Press Dossier   By Date  19/08/2021
Dubai: Emirates to reinstate some allowances, perks of employees
Dubai's flagship airline Emirates will reinstate a number of facilities that were offered to its employees prior to the Covid-19 pandemic, including increasing salaries and introduction of concessional tickets as the aviation sector recovers from the pandemic.
UAE consumers will switch retailers over delays in completing online transactions
A significant number of shoppers across the UAE have said that they are perfectly willing to switch to another shopping website if there is a delay in completing their online purchase, new research has shown.
New guidance to registered hawala providers and licenced financial institutions
The Central Bank of the UAE (CBUAE) has issued a new guidance on anti-money laundering and combatting the financing of terrorism (AML/CFT) to registered hawala providers (RHP) and licenced financial institutions (LFIs) providing services to RHP.
Network International H1 revenue up 16.5% to $156.4 million
Network International on Wednesday beat expectations with a 16.5 per cent rise in first-half revenue as its merchant solutions business and main markets continued to recover from the pandemic.
Saudi Arabia closes $3bn August sukuk program
The National Debt Management Center has closed the August 2021 issuance under the Saudi Arabian Government SAR-denominated Sukuk Program. The size was set at SR11.358 billion ($3 billion), NDMC said in a statement on Tuesday.
Saudi Exports Development Authority pushes local companies to bid in international tenders
The Saudi Exports Development Authority (SEDA) will identify over 120 international tendering opportunities in a number of target countries, mainly covering construction and industrial supplies and infrastructure projects, SPA reported.
Saudi Arabia one of the first countries to accept IATA Travel Pass
Saudi Arabia will accept the International Air Transport Association’s Travel Pass for verification of COVID-19 test results for departing and arriving passengers from Sept. 30. Eventually it will also be accepted as confirmation of vaccination status.
Cabinet OKs direct flights with six nations, airport capacity boosted
The Cabinet yesterday decided to resume direct commercial flights with Bangladesh, Egypt, India, Nepal, Pakistan and Sri Lanka, whose nationals make up some 70 percent of residents in Kuwait, after months of suspension because of the coronavirus pandemic.
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