative.
Diriyah Gate signs deal with Saudi Human Resources Development Fund to train cadres
The Diriyah Gate Development Authority signed a memorandum of understanding with the Saudi Human Resources Development Fund within the framework of enhancing cooperation in the area of human resource development, supporting, training and recruiting Saudi women and men.
New organisation to enhance border security
A new organisation will be created to bolster Dubai's border security capabilities, based on a new law issued by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai.
Saudi Arabia, Greece agree to establish business council
The Council of Saudi Chambers has signed a memorandum of understanding (MoU) to establish a Saudi-Greek Business Council to enhance bilateral trade and investment between the two countries, SPA reported.
DIFC's amended employment laws to come into effect soon
Dubai International Financial Centre (DIFC) said on Wednesday that its amended employment law and regulations would be coming into effect soon.
Dubai creates new authority to improve business services, boost economic growth
A new economic zone authority will be established in Dubai, based on a law issued on Monday by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai.
Cabinet approves decree to convene Assembly on Oct 26
The Cabinet yesterday approved a draft decree convening the second ordinary session of the 16th legislative term of the National Assembly on Oct 26, 2021.
Dubai International Arbitration Centre set up to settle disputes
Dubai on Saturday announced a plan to set up the Dubai International Arbitration Centre (DIAC) by merging the operations and assets of the Emirates Maritime Arbitration Centre and the Dubai International Financial Centre Arbitration Institute.
Saudi mining law will attract ‘incredible’ private investment to $1.3 trillion sector: Golden Compass CEO
Saudi Arabia’s new mining law will attract private investment from home and abroad as the Kingdom looks to exploit an estimated $1.3 trillion of potential value in the sector, according to Meshary Al-Ali, founder and CEO of mining consultancy Golden Compass.
UAE, UK sign deal to strengthen cooperation on climate action
The UAE and the UK on Saturday signed a memorandum of understanding to strengthen cooperation to accelerate measures to protect environment.
Majid Al Futtaim to get priority in govt contracts for initiative to hire 3,000 Emiratis: Dubai Ruler
The Ruler of Dubai has announced that leading conglomerate Majid Al Futtaim (MAF) will be given priority in government contracts.
UAE to announce $13.8 billion investment expansion across Britain
Abu Dhabi’s Mubadala Investment Company is set to invest around £10 billion ($13.85 billion) into British sciences, technology, energy transition and infrastructure, the Financial Times reported on Thursday, citing a government official briefed on the talks.
King Salman Energy City signs management agreement with Hutchison Ports
King Salman Energy Park (SPARK) has signed an agreement with Hutchison Ports that will see the firm manage and operate the dry port and logistics area of the eastern province-based project.
UAE tax authority offers 30% reduction on unpaid penalties
Tax law violators in the UAE can benefit from a 30 per cent reduction on unpaid penalties as per a recent Cabinet decision, the Federal Tax Authority (FTA) said on Tuesday.
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