Author: Arabian Media staff
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Image credit: Getty Images The Financial Services Authority (FSA) in Oman has reaffirmed that no insurance company in Oman has been granted approval to increase vehicle insurance premiums. The regulator warned it will take firm legal action against companies that do not comply with the officially approved pricing. The FSA emphasised that any deviation from approved premiums constitutes a violation of the regulatory framework and principles of fair competition. Such actions undermine consumer protection and the stability of the insurance market, the Authority said, according to a report by the Oman Observer. Read-New rule for businesses in Oman: Here’s what…
Image credit: Getty Images The Riyadh Parking Project has introduced the first phase of managed unpaid parking in residential neighborhoods, marking a significant step toward organising public parking and reducing traffic congestion. This move aims to prevent vehicles from commercial streets spilling into nearby residential areas, enhancing the quality of life for residents. Building on the success of paid parking zones in commercial districts, the project now regulates residential parking through digital permits issued via the Riyadh Parking app. These permits allow residents and their visitors to park conveniently while curbing unregulated parking that often causes inconvenience. The pilot phase…
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Developed in Dubai, Tax Star is the UAE’s first corporate tax software to harness artificial intelligence, designed to help accountancy firms and in-house finance teams save time, avoid penalties, and manage more clients without increasing headcount. Built to address the complexities of the new UAE corporate tax regime, it is adept at handling varied tax rates, exemptions, and allowances. Created by accountants for accountants, Tax Star integrates seamlessly with existing systems to automate daily tasks. After more than 18 months in development, it combines smart tax calculation, compliance tracking, client approvals, document storage, and multiple integrations in a single platform.…
Image credit: Dubai Media Office/Website Emirates Airline has announced new safety regulations banning the use of power banks onboard its flights, effective October 1, 2025. While passengers will still be allowed to carry a single power bank that meets specific conditions, the devices cannot be used during the flight, either to charge personal electronics or to be recharged via the aircraft’s power supply. Read-Recall alert: Why Saudi pulled over 88,000 Anker power banks A power bank is a portable rechargeable device designed to provide power to smartphones, tablets, laptops, cameras, and other electronic gadgets, a Dubai Media Office report said.…
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