Press Dossier   By Date  07/09/2021
Adnoc Drilling to float 7.5% stake on Abu Dhabi Stock Exchange
Adnoc Drilling Co, the largest national drilling company in the Middle East by rig fleet size, plans to sell a 7.5 per cent stake through an initial public offering (IPO) and list its shares on the Abu Dhabi Securities Exchange.
Reportage sales exceed Dh1 billion in 8 months of 2021
Reportage Properties on Monday said its sales surged 105 per cent this year as the prices rose due to increase in demand from the investors worldwide.
Investments of foreign non-founding investors in Tadawul hits 20-month high
Investment of foreign non-founding investors in Saudi Arabia’s main stock exchange Tadawul increased to 2.44 percent or SR239 billion in the week ending Sept. 2, compared to 2.42 percent in the previous week.
Saudization programs to create 213,000 jobs in 2021, says minister
Saudization programs aim to create 213,000 jobs for Saudis during the year 2021, Minister of Human Resources and Social Development Ahmed Al-Rajhi said during a meeting with businessmen and members of the Chamber of Commerce in Al-Jouf region.
UAE economy to grow 10% over the next decade, says Minister
The UAE economy, built over a period of 50 years, has the potential for growth of more than 10 percent in the next ten years, Minister of Economy Abdulla bin Touq said.
Saudi Railway, SABIC sign 25-year deal to transport polymer
The Saudi Railway Co. and the Saudi Basic Industries Corp. on Monday signed a 25-year deal for the transportation of polymers.
Emaar Economic City signs deal with Saudi Exports to support 'Made in Saudi' program
The Saudi Exports signed on Monday a memorandum of cooperation with Emaar Economic City, the developer of King Abdullah Economic City, to support it in achieving the strategic goals of its "Made in Saudi" program, SPA reported.
UAE allocates $2.6bn for industrial, technology projects, says official
The UAE seeks to raise the national added value from AED33 billion ($8.9 billion) to AED55 billion by 2025, Omar Al-Suwaidi, the undersecretary at the Ministry of Industry and Advanced Technology, told CNBC Arabia.
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