| UAE: Why residents are opting for longer saving deposits with banks, schemes
Residents in the UAE are increasingly opting for longer saving deposits with banks and saving schemes. The reason behind this? They want to cash in on high returns amid high interest and profit rates before they begin to decline. |
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| UAE: Is not saving enough keeping you awake at night? You're not alone
A feeling of 'not saving enough' keeps almost half of UAE residents awake at night, a study showed. |
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| KFAED and Bahrain ink KD 10mn loan deal for key highway project
The Kuwait Fund for Arab Economic Development (KFAED) and the Bahraini government signed a loan agreement on Sunday, valued at KD 10 million (approximately $32.4 million), to finance the second phase of the Sheikh Jaber Al-Ahmad Al-Sabah Highway development project. The initiative aims to bolster Bahrain’s economic and social development by enhancing a critical transportation artery in the capital. |
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| Kuwait, Iraq strengthen oil and gas cooperation
The Kuwaiti Ministry of Oil held discussions on Monday with a delegation from the Iraqi Ministry of Oil, focusing on enhancing bilateral cooperation in the oil and gas sectors as part of efforts to strengthen ties between the two nations. |
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| Mubarak Al-Kabeer port key pillar of economic vision
The Mubarak Al-Kabeer Seaport project is a landmark initiative poised to position Kuwait as a leading regional hub for cargo and commercial activities, Minister of Public Works Dr Noura Al-Mashaan said on Sunday. |
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| Kingdom arrests 25,150 illegals in one week
Saudi authorities arrested 25,150 people in one week for breaching residency, work and border security regulations, the Saudi Press Agency reported on Saturday. |
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| New ID procedure for individuals with revoked nationalities
The Public Authority for Civil Information (PACI) on Thursday announced the procedure for issuing civil ID cards to individuals whose Kuwaiti nationality has been revoked, in accordance with Article 8 of the Kuwaiti Nationality Law. |
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| Abu Dhabi eviction law: What can tenants do if landlords ask to vacate on short notice?
I have been residing in an apartment in Abu Dhabi for the past eight years. My real estate agent has just informed me that the landlord does not wish to renew my contract which expires in a couple of weeks. Is this legal? |
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| Longer Eid break: Can UAE employers deny requests to combine holiday with annual leave?
I work in a managerial role in a mainland Dubai company. With the Eid break happening in soon, I wished to combine my annual leave with the holidays to have an extended vacation. Can my HR refuse my request citing my managerial responsibilities? |
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| UAE: Will employees face legal trouble for refusing a job offer after accepting it via email?
I received a job offer from a Dubai-based company that I accepted via email. I did not sign anything but emailed the company to say I was accepting it. Now, I have received a better offer from another company that I really want to accept. Will I face any legal trouble if I decline the first offer now? |
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| UAE approves new rules for lawyers, legal consultants defining licensing, training law
The UAE Cabinet has approved laws governing and organising the legal profession and consultancy. The regulation, announced on Wednesday, addresses some provision to structure and modernise the legal industry. |
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| $1.06bn deal signed to launch new logistics zone in Riyadh’s Falcon City
A new SR4 billion ($1.06 billion) logistics zone will be created within Falcon City in northern Riyadh, after a deal between Saudi firms SAL and Sela Co. |
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| Amir hails judiciary’s key role
HH the Amir Sheikh Meshal Al-Ahmad Al-Jaber Al-Sabah visited the Supreme Judicial Council on Sunday evening to mark the holy month of Ramadan. |
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| Kuwait abolishes ‘honor killing’ law, raises marriage age to 18
In a historic move toward gender equality, Kuwait officially abolished Article 153 of the penal code, a law that effectively allowed “honor killings” by granting lenient sentences to male relatives who murdered female family members caught in adultery. |
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| Kuwait, China sign framework agreement on renewable energy technology
Kuwait and China signed on Monday a framework agreement, which contains technical details on renewable energy cooperation. Kuwait's Undersecretary at the Ministry of Electricity and Water and renewable energy Dr Adel Al-Zamel took part in the signing ceremony along Ren Jingdong, Deputy Director of the Chinese National Energy Administration. |
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| Kingdom arrests 23,865 illegals in one week
Saudi authorities arrested 23,865 people in one week for breaching residency, work and border security regulations, the Saudi Press Agency reported on Saturday. |
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| Royal Commission for Yanbu signs animal welfare deals
The Royal Commission for Yanbu has signed two agreements that will promote animal welfare and environmental protection. |
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| UAE: Working hours, sick leave, overtime; all about private sector jobs
If you are one among millions who live and work in the UAE, you must be well versed with how strict the laws of the country are. |
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| UAE: Will employees face legal trouble for refusing a job offer after accepting it via email?
I received a job offer from a Dubai-based company that I accepted via email. I did not sign anything but emailed the company to say I was accepting it. Now, I have received a better offer from another company that I really want to accept. Will I face any legal trouble if I decline the first offer now? |
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| Lebanon readies 22 deals for signing with Saudi Arabia during high-level visit
Lebanon has prepared the final drafts of 22 cooperation agreements with Saudi Arabia, setting the stage for a high-level visit next month to strengthen economic ties. |
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| BSF, Diriyah Co. ink $1.6bn financing deal to develop Wadi Safar project
Banque Saudi Fransi has signed a financing deal worth SR6 billion ($1.6 billion) with Diriyah Co. to develop the Wadi Safar project, highlighting the private sector’s role in driving economic growth. |
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| Egypt approves investment protection deal with Saudi Arabia
Egypt’s parliament has approved a bilateral investment protection agreement with Saudi Arabia, aiming to boost capital inflows, create jobs, and strengthen economic ties between the two nations. |
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| Tabuk University signs pact to enhance AI learning
The University of Tabuk has signed an agreement with a technology company to equip students with advanced robotics and artificial intelligence knowledge in preparation for the job market. |
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| Saudi Arabia, South Korea sign deal to boost cooperation in space sector
The Saudi Space Agency has entered into a new partnership with the Korean Aerospace Administration to boost cooperation in the space sector. |
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| Municipality signs Museum contract
Acting Director General of Kuwait Municipality Eng Manal Al-Asfour signed a contract on Sunday to establish the Imam Abdulrahman Al-Faisal Museum in the historic Mubarakiya market in Kuwait City. The project aligns with the municipality’s strategic vision to develop Mubarakiya into a premier cultural and tourist destination. |
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| 20,000 arrested for violation of regulations across Saudi Arabia
Joint field campaigns to monitor and apprehend violators of residency, labor, and border security regulations were conducted across all regions of the Kingdom during the period from Feb. 27 to March 5. |
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| MoI arrests 11 beggars, vows strict action
The Ministry of Interior announced on Wednesday the arrest of 11 beggars of Arab and Asian nationalities, including eight women and three men, who were caught soliciting alms in front of mosques and markets. |
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| Saudi Public Investment Fund partners with Goldman Sachs Asset Management
The Public Investment Fund and Goldman Sachs Asset Management signed a non-binding memorandum of understanding in Riyadh on Monday. The agreement designates the PIF as an anchor investor for new private and public funds in Saudi Arabia and other GCC countries. |
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| Kingdom arrests 17,389 illegals in one week
Saudi authorities arrested 17,389 people in one week for breaching residency, work and border security regulations, the Saudi Press Agency reported on Saturday. |
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| KSrelief signs $5.15m deal to aid Ukrainians
Saudi aid agency KSrelief has signed a $5.15 million cooperation agreement with the UN Population Fund to provide emergency protection for vulnerable groups in Ukraine. |
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| Saudi Arabia expands humanitarian aid to Gaza with new KSrelief-ICRC agreement
The King Salman Humanitarian Aid and Relief Center signed a cooperation agreement with the International Committee of the Red Cross to bolster emergency response efforts for Gaza, the Saudi Press Agency reported on Saturday. |
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| Australian firms set sights on Saudi construction sector as trade ties deepen
Saudi Arabia’s giga and megaprojects are drawing fresh interest from Australian businesses, with over 90 companies exploring new partnership opportunities to expand their footprint in the Kingdom’s booming construction sector. |
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| Saudi Arabia signs deals to localize aerospace manufacturing, enhancing aviation hub status
Saudi Arabia has signed multiple deals to localize aerospace manufacturing, including aircraft maintenance, air taxis, vertical take-off and landing systems, and helicopter production. |
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| Oman and Palestine strengthen financial ties with stock exchange deal
Muscat and Palestine’s stock exchanges have signed a cooperation agreement to enhance financial integration, facilitate cross-border investments, and bolster market access. |
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| Saudi Arabia arrests 21,222 illegals in one week
Saudi authorities arrested 21,222 people in one week for breaching residency, work and border security regulations, the Saudi Press Agency reported on Saturday. |
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| KSA, South Korea sign deal for film industry growth
Saudi Arabia’s Film Commission and the Korean Film Council have signed a strategic partnership to enhance cooperation in the film sector, support cultural exchange, and foster the industry’s growth in the Kingdom and South Korea. |
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| Saudi investment ministry inks deal with Sana to boost entrepreneurial ecosystem in Al-Ahsa
A new cooperation agreement between the Ministry of Investment and Prince Ahmed bin Fahd bin Salman Center will see Saudi Arabia enhance its entrepreneurial ecosystem in the Al-Ahsa region. |
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| Oman, Saudi Arabia ink 3 agreements to strengthen trade ties
Oman and Saudi Arabia signed three agreements on trade, legal services, and manufacturing to strengthen economic cooperation and private sector collaboration. |
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| Saudi Exchange targets Indonesian firms with Jakarta Futures MoU
Saudi Arabia’s stock market is set to attract Indonesian firms following a new memorandum of understanding with the Jakarta Futures Exchange. |
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| Riyadh, Seoul strengthen defense ties with quality assurance deal
Saudi Arabia and South Korea have signed a government quality assurance agreement to strengthen defense cooperation and boost their military capabilities and long-term industrial development. |
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| Saudi minister highlights strong ties as Kingdom and Egypt sign energy efficiency deal
Saudi Arabia’s Minister of Energy, Prince Abdulaziz bin Salman, reaffirmed the Kingdom’s commitment to strengthening energy cooperation with Egypt during his address at the Egypt Energy Show on Monday. |
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| UAE, Ukraine sign comprehensive economic partnership deal
The UAE and Ukraine have signed a Comprehensive Economic Partnership Agreement, removing customs duties on 99 percent of Emirati goods and 97 percent of Ukrainian exports to boost trade and investment. |
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| Abu Dhabi issues new rules on establishment, licensing of endowment companies
A new resolution has been issued in Abu Dhabi on the establishment and licensing of endowment institutions in the emirate on Monday, the Abu Dhabi Department of Economic Development (ADDED) announced in collaboration with the Endowments and Minors’ Funds Management Authority (Awqaf Abu Dhabi). |
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| Kingdom arrests 22,663 illegals in one week
Saudi authorities arrested 22,663 people in one week for breaching residency, work and border security regulations, the Saudi Press Agency reported on Saturday. |
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| UAE: Can children stay to complete their academic year after their parent's residency visa is cancelled?
I have been informed that I will be let go as part of the company's restructuring process. My children study in a school here. How long do I have to exit the country after my visa is cancelled? Is there a way I can keep my children in the country legally for a few more months just so they can complete their academic year? What are my options? |
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| UAE: How long can parents sponsor children on a residency visa?
I hold a regular two-year visa in the UAE. I am a father to twins – a boy and a girl. I wish to understand how long I can sponsor their visas in the UAE. Please advise. |
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| Kuwait busts cybercrime ring
The ministry of interior announced the arrest of an international cybercrime syndicate of Chinese nationals involved in large-scale cyberattacks on telecommunications towers and banks. The criminal security sector, represented by the cybercrime combat department, led the operation, uncovering an elaborate scheme aimed at breaching networks and stealing financial data. |
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| NUPCO secures $667m in financing to boost Saudi healthcare supply chain
Saudi Arabia’s National Unified Procurement Co. has secured three significant financing agreements totaling SR2.5 billion ($666.6 million) to strengthen supply chain financing for healthcare suppliers. |
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| Saudi Arabia unveils telecom, tech, and tourism deals at LEAP 2025
Telecom licenses designed to drive SR1 billion ($267 million) investment in Saudi Arabia were announced during LEAP 2025, as tech and tourism partnerships were also unveiled. |
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| Ericsson, Mobily MoU to explore intent-driven autonomous network through AI, official says
Saudi telecommunication firm Mobily and Swedish company Ericsson have signed an agreement to explore an intent-driven autonomous network that enhances speed, scalability, and capacity, an official said. |