| UAE approves Dh299 million housing support for citizens
The Sheikh Zayed Housing Programme (SZHP), an initiative under the Ministry of Energy and Infrastructure (MoEI), has issued 432 decisions for housing aid valued at Dh298.7 million. |
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| Kuwait seeks to draw a roadmap for digital future, says Al-Nahedh
Minister of Commerce and Industry and Minister of State for Communications and Information Technology Affairs Mazen Al-Nahedh stressed the importance of supporting the partnership between the government of Kuwait and international information technology companies and adopting applications in line with the requirements of the New Kuwait vision. |
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| Advocacy movement slams mass teacher layoffs as ‘rash’ decision
The hashtag “Education_Ministry”, trended on Twitter this weekend, with thousands of citizens and residents commenting on the recent teacher layoffs announced by the government. |
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| Iran's rial climbs after accord to restore Saudi ties
The Iranian rial recouped some of its recent losses on Saturday, gaining more than 6 per cent amid prospects of diminished regional tensions after Iran and regional rival Saudi Arabia agreed to resume diplomatic ties. |
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| UAE rated highest for expat lifestyle, earnings and family stability
The UAE is the most popular destination for expatriates as the emirate rated highest for expat lifestyle, earnings and family stability, according to a survey. |
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| Saudi women’s labor market participation surges to 35% in 5 years, UN told
The share of women employed in Saudi Arabia jumped from 21 percent to 35 percent in five years on the back of the Kingdom’s efforts to boost participation in the labor market. |
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| Sheikh Mohammed allocates 8,500 land plots to citizens in Al Yalayis 5 area
In his capacity as the Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE, issued directives to immediately allocate 8,500 land plots to Emirati citizens in Al Yalayis 5 area. The plots are located on an area spanning 120 million square feet. |
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| Speaker asks about expats in govt jobs
National Assembly Speaker Ahmad Al-Saadoun on Monday sent questions to all Cabinet ministers asking for details about the total number of expats employed by their respective ministries and departments, including those hired through recruitment contracts. |
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| DEWA CEO discusses bilateral cooperation with a high-level delegation from Emerson
Saeed Mohammed Al Tayer, MD and CEO of Dubai Electricity and Water Authority (DEWA), received a high-level delegation from Emerson, a global leader in technology, software, and engineering, headed by Lal Karsanbhai, President and CEO, Emerson. |
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| Abu Dhabi to get new project turning waste to alternative fuels
Abu Dhabi authorities have announced a new project for turning waste carbon into sustainable aviation fuel. |
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| Economic Diversification Index reveals how countries adapted to shocks, diversified economies
Covid-19 has demonstrated how diversified economies can better adapt to major shocks, revealed the Global Economic Diversification Index 2023, the latest edition of the report, launched by the Mohammed Bin Rashid School of Government (MBRSG) with a panel of global experts from the IMF and the World Bank at the World Government Summit in Dubai. |
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| Nearly 60% of Emiratis consider job title most important when seeking new roles, reveals salary guide
Job title, salary and location of the work are some of the most important factors Emiratis look at when picking a job. |
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| Dubai’s international passenger arrivals climb 97% to reach 14.36m in 2022
International passenger arrivals in Dubai reached 14.36 million in 2022, up 97 percent from 7.28 million in 2021, the latest government data showed. |
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| Saudi energy minister warns sanctions could result in energy shortages
Saudi Energy Minister Prince Abdulaziz bin Salman warned on Saturday Western sanctions against Russia could result in a shortage of energy supplies in future. |
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| Kuwait to launch visa app, smart ID
First Deputy Prime Minister, Interior Minister and Acting Defense Minister Sheikh Talal Al-Khaled Al-Ahmad Al-Sabah announced Saturday the Kuwait Visa app, which will be launched soon. |
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| 94,000 benefit from Sharjah's 50% discount on attestation of overdue rental contracts
A total of 94,000 leasing contracts were attested in Sharjah under the 50 per cent discount scheme rolled out last year for attestation of late contracts. In total, 294,000 leasing contracts were attested in 2022. |
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| 400,000 Saudis employed through Hadaf in 2022
Saudi Arabia’s Human Resources Development Fund, also known as Hadaf, helped get 400,000 Saudis jobs in the private sector in 2022 through its various program and initiatives, the Saudi Press Agency reported. |
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| Bahrain Sustainability Forum to host 300 decision-makers discussing climate change
As issues concerning climate change gain greater attention, Bahrain is set to host over 300 decision-makers discussing net-zero goals during the Sustainability Forum Middle East taking place on Jan. 12. |
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| Abu Dhabi, Dubai, Sharjah and Ajman listed among 10 safest cities in the world
Abu Dhabi has been ranked first as Ajman made it to the fourth place in a list of the 10 safest cities in the world, according to a report by numbeo.com for the year 2023. |
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| UAE: Sharjah Ruler directs grants to 4,500 retirees
His Highness Sheikh Dr Sultan bin Muhammad Al Qasimi, Supreme Council Member and Ruler of Sharjah, directed the speedy transfer of "decent living" grants to 4,500 retirees from the emirate's citizens affiliated with the non-Sharjah government agencies. |
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| Over 60 top officials resign
More than 60 senior government bureaucrats have resigned in the past six weeks, mostly to avail lucrative financial benefits, leaving most ministries searching for new leaders. |
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| Saudi Arabia, Bahrain launch bilateral naval exercise
Saudi Arabian and Bahraini naval forces began a bilateral maritime exercise in Bahrain, the Saudi Defense Ministry announced on Sunday. |
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| IOM lauds Kuwait’s humanitarian efforts
The head of the International Organization for Migration’s mission in Kuwait, Mazen Abulhesen on Saturday affirmed Kuwait’s support for the IOM humanitarian operations throughout the globe for decades. |
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| Saudi Arabia achieves clean energy milestone as first shipment of ‘blue’ ammonia reaches South Korea
RIYADH: The world’s first commercial shipment of certified clean blue ammonia has arrived in South Korea from Saudi Arabia. |
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| Saudi Central Bank rises interest rates by 50 bps
RIYADH: The Saudi Central Bank, known as SAMA, raised the Repo rate by 50 basis points to 5 percent, following the US Federal Reserve's move to increase the rates by an expected 50 basis points. |
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| Crown Prince announces Sindalah, NEOM’s first luxury island development
NEOM’s first luxury island destination Sindalah will play host to superyachts and top-end apartments, Crown Prince Mohammed bin Salman revealed as he announced the latest project set to boost Saudi Arabia’s tourism industry. |
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| Sharjah Ruler approves 2,000 jobs in police force
His Highness Dr Sheikh Sultan bin Muhammad Al Qasimi, Supreme Council Member and Ruler of Sharjah, has approved 2,000 jobs in Sharjah Police. |
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| OPEC+ maintains status quo on output amid fresh price cap on Russian oil
RIYADH: The Organization of Petroleum Exporting Countries and its allies, known as OPEC+, has agreed to roll over its existing output policy, just a day after the Group of Seven nations decided to put a price cap on Russian energy supplies. |
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| Saudi Arabia clears 725 industrial projects worth $265bn in 9 months to build domestic capacity
Riyadh: Saudi Arabia has issued permits for 725 industrial projects worth an accumulated SR1.37 trillion ($265 billion) in the first nine months of 2022, according to data from the Ministry of Industry and Mineral Resources. |
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| Russia not to sell oil subject to price cap
Russia, the world's second largest oil exporter, will not sell oil that is subject to a Western price cap even if it has to cut production, President Vladimir Putin's point man on energy said. |
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| Amended VAT treatment for director services
On September 26, 2022, the UAE President, His Highness Sheikh Mohamed bin Zayed Al Nahyan, issued the Federal Decree-Law No.18 of 2022, amending a few provisions of the Federal Decree-Law No. 8 of 2017 on value-added tax (VAT). The executive regulation related to this VAT law was issued on October 21, 2022 through Cabinet Decision No. 99 of 2022. The amendments will take effect from January 1, 2023. |
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| Kuwait’s PAAAFR vows to attain food security
Kuwait’s Public Authority for Agriculture Affairs and Fish Resources (PAAAFR) will do everything possible to attain food security in line with guidelines by the government and Kuwait Vision 2035 development strategy. The PAAF assurance was declared by the acting director general, Mishal Al-Graifah, in a statement to KUNA, on Thursday. |
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| Zain showcases its career opportunities to attract national talents
Zain, Kuwait’s leading digital service provider, announced its platinum sponsorship of the fifth Career and Studies Opportunities Expo (CSO5) organized by the Public Authority for Applied Education and Training (PAAET) under the patronage of H.E. Minister of Education and Minister of Higher Education and Scientific Research Dr. Hamad Al Adwani. |
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| No talks on oil output increase: UAE
Major oil producers denied a media report that they are engaged in discussions with Opec+ members to increase crude production for their next meeting on December 4. |
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| Adnoc Drilling purchases three high-specification jack-up rigs
Adnoc Drilling Company on Monday announced that it has signed an agreement to acquire an additional three brand new high-specification offshore jack-up drilling units. |
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| 1st edition of ‘Digital Government Forum’ to launch in Riyadh
The Digital Government Authority is launching the first “Digital Government Forum” in Riyadh on Wednesday under the theme “Towards a Promising Digital Horizon”. |
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| Oman to ban import of plastic bags from 2023
The Ministry of Commerce, Industry and Investment promotion has issued a ministerial decision that bans imports of plastic bags with effect from January 2023. |
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| Sharjah Ruler increases support for citizens in central region with completed houses
His Highness Dr Sheikh Sultan bin Muhammad Al Qasimi, Supreme Council Member and Ruler of Sharjah, approved to increase the value of support provided to the citizens in the central region. |
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| Female workforce participation rises to 33.6% in Saudi Arabia in Q1 2022: Report
Saudi Arabia’s total female workforce participation rose to 33.6 percent in the first quarter of 2022 from 20.5 percent in the same period in 2019, when most countries globally saw a decline in female participation, according to a report released by the Small and Medium Enterprises Authority, also known as Monsha’at. |
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| Eligible voters jump by 40% to reach 796,000
The interior ministry published the names of all eligible voters at police stations to allow Kuwaiti citizens to ensure they are listed for the National Assembly elections. Petitions are accepted and dealt with within 24 hours, the ministry said. |
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| Municipality to be 100% ‘Kuwaitized’ within a year
Minister of State for Municipal Affairs and Minister of State for Communications and Information Technology Affairs Dr Rana Al-Fares sent a memo to the General Manager of the municipality Engineer Ahmad Al-Manfouhi which includes a plan to make the staff at Kuwait Municipality consist of Kuwaiti citizens completely. |
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| Saudi, Bahrain ministers discuss labor regulation
Bahraini Minister of Labor Jameel bin Mohammad Ali Humaidan met with Saudi Minister of Human Resources and Social Development Ahmed bin Suleiman Al-Rajhi on Monday in Riyadh, Bahrain News Agency reported. |
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| Saudi Arabian Mining Co. emerges as TASI’s 5th-best performer
RIYADH: Saudi Arabian Mining Co., known as Ma’aden, ranked fifth among the top share price gainers this year on the Saudi stock index TASI buoyed by strong results and a thriving mineral sector. |
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| Oil up as Russian pipeline halt revives supply fears
NEW YORK: Oil edged up on Tuesday, reversing an early decline as worries about tightening supply were revived after Russia said oil exports to Europe on the southern leg of the Druzhba pipeline had been suspended since early August.
Russian pipeline monopoly Transneft said Ukraine had suspended oil flows via the pipeline leg because Western sanctions had prevented a payment from Moscow for transit fees from going through. |
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| Dewa saves Dh2 million annually through preventive maintenance work
Dubai Electricity and Water Authority (Dewa) announced that the application of periodic preventive maintenance to its power transmission networks contributes to achieving 100 per cent in the reliability and availability of the power transmission system in Dubai, and reducing the average maintenance costs by approximately Dh2 million annually. This also has helped Dewa to be the ‘Best in Class’ among global utilities since 2018. |
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| UAE: Intercity bus services between Sharjah, Fujairah resume
Sharjah Road Transport Authority has announced that intercity buses between Sharjah and Fujairah have resumed as of Wednesday, August 3, 2022. |
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| Saudi German Health says Makkah hospital operations to start in September
Middle East Healthcare Co. (Saudi German Health) received the final license from the Ministry of Health on Aug. 1 to operate its Makkah hospital, the company said in a statement to Tadawul. |
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| Dubai: Jumeirah Bay Island villa sells for Dh55 million, breaks record
Luxhabitat Sotheby's International Realty says it has closed a deal for a four-bedroom Bvlgari Mansion in Jumeirah Bay Island for Dh55 million. |
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| Pakistani religious heads, govt officials praise Saudi role in Hajj mission's success
A number of Pakistani religious leaders, government officials and academics have lauded the success of this year's Hajj mission, |
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| Saudi Arabia's new permanent representative to the UN presents credentials
The new Permanent Representative of Saudi Arabia to the United Nations, Ambassador Dr. Abdulaziz Al-Wasil, presented his credentials to Secretary-General António Guterres on Tuesday. |