Press Dossier   By Date  01/01/2022
Businesses in UAE gear up to welcome innovative 2022
Businesses in the UAE are all set for welcoming 2022, equipped to strive forward as new trends unfold. Thankfully, the robust digital adoption in the nation has ensured that the work will continue and remain uninterrupted. The new 4 1/2-day work week — Monday to Friday — starting from January 2022 will help the businesses to align with global markets and will help boost productivity.
UAE: Exchange house fined Dh600,000 for illegally transporting cash, risking employees' lives
The Central Bank of the UAE (CBUAE) has imposed a financial sanction on an exchange house operating in the UAE, pursuant to the Decretal Federal Law no.14 of 2018 regarding the Central Bank and Organisation of Financial Institutions and Activities, as amended by Decretal Federal Law no. 25 of 2020.
Saudi Central Bank to use Bloomberg auction system from January 2022
The Saudi Central Bank, also known as SAMA, will start using Bloomberg’s auction system for repo, reverse rep, and open market operations from January 2022.
Saudi stock market ends 2021 with highest jump in 14 years despite omicron worries
The Saudi exchange has concluded the final trading session of the year with its TASI index hitting the highest annual leap in 14 years, amounting to 30 percent, amid an unending series of pandemic-driven volatility.
Saudi Arabia plans to generate over 15,000GW/h from renewables by 2024
Saudi Arabia plans to generate 15109 gigawatt hours of electricity from renewable sources by 2024, supplying 692,557 houses with energy, the Kingdom's Gastat said on its website.
National Investment Strategy essential for Vision 2030 attainment, King Salman says
The National Investment Strategy, launched by the Crown Prince Mohammed bin Salman last October, is one of the most important pillars to achieve Vision 2030, according to King Salman bin Abdulaziz.
Jouf governor, Islamic Affairs minister witness signing of renewable energy deal
Jouf Governor Prince Faisal bin Nawaf bin Abdulaziz met with Minister of Islamic Affairs, Dawah and Guidance Sheikh Abdullatif Al-Asheikh on Thursday.
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