Government | Tuesday 23 December, 2025 3:21 pm

SAMA issues fees guide for financial institutions’ services

The Saudi Central Bank (SAMA) announced issuing the “Fees Guide for Financial Institutions' Services", which will replace the currently applicable “Banking Tariff" once it enters into force.   This step comes as part of SAMA's supervisory and regulatory role and its ongoing...

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Government | Tuesday 23 December, 2025 12:17 am

Launch of Simplified Protocol Will Ease the Movement of Foreign Yachts between Abu Dhabi and Dubai

In a significant step toward enhancing the UAE’s appeal as a premier maritime destination, foreign yachts in Abu Dhabi and Dubai will now enjoy a streamlined administrative process for travelling between the two emirates. The new consolidated protocol includes mutual recognition of sailing...

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Government | Thursday 18 December, 2025 8:45 am

Cancelling expat levy boosts Saudi industry’s global position: Alkhorayef

The decision to abolish the financial levy imposed on expatriate workers in industrial facilities will enhance the global competitiveness of Saudi industry and expand the reach and penetration of non-oil exports across international markets, said Bandar Alkhorayef, Minister of Industry and Mineral...

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Government | Thursday 18 December, 2025 8:42 am

Saudi Cabinet scraps expat levy for licensed industrial facilities

The Saudi Cabinet, chaired by Crown Prince and Prime Minister Mohammed bin Salman, approved the abolition of fees imposed on expatriate labor in licensed industrial facilities, based on a recommendation submitted by the Council of Economic and Development Affairs (CEDA).   According...

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Government | Thursday 18 December, 2025 8:41 am

RCRC declares results of Tawazoun platform land draw

The Royal Commission for Riyadh City (RCRC) announced today the results of the electronic draw for purchasing residential land through the Real Estate Balance Platform (Tawazoun), following the completion of all procedures related to verifying applicants’ eligibility and reviewing objections...

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Government | Monday 15 December, 2025 9:28 am

Dubai Customs launches project to update its strategic plan 2026–2030

As part of its ongoing efforts to strengthen Dubai’s position as a leading global hub for trade, economy, and government innovation, Dubai Customs announced the launch of its project to update its institutional strategic plan 2026–2030. This initiative reflects the organization’s...

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Government | Monday 15 December, 2025 9:16 am

Violations schedule regulating landlord, tenant relationship approved

The Official Gazette published the classification schedule of violations related to regulatory provisions governing the relationship between landlord and tenant, which was approved by the Council of Ministers. ...

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Government | Sunday 14 December, 2025 7:07 am

Details of draft Financial Oversight Law

The Saudi Cabinet approved the draft Financial Oversight Law.  Financial oversight refers to the policies, procedures, and mechanisms applied by the ministry to entities through the oversight methods stipulated in the law, without encroaching on the jurisdictions of other oversight...

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Government | Saturday 20 September, 2025 5:01 am

HRSD Ministry declares National Day holiday on Sept. 23

Saudi Arabia’s Ministry of Human Resources and Social Development (HRSD) designated Tuesday, Sept. 23, as an official holiday in celebration of the Kingdom's 95th National Day. The holiday will apply to the public, private, and non-profit sectors, according to the Saudi Press Agency...

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Government | Wednesday 10 September, 2025 10:28 pm

Crown Prince: Saudi economic diversification, plan to curb oil reliance on track

Crown Prince Mohammed bin Salman said Saudi Arabia was founded three centuries ago on solid principles rooted in upholding Islamic Shariah, while establishing justice and consultation.   This came as he delivered today, Sept. 10, the annual royal speech on behalf of Custodian of the...

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