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Press Dossier   By Date  02/09/2023
UAE: Marriage, divorce, inheritance; personal law for non-Muslims explained
Effective February 1, 2023, UAE Government came up with a new non-Muslim personal law issued vide Federal Decree-Law No. 41/2022. This law specifically deals with civil personal status of non-Muslims in UAE.
Saudi Arabia’s Finance Minister Mohammed Al-Jadaan met with his Singaporean counterpart Lawrence Wong, during a visit to Singapore, the Saudi Press Agency reported on Friday.
Saudi Arabia’s Finance Minister Mohammed Al-Jadaan met with his Singaporean counterpart Lawrence Wong, during a visit to Singapore, the Saudi Press Agency reported on Friday.
Saudi Arabia’s trade balance touches $30.12bn surplus in Q2
Saudi Arabia’s trade balance, representing the difference between the nation’s merchandise exports and imports, reached SR113 billion ($30.12 billion) in the second quarter of 2023, as per recently released government data.
Saudi Arabia to export 100k tons of petrochemicals to India
An agreement was signed at the Asharqia Chamber to export over 100,00 tons of agricultural and industrial sulfur to India and East Asian countries annually, as bilateral investments between the two countries surge to $24 billion.
Saudi Real Estate Development Fund inks deal with Al-Rajhi Bank to spur homeownership
In a move to bolster housing accessibility, Saudi Arabia’s Real Estate Development Fund has inked a strategic financing agreement with Al Rajhi Bank, the Saudi Press Agency reported.
UAE’s non-oil trade hits record high of $337.6bn in H1
Affirming its economic diversification journey, the UAE achieved an all-time high of 1.13 trillion dirhams ($337.6 billion) in non-oil foreign trade during the first half of 2023, representing a 14.4 percent growth compared to the same period a year ago.
GCC to pursue free trade agreements to enhance commerce and investments
Gulf Cooperation Council countries are embarking on a strategic mission to boost their foreign trade prospects and attract substantial investments by sealing multiple free trade agreements, according to its secretary-general.
MENA startups continue to demonstrate growth with $76m raised in August
Startups in the Middle East and North Africa region continue to attract robust investor interest, showcasing sustained vitality in entrepreneurial activity.
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