Kuwait Implements New Tax Law To Curb Evasion

KUWAIT: Kuwait has taken a significant step in reforming its taxation policies with the introduction of a new law aimed at curbing tax evasion and retaining revenues within the country. Scheduled to come into effect on January 1, 2025, the law was endorsed during the cabinet’s weekly meeting at Bayan Palace, chaired by Prime Minister…

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Saudi Arabia hosts Arab Cybersecurity Council event

SAUDI ARABIA: The Kingdom of Saudi Arabia hosted a significant Arab Cybersecurity Council event, gathering high-ranking officials, including ministers, royals, and the Secretary-General of the League of Arab States. The event aimed to strengthen regional cooperation in cybersecurity, addressing pressing challenges while fostering development and integration. Oman was represented by His Excellency Dr. Ali bin…

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Drydocks World Expands Facility to Boost Capabilities

DUBAI: Drydocks World, a leading ship repair and maintenance company, has officially opened a vast 75,000 square meter expansion facility in Dubai, designed to enhance its fabrication capabilities. This multi-million dollar investment aims to increase the company’s fabrication capacity by 40% and yard capacity by 25%, allowing it to handle multiple large-scale projects simultaneously. The…

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Bahrain King’s Visit to Oman Postponed

BAHRAIN: The highly anticipated state visit of His Majesty King Hamad bin Issa Al Khalifa of Bahrain to Oman, initially set for December 24, has been postponed until further notice. The announcement was made by the Diwan of Royal Court in a statement issued on Sunday evening. This visit was expected to strengthen the historical…

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RTA Completes Expansion at Key Dubai Intersection

DUBAI: The Roads and Transport Authority (RTA) in Dubai has successfully completed a crucial expansion project at the intersection of Omar bin Al Khattab Street and Al Maktoum Street. This project spans 500 metres and introduces significant improvements aimed at enhancing traffic flow and reducing congestion in one of the city’s busy areas. The key…

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