Press Dossier   By Date  22/08/2022
UAE: How to check if you have a travel ban
If you have missed out on loan or credit card payments, it may be a good idea to check if a travel ban has been imposed on you. Such bans may be imposed over outstanding liabilities, criminal cases, disputes or violation of immigration laws.
Sheikh Mohammed issues law affiliating Dubai Media Inc. to Dubai Media Council
His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE, and Ruler of Dubai, has issued Law No. (6) of 2022 affiliating Dubai Media Incorporated (DMI) to Dubai Media Council and endorsing its objectives, tasks, and organisational structure.
Plastic manufacturer APICO posts 29% profit jump ahead of Saudi IPO
Arabian Plastic Industrial Co., which is in the process of joining the Saudi stock exchange, has reported a 29 percent profit increase for 2021.
Saudi developer Sumou signs $144m contract to develop residential units
Sumou Real Estate Co. has signed an agreement with National Housing Co. to build residential units for SR540 million ($144 million).
Allianz Group’s Saudi unit posts 13% profit surge amid potential stake sale
Allianz Saudi Fransi Cooperative Insurance Co. reported stronger earnings for the first half of 2022, amid news that its German parent company is planning to sell its stake in the Saudi unit.
UAE investments in Egypt rise by more than 169% in 6 months
UAE investments in Egypt increased by 169.1 percent during the first half of the 2021-2022 fiscal year, latest economic data show.
State-owned utility SEC's profit drops 7% despite higher sales of $8.8bn
Saudi Electricity Co. has reported a slight drop in its first-half profit to SR7 billion ($1.9 billion), as higher operating costs make a dent in the earnings.
Eligible voters jump by 40% to reach 796,000
The interior ministry published the names of all eligible voters at police stations to allow Kuwaiti citizens to ensure they are listed for the National Assembly elections. Petitions are accepted and dealt with within 24 hours, the ministry said.
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