| Saudi Arabia, China forge tourism partnerships to boost investment, travel
Officials from Saudi Arabia and China have begun discussions to enhance tourism ties, boost investment, and expand travel opportunities. |
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| Abu Dhabi announces up to Dh500,000 loan offer for Emiratis
Emiratis who have taken out a loan to build or purchase a house can apply for a top-up of up to Dh500,000 under the Abu Dhabi government's new initiative, it was announced on Saturday. |
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| Riyadh Season 2024 to empower entrepreneurs and productive families
Riyadh Season 2024 will allocate sales outlets in key locations this year to productive families and entrepreneurs during major events, Saudi Press Agency (SPA) reported. |
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| Saudi Arabia and Spain explore opportunities in mining cooperation Previous
Saudi Arabia’s Minister of Industry and Mineral Resources met on Saturday with Spanish Minister of State for Energy, Sara Aagesen Munoz, to discuss deepening mining cooperation between the two nations. |
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| Kingdom arrests 21,971 illegals in one week
Saudi authorities arrested 21,971 people in one week for breaching residency, work and border security regulations, the Saudi Press Agency reported on Saturday. |
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| GCC, UK discuss free trade deal, economic ties
GCC Secretary General Jasem Al-Budaiwi met with UK Minister of State for the Middle East and North Africa Hamish Falconer late Thursday to discuss enhancing bilateral ties. |
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| Serbia secures $205m loan from Saudi Fund for Development
Serbia has signed a $205 million loan agreement with the Saudi Fund for Development to enhance its agriculture, education, and energy sectors. |
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| ADQ to acquire 96% stake in Turkiye’s Odeabank from Bank Audi Consortium
Abu Dhabi’s investment and holding company, ADQ, has signed an agreement with Bank Audi to purchase 96 percent of the share capital in Odeabank, the Turkish subsidiary of the Lebanese institution. |
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| Saudi Arabia, Italy to deepen partnership in multiple fields, including aerospace, security
Saudi-Italian ties in aerospace, defense, and security are set to strengthen as officials from both nations discuss expanding their long-standing partnership in these sectors. |
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| Saudi-Egypt trade surges 35.16% in H1 2024
Trade between Saudi Arabia and Egypt saw an annual surge of 35.16 percent in the first half of 2024, according to the General Authority of Statistics. |
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| GAMI, GACA sign deal to enable advanced air mobility in Saudi Arabia
Technology supporting vertical take-off and landing aircraft and unmanned planes will be developed in Saudi Arabia thanks to a new agreement between the Kingdom’s military and aviation authorities.
The General Authority for Military Industries has signed a memorandum of understanding with the General Authority of Civil Aviation to develop advanced technologies and boost industrial capabilities in these areas. |
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| Deals worth $28bn across various sectors expected at FII8, says Attias
Deals worth $28 billion are expected to be announced at this year’s Future Investment Initiative, said FII Institute CEO Richard Attias. |
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| Saudi-South African Business Forum sees $25m credit agreement signed to help exporters
A $25 million credit agreement involving the Saudi Export-Import Bank and a major South African financial institution was among the deals struck at a special business forum in Johannesburg. |
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| Shoura Council calls for investment in Saudi higher education, approves international MoUs
The Saudi Shoura Council convened on Tuesday, led by its vice president, Mishaal bin Fahm Al-Sulami, to call for increased investment into the Kingdom’s education sector. |
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| UAE resident left with Dh120,000 debt after husband flees; can travel ban be imposed on spouse?
Dubai resident Sara (name changed on request) decided to end her marriage after seven years. What shocked her the most was when her husband quietly fled the country, leaving her with their two children. When she tried to place a travel ban on him, her attempt was unsuccessful |
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| Saudi Arabia, Philippines ink first energy cooperation agreement
Saudi Arabia and the Philippines have signed their first agreement on energy cooperation, marking a milestone in their bilateral relations and supporting the Kingdom’s sustainability drive. |
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| Kuwait, Hungary discuss boosting cooperation
Kuwait is exploring collaboration with Hungary in information technology, water treatment, and energy, according to a statement from KUNA. Delegations from both countries discussed ways to strengthen bilateral relations during the fifth session of the Kuwaiti-Hungarian Joint Committee for Economic and Technical Cooperation, held in Budapest and chaired by Assistant Undersecretary of the Ministry of Finance Aseel Al-Munifi. |
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| Kingdom arrests 22,993 illegals in one week
Saudi authorities arrested 22,993 people in one week for breaching residency, work and border security regulations, the Saudi Press Agency reported on Saturday. |
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| Interior arrests 165 in major campaign
The Interior Ministry on Thursday launched a major search campaign on Jleeb Al-Shuyoukh, where tens of thousands of expats live, arresting some 165 people for various violations. |
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| KFAED and Children’s Cancer Center ink $2 million deal
The Kuwait Fund for Arab Economic Development (KFAED) signed on Thursday a fifth grant agreement with the Children’s Cancer Center in Lebanon worth two million dollars to contribute to the treatment of Syrian refugee children with cancer there. |
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| Saudi businesses eye opportunities with $2bn in deals amid Pakistan’s economic upturn
Saudi businessmen have expressed hope for successful collaborations in Pakistan, saying the country’s economic stability and improved regulatory framework had made it an attractive investment destination, following the signing of over two dozen deals between companies from both nations. |
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| Saudi Arabia, Oman sign MoU to further strengthen economic ties
Saudi Arabia and Oman have signed a memorandum of understanding aimed at bolstering economic and planning cooperation based on mutual interests. |
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| UAE-Jordan trade projected to reach $8bn after CEPA signing, minister says
Bilateral trade between the UAE and Jordan is projected to increase to $8 billion by 2032, up from $4.2 billion in 2023, following the signing of a Comprehensive Economic Partnership Agreement, said a top official. |
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| Saudi PIF’s Aseer Investment Co. inks deal with private sector to develop tourism project
Saudi Arabia’s Abha city has secured a new investment partnership to boost tourism by developing culturally rich dining and retail experiences. |
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| Deal signed to promote falconry on Hawi platform
Saudi Falcons Club’s CEO Talal Al-Shamaisi, and Khalid Al-Baker, the Quality of Life Program’s CEO, have signed a memorandum of cooperation to support falconry and establish amateur clubs through Hawi, the national hobbies portal. |
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| EVIQ, Ceer partner to enhance Saudi EV infrastructure
Saudi Arabia’s Electric Vehicle Infrastructure Co., EVIQ, has formed a strategic partnership with the Kingdom’s first EV brand, Ceer, to expand the nation’s charging infrastructure and promote sustainability. |
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| Kingdom arrests 22,094 illegals in one week
Saudi authorities arrested 22,094 people in one week for breaching residency, work and border security regulations, the Saudi Press Agency reported on Saturday. |
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| Dubai announces Golden Visa for outstanding private school teachers
Golden Visas will be given to educators who have made outstanding contributions to Dubai's private education sector, Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister, Minister of Defence, and Chairman of Dubai Executive Council announced on Saturday. |
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| UAE: Can employer refuse NOC to employee for joining competitors?
I joined a company in mainland UAE around 6 months ago. Upon completion of the probation period, I was told that the company was not performing well financially, so I was terminated. |
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| UAE: Can new employees ask for bonuses to be included in job contract?
I worked with a firm for nearly 5 years and was acknowledged for my performance. But this acknowledgement was only verbal. I was not awarded financially in terms of increments and promotions. |
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| New taxes in GCC: IMF says region needs to implement wider corporate tax reforms
Tax reforms by the GCC countries are bearing fruits but the oil-producing countries need to widen corporate tax reforms, the International Monetary Fund (IMF) chief said. |
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| Tech Barcelona, Kuwait collaborate to promote technological innovation
Tech Barcelona has signed a collaboration agreement with the Artificial Intelligence Association of Kuwait (AAIOT), represented by its president, Sheikh Mohammad Al-Sabah, a member of the Kuwaiti royal family. |
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| Kuwait, Saudi Arabia to deepen cultural cooperation
Kuwaiti Minister of Information and Culture Abdulrahman Al-Mutairi and Saudi Minister of Culture Prince Badr bin Abdullah signed a memorandum of understanding on Monday aimed at strengthening bilateral cooperation in the cultural sector. |
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| Dubai court rejects $100 million copyright claim, rules in favour of gaming firm
A $100-million claim against an American video game firm was rejected by Dubai's court of Cassation on Monday, a statement showed, in a complex copyright case involving a popular video game. |
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| UAE President declares February 28 as Emirati Day for Education
February 28 will be celebrated as the Emirati Day for Education, President Sheikh Mohamed announced in a post on X. |
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| Saudi Arabia arrests 15,324 illegals in one week
Saudi authorities arrested 15,324 people in one week for breaching residency, work and border security regulations, the Saudi Press Agency reported on Saturday. |
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| MoI explains citizenship rules
The Director of the Citizenship Department at the Ministry of Interior, Colonel Abdulrahman Al-Othman, said the decree-in-law amending some provisions of the Amiri Decree (15/1959) regarding the Kuwaiti nationality came after it was studied from all legal aspects and that it aimed at bolstering “the citizenship principle in line with the state general order. |
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| KSrelief signs deal to support WHO’s humanitarian efforts in Ukraine
Saudi aid agency, KSrelief, has signed a $ 2million cooperation agreement with the World Health Organization (WHO) to support the organization’s humanitarian efforts in Ukraine, state news agency SPA reported. |
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| KSrelief signs deal with WHO to support healthcare in earthquake-hit Syria
Saudi aid agency, KSrelief, signed a $4.7 million cooperation agreement on Friday with the World Health Organization (WHO) to support emergency and specialized health services in earthquake-hit areas in northwestern Syria. |
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| New Zealand, UAE reach trade pact
New Zealand on Thursday reached a trade deal with the UAE, which it said would unlock economic opportunities for exporters and boost supply chains with one of its most important trading partners in the Middle East. |
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| Saudi Arabia, Kazakhstan to expand Arabic language teaching
The King Salman Global Academy for Arabic Language signed a memorandum of understanding with Al-Farabi Kazakh National University in Almaty, Kazakhstan, to promote Arabic. |
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| NBK-Egypt signs protocol to provide equipment for Baheya Hospital
NBK-Egypt signed a cooperation protocol for the fourth time with Baheya Foundation for Early Detection and Treatment of Breast Cancer, to provide equipment for the new Baheya Hospital’s Branch in Sheikh Zayed City |
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| New Dubai law to regulate how residents can help govt enforce rules, prevent violations
A new law in Dubai is set to streamline regulations on the law enforcement capacities that are granted to community members, employees, and organisations tasked with managing public facilities. |
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| KSrelief, UNRWA sign cooperation agreement to strengthen humanitarian efforts
The Saudi aid agency KSrelief signed a cooperation agreement with the UN Relief and Works Agency for Palestine Refugees in the Near East on Monday on the sidelines of the 79th UN General Assembly in New York City. |
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| KSrelief and IOM sign $2.25m agreement to enhance sanitation in Marib
A $2.25m cooperation agreement between KSrelief and the International Organization for Migration will enhance sanitation services for displaced people and their host communities in Yemen’s Marib governorate. |
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| KSrelief, WFP sign $4.5m agreement to help children, mothers in Somalia
Saudi aid agency KSrelief and the World Food Programme have signed a $4.5 million cooperation agreement to help fight malnutrition in drought-affected areas of Somalia. |
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| NBK alerts against online job offer scams promising high salaries
National Bank of Kuwait (NBK) remains steadfast in its dedication to enhancing financial literacy and fostering inclusivity across diverse societal groups. In line with this commitment, the bank actively supports the “Let’s Be Aware” campaign, an initiative launched by the Central Bank of Kuwait (CBK) in partnership with local banks and Kuwait Banking Association (KBA). |
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| KRCS, Sadu Society sign agreement to empower women
The Kuwait Red Crescent Society (KRCS) has signed a memorandum of cooperation with the Al-Sadu Society, aiming to support and promote women’s craft and manual skills through the Sanad Program. |
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| Saudi Arabia arrests 22,716 illegals in one week
Saudi authorities arrested 22,716 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 education, housing agreements for conflict-hit Yemen, Syria
Saudi aid agency KSrelief signed cooperation agreement with civil-society organizations in Yemen and Syria to address critical needs in the war-torn countries. |