Press Dossier   By Date  03/04/2021
Consumers confident of UAE's recovery in 3-4 months
The UAE has emerged as the most optimistic nation for economic recovery, with consumers mainly driving the revival as they continue to develop more positive spending habits amid the most challenging global crisis in recent memory.
UAE, Saudi Arabia drive regional growth for startup sector
The UAE and Saudi Arabia are seeing the startup sectors booming in the region as young entrepreneurs navigate for futuristic and innovative platforms.
HSBC said to be working on possible IPO of Saudi Arabian Logistics
Saudi Arabian Logistics Co. is working with HSBC Holdings Plc on a potential initial public offering that could happen this year, Bloomberg News reported, citing people familiar with the matter.
Aramco and American Concrete Institute launch nonmetallic building materials center
Saudi Aramco and the American Concrete Institute (ACI) will launch the Center of Excellence for Nonmetallic Building Materials (NEx), to develop and promote the use of nonmetallic materials in the construction sector, the companies said.
Kuwaitization of public sector reaches 77% in 2020
Kuwaitization of the public sector reached almost 77% last year as government employment grew to 420,800, up 11.4 percent since 2016, Al Anba paper reported citing the Central Statistical Bureau.
Saudi energy minister urges continued caution for OPEC+
Prince Abdulaziz bin Salman, Saudi Arabia’s energy minister, urged the OPEC+ producers’ alliance to exercise caution ahead of a key meeting to decide oil output levels for the 23 members over the coming month.
‘Made in Saudi’ to create 1.3 million mining, industrial jobs for Saudis, minister says
The ‘Made in Saudi’ initiative aimed at supporting national products and services will create 1.3 million jobs in the mining and industrials sectors for the country’s citizens, said Minister of Industry and Mineral Resources Bandar Alkhorayef on Wednesday.
Research looks at boosting Saudi jobs in the private sector
The King Abdullah Petroleum Studies and Research Center (KAPSARC) has published a new paper on ways to encourage more Saudi nationals into The labor force.
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