Government | Monday 31 July, 2023 1:22 pm

The Ministry of State for Federal National Council Affairs organises session on ‘Culture of Political Participation’ session in Sharjah

As part of its ongoing efforts to promote political awareness and develop a culture of political participation in the society, the Ministry of State for Federal National Council Affairs (MFNCA) organised a session titled, ‘Culture of Political Participation,’ as part of the sixth edition of the ...

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Government | Monday 31 July, 2023 9:40 am

Saudi GDP grows 1.1% in Q2 2023

Saudi Arabia’s real gross domestic product (GDP) rose 1.1% year-on-year (YoY) in the second quarter of 2023, data issued by the General Authority for Statistics (GASTAT) showed.     Accordingly, the real GDP maintained its growth for the ninth straight...

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Government | Monday 31 July, 2023 9:39 am

UAE to establish federal prosecution entities specialised in economic crimes, money laundering

The Federal Judicial Council, chaired by Abdullah Sultan bin Awad Al Nuaimi, Chairman of the Council, has approved the UAE Attorney General's proposal to establish federal prosecution entities specialised in economic crimes and money laundering. The step aims to develop the UAE's judicial system to ...

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Government | Monday 31 July, 2023 9:36 am

GPSSA launches unified GCC campaign on insurance protection extension system

The General Pension and Social Security Authority (GPSSA) has launched a unified campaign in collaboration with pension and social security authorities across the GCC region. The primary objective of this campaign, as explained by Dr. Maysa Rashed Ghadeer, Government Communications Director at ...

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Government | Sunday 30 July, 2023 12:50 pm

Abu Dhabi Judicial Academy intensifies training against human trafficking crimes

The Abu Dhabi Judicial Academy has intensified its training activities to support efforts combating human trafficking crimes, as part of its multiple rehabilitation programmes. This programme is for judiciary members, Public Prosecution, government case advisors, representatives of legal...

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Government | Sunday 30 July, 2023 9:28 am

Saudi Arabia welcomes G20 achievements to find sustainable solutions to environmental challenges

The Kingdom expressed its appreciation for the accomplishments of the G20 in finding sustainable solutions to environmental challenges and strengthening efforts to tackle land degradation, a significant threat to biodiversity, food security, and climate change adaptation. This acknowledgment was...

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Government | Sunday 30 July, 2023 9:22 am

MoF announces new cabinet decision setting additional conditions for investment funds' exemption from corporate tax

The UAE Ministry of Finance (MoF) today announced Cabinet Decision No. (81) of 2023, outlining additional conditions for Qualifying Investment Funds under the Federal Decree-Law No. (47) of 2022 on the Taxation of Corporations and Businesses. The Cabinet Decision stipulates additional conditions...

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Government | Sunday 30 July, 2023 9:15 am

MoF issues Cabinet Decision on Executive Regulation of New Tax Procedures Law

he UAE Ministry of Finance (MoF) today announced the issuance of Cabinet Decision No. (74) of 2023 on the Executive Regulation of Federal Decree-Law No. (28) of 2022 on Tax Procedures (New Tax Procedures Law).The Cabinet Decision repeals and replaces the existing Executive Regulation on Tax...

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Government | Friday 28 July, 2023 4:50 am

PIF Announces the Establishment of the Saudi Tourism Investment Company “Asfar”

The Public Investment Fund (PIF) announced today the establishment of the Saudi Tourism Investment Company (Asfar or the Company) to support the growth of the country’s tourism sector. The company will invest in new tourism projects and develop attractive destinations with hospitality, tourist...

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Government | Thursday 27 July, 2023 11:50 am

PIF and Oman Investment Authority Sign a Memorandum of Understanding To Expand Investment in the Sultanate of Oman

The Public Investment Fund (PIF) announced today that it has signed a Memorandum of Understanding (MoU) with the Oman Investment Authority (OIA). The MoU is intended to expand cooperation and investment between the two entities, enabling new and promising investments in the Sultanate of Oman’s...

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