The Saudi Shura Council called on the Ministry of Industry and Mineral Resources to study developing localization laws through supporting the localization of technical, skill and administrative professions at the ministry. The decision followed the viewpoints and remarks made by the energy and ...
H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive Council, launched the Dubai Economic Leadership Programme, which aims to prepare the next generation of competent Emirati talent to lead Dubai’s vital sectors by enriching them with...
Saudi Arabia is developing an integrated strategy to boost exports to China by facilitating obstacles to exporters, in order to expand the reach of Saudi products to the Asian country and increase the volume of trade exchange, Bandar Alkhorayef, Minister of Industry and Mineral Resources,...
Minister of Finance, Mohammed Al-Jadaan, approved amending some rules for calculating Zakat on financing activities. The financing activities definition was amended to read: “Financing activities mean banks and financing companies licensed by the Saudi Central Bank (SAMA), as...
King Salman bin Abdulaziz remarked that “on the occasion of National Day, the status of this nation among nations is embodied, past, present, and forever.”On his official X account, King Salman prayed to Allah for the preservation of the country’s security,...
A UAE delegation participated in the inaugural meeting between the Gulf Cooperation Council (GCC) Common Market Committee and the Federation of GCC Chambers of Commerce and Industry (FGCC Chambers) at the headquarters of the Advisory Board of the GCC Supreme Council in Muscat, Oman.The meeting...
HE Minister of Economy and Planning said "Vision 2030 – our program of national transformation led by HRH Crown Prince Mohammed bin Salman - aligns powerfully with the SDGs” during his speech at the SDG Summit 2023. HE also highlighted the recently launched Global Water Organization and...
A delegation from Ras Al Khaimah Economic Zone (RAKEZ), led by Group CEO Ramy Jallad, successfully wrapped up its roadshow in China’s Guangdong province to foster deeper ties with local enterprises, prominent trade associations, and key government entities and explore new opportunities for...
Crown Prince Mohammed bin Salman said that Saudi Arabia will be one of the world’s strongest economies. It will rank among the world’s top seven economies globally if it goes on the right track. In an interview with Fox News, the Crown Prince said that Saudi Arabia is working...
The Saudi Cabinet, chaired by King Salman bin Abdulaziz Al Saud, approved a law on selling and leasing off-plan real estate projects. In addition, the Cabinet greenlit several decisions, including amending the Law of Patents, Layout Designs of Integrated Circuits that was...