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NewsDesk
Kuwait Non-Oil Revenues Increase by 27.5 Percent to KD2.699 Billion
The state's final account showed Kuwait's non-oil revenues rising 27.5 percent to 2.699 billion dinars in the 2024/2025 fiscal year,…
Maaden Closes $1 Billion International Loan Facilities in Debut Syndicated Raise
Saudi Arabian Mining Company closed its first $1 billion international syndicated term loan and revolving credit facilities on August 24…
UAE Central Bank Enforces New Operational Risk Rules for Banks and Lenders
The Central Bank of the UAE brought its Operational Risk Management Regulation into force on September 14, 2026, requiring banks…
Saudi Authority Authorises Licensed Taxis for Cross-Border Trips to Bahrain
Saudi Arabia's Transport General Authority has permitted licensed taxis to carry passengers across the King Fahd Causeway to Bahrain under…
UAE Attracts New Funds Targeting Music and Film Intellectual Property Rights
Two investment platforms selected the UAE as their base in August 2026 to pursue opportunities in entertainment intellectual property, with…
UAE Migrates National Digital Vault to Dedicated Avalanche Network
The UAE's Telecommunications and Digital Government Regulatory Authority announced on September 14, 2026, that it has upgraded the UAEPASS Digital…
Kuwaiti Banks Tighten Expatriate Lending Rules Amid Job Security Fears
Kuwaiti banks have tightened lending criteria for expatriates citing concerns over job security linked to Kuwaitization policies and recent workforce…
Justice Minister Announces Full Judiciary Kuwaitization by 2030 Ahead of Legal Deadline
On September 13, 2026, Kuwait's Minister of Justice announced that the judiciary will achieve complete nationalization by September 2030, three…
Main Capital Partners Sets £189 Million Deal for Tribal Group Education Businesses
Tribal Group plc announced on September 11, 2026, that it agreed to sell its operating businesses including student information systems…
Law Firm Baker McKenzie to Shift Amsterdam Base to Mixed-Use Canyon Tower
Baker McKenzie announced in September 2026 that its Amsterdam office will relocate to The Canyon within the Harmony development on…
UAE Ministry Announces End of Annual Midday Work Ban for Outdoor Labourers
The Ministry of Human Resources and Emiratisation has confirmed that the UAE's annual midday work ban for outdoor employees will…
Kuwait Enacts Comprehensive Law Regulating Drones With Penalties Up to KD5,000
Kuwait published Decree-Law No. 89 of 2026 on September 12, 2026, introducing licensing, registration and security requirements for drones, light…
Iranian Judiciary Seizes Assets of 240 Accused Collaborators With Israel
Iran's judiciary seized properties from 240 individuals accused of collaborating with Israel and other hostile states on Monday, state media…
Riyadh Forum Positions Saudi Arabia to Shape Global AI Ethics Rules
Saudi Arabia opened the UNESCO Global Forum on Artificial Intelligence Ethics in Riyadh on September 14, 2026, as the kingdom…
Oman Postpones Iran-Gulf Talks on Future of Strait of Hormuz
On September 14, 2026, Oman postponed a meeting with Iran and Gulf countries on the management of the blocked Strait…