AD Ports Group today welcomed an esteemed Iraqi delegation headed by Razzaq Muhaibas Al-Saadawi, Iraq’s Minister of Transport, alongside key figures and leaders in business, investment and development sectors. The focus was on a number of projects pivotal to international transport, logistics...
The service suspension regulations start from 01 Ramadan 1445 AH, ensuring no harm to those with suspended services or their dependents. It strictly requires a regulatory document for implementation. Service suspensions exclude treatment, education, employment, commercial registration, and...
Crown Prince Mohammed bin Salman announced transferring 8% of Saudi Aramco’s issued shares to wholly owned portfolios by the Public Investment Fund (PIF). Accordingly, the Saudi government’s ownership in Aramco will reach 82.186%, the state-run SPA...
Mohammed Al-Jadaan, Minister of Finance, disclosed that a study is presently in progress to re-evaluate the dependent fee, as Saudi Arabia seeks to attract skilled talents and foster stability, ultimately aiming to enhance the overall productivity. In a podcast, Al-Jadaan explained ...
The Real Estate General Authority offered, on Istitlaa platform, a table for violations and penalties for the real estate contributions law and its executive regulations, for public opinion no later than March 14, 2024. Through the table, the authority aims to enhance compliance...
Minister of Municipal, Rural Affairs and Housing, Majid Al-Hogail, approved the Municipal Licensing Procedures Law, Umm Al-Qura newspaper reported on March 1. This replaces the Executive Regulations of the Municipal Licensing Procedures Law issued on Jan. 30,...
The Oversight and Anti-Corruption Authority (Nazaha) launched investigations into 3,209 criminal and administrative cases in February. Nazaha investigated 288 persons and arrested 126 suspects, of whom some were released on bail on being involved in bribery, money laundry and...
The United Arab Emirates, represented by the Ministry of Finance and the Central Bank of the UAE, participated in the first G20 Finance Ministers and Central Bank Governors (FMCBG) meeting under Brazil’s presidency held on 28th and 29th February in São Paulo. The UAE delegation, headed by...
His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, today visited the headquarters of Emirates NBD on the occasion of the bank’s 60th anniversary celebrations.His Highness Sheikh Mohammed was accompanied on his visit by H.H. Sheikh...
The Real Estate General Authority (REGA) announced issuing the executive regulations for the real estate contributions law, in coordination with the Capital Market Authority (CMA). REGA confirmed the possibility of applying for a real estate contributions license through its...