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SAUDI ARABIA EMARATES BAHRAIN KUWAIT OMAN QATAR

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Press Dossier

By Date

27/04/2025

	Saudi Arabia ramps up mining investment as sector outpaces global peers Saudi Arabia’s mining sector is emerging as a global standout, supported by regulatory reforms, major investment, and a strong pipeline of domestic projects, a new analysis said.
	$1.5bn credit facility positions firm for global expansion, says AviLease CEO Saudi-backed AviLease has closed a $1.5 billion unsecured revolving credit facility to support its international expansion and investment in next-generation, fuel-efficient aircraft.
	Kingdom arrests 19,328 illegals in one week Saudi authorities arrested 19,328 people in one week for breaching residency, work and border security regulations, the Saudi Press Agency reported on Saturday.
	UAE jobs: Etihad Airways to hold career fair for Emiratis on May 22 Etihad Airways, the national airline of the UAE, announced on Friday the launch of its first career fair, in an attempt to connect ambitious Emirati talent with a wide range of career opportunities in aviation and beyond.
	UAE: Lulu Retail’s AGM approves Dh309.8 million dividend The UAE-based retailer Lulu Retail’s Annual General Meeting (AGM) approved a Dh309.8 million dividend for the second half of 2024.
	UAE insurance market expected to witness 20% growth With a projected growth of 10 to 20 per cent in 2025, following a strong 20 per cent expansion in 2024, the UAE’s insurance sector portrays a thriving landscape despite challenges.
	Commercial Bank of Dubai Q1 net profit rises 18.1% Commercial Bank of Dubai (CBD) on Thursday reported a net profit after tax result of Dh828 million for the first quarter of 2025, up 18.1 per cent against the prior comparative period. Strong growth in loans and current and savings accounts (CASA) during Q1 2025 underpinned a sound net interest outcome, which was supported by lower cost of risk that more than offset lower non-funded income and higher expenses.
	Dubai: Will employees pay for visa, hiring costs when resigning during probation? I am currently employed by a mainland company in Dubai and still within my probationary period. I am considering resigning and would like to understand the legal process. Am I allowed to resign during probation, and will the company require me to pay for visa costs or other hiring expenses?

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