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Press Dossier   By Date  02/02/2023
UAE fuel prices rise: Transport authority announces increase in taxi fares
Ajman Transport, the transport authority for the emirate of Ajman, has announced a change in taxi fares.
CBD net profit surges 25.8% to Dh1.825 billion in 2022
Commercial Bank of Dubai (CBD) has delivered a record net profit of Dh1.825 billion for the year ended December 31 2022, reflecting a year-on-year increase of 25.8 per cent.
KD 3994.9 average monthly salary for Kuwaiti family; KD 939.8 for non-Kuwaiti family
The Kuwaiti family’s average monthly income in 2021 reached an estimated KD 3994.9 without calculating the rental value, posting a 2.2% increase, the Central Statistical Bureau said in a report Tuesday.
MPs ask about Turkey drones, Egypt deposits
MP Abdulkarim Al-Kandari on Monday sent a series of questions about a deal Kuwait recently signed to purchase an unspecified number of drones from Turkey, focusing on transparency and the procedures adopted in the purchase.
Municipal Council approves entrance and exit in Dhajeej
The Municipal Council approved the request of the Public Authority for Roads and Land Transport to create an entrance and exit for the Jaber Al-Ahmad Circuit site in the Dhajeej area from Road (6.5).
Saudi-Oman Investment Forum sees 13 MoUs signed as trade ties deepen
The Saudi-Oman Investment Forum and exhibition beginning in Riyadh on Wednesday discussed various ways and means to enhance long-term economic partnership between the two Gulf states in the investment and industry sectors.
Saudi tourism sector spending surges 93% to hit $49bn in 2022, minister reveals
Saudi Arabia’s tourism spending surged 93 percent in 2022 to hit SR185 billion ($49 billion), up from SR95.6 billion in 2021, as the Kingdom continues to diversify its economy as part of Vision 2030.
PIF signs deal to build indoor vertical farms in Saudi Arabia
Saudi Arabia’s Public Investment Fund has signed a joint venture agreement with US-based AeroFarms to establish a company in Riyadh to build and operate indoor vertical farms in the Kingdom and the wider Middle East and North Africa region.
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