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SAUDI ARABIA EMARATES BAHRAIN KUWAIT OMAN QATAR

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Press Dossier

By Date

07/04/2025

	Saudi Arabia’s M&A boom: Shaping a future-ready economy for Vision 2030 Amid the mergers and acquisitions boom in Saudi Arabia, the approval of economic concentration requests by the General Authority for Competition is reshaping the country’s business landscape, signifying a strategic shift toward market consolidation and growth.
	Ras Al-Khair becoming Saudi Arabia’s industrial powerhouse Saudi Arabia’s industrial and mining sector has long been recognized for its scale and significance, and Ras Al-Khair Industrial City, on the Kingdom’s eastern seaboard, is proving a critical driver of global supply chains.
	Saudi banks extend $2.4bn in home loans in Feb.; demand broadens across nationals and expats Saudi Arabia’s banks issued SR8.91 billion ($2.37 billion) in new residential mortgages to individuals in February — a 28.33 percent annual increase, according to official data.
	Riyadh Air receives Air Operator Certificate, set to launch flights in 2025 Saudi Arabia’s Riyadh Air has received approval from the General Authority of Civil Aviation to commence its flight operations, according to a statement released on Sunday.
	Dubai Land Department and Virtual Assets Regulatory Authority ink pact on real estate tokenisation Following the launch of the pilot phase of the ‘Real Estate Tokenisation,’ one of the initiatives under the umbrella of the ‘REES Real Estate Innovation Initiative,’ Dubai Land Department (DLD) and the Dubai Virtual Assets Regulatory Authority (VARA) signed a collaboration agreement aimed at enhancing Dubai’s global position as a leading hub for investment and innovation in the real estate sector.
	Dubai: Should employees pay for fuel, Salik when travelling for work? Question: I am constantly on the road as part of my job. However, I pay for the fuel and Salik fees out of my pocket. Shouldn't the company be bearing this cost? What are my rights in this regard?
	UAE: Can a will made in one's home country cover properties, assets in the Emirates? I own property and assets both in the UAE and in my home country. Is it possible to make a will in my home country that covers my UAE assets as well? Would such will be legally recognised and be enforceable in the UAE? Are there any legal challenges I should be aware of, and how does the process work?
	Kingdom arrests 18,407 illegals in one week Saudi authorities arrested 18,407 people in one week for breaching residency, work and border security regulations, the Saudi Press Agency reported on Saturday.

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SAUDI LAWS

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