| Saudi Arabia’s Surj Sports Investment partners with Enfield Investment to boost global portfolio
Saudi Arabia’s Surj Sports Investment Co. signed a strategic partnership agreement on Monday with US-based Enfield Investment Partners to expand and enhance investments in the global sports sector. |
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| Saudi Arabia, Oman to strengthen financial ties with new agreement
Saudi Arabia and Oman are set to strengthen financial ties with a new agreement aimed at enhancing cooperation and facilitating the exchange of information and expertise. |
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| Kuwait, Saudi sign agreement on haj arrangements
Kuwaiti Minister of Awqaf and Islamic Affairs Dr Mohammad Al-Wasmi and Saudi Minister of Hajj and Umrah Dr Tawfiq Al-Rabiah signed on Sunday an agreement to organize the affairs of Kuwaiti pilgrims of this year’s haj (1446 AH-2025). |
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| Saudi Arabia, Japan strengthen investment ties with strategic MoU
The Saudi Investment Promotion Authority on Monday signed a memorandum of understanding with Japan’s Mizuho Bank Ltd. in an effort to enhance investment opportunities between the two countries. |
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| Kuwait corporate tax...step to improve business environment, match global standards
The Kuwaiti Finance Ministry is bent on step up the pace of tax management as part of Kuwait’s vision to improve the business environment, cope with developments, overhaul the tax system, meet global standards and slash reliance upon oil earnings. |
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| Saudi Arabia arrests 19,418 illegals in one week
Saudi authorities arrested 19,418 people in one week for breaching residency, work and border security regulations, the Saudi Press Agency reported on Saturday. |
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| Saudi Arabia’s Hafr Al-Batin forum seals $4.5bn in investments
The Hafr Al-Batin Investment Forum 2025, held in Saudi Arabia’s Eastern Province, concluded with the signing of seven agreements totaling SR17 billion ($4.5 billion) across key sectors, underscoring the region’s growing economic potential. |
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| Higher fines under new residency law come into effect
Fines for residency violations under Kuwait’s new residency law, in some cases double the previous fines, will be applied from Sunday, the interior ministry said. |
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| UAE: Step by step guide on how non-Muslims can get married in Dubai
I am a non-Muslim living in Dubai. I plan to get married in the UAE. How does the process work? Do I have to take care of the court formalities before hosting the wedding party? If so, how is that done? Please advise. |
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| Saudi Arabia, BlackRock explore collaborative opportunities to advance Vision 2030 goals
A meeting between Saudi Arabia’s economy minister and the vice chairman of BlackRock focused on global economic developments, investment opportunities, and the Kingdom’s Vision 2030 diversification efforts. |
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| Heritage Commission, Motoko Katakura Foundation sign MoU to preserve desert culture in Saudi Arabia
The Heritage Commission signed a memorandum of understanding with the Japanese Motoko Katakura Foundation for Desert Culture in Riyadh on Sunday. |
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| Higher fines under new residency law come into effect
Fines for residency violations under Kuwait’s new residency law, in some cases double the previous fines, will be applied from Sunday, the interior ministry said. Fines for failing to renew a normal residence permit for any reason, will be KD 2 per day in the first month and KD 4 daily for subsequent months. |
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| UAE: Step by step guide on how non-Muslims can get married in Dubai
I am a non-Muslim living in Dubai. I plan to get married in the UAE. How does the process work? Do I have to take care of the court formalities before hosting the wedding party? If so, how is that done? Please advise. |
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| Kingdom arrests 19,541 illegals in one week
Saudi authorities arrested 19,541 people in one week for breaching residency, work and border security regulations, the Saudi Press Agency reported on Saturday. |
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| Kuwait discusses military cooperation with Saudi Arabia
Deputy Chief of Staff of the Kuwaiti Army Major General Sheikh Sabah Jaber Al-Ahmad Al-Sabah, met with the Commander of the Saudi Royal Air Force, Lieutenant General Turki bin Bandar bin Abdulaziz, to discuss important topics of mutual interest, particularly those related to enhancing the frameworks of military cooperation between the two countries. |
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| UAE: Dh100,000 fine for selling defective cars; buyers can take legal action
I recently bought a secondhand car listed on a website. However, multiple technical issues have developed. My mechanic says the seller likely hid the problems before selling the car to me. |
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| KISR, Coast Guard sign MoU to protect marine environment
The Kuwait Institute for Scientific Research (KISR) and the General Directorate of the Coast Guard signed a Memorandum of Understanding (MoU) on Monday, to strengthen cooperation in marine environmental protection and combat pollution. |
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| SRC and Hassana launch mortgage-backed securities to boost Saudi real estate investment
The region’s first-of-its-kind residential mortgage-backed securities will be available in Saudi Arabia as the Kingdom seeks to enhance liquidity and expand investment opportunities in the real estate finance sector. |
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| People who falsely obtained citizenship must repay benefits
People who had their Kuwaiti citizenship revoked because of obtaining it through fraud and false statements and documents are required to repay all benefits they had enjoyed while holding the citizenship, according to new amendments to the 1959 nationality law. |
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| 24% have yet to submit biometrics; last day for expats
The deadline for expatriates to register their biometric data ends on Tuesday and the period will not be extended, officials of the General Department of Criminal Evidence said. |
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| KISR, Coast Guard sign MoU to protect marine environment
The Kuwait Institute for Scientific Research (KISR) and the General Directorate of the Coast Guard signed a Memorandum of Understanding (MoU) on Monday, to strengthen cooperation in marine environmental protection and combat pollution. |
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| People who falsely obtained citizenship must repay benefits
People who had their Kuwaiti citizenship revoked because of obtaining it through fraud and false statements and documents are required to repay all benefits they had enjoyed while holding the citizenship, according to new amendments to the 1959 nationality law. |
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| Cabinet approves 15% tax on multinationals
Kuwait’s Cabinet has approved a draft decree-law imposing a 15 percent tax on multinational companies operating in more than one country, in line with global tax standards. |
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| Saudi Red Sea Authority issues 12 new licenses
The Saudi Red Sea Authority has issued 12 new licenses for tourism shipping agents, cruise ship operators, and marine tourism construction and operators, in addition to technical licenses for recreational marine activities. |
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| Saudi Arabia arrests 23,194 illegals in one week
Saudi authorities arrested 23,194 people in one week for breaching residency, work and border security regulations, the Saudi Press Agency reported on Saturday. |
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| SFD funds specialized hospital in Zambia with $135m
The Saudi Fund for Development has signed an additional development loan agreement worth $35 million for the construction of the King Salman bin Abdulaziz Specialized Hospital in Zambia, raising the total SDF funding for the hospital to $135 million. |
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| UAE: Is it legal to ask employees to be ‘on call’ after 8-hour duty?
Question: I work for a company in mainland UAE. If I work the required 9.5 hours, can I be expected to be ‘on call’ after work hours? There have been many instances of me having to log in to work from home after work hours. Is this legal? |
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| Dubai: What rights do tenants have if landlords increase rent exorbitantly?
Question: Does Dubai have any rules around increasing rents? Is there a cap on the increase? If I feel my landlord has increased the rent unjustly, what legal options do I have? How does the process work? |
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| UAE: Is it mandatory for seller to replace faulty product if it breaks down multiple times?
Question: How do product guarantees/warranties work in the UAE? I bought a laptop recently. It broke down multiple times. And each time, the seller just repaired it and gave it back. However, it is obvious that the product is defective and needs to be replaced. How do I make the seller replace it? |
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| Saudi Arabia introduces new laws to streamline business registration and trade names
Saudi Arabia’s new regulations designed to streamline commercial registration and trade name processes have been described as a “game-changer” for entrepreneurs. |
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| Saudi Arabia to welcome Middle East’s first TRIBE hotel in King Salman Park
French hospitality group Accor and Naif Alrajhi Investment have signed an agreement to bring the Middle East’s first TRIBE hotel to Saudi Arabia. |
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| New partnership set to drive Kingdom’s architecture industry
The Architecture and Design Commission has signed a strategic partnership with contracting firm Nesma & Partners to promote the Kingdom’s architecture and design industry. |
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| Saudi Arabia seeks to establish specialized courts to resolve business disputes
Saudi Arabia plans to establish specialized courts to address investment disputes, enhance market confidence, and support its Vision 2030 strategy of becoming a global business hub. |
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| UAE, Hong Kong ink deal to expand cross-border debt issuance and investment
The UAE and Hong Kong are set to deepen ties in cross-border debt securities issuance and investment after their central banks signed a memorandum of understanding to enhance connectivity between their financial markets. |
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| 20,159 violators of residency, labor laws arrested in Saudi Arabia
The Saudi Interior Ministry conducted inspection campaigns in the Kingdom between Dec. 12-18 to ensure compliance with residency, labor and border security laws. |
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| Cabinet approves MoU with China to accelerate Mubarak Al-Kabeer Port
To accelerate the construction of the Mubarak Al-Kabeer Port, the Cabinet approved a draft decree on Wednesday related to the memorandum of understanding (MoU) between Kuwait and China, |
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| UAE: How many breaks can employees take during work hours?
What does the UAE employment law say about employees taking breaks during work hours? |
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| UAE: Is it mandatory for seller to replace faulty product if it breaks down multiple times?
How do product guarantees/warranties work in the UAE? I bought a laptop recently. It broke down multiple times. And each time, the seller just repaired it and gave it back. However, it is obvious that the product is defective and needs to be replaced. How do I make the seller replace it? |
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| CITRA, Google ink land lease deal
The Communication and Information Technology Regulatory Authority on Wednesday signed a land leasing contract with international conglomerate Google. |
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| Cabinet approves MoU with China to accelerate Mubarak Al-Kabeer Port
To accelerate the construction of the Mubarak Al-Kabeer Port, the Cabinet approved a draft decree on Wednesday related to the memorandum of understanding (MoU) between Kuwait and China, outlining their cooperation to complete the project. |
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| NEOM signs JV agreement to accelerate construction automation
NEOM has entered into a joint venture agreement with Samsung C&T Corp. to advance the development and deployment of construction automation technology in Saudi Arabia. |
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| Saudi Arabia and Egypt ink supply chain deal to boost industrial ties
Saudi Arabia’s Falak Investment and Egypt-based Al-Tawakol For Steel Industries and Galvanization Co. have signed a supply chain cooperation agreement to strengthen the telecommunications infrastructure in the Kingdom. |
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| Saudi Arabia, Turkiye explore construction sector partnerships in roundtable
Saudi Arabia and Turkiye explored investment opportunities and partnerships in the construction sector during a roundtable, focusing on enhancing supply chains and fostering collaboration between public and private sectors. |
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| Saudi Cabinet approves standard incentives for industrial sector
Saudi Arabia’s Cabinet has approved a set of standardized incentives aimed at boosting the Kingdom’s industrial sector, marking a significant step in the nation’s ongoing efforts to diversify its economy. |
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| Saudi Social Development Bank and SNB to launch financing portfolio for entrepreneurs
Saudi Arabia’s Social Development Bank has signed an agreement with the Saudi National Bank to launch a financing portfolio to support entrepreneurship in the Kingdom. |
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| JLL secures contract to support AlUla’s transformation into global tourism hub
US-based real estate firm JLL has secured a program management contract with AlUla Development Co. to support the Saudi city’s transformation into a global tourism hub. |
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| UAE’s proptech Stake expands to Saudi Arabia, to consider regional HQ relocation, GM says
UAE real estate investment platform Stake is considering relocating its regional headquarters to Saudi Arabia, but no immediate plans have been finalized, according to a top official. |
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| Egypt partners with UAE’s AMEA Power to launch renewable energy projects in Aswan, Gulf of Suez
Egypt has signed two agreements with UAE-based AMEA Power to develop a 500-megawatt wind farm in the Gulf of Suez, further strengthening the nation’s renewable energy sector. |
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| Japan, GCC strengthen economic ties with 1st round of FTA talks
Economic ties between Japan and the Gulf Cooperation Council advanced with the successful completion of the first round of Free Trade Agreement negotiations in Riyadh on Dec. 12. |
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| Kingdom arrests 19,831 illegals in one week
Saudi authorities arrested 18,489 people in one week for breaching residency, work and border security regulations, the Saudi Press Agency reported on Saturday. |