| Dubai’s entities collaborate for Dubai Economic Agenda goals
Dubai Customs welcomed a high-level delegation from Dubai Chambers, where they discussed ways to collaborate towards achieving the goals of the Dubai Economic Agenda. |
|
| Oman’s non-oil sector drives GDP to $27bn in Q1 2024
A rise in Oman’s non-oil activities boosted the country’s gross domestic product by 0.8 percent year-on-year to 10.45 billion Omani rials ($27.15 billion) in the first quarter of 2024. |
|
| Abu Dhabi to launch platform for petroleum companies
The Petroleum Products Trading Regulatory Committee in Abu Dhabi continues its efforts to enhance security and safety measures in the Emirate, ensuring that operators and stakeholders adhere to federal and local regulations and decisions. |
|
| Saudi-Canadian business council established amid economic revival following five-year suspension
Saudi Chambers of Commerce has announced the final formation of the Saudi-Canadian Business Council for its new term (1445-1449). |
|
| Unique partners with OPT for unmanned vehicle services in Middle East
Unique Group, a global innovator in subsea technologies and engineering, has announced its partnership with Ocean Power Technologies, a leader in innovative and cost-effective low-carbon marine power, data and service solutions, to deploy its existing WAM-V Unmanned Surface Vehicles in the UAE and other countries in GCC region. |
|
| PIF’s SAMI inks 3 deals with Turkish defense firms
RIYADH: Saudi Arabian Military Industries inked three agreements with Turkish firms to localize defense businesses in the Kingdom’s aviation, space and technology fields. |
|
| Adnoc signs $3bn green financing deal with Japanese bank
Abu Dhabi National Oil Company (Adnoc) has signed a general agreement with the Japan Bank for International Cooperation (JBIC) for a $3 billion green financing facility. |
|
| Abu Dhabi to expand office space as occupancy rates surpass 95% due to hedge funds
Hedge funds flocking to Abu Dhabi have pushed office occupancy rates over 95 percent, prompting a call for an increase in business-centric real estate. |
|
| Kuwait supports women, widows
Acting undersecretary of the Ministry of Social Affairs, Dr Khalid Al-Ajmi, confirmed on Tuesday that Kuwait is one of the distinguished countries in the application of charters and laws related to women’s rights, especially widows. |
|
| Saudi Arabia to turn 3m tonnes of waste into fuel annually with new management project
Saudi Arabia is set to process approximately 3 million tonnes of municipal solid waste annually to produce refuse-derived fuels in six governorates following a new agreement. |
|
| Security boosted in all domains
First Deputy Prime Minister, Minister of Defense and Minister of Interior Sheikh Fahad Al-Yousef Al-Sabah affirmed Wednesday the political leadership’s will to develop the capabilities of Kuwait’s armed forces across the board. Sheikh Fahad’s statements were made during a ceremony to take the delivery of two Caracal helicopters at Kuwait International Airport. |
|
| Saudi mining bodies among winners in 5th exploration licensing round
Six mining companies have been approved to explore various sites across Saudi Arabia, as the Kingdom pushes ahead with growing the sector. |
|
| Nearly half of UAE employers say expats flocking to country without job in hand
Nearly half – 49 per cent – of UAE employers say that many expatriates flocking to the UAE are immigrating without a job in hand, according to a new study released by recruitment firm Robert Half on Tuesday. |
|
| Saudi Arabia launches world’s largest renewable energy geographic survey
The world’s largest renewable energy survey will take place in Saudi Arabia, it has been announced – with the installation of 1,200 measuring stations. |
|
| Middle East has 1,400 GW of offshore wind potential: GWEC
Significant investment is needed to unlock the potential 1,400 gigawatts of offshore wind energy in the Middle East and North Africa, an analysis has found. |
|
| Power woes persist in Kuwait
Malfunctions at the main power transformer in Khaldiya caused power cuts in parts of block 3 in the area Saturday, the Ministry of Electricity, Water and Renewable Energy said. |
|
| Kuwait faces power crunch
The ministry of electricity and water and renewable energy resorted to programmed power cuts on Thursday for the second day running as government departments took a number of precautionary measures to save energy. |
|
| Kuwait hajj mission chief urges adhering to Saudi laws
Chief of Kuwaiti pilgrimage mission Dr Bader Al-Mutairi stressed on Sunday the need to adhere to the special systems and laws in the Kingdom of Saudi Arabia. |
|
| Municipal Council nominates, honors committee members
The Municipal Council, in its first extraordinary session of the third session of the thirteenth legislative term on Sunday, chaired by Abdullah Al-Mehri, honored all members of the main and sub-committees. |
|
| Kuwait keen on empowering youth
Amiri Diwan advisor Sheikh Faisal Humoud Al-Sabah said that the political leadership is keen on empowering youth, who are considered national wealth and the foundation for the advancement of societies. |
|
| Foreign ministers chair Saudi-Kuwaiti Coordination Council meeting
The foreign ministers of Saudi Arabia and Kuwait chaired the second Saudi-Kuwaiti Coordination Council meeting on Monday, Saudi Press Agency reported. |
|
| Kuwait’s First Deputy PM lauds security cooperation with Egypt
The First Deputy Prime Minister and Minister of Defense and Interior, Sheikh Fahad Al-Yousef Saud Al-Sabah, commended on Sunday the security collaboration between Egypt and Kuwait’s Ministries of Interior. |
|
| Public works begins offering digital services
The Ministry of Public Works announced Saturday that it launched its first service to be offered through the “Sahel” app. Citizens can now submit an application through the app for the delivery of treated water to agricultural lands they own in both Wafra and Abdali. |
|
| PAM measures to streamline labor market
The Public Authority of Manpower (PAM) continues its efforts to regulate the marketplace and bring labor from abroad, sources said. An expert committee comprising representatives from PAM, Interior, Foreign and Higher Education ministries, Kuwait University and specialized NGOs, has been entrusted with the task. |
|
| Saudi Arabia transforms SWCC into water authority to boost security
Saudi Arabia’s efforts to bolster its water security received a significant boost with the restructuring of the Saline Water Conversion Corp. into the Saudi Water Authority. |
|
| Alvarez & Marsal opens regional headquarters in Riyadh
Underscoring international confidence in the Saudi economy, global consulting firm Alvarez & Marsal has become yet another company to have opened its regional headquarters in Riyadh. |
|
| HR development fund helps another 74k Saudis get private sector jobs, figures show
Almost 74,000 Saudi nationals received help securing private sector jobs in the first quarter of 2024 by the Kingdom’s Human Resources Development Fund. |
|
| Curbs on overseas hiring eased
The Public Authority of Manpower announced on Thursday the reopening of recruitment of expat manpower from outside the country from June 1 in a move aimed at reducing the cost of labor in the domestic market and fighting trafficking in persons. |
|
| Zain KSA introduces first 100% Saudi-made fleet tracking solution for businesses
Saudi telecom provider Zain KSA has become the first operator in the Kingdom to offer a 100 percent locally made fleet tracking system for businesses. |
|
| Manpower receives 137 job seekers
As part of its efforts to create job opportunities, the Public Authority for Manpower (PAM) in cooperation with the Ministry of Health and the Public Authority for Youth, received job seekers at the Authority’s main building in Riggae. |
|
| Saudi Arabia a beacon for female entrepreneurship, according to industry leaders
Saudi Arabia is witnessing a significant surge in female entrepreneurship, positioning the Kingdom as a global leader in women-led small and medium-sized enterprises. |
|
| Saudi Arabia invites global firms to join mining exploration program
The Saudi mineral sector is poised for expansion with the introduction of the Mining Exploration Enablement Program, inviting global firms and explorers to participate in the initiative. |
|
| NBK intensifies awareness campaign, warns customers of scams when donating online
Underscoring its active participation in enhancing financial awareness and inclusion among all segments of society, National Bank of Kuwait (NBK) continues to promote the “Let’s Be Aware” campaign launched by the Central Bank of Kuwait, in collaboration with local banks and Kuwait Banking Association (KBA). |
|
| GCC unveils its vision for regional security
Secretary-General of the Gulf Cooperation Council (GCC), Jasem Al-Budaiwi has unveiled a strategic vision for protecting the security, peace, and prosperity of the countries in the Arabian Gulf region. |
|
| Council of Economic and Development Affairs reviews local, global issues
Local and global advances and public agencies’ performance were in focus during a virtual meeting held by Saudi Arabia’s Council of Economic and Development Affairs. |
|
| Saudi private sector employment soars with over 1m new hires
More than 1 million employees joined Saudi Arabia’s private sector in 2023, marking an 11.5 percent increase compared to 2022, according to new data. |
|
| Court to rule on barring candidates March 20 and 21
The administrative court on Monday said it will issue its verdicts on decisions by the elections committee to bar some candidates from running in the April 4 elections on March 20 and 21. The elections committee has disqualified 14 candidates from contesting the snap polls, saying they do not fulfil all conditions to become candidates. |
|
| CSC nominates 1,270 for jobs
The Civil Service Commission (CSC) announced on Monday the nomination of 1,270 citizens for the new batch of candidates to work in government agencies registered with the commission and wishing to work in ministries and state institutions. |
|
| Saudi Arabia’s King Salman allocates $800m to social security recipients during Ramadan
Saudi Arabia’s King Salman has ordered the distribution of more than SR3 billion ($800 million) in Ramadan assistance to social security recipients, the Saudi Press Agency reported on Sunday. |
|
| UAE: Dh800 million 'endowment' tower on SZR to contribute towards providing food safety across globe
A tower worth Dh800 million in Dubai is expected to contribute towards endowment assets and achieve the highest returns to help provide a food safety net for tens of millions of people around the world. |
|
| Saudi Arabia’s new visa program part of efforts to boost education sector
Saudi Arabia has announced a new educational visa program to attract students and academics to the Kingdom to boost its research and educational sectors. |
|
| Gulf Bank launches second phase of environmental sustainability initiative
Following the specified timeline, Gulf Bank has launched the “A Step Towards Change” environmental sustainability initiative, aimed at shifting societal habits by promoting the use of reusable bags, in partnership with Al-Shamiya and Al-Shuwaikh cooperative society. |
|
| Saudi Defense Ministry signs 17 deals to bolster defenses
RIYADH: A package of deals was signed by Saudi Arabia’s Ministry of Defense with local and global companies at the World Defense Show in Riyadh. |
|
| South Korea seeks to deepen defense ties with Saudi Arabia
SEOUL: Saudi Arabia and South Korea signed a preliminary agreement to expand defense cooperation, Seoul’s arms procurement agency has said as the East Asian country looks to broaden its arms export market. |
|
| Defense Space Arena becomes key highlight of WDS
RIYADH: The World Defense Show 2024 opened its doors to visitors on Monday who took keen interest in the state-of-the art equipment and defense technology on display. |
|
| Saudi Arabia in prime position to become global leader in AI regulation, expert says
Saudi Arabia is well placed to become a global leader in the regulation of artificial intelligence by initiating the discussions that will help craft a consensus on how such rules should operate, an expert on the emerging technology said. |
|
| Saudi Arabia, Kenya discuss energy cooperation
Trade collaboration between Saudi Arabia and Kenya is poised to strengthen as energy ministers met in Riyadh to discuss various topics, including the “Empower Africa” initiative. |
|
| Bahrain hosts global assembly for sustainable digital growth
Global cooperation will be in focus as Bahrain hosts top officials from the member states of the Digital Cooperation Organization, addressing challenges in the sector for sustainable growth. |
|
| NBK warns customers of storing sensitive info on smartphones
As part of its consistent efforts to promote financial culture and awareness among all segments of society, National Bank of Kuwait (NBK) continues to advocate the “Let’s Be Aware” banking awareness campaign introduced by the Central Bank of Kuwait, in cooperation with Kuwait Banking Association (KBA). |
|
| UAE work visas: Some firms told to ensure diverse nationalities when hiring
Some companies in the UAE have been unable to procure work visas for potential employees of certain South Asian nationalities. When companies with an overwhelming number of employees from a particular nationality apply for new visas for people of the same nationality, a message from the authorities pops up, asking them to “achieve demographic diversity while hiring”. |