Saudi-based private employers will need to pay their Saudi workers a minimum of SAR 5k per month starting 25 April 2027, and SAR 6k a year later in order to count their employment towards the Nitaqat, ...

Iraq looks to the Red Sea for another bypass for its crude exports: Saudi Arabia has approved preliminary plans looking into a pipeline project connecting Iraqi crude to its oil terminals on the Red ...

Atcı, who spent 23 years in tax enforcement, takes over as Ankara seeks answers on alleged stocks manipulation ...

Aramco has completed its purchase of a 49% stake in Humain, investing SAR 9.9 bn (USD 2.6 bn) in a company whose services it plans to use across its own operations, according to a press release. The ...

A couple of weeks ago, Freshfields found itself apologizing “unreservedly” for an email in which Ethan Klingsberg , co-head of its US corporate practice, ...

The African Development Bank (AfDB) has raised MAD 1 bn (c. USD 100 mn) in its first-ever MAD-denominated bond via private placement with qualified investors. The coupon floats against the Moroccan ...

Four years into Saied’s self-reliance doctrine, the bill is landing on the SMEs that make up most of the country’s private employment.

REMEMBER- The move comes as the government pushes to resolve stalled projects. President Abdel Fattah El Sisi directed the formation of a committee in August to inspect delayed real estate projects ...

Good morning, folks. You will read below about three things the government is doing at once right now: selling a slice of a bank, ...

Adnoc may sell its entire 10% stake in global storage operator VTTI, with India’s Adani Group among the suitors, Bloomberg reported, citing people it says are familiar with the matter. VTTI runs ...

The Capital Market Authority (CMA) wants to put Saudi Arabia’s weakest listed companies under a public turnaround regime. Under a draft overhaul (pdf) of the corporate governance rules, out for ...

Global instability reaches an Egyptian business through its costs. Input cost inflation climbed to a three-month high in September, driven by pricier oil, metals, ...