Press Dossier   By Date  19/01/2022
High oil prices, muted stock markets push Indian rupee down against UAE dirham R
The Indian rupee declined 12 paise to 74.70 against the US dollar (20.35 against the UAE dirham) in opening trade on Wednesday, as muted Indian equities and elevated crude oil prices weighed on investor sentiments.
Tatweer signs youth wellbeing programme with EMPWR
The government-led Sharjah Capability Development (Tatweer) and ‘Forbes 30 Under 30’-famed Ally Salama’s EMPWR have signed an agreement to launch Wathba, a year-long mental wellbeing and leadership development programme focused on youth.
FAB goes live with Arab Monetary Fund’s Buna system
First Abu Dhabi Bank (FAB) has enhanced regional cross-border payments capabilities by going live with the Arab Monetary Fund’s Buna system.
Permits for drone-related activities suspended until further notice
All no-objection certificates (NOCs) and permits for drone-related activities in Dubai have been suspended “until further notice”.
Saudi, Korean firms sign multiple business deals as countries partner on developing hydrogen economy
Saudi Arabia and South Korea agreed to work together in developing the hydrogen economy, President Moon Jae-in’s office said, after the Korean leader’s meeting with Saudi Crown Prince Mohammed bin Salman.
Saudi PIF plans a green hydrogen project with Korea's Posco and Samsung C&T
Saudi Arabia's Public Investment Fund signed a MoU with Korea's Posco and Samsung C&T to develop a new green hydrogen production plant.
Aramco signs 10 agreements during Saudi-Korean Investment Forum
The Saudi Arabian Oil Company signed one agreement and nine MoUs with leading Korean entities, which aim to advance its downstream strategy and support development of low-carbon energy solutions, while creating new financing options for the company.
Kuwaitis rank 7th among foreigners buying properties in Turkey
Kuwaiti citizens ranked seventh among foreigners who purchased properties in Turkey last year, according to the Turkish Statistical Institute.
Page 1 of 1