Press Dossier   By Date  25/12/2021
UAE flights: Entry suspended for travellers from 4 countries, rules tightened for 2 others
The National Emergency Crisis and Disasters Emergency Management Authority (NCEMA) and the General Civil Aviation Authority (GCAA) have announced the suspension of all inbound flights for national and international carriers and transit passengers from Kenya, Tanzania, Ethiopia, and Nigeria from Saturday, December 25, effective 7.30am.
Live-in relations, long term visas: 8 legal reforms UAE has adopted recently
The UAE has eased a number of rules, of late, that cover a wide spectrum of people in the country. It includes rules on consumption of alcohol, 21+ rating of movies in theatres and relationships of unmarried couples.
Saudi Arabia prepares 100 plants for the fourth industrial revolution
Saudi Arabia is preparing 100 plants to become compatible with the applications of the Fourth Industrial Revolution, better known as 4IR, as the Kingdom seeks to modernize its industrial sectors to benefit from the potential opportunities that the 4IR could offer.
Saudi national debt office completes $33.3bn borrowing plan for 2021
Saudi Arabia's National Debt Management Center said it completed its 2021 borrowing plan exceeding SR125bn ($33.3 billion), according to a statement.
Saudi National Bank launches Kingdom’s first framework for sustainable financing
Saudi National Bank, or SNB, launched on Dec. 23 a framework for sustainable financing, a first for the Kingdom’s banking sector, CNBC Arabia reported.
New 50 dirham polymer banknote is official currency, says UAE Central Bank
The new 50 dirham polymer banknote is official currency and to be used alongside the paper banknote of the same value, the Central Bank of the UAE said.
Banan Real Estate takes control of Al-Aziza Real Estate as it raises stake to 46%
Banan Real Estate Co. announced on Thursday the acquisition of an additional 3.54 percent stake in Al-Aziza Real Estate Development and Investment Co., bringing its ownership to 46.04 percent.
BSF board recommends dividends of $271m for H2 2021; fourfold jump YOY
Banque Saudi Fransi has confirmed its board’s recommendation to issue SR1 billion ($271 million) worth of dividends for the second half of 2021, four times last year’s annual one-time payout of SR0.40.
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