Press Dossier   By Date  18/01/2021
Dubai's jewellery trade braces for 'corrections'
After navigating the disruptions caused by the pandemic, Dubai’s resilient gold and jewellery trade is undergoing “a healthy correction” phase with major retailers reducing the number of outlets, in particular low-yielding stores in their network.
New Abu Dhabi entity to accelerate UAE hydrogen economy drive
Abu Dhabi’s drive to build a substantial green hydrogen economy in the UAE received a major fillip with Mubadala Investment Company, the Abu Dhabi National Oil Company and ADQ announcing on Sunday the signing of a Memorandum of Understanding to establish the Abu Dhabi Hydrogen Alliance.
Alkhabeer Income Fund to debut on Tadawul on Jan. 19
The Saudi Stock Exchange (Tadawul) announced that Alkhabeer Diversified Income Traded Fund will be listed as a closed-ended investment traded fund on the main market, and units will begin trading on Tuesday, Jan. 19, 2021, according to a bourse filing.
Swissport expands further into Saudi Arabia
Swissport has signed an agreement to manage airport ground handling services in Saudi Arabia for the Air France-KLM Group until 2025.
Expo 2020 gets go-ahead as signature pavilion opens doors
Expo 2020, the long-awaited World Expo hosted by Dubai in the United Arab Emirates, originally scheduled for Oct. 20, 2020 through Apr. 10, 2021, is now taking the first steps towards opening to the public, despite rising coronavirus cases around the globe and in the UAE.
Ataa Educational grants discounts on tuition fees in Saudi Arabia
The Ataa Educational Company announced on Sunday that its board of directors has decided to grant special discounts on tuition fees for the second semester of the 2020-2021 academic year.
Committee approves law banning raising charges
The National Assembly’s legal and legislative committee yesterday cleared a draft law banning the government from raising charges on public services without the prior approval of the Assembly.
Interior Minister orders probe into Kuwait waters infiltration incident
Kuwait’s Minister of Interior Sheikh Thamer Ali Sabah Al-Salem Al-Sabah ordered the formation of an investigation committee to look into the infiltration incident that took place from the sea side in the Abdullah port chalets area recently, and to determine the merits of the case and how they entered the regional waters.
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