Sharjah authorities have confirmed that four Asian nationals have been injured in an incident at Khorfakkan Port after falling debris sparked a fire. A Nepali national was severely wounded, while three Pakistanis sustained minor injuries following a successful interception by UAE air defence systems.
Saudi Real Estate General Authority (REGA) has announced the launch of a new national platform - Saudi Properties - that will handle all real estate ownership deals of expats. This comes ahead of the Non-Saudi Property Ownership Law being implemented in mid-January 2026.
In a landmark move, the Saudi cabinet, chaired by HRH Crown Prince Mohammed bin Salman, has announced the cancellation of the fees imposed on expatriate labour in industrial facilities, reported SPA. This decision reflects the kingdom’s leadership's ongoing support for the industrial sector.
In a major move, Kuwait has allowed listed shareholding companies, property funds and investment portfolios with foreign ownership to buy real estate in the country. However, these firms won't be able to purchase land used for private housing.
Saudi Arabia’s Real Estate General Authority has announced that the new laws allowing foreign companies as well as expats to own a wider range of local real estate assets have officially come into effect. With this, all provisions are now enforceable under the national real estate framework.
