Press Dossier   By Date  23/03/2021
UAE set for giant industrial leap under 'Operation Dh300 billion'
The UAE on Monday unveiled an ambitious blueprint to position the economy as a global hub for future industries in 10 years.
ABB technology to power world’s largest seawater desalination project
ABB technology is being used to build the world’s largest desalination plant in Taweelah, Abu Dhabi, United Arab Emirates. The $500 million development will have the capacity to process over 900,000 cubic meters of seawater per day, enough to meet the demands of over 350,000 households.
Digital-savvy small businesses upbeat on a swift rebound
Three out of four small businesses in the UAE are optimistic about a recovery in 2021 from the pandemic-induced slowdown, according to a new study by Visa.
Rights body signs MoU to protect workers’ rights in Saudi Arabia
Saudi Arabia’s Human Rights Commission (HRC) and the Saudi National Committee of Workers’ Committees on Monday signed a memorandum of understanding to increase coordination to protect workers’ rights and combat human trafficking.
Saudi transport ministry reveals major road projects in online forum
A number of new Saudi transportation projects have been announced on the first day of the Future Projects Forum hosted by the Saudi Contractors Authority.
UAE reveals $81bn industrialization plan
The UAE aims to increase its industrial revenues to 300 billion dirhams ($81.68 billion) over 10 years.
Saudi Arabia to spend $719m on new courts across the Kingdom
Saudi Arabia’s Ministry of Justice confirmed a plan to build new courts in Jeddah, Riyadh and Makkah at cost of SR2.7 billion ($719 million), Al Arabiya reported on Monday.
Al Rajhi REIT Fund profit falls amid pandemic property slump
Saudi Arabia’s Al Rajhi REIT Fund said profit fell 78 percent to SR12.5 million ($3.33 million) last year because of impairments on investments.
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