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SAUDI ARABIA EMARATES BAHRAIN KUWAIT OMAN QATAR

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Press Dossier

By Date

15/04/2024

	Saudi master developer KEC inks 2 deals worth $78m for Al-Alya project Saudi master developer Knowledge Economic City Co. has signed two deals to deliver 396 residential apartments within the first phase of its mixed-use project Al-Alya.
	Saudi ADES secures $93.3m contract to operate jack-up rig in Qatar Saudi drilling firm ADES is set to operate a SR350 million ($93.3 million) jack-up rig in Qatar, having secured a contract from TotalEnergies.
	Saudi Arabia’s point-of-sale transactions grew 20% to reach $14.33bn in February Payments made through point-of-sale terminals in Saudi Arabia experienced a notable 20 percent annual increase in February, totaling SR53.72 billion ($14.33 billion), the latest data showed.
	Saudi Arabia leads EV surge, driving sustainable mobility revolution in Mideast As Saudi Arabia spearheads the transition toward sustainable solutions, electric vehicles are surging ahead and are expected to revolutionize transportation in the Middle East. But the question remains: will they soon become a part of our daily lives?
	Najran Municipality introduces 20 investment opportunities in Yadamah governorate Saudi Arabia’s Najran Municipality has unveiled 20 diverse investment opportunities across the governorate of Yadamah, encompassing commercial, sports, recreational, shopping, and event activities.
	Closing bell: Saudi main index slips to close at 12,666 Saudi Arabia’s Tadawul All Share Index slipped on Sunday, losing 38.52 points, or 0.30 percent, to close at 12,666.90.
	Oman’s top 5 ports handle over 93.2m tonnes of cargo in 2023 Oman’s top five ports saw a 1.5 percent annual increase in cargo handling in 2023, surpassing 93.2 million tonnes, underscoring their growing significance in maritime trade.
	UAE: Can employees claim overtime, comp-off if asked to work during Eid holidays? We are employed by a mainland Dubai company and worked over the Eid holiday. In fact, we worked longer than our regular hours. What are my rights here regarding overtime, compensatory off and extra pay?

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SAUDI LAWS

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