Press Dossier   By Date  20/01/2021
Expat gets life sentence for dealing drugs
A $480 million fund to build a luxury resort at King Abdullah Economic City (KAEC) has been launched.
UAE looks set for V-shaped economic recovery in 2021
The UAE economy is expected a V-shaped recovery this year due to strong rebound in tourism and oil prices as well as its strong links to emerging markets that will help return to the growth path, says a latest report.
Time to buy? Dubai property sales on an upswing, despite Covid-19 woes
Dubai has been registering an uptick in property sales transactions in the last six months.
Telecom stocks power UAE gains; Saudi declines
Markets in the UAE finished stronger on Tuesday, powered by the country’s telecoms firms, which surged on the prospect non-UAE nationals’ shareholdings could rise.
Saudi Arabia appointed chair of World Bank audit committee
Members of the World Bank Group (WBG) executive board have unanimously selected Saudi representative Abdulmuhsen Al-Khalaf as chair of the group’s audit committee.
Saudi Arabia tops 2020 list of UAE export markets
Saudi Arabia was the UAE’s top export market last year, with exports and re-exports from the emirates to the Kingdom amounting to 73.58 billion UAE dirhams ($20.04 billion) during the first nine months of 2020.
Record 180,000 expats without visas in Kuwait
As inspection campaigns are no longer carried out, the number of residency violators in the country has reached a record of 180,000, Al-Rai Arabic daily reported yesterday.
Amir meets officials ahead of forming new government
His Highness the Amir Sheikh Nawaf Al-Ahmad Al-Jaber Al-Sabah received yesterday at Bayan Palace National Assembly Speaker Marzouq Ali Al-Ghanem within the framework of consultations to form the new government.
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