Press Dossier   By Date  03/09/2020
Investors remain optimistic on liquidity of UAE stock markets
UAE financial markets continued their upward trajectory for the second day of their dealings in September, supported by optimism dominating the behaviour of investors, which encouraged them to pump more liquidity, in turn boosting gains of general indices.
Attractive Dubai prices spur virtual property transactions
Attractive property prices in Dubai are increasingly drawing overseas investors in droves, who are willing to snap up a well-priced property quickly even without viewing the property physically and proceeding with the sale from overseas via a remote transfer, market analysts said.
Emirates Digital Wallet to 'Klip' cash usage
Emirates Digital Wallet announced on  its first major step towards eliminating the use of physical cash, as Klip, the UAE's digital cash platform, enters its final round of testing.
5-year retirement visa launched in Dubai
People around the world looking to have a distinct retirement life can start their new chapter in Dubai. Residents or any foreigner aged above 55 years can apply for a five-year retirement visa on http://www.retireindubai.com, it was announced on Wednesday.
SellAnyCar.com expands into Saudi Arabia with plan to create 300 new jobs
SellAnyCar.com, the UAE online auto marketplaces for used car sales, is expanding into Saudi Arabia with the launch of Kayishha.
Saudis boost bank balances despite pandemic
Saudi bank deposits edged up in the second quarter compared to a year earlier according to a report from KPMG.
Govt could eye emergency decree for debt bill
Well-informed sources told Kuwait local daily Al-Rai that the government has placed passing the general debt bill in an emergency decree on top of its priorities if it fails to get it passed by the parliament during the current term due to wrap up by the end of September.
Kuwait oil price drops to $45.83 pb
The price of Kuwaiti oil dropped 28 cents during Tuesday’s trading session to close at $45.83 per barrel (pb) compared with $46.11 pb the day before, Kuwait Petroleum Corporation (KPC) said yesterday.
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