Press Dossier   By Date  16/01/2022
Dubai's Infinity Bridge opens today; 6 traffic diversions for Shindagha Tunnel closure
Dubai's stunning Infinity Bridge has opened to traffic for the first time today, January 16. Consisting of six lanes in each direction, the bridge has an arch shaped like the infinity symbol - which symbolises Dubai’s unlimited ambitions.
Dubai-India flight: UAE regulator investigating aborted Emirates airline take-off
The UAE civil aviation regulator has opened an investigation into an aborted take-off by an Emirates airline passenger jet this month at Dubai airport, the carrier confirmed on Saturday.
Saudi’s Social Insurance office shakes-up stock market investments in 30 companies
The Saudi government agency responsible for social insurance has reorganised its investments in 30 listed companies in a bid to reap greater returns.
All you need to know to get ready for the trading week on Tadawul
Last week, Saudi Arabia’s stock market wrapped up a positive trading week amid heightened investor sentiment, with the main index, TASI, trading above the 12,000 level for the first time in over 15 years.
Saudi developer KEC awards construction contract for Madinah Gate bus station
Saudi developer Knowledge Economic City has awarded a construction contract to build a bus station for its ongoing Madinah Gate development.
Aramco Oil Pipelines investors miss funding goal with $2.5bn bond sale
A group of institutional investors that last year took a stake in Saudi Aramco's oil pipelines network sold $2.5 billion in dual-tranche amortising bonds on Thursday, significantly below the amount sought, a bank document showed, according to Reuters.
Kuwait’s real-estate sector saw price hikes in 2021
Prices of housing real-estates rose last year in Kuwait, where investors focused on Kuwaitis’ residential areas dealing in uninhabited plots of land, capitalizing on government subsidies and transforming residential units into rental houses.
Assembly approves amendments on print, audio-visual laws
Kuwait’s National Assembly on Thursday approved in the second deliberation a draft law to amend some provisions of the print and publishing law. Out of 50 attendees, only one voted against the Law, forty-seven voted for the amendment, while two others declined.
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