Press Dossier   By Date  21/08/2021
UAE: How to own an apartment by paying monthly 'rents'
A few developers in the UAE, mostly in Dubai, are offering rent-to-own schemes as demand and popularity for such projects has grown in recent years, say real estate industry executives.
World Entrepreneurs’ Day: Why the UAE is worth investing in
The UAE has evolved to become an incredibly attractive destination for entrepreneurs from all over the world due to its progressive economy, efficient digital infrastructure, close proximity to the rest of the world, and tax-friendly structures, entrepreneurs have said.
Saudi Arabia looks for free trade agreement with 11 countries in exports push
Saudi Arabia is looking for more trading partners under free trade agreements as the country aims at increasing non-oil exports share in GDP. The kingdom is resuming negotiations for free trade agreements with 11 countries, Okaz paper reported, citing a circular by the Federal of Saudi Chambers (FSC) to all chambers of commerce operating in the Kingdom, based on a directions of the General Authority for Foreign Trade (GAFT).
Saudi crude shipments rose in June hit highest in 2021 on signs of global economic recovery
Saudi Arabia's crude oil exports rose for the second consecutive month in June, their highest level since January 2021, as more countries worldwide showed improvement in economic activities with vaccines roll out.
Kuwaiti finance minister resigns amid cabinet spending cut decision
Kuwaiti Minister of Finance Khalifa Hamada has offered his resignation to the Prime Minister today, Al Qabas paper reported.
Saudi university, digital transformation unit sign deal to activate cutting-edge tech in digital economy
King Abdullah University of Science and Technology has signed a memorandum of understanding with the National Digital Transformation Unit to develop exploratory projects and empower emerging technologies.
Saudi Arabia’s big data, AI industries to hit nearly $900m by 2026
Saudi Arabia’s big data and artificial intelligence (AI) could reach $891.7 million in five years, a new report showed, as the COVID-19 pandemic accelerated the Kingdom’s technology ambitions.
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