Saudi Aramco and the Future Work Business Services Company have announced the launch of the Human Resources Platform on Demand called Madd in a bid to enable independent workers and trained professionals to access job opportunities with large companies and entities. The platform aims to contribute to building a sustainable economic system by linking Saudi […]
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Expat trouble: Kuwait deports 9,000 expats in three months
Kuwait has deported over 9,000 expats in the first quarter of 2023 with India topping list of deportees, according to local media reports. From the 9,000 deportees, over 4,000 were female and were involved in criminal and misdemeanour cases. Indian nationals topped the list of deportees followed by Filipinos, Sri Lankans and Egyptians. According to reports, […]
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UAE, Saudi Arabia confirm 4-day Eid weekend for private sector
The UAE and Saudi Arabia have announced a holiday for the private sector and non-profits for Eid Al-Fitr 2023. The Eid Al-Fitr holiday will begin at the end of the working day on Thursday, April 20, for four days. The announcement of the holiday was made by the kingdom’s Ministry of Human Resources and Social Development […]
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Saudi Arabia launches 200 projects across 17 industries
Saudi Arabia’s National Center for Privatisation (NCP) has announced the launch of 200 development projects across 17 sectors. The initiative will provide local and international investors with an opportunity for advanced preparation to ensure their readiness to participate in the projects tendered to the market. Schemes include four airports, seven desalination plants, six wastewater treatment […]
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UAE reveals tax exemption list
UAE’s Ministry of Finance has announced that certain businesses and individuals are exempt from registering for Corporate Tax. The authority issued a Ministerial Decision No. 43 of 2023 on Exception from Tax Registration for the purposes of Federal Decree-Law No. 47 of 2022 on the Taxation of Corporations and Businesses (the “Corporate Tax Law”), in accordance with Article […]
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Kuwait Oil Company awards $76 million oil flow lines contract
Combined Group Contracting has announced in a statement that it has secured a five-year contract worth $76.5 million for oil flow lines project issued from Kuwait Oil Company. The company states that the works includes construction of flow lines and associated works in Umm Niqa And South Ratqa in Kuwait. Headquartered in Kuwait, Combined Group Contracting […]
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Kuwait plans world’s tallest tower ‘Burj Mubarak’ in oil diversification push
Kuwait hopes to diversify its economy by reducing its reliance on oil and expanding its private sector through significant investments across different sectors. The oil rich nation will soon be home to the “world’s tallest tower” – the Burj Mubarak. The one-kilometre tall tower will be the main attraction of Kuwait’s Madinat Al Hareer or Silk […]
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