Press Dossier   By Date  20/03/2021
Expats facing trial in the UAE hail legal reforms
Expats on trial for acts recently decriminalised in the UAE are feeling a sense of relief while attending the legal proceedings of their cases.
UAE economy to witness full recovery by 2022
The UAE will have a full recovery in 2022 while pivoting to positive growth this year after recording a deep contraction in 2020, the Central Bank of the UAE said on Thursday.
UAE central bank issues new rules for payments systems in country, settling dirhams overseas
The Central Bank of the UAE has issued two new regulations that apply to payment systems operating in the country and payment systems that offer clearing or settlement in dirhams outside the UAE.
‘Several projects’ already launched in wake of new Saudi privatization law
Further details have emerged regarding plans by the Saudi Cabinet to privatize 16 key industries, in a move intending to boost private sector involvement in the development of the Kingdom’s economy.
New Saudi guidelines set for resolution of pandemic-related contractual cases
New rules outlined by Saudi Arabia’s Supreme Court (SC) to help the Kingdom’s judiciary deal with contractual disputes related to the coronavirus disease (COVID-19) pandemic will help spur economic recovery and offer businesses a transparent solution to resolving disagreements.
Saudia raises $3bn to fund aircraft orders
Saudia has signed a financing agreement worth 11.2 billion riyals ($3 billion) to partially finance requirements for aircraft it has ordered, the state airline said on Thursday.
UAE tourism seen as top play by Bank of America as global travel resumes
The UAE could be one of the biggest beneficiaries from a resumption of global travel in the second half of the year according to Bank of America Merrill Lynch.
Page 1 of 1