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Press Dossier   By Date  19/01/2023
New UAE rule: Attestation mandatory for import invoices worth Dh10,000 above; violators to face fines
Companies in UAE will soon be subject to a new compliance requirement as they would be required to attest import invoices with a value of Dh10,000 and above by the UAE Ministry of Foreign Affairs and International Cooperation (Mofaic).
Real estate remains a major contributor to D33 agenda
Dubai real estate will be a major contributor to the goals of the Dubai Economic Agenda D33 and attract high net worth individuals and millionaires for investment in one of the growing economic sectors of the emirate, experts say.
Abu Dhabi: Dh20 million initiative launched to reduce 20% electricity consumption in mosques
Abu Dhabi Distribution Company (ADDC) will invest Dh20 million in an energy efficiency initiative to reduce 20 per cent of electricity consumption in mosques.
Saudi Aramco increases access to North America’s largest oil refinery as it launches new US subsidiary
Saudi Aramco’s global trading arm has bought US firm Motiva Trading as it seeks to expand its footprint across North and South America.
400,000 Saudis employed through Hadaf in 2022
Saudi Arabia’s Human Resources Development Fund, also known as Hadaf, helped get 400,000 Saudis jobs in the private sector in 2022 through its various program and initiatives, the Saudi Press Agency reported.
Closing Bell: Saudi bourse sheds 0.18% to end at 10,664
Saudi Arabia’s Tadawul All Share Index on Wednesday fell 18.86 points — or 0.18 percent — to close at 10,664.04.
Amnesty decree published in official gazette
The Amiri amnesty decree was published in the official gazette Kuwait Al-Youm on Wednesday, which means it has become effective and the pardoned people can immediately benefit from it.
Kuwait’s real estate sector could remain stagnant in 2023: Experts
The real estate sector in Kuwait will remain stagnant in 2023 due to lack of interest in private housing, investments, and speculation over land prices, said experts on Wednesday.
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