| Dubai summit unveils strategic partnerships to drive growth in Mideast’s hospitality sector The first day of the Future Hospitality Summit in Dubai saw the signing of several agreements, underscoring ongoing growth and innovation within the Middle East’s hospitality sector. |
| Kuwait, Egypt explore new labor recruitment mechanism Following a thorough study of the local labor market needs and demographic structure, Kuwait is set to reopen recruitment from Egypt soon, said Egyptian Ambassador to Kuwait Ossama Shaltout. |
| Saudi expat remittances hit 25-month peak to reach $3.44bn Expatriate remittances from Saudi Arabia reached SR12.91 billion ($3.44 billion) in July, reflecting an annual increase of 21 percent, according to the recent data. |
| UAE mandates private firms to reserve board seats for women The UAE has mandated private joint-stock companies to reserve at least one board seat for women, reinforcing the nation’s commitment to gender equality in leadership. |
| Saudi crown prince to deliver annual royal address at Shoura Council on Wednesday Saudi Crown Prince Mohammed bin Salman will deliver an annual royal address to inaugurate the first year of the ninth session of the Shoura Council on Wednesday. |
| Saudi Arabia to develop $3.3bn sports complex with UK tech partnership Saudi Arabia is set to develop a $3.3 billion sports complex through a new partnership between Alpha Jossor Investments and Blockchain Sports Ecosystem, a UK-based tech company. |
| MoI, MoD defend house evictions The interior and defense ministries defended on Monday the withdrawal of hundreds of houses leased to mostly stateless people known as bedoons, saying the action was in line with rules and regulations. |
| Saudi Culture Ministry and General Entertainment Authority highlight Riyadh Season tie-in projects The Saudi Ministry of Culture and the General Entertainment Authority on Wednesday provided a round-up of a series of projects and agreements they said would enhance the quality of life in the Kingdom and help to develop professional capabilities in several sectors. |
| UAE non-oil foreign trade continues to set new milestones: Thani Al Zeyoudi Dr. Thani Bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade, affirmed that the UAE has placed foreign trade at the centre of its economic agenda, recognising its pivotal role in driving industrial output, enhancing the global competitiveness of its products and services, as well as catalysing innovation. |
| Over 38,000 Tamkeen beneficiaries find jobs this year in Saudi Arabia More than 45,000 Tamkeen beneficiaries were helped by the Ministry of Human Resources and Social Development in the first half of 2024, with some 38,000 of those finding employment, reported the Saudi Press Agency. |
| MoI: No transactions without biometrics The interior ministry warned on Tuesday that Kuwaitis and expats who have not submitted their biometrics once the deadline passes will be barred from doing transactions with government bodies. |
| Why small-scale project visas can be problematic After two years of working in Kuwait, assuming she was under regular work visa conditions, Shaimaa Morsi, an expat with a bachelor’s degree in political science, was surprised to find out that her work visa was actually a “small-scale project visa”. |
| New contractors database announced to help deliver Saudi Vision 2030 projects A database rating contractors in the Saudi construction industry is part of a new national strategy designed to help the Kingdom deliver its SR1.2 trillion ($319 billion) Vision 2030 projects. |
| Saudi government agencies boost emerging tech adoption by 10% in 2024 Saudi Arabia’s government agencies have made significant progress in integrating new technologies, showing a 10 percent improvement from the previous year, according to an official report. |
| Saudi industry minister to visit Brazil, Chile to explore lithium production Bandar Alkhorayaf, Saudi Arabia’s mining and industry minister, will visit Brazil and Chile this week, the ministry said on Sunday. |
| New platform for deliberating realty sector’s issues in Sharjah The Sharjah Real Estate Registration Department (RERD) has announced the publication of the second issue of “Sharjah Real Estate” Magazine, which aims to highlight real estate affairs in the emirate in particular, and the United Arab Emirates in general, while also presenting the latest technical innovations related to real estate. |
| UAE, Bermuda to collaborate on government development, modernization The governments of the United Arab Emirates (UAE) and Bermuda have signed a Memorandum of Understanding (MoU) on exchanging knowledge and experiences in the development and modernization of government models. |
| MoF concludes H1 2024 Government Financial Management Awareness Programme The Ministry of Finance has wrapped up its Government Financial Management Awareness Programme for the first half of the year, after offering nine courses attended by over 1,000 employees from 48 federal entities. |
| NBK supports LOYAC’s Permaculture program and initiative in Portugal National Bank of Kuwait (NBK) reaffirms its commitment to sustainable agriculture and community development through its support of LOYAC’s Permaculture Training Program in Portugal. |
| 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). |
| 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. |
| 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. |