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Press Dossier   By Date  23/08/2022
UAE: Construction worker compensated with Dh1.2 million for injury at worksite
An injured construction worker has been awarded Dh1.2 million in compensation after falling off the rooftop of a warehouse.
Non-oil foreign trade exceeds record Dh1.05 trillion in 6 months
The UAE’s non-oil trade surpassed the Dh1 trillion mark in the first half of 2022, registering an increase of 17 per cent over the last half of 2021, thanks to a host of initiatives taken by the government to support non-oil sectors after the pandemic.
Investors to repose trust on UAE real estate market with more investments
The government’s recent measures on real estate investment will increase market credibility, transparency and boost investor confidence in the growing sector, experts say.
Saudi budget airline launches direct flights to four international destinations
Saudi Arabia’s budget airline flynas has signed a deal with the Air Connectivity Program to launch four new and direct destinations in Europe, North Africa and Central Asia from November.
RAYA CX signs $20m partnership deal with Zain Saudi Arabia
RAYA Customer Experience has signed a $20 million strategic partnership contract with communications and information technology firm Zain Saudi Arabia.
Saudi banks outperform regional counterparts with assets growing by 10% to $880bn
Saudi Arabia’s banking sector continued to outperform its regional counterparts in 2021 with assets growing by a record 10 percent to SR3.3 trillion ($880 billion), said a report by The Banker.
Development projects should not encounter snags
The Cabinet on Monday emphasized the importance of a number of planned development projects that should come to fruition shortly, saying these initiatives need to proceed without any glitches.
CMA Kuwait becomes a member of Global Financial Innovation Network
Kuwait’s Capital Markets Authority (CMA) has become a member of the Global Financial Innovation Network (GFIN), an international network that seeks to support financial innovation for the benefit of consumers, acts as a regulatory tool and focuses on emerging technology.
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