| Up to Dh1 million fine, jail term for destruction of historic, national documents
The UAE Public Prosecution (PP) explained on Tuesday, through a post on its social media accounts, the penalties for the intentional destruction of public, historic and national and private documents. |
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| UAE to waive 50% fines on land transport licence violations
The Ministry of Energy and Infrastructure (MoEI) announced that the UAE Cabinet has approved a decision to waive 50 per cent of fines for violating operating cards renewal and cancellation, as per the Federal Law No. 9 of 2011 concerning land transport. |
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| Can you claim entertainment expenses to calculate taxable profit?
Taxable persons are liable to pay tax on their taxable profits. Some accounting expenses can be claimed to calculate the taxable profits, while others are not. The core objective of disallowing some expenses and allowing others is to ensure the taxable person claims only tax-allowable expenses to arrive at the taxable profits. |
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| Deal signed to promote cultural activities in Jeddah
Officials from the Jeddah Literary Cultural Club and Al-Hijaz Cultural House in the city’s historic Al-Balad district recently signed a cooperation agreement to promote cultural programs. |
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| King Salman issues royal order promoting, appointing 257 judges
King Salman issued on Monday a royal order to promote and appoint 257 judges at the Ministry of Justice at various ranks, Saudi Press Agency reported. |
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| Environmental volunteering initiative to launch in Qassim
Qassim’s Gov. Prince Faisal bin Mishaal witnessed the signing of a cooperation agreement between Qassim University, the Ministry of Environment, Water, and Agriculture, and the National Center for Vegetation Cover Development and Combating Desertification to implement the One Million Environmental Volunteer Hours initiative over three years. |
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| New law allowing foreigners to buy all kind of properties in KSA soon: Top official
Saudi Arabia is planning to relax its property ownership laws for foreigners as the Kingdom eyes attracting investments into the real estate sector as part of its strategy to diversify its economy. |
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| OIC, Burkina Faso sign deal on women’s empowerment, childcare
The Organization of Islamic Cooperation signed an agreement with the government of Burkina Faso to implement a project for women’s empowerment and childcare in areas where there are refugees and displaced people. |
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| 5,000 expats abroad for more than six months lose iqamas
The interior ministry has rejected renewal applications of residency permits of 5,000 expatriates for staying abroad for more than six months, as they submitted their renewal applications online, stating they had to remain abroad due to sickness, family situations and financial inability, among other reasons. |
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| Dubai: Can I legally contest landlord’s eviction notice?
Question: I have been staying in an apartment in Dubai for the last 10 years. I am hearing that we will be served an eviction notice for some reason. Can I legally contest this? If so, how? |
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| UAE Golden Visa: How those with Dh30,000 salary can apply for 10-year residency
Question: If I earn a monthly salary of Dh30,000, am I eligible to get the UAE Golden Visa? Can you please elaborate on other requirements that I need to meet and how to apply? |
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| PAM suspends 16,848 files over violations
The Kuwait Public Authority of Manpower (PAM) announced the suspension of 16,848 files that were found without valid civil addresses, including 22,863 licenses on which 61,688 workers with residence in the country are registered under Article 18. The workers have a one-month grace period to reconcile their legal status. |
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| MoH preparing report to amend medicine fee law
The Health Ministry has prepared a report to be presented to Health Minister Dr Ahmad Al-Awadhi, which includes selling medicine to expatriates at hospitals and clinics instead of paying a fixed KD 5 fee to receive their medicines, even as the report praised the decision to impose higher fees on expatriates for receiving medicine. |
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| UAE: New penalties to come into force when updated consumer protection law kicks in
The UAE’s Ministry of Economy is working on updating federal law No. 15 of 2022 on consumer protection which will have much more details including specific penalties for retailers and other establishments violating the consumers’ rights. |
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| Saudi Aramco, Samsung Electronics sign agreement to expedite Saudi Arabia’s digital transformation
Global energy giant Saudi Aramco has signed a non-binding memorandum of understanding with Samsung Electronics to localize industrial 5G communication networks and facilitate the digital transformation of the Kingdom, according to a press release. |
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| San Marino, Kuwait initial an agreement on investment protection
The governments of the State of Kuwait and the Republic of San Marino signed, in principle, have inked a bilateral agreement to frame common financial and investment aspects within the framework of strengthening and developing excellent bilateral relations. |
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| Barring expats from entering co-ops ‘illegal’
The Consumer Protection Association slammed as illegal decisions made by a number of cooperative societies banning expatriates from entering for shopping and buying products during the holy month of Ramadan under the pretext that a large number of shoppers at co-ops leads to overbuying of Ramadan products sold at discounted prices. |
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| Dh15,000 fine in UAE: Authority issues warning against selling cigarettes to minors
The sale of cigarettes is strictly monitored in the UAE — and these should never land in the hands of buyers under the age of 18. |
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| What you should know about freehold and leasehold properties
I am on the lookout for a property in Dubai, but I am often confused between the terms freehold and lease (hold)? |
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| Empower signs agreement with Sobha Realty
Emirates Central Cooling Systems Corporation PJSC (Empower), the world’s largest district cooling services provider, signed an agreement with Sobha Realty, one of UAE’s leading premium real estate developers, to provide environmentally district cooling services to the developer’s mixed-use projects, most notably the Sobha Hartland master community with a capacity of 17,000 refrigeration tons (RT). |
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| PIF-owned Saudi Real Estate Refinance Co. signs ‘largest-of-its-kind’ deal with Al Rajhi Bank
The Saudi Real Estate Refinance Co., wholly owned by the Public Investment Fund, on Sunday signed an agreement with Al Rajhi Bank to refinance more than worth SR5 billion ($1.33 billion) real estate financing portfolio. |
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| PIF-owned Saudi Investment Recycling to acquire 60% of Masab Plastic Factory
Public Investment Fund-owned Saudi Investment Recycling Co. has signed an agreement to acquire 60 percent of plastic resin manufacturer Masab Plastic Factory Co. |
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| UAE jobs: Part-time work hours, annual leave, gratuity; all you need to know
Can you please explain this model of work called a 'part-time' contract under UAE employment laws? How does it work in terms of working hours, leaves, gratuity, etc? |
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| Can I set up a company or invest in UAE without being physically present in the country?
I am planning to visit Dubai soon and explore some investment opportunities. Is it possible for me to run a business there without being a resident? |
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| UAE Central Bank, Reserve Bank of India to join hands in enabling fintech innovation
The Central Bank of the United Arab Emirates (CBUAE) and the Reserve Bank of India (RBI) signed today a Memorandum of Understanding (MoU) in Abu Dhabi, to enhance cooperation and jointly enable innovation in financial products and services. |
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| Saudi Arabia arrests 16,471 illegals in one week
Saudi authorities arrested 16,471 people in one week for breaching residency, work and border security regulations, according to an official report. |
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| MoH committed to updating healthcare system and protocols
The Ministry of Health has confirmed its commitment to the continuous development of the health system and updating health care policies and protocols in line with the latest global developments. |
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| UIC, Vietnamese delegation discuss means to promote commercial ties
The Union of Investment Companies (UIC) held a meeting with a visiting investment delegation from Vietnam on March 14. The meeting comes within the framework of UIC’s efforts to promote local and international investments and encourage investment opportunities in Vietnam. |
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| Why you should invest in gold in these uncertain times
Is this the right time to invest in cryptocurrencies? What are the pitfalls, more so after the FTX disaster and the banking collapse in the US? |
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| SVB, Signature Bank collapse: Will it affect startups in the UAE?
The abrupt and unexpected collapse of Silicon Valley Bank (SVB) and Signature Bank in the US has sent shockwaves through global markets. However, its impact on the UAE is minimal, experts have said. |
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| PIF-owned ROSHN signs agreements worth $2.1bn to develop its communities
ROSHN, the Saudi real estate developer, signed eight giga contracts worth SR8 billion ($2.1 billion) to develop modern infrastructure and facilities across the several projects it is developing across the Kingdom. |
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| Strategic agreements to facilitate public-private cooperation signed during Arab Aviation Summit in UAE
Three strategic multistakeholder agreements to facilitate public-private cooperation were signed during the 10th Arab Aviation Summit that concluded in the UAE, Emirates News Agency reported on Friday. |
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| stc signs multiple MoUs to boost localization of ICT sector in Saudi Arabia
In a move to increase the production of local content, Saudi telecom service provider stc signed a number of new strategic agreements with domestic companies during the Public Investment Fund's Private Sector Forum held in Riyadh on March 14-15. |
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| UAE passes draft law banning personal advertising for medical professionals
Members of the Federal National Council (FNC) approved a draft law that prohibits medical professionals in the country (except doctors and pharmacists) from publishing any personal advertising materials, or direct or indirect advertisements promoting themselves on any media platform. |
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| Tourism Development Fund signs deal with Al Nahla Group to develop destinations in Saudi Arabia
Tourism in Jeddah, Taif, and Madinah is set to receive a boost after an agreement was struck between the sector’s development fund and Saudi firm Al Nahla Group to create new projects. |
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| King Abdullah Financial District inks 3 MoUs during PIF Private Sector Forum, CEO reveals
King Abdullah Financial District has signed Memorandums of Understanding with Saudi private enterprises in the fields of digital payments, telecommunications, and entertainment during the Public Investment Fund's Private Sector Forum. |
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| Saudia signs deal for 49 787s
Boeing and Saudi Arabian Airlines (Saudia) announced on Tuesday that the national flag carrier will grow its long-haul fleet with the selection of up to 49 787 Dreamliners. |
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| Saudi ministry signs deal with Al-Tai FC over plan to make mosques in Hail region disabled-friendly
The regional office in Hail of the Saudi Ministry of Islamic Affairs, Call and Guidance has signed an agreement with Al-Tai football club relating to plans to refurbish mosques in the region to better accommodate people with disabilities, the Saudi Press Agency reported. |
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| Saudi Arabia and Boeing strike $37bn deal for 121 aircraft
Saudi Arabia has agreed a $37 billion deal with US firm Boeing which will see the company manufacture up to 121 aircraft to help get the Kingdom's new airline off the ground. |
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| PIF signs four agreements to develop Kingdom’s private sector
Saudi Arabia’s Public Investment Fund has signed four agreements with local entities to develop the private sector across several strategic industries in the Kingdom. |
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| Entry, residency, work permits: 10 new e-services now available on one-stop UAE govt portal
Abu Dhabi has announced that its unified services system, TAMM, now hosts its first batch of services. A number of Ministry of Human Resources and Emiratisation (MoHRE) services have been added to the ecosystem, making it the first federal entity to provide its services through TAMM. |
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| UAE: Is it illegal to use VPNs to make free calls?
Question: I am reaching out to you as I am seeing many contradictory reports about my query. Are free calling apps allowed in the UAE? Am I allowed to use VPN for free calling apps? |
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| Saudi FM to Asharq Al-Awsat: Agreement with Iran sign of joint will to resolve disputes through dialogue
Saudi Foreign Minister Prince Faisal bin Farhan bin Abdullah said the Saudi-Iranian agreement to restore diplomatic relations underscores the joint desire by both sides to “resolve disputes through communication and dialogue.” |
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| Saudi Arabia and South Korea deepen trade and economic ties with 10 MoUs
Saudi Arabia and South Korea reviewed ways to enhance cooperation in the fields of entrepreneurship and innovation, as the Kingdom’s Minister of Investment Khalid Al-Falih met with the east Asian country's Minister of Small and Medium Enterprises and Startups Lee Young in Riyadh. |
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| Driving license, inspection rules to be toughened
The traffic department at the interior ministry is preparing new regulations for granting expatriates driving licenses, which will be submitted to the interior minister after the formation of the new government for approval. |
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| UAE: Is it illegal to use VPNs to make free calls?
Question: I am reaching out to you as I am seeing many contradictory reports about my query. Are free calling apps allowed in the UAE? Am I allowed to use VPN for free calling apps? |
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| Biban sees signing of deals worth billions of dollars to propel Saudi SME sector
The Biban 23 Forum witnessed the signing of more than 10 deals and memorandums of understanding worth over SR10.6 billion ($2.8 billion) on its third day, the Saudi Press Agency reported. |
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| Saudi Arabia joins agreement to reduce risks of marine accidents
Saudi Arabia has become the first Arab country to join an agreement to reduce risks of marine disasters and accidents. |
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| Saudi Economy Ministry, Mukatafa sign MoU to help private sector align with Vision 2030
Saudi Arabia’s Ministry of Economy and Planning has partnered with Riyadh-based private consultancy firm Mukatafa to improve the Kingdom's development plans and enable sustainable growth. |
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| 17k held for labor, residency, border violations in KSA
Saudi authorities arrested more than 17,000 people in one week for breaching residency, work and border security regulations, according to an official report. |