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Press Dossier   By Date  20/08/2022
Abu Dhabi Securities Exchange tops Arab region in market value increase
The Abu Dhabi Securities Exchange (ADX) was the leading Arab financial market in terms of performance last week, as its index surged by 3.6 per cent, and its market value by 3.03 per cent, according to the Arab Monetary Fund (AMF).
Jail term or fine for residents who risk safety during poor weather conditions
UAE residents who expose themselves and others to dangers posed by poor weather conditions could be jailed for this irresponsible behaviour.
Saudi Arabia, Uzbekistan sign agreement in the energy field
Saudi Arabia’s Ministry of Energy signed a memorandum of understanding with its Uzbek counterpart on August 18, to develop cooperation and exchange information and experiences between both countries, in the energy field, Saudi Press Agency reported.
OPEC chief says blame policymakers, lawmakers for oil price rises
Policymakers, lawmakers and insufficient oil and gas sector investments are to blame for high energy prices, not the Organization for the Petroleum Exporting Countries, the producer group’s new secretary-general, Haitham Al-Ghais, told Reuters on Thursday.
Saudi Jamjoom Pharma to invest $52m in Uzbekistan as it eyes Central Asia expansion
Saudi Arabian pharmaceutical firm Jamjoom Pharma has signed an agreement to invest over $52 million in Uzbekistan, as the firm continues its expansion into the Central Asian region, the company's vice chairman said.
Municipality to be 100% ‘Kuwaitized’ within a year
Minister of State for Municipal Affairs and Minister of State for Communications and Information Technology Affairs Dr Rana Al-Fares sent a memo to the General Manager of the municipality Engineer Ahmad Al-Manfouhi which includes a plan to make the staff at Kuwait Municipality consist of Kuwaiti citizens completely.
Kuwait oil price down USD 1.28 to USD 98.07 pb – KPC
The Kuwaiti crude oil price fell by USD 1.28 to USD 98.07 per barrel on Wednesday, compared with USD 99.35 per barrel the previous day, said the Kuwait Petroleum Corporation (KPC) on Thursday.
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