Government | Monday 4 March, 2024 9:46 am

REGA lists violations, penalties for real estate contributions law

The Real Estate General Authority offered, on Istitlaa platform, a table for violations and penalties for the real estate contributions law and its executive regulations, for public opinion no later than March 14, 2024.   Through the table, the authority aims to enhance compliance...

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Government | Sunday 3 March, 2024 8:54 am

Minister of Municipal Affairs approves Municipal Licensing Procedures Law

Minister of Municipal, Rural Affairs and Housing, Majid Al-Hogail, approved the Municipal Licensing Procedures Law, Umm Al-Qura newspaper reported on March 1.   This replaces the Executive Regulations of the Municipal Licensing Procedures Law issued on Jan. 30,...

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Government | Saturday 2 March, 2024 1:28 am

Nazaha investigates 288 suspects in February, arrests 126

The Oversight and Anti-Corruption Authority (Nazaha) launched investigations into 3,209 criminal and administrative cases in February.   Nazaha investigated 288 persons and arrested 126 suspects, of whom some were released on bail on being involved in bribery, money laundry and...

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Government | Friday 1 March, 2024 6:58 am

UAE participates in G20 Finance Ministers and Central Bank Governors meeting

The United Arab Emirates, represented by the Ministry of Finance and the Central Bank of the UAE, participated in the first G20 Finance Ministers and Central Bank Governors (FMCBG) meeting under Brazil’s presidency held on 28th and 29th February in São Paulo. The UAE delegation, headed by...

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Government | Thursday 22 February, 2024 1:28 pm

Mohammed bin Rashid visits Emirates NBD headquarters on occasion of bank’s 60th anniversary celebrations

His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, today visited the headquarters of Emirates NBD on the occasion of the bank’s 60th anniversary celebrations.His Highness Sheikh Mohammed was accompanied on his visit by H.H. Sheikh...

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Government | Sunday 18 February, 2024 8:18 am

Saudi Arabia issues executive regulations for real estate contributions law

The Real Estate General Authority (REGA) announced issuing the executive regulations for the real estate contributions law, in coordination with the Capital Market Authority (CMA).   REGA confirmed the possibility of applying for a real estate contributions license through its...

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Government | Saturday 17 February, 2024 3:16 am

SAMA announces Ramadan working hours; Eid Al-Fitr, Eid Al-Adha holidays

The Saudi Central Bank (SAMA) announced today, Fqb 15, the working hours for financial institutions during the holy month of Ramadan, in addition to Eid Al-Fitr and Eid Al-Adha holidays.  Banks will work from 10 am until 4 pm during Ramadan.  Working hours for banks' foreign...

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Government | Saturday 17 February, 2024 3:11 am

HRSD Ministry says Feb. 22 official holiday for public, private sectors

The Ministry of Human Resources and Social Development (HRSD) announced Feb. 22 as an official holiday for the public and private sectors, on the occasion of celebrating the foundation of Saudi Arabia, Saudi Press Agency reported.   On Jan. 27, 2022, King Salman issued a royal...

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Government | Friday 16 February, 2024 12:09 am

UAE participates in 113th Arab Economic and Social Council meeting in Cairo

Abdullah bin Touq Al Marri, Minister of Economy, led the UAE delegation at the 113th Arab Economic and Social Council meeting held at the General Secretariat of the Arab League in Cairo, chaired by the Hashemite Kingdom of Jordan and attended by delegations from member states. The meeting...

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Government | Tuesday 13 February, 2024 4:54 pm

Cabinet allows CMA board members to join govt agencies

Saudi Arabia’s Cabinet, chaired by King Salman bin Abdulaziz Al Saud, approved today, Feb. 13, allowing board members at the Capital Market Authority (CMA), including the chief executive officer, to serve on the boards of other government agencies for two terms maximum.   The...

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