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Press Dossier   By Date  31/12/2025
FTA announces implementation of amendments to certain provisions of service fees from 1st January
United Arab Emirates: The Federal Tax Authority (FTA) has announced the commencement of Cabinet Decision No. 174 of 2025 amending certain provisions of Cabinet Decision No. 65 of 2020 on the fees for services provided by the Federal Tax Authority, effective from 1st January 2026.
UAE and Egypt to strengthen bilateral economic relations
United Arab Emirates: Dr. Thani Bin Ahmed Al Zeyoudi, Minister of Foreign Trade, led a high-level government delegation to Egypt as negotiations continue to secure a Comprehensive Economic Partnership Agreement (CEPA) between the two nations.
Makkah Construction and Development Company buys prime plot for $261m
Saudi Arabia: Makkah Construction and Development Company has announced that it has purchased a 6,986 sq m plot of land for SAR980 million ($261 million) in the Saudi city.
Riyadh airport's third runway construction works begin
Saudi Arabia: Saudi-based Asas Makeen Real Estate Development and Investment Company has announced that it has signed a SAR300 million ($80 million) contract with Tashyeed Hayat Contracting Company to carry out construction work on several of the company's projects in Riyadh.
Asas Makeen signs up Tashyeed Hayat for key Riyadh projects
Saudi Arabia: Saudi-based Asas Makeen Real Estate Development and Investment Company has announced that it has signed a SAR300 million ($80 million) contract with Tashyeed Hayat Contracting Company to carry out construction work on several of the company's projects in Riyadh.
Saipem snaps up $600m Saudi Aramco offshore contracts
Saudi Arabia: ACWA Power Co has announced its entry into China after securing more than 1 gigawatt (GW) of renewable energy projects, according to a stock exchange disclosure.
ACWA Power agrees to buy stakes in 5 China wind power projects
United Arab Emirates: ACWA Power Co has announced its entry into China after securing more than 1 gigawatt (GW) of renewable energy projects, according to a stock exchange disclosure.
Natural gas accounts for 70% of Mubadala Energy production portfolio
Saudi Arabia: Natural gas accounts for about 70 percent of Mubadala Energy’s production portfolio, the company’s Chief Operating Officer Adnan Bu Fateem said, describing 2025 as a "pivotal" year for the company’s international expansion.
ADSW Summit 2026 aims for system-wide transformation
United Arab Emirates: The Abu Dhabi Sustainability Week (ADSW) Summit 2026 will focus on aligning government and industry leaders, investors and innovators to deliver system-wide action and accelerate sustainable progress.
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