Press Dossier   By Date  13/04/2021
Dubai posts Dh24.7 billion FDI, creates 18,325 new jobs
Dubai continued its dominance as a preferred destination of global investors by recording a foreign direct investment (FDI) inflow of Dh24.7 billion into 445 projects, creating an estimated 18,325 new jobs in 2020.
UAE’s first digital community bank receives nod to start operations
The UAE Central Bank has granted licence to Al Maryah Community Bank to launch operations in the country.
Saudi Citizen Account pays $507m in April
Saudi Arabia’s Citizen Account program paid out about SR1.9 billion (about $507 million) in April, Al Arabiya reported. Eligible beneficiaries for the payment reached 10.4 million, the program said in a statement.
Bahrain Bourse expects to attract two more listings, says CEO
Bahrain Bourse is expected to attract two new public offerings this year, its CEO told Asharq Business.
Abu Dhabi Mubadala invested record amount in 2020, eyes aluminum IPO
Abu Dhabi state investor Mubadala invested a record amount in 2020 as it doubled down on growth sectors, and is close to making a decision on the listing of Emirates Global Aluminium, its chief executive said on Monday.
Labor authority promotes e-services
The Public Authority for Manpower (PAM) announced that the electronic service As’hal and the electronic forms for the labor market were launched to automate governmental procedures during the pandemic.
Assembly holds crucial session as political disputes continue
The National Assembly holds a crucial session today amid lingering political crises and an expected confrontation between opposition MPs and the government and Assembly speaker over grilling the prime minister.
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