Press Dossier   By Date  27/03/2021
Saudi stock exchange opens short selling to all investors
Saudi Arabia’s stock exchange, Tadawul, has widened access to short-selling and stock-lending, while tightening other rules related to the activities.
Saudi Public Transport Authority gives deadline to renew expired licenses
Saudi Public Transport Authority said it will suspend licenses to transport goods that expired before Jan. 2, 2020, if financial guarantees are not submitted by the end of April, Okaz newspaper reported.
Saudi Arabia issues record 91 new industrial licenses in February
Saudi Ministry of Industry and Mineral Resources issued a record 91 new industrial licenses in February, a year-over-year increase of 21 percent, SPA reported.
KBW Ventures CEO Prince Khaled to be part of $15m food innovation challenge
Prince Khaled bin Alwaleed bin Talal Al-Saud, founder and CEO of KBW Ventures, has been announced as a member of the advisory board for the $15 million XPRIZE Feed the Next Billion, which aims to find alternatives to traditional farming and cooking methods.
Abu Dhabi’s biggest hotel group reports pandemic profit decline but outlook improves
Abu Dhabi National Hotels said profit fell 35 percent last year as hotels across the emirate were forced to close due to the pandemic.
Saudi 'Muqawil' platform will keep construction prices competitive
The chief of the main Saudi contractors platform said the Kingdom's 'Muqawil' platform will keep prices in the sector competitive.
Saudi Arabia sees dramatic growth of special needs workers in labor force
Saudi Arabia has made strong progress in integrating workers with special needs into the labor market, increasing their share to 12 percent in 2020 from 7.7 percent in 2017, Al Eqtisadiah reported.
Dahoum’s Assembly membership is ‘null and void’
National Assembly Speaker Marzouq Al-Ghanem said yesterday that the membership of leading opposition MP Bader Al-Dahoum is “null and void” as declared by the constitutional court, and implementing the ruling is obligatory and does not need any voting in the house as demanded by opposition lawmakers.
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