New UAE law allows employees merge work years for free
Abu, Dhabi, UAE -- A new UAE law contributes to enhancing insured Emiratis chance in obtaining a retirement pension by...Business
Aramco, Intel to set up Saudi Arabia’s first open RAN center
Riyadh, Saudi Arabia -- Aramco Digital Co. and Intel have unveiled plans to establish Saudi Arabia’s first open radio access...Business
Dubai Expo ‘new city’ is here to stay for decades
Dubai has created a "new city" for Expo 2020 that will exist for decades, the head of the event said,...The $7bn purpose-built showground occupies a vast site on Dubai's outskirts with hundreds of pavilions
Expo 2020, which has sustainability as one of its main themes, wraps up in March
The most interesting pavilions at Expo 2020
Expo 2020 Dubai boasts some unique pavilions. Here’s a look at the most engaging among them.Future Forest, the Spanish Pavilion, boasts an organic and recycled artificial ecosystem
The Women’s Pavilion is intended to honor the significant roles that women, known and unknown, have played throughout history
Anaam land sale nets $22.6m
The transaction will be reflected on Anaam’s Q3 financial results.The deal has been inked with the buyer Khaled Mustafa Mohamed Monem
It includes the sale of all equipment, machinery, buildings, and cars
Saudi stock market index ends high at 11,495.76 points
The main Saudi stock index closed today, up, gaining 112.11 points, to close at 11495.76 points, with trading value worth...The volume of traded shares, reached 180 million, through more than 290 thousand deals
The Saudi Parallel Shares Index (NOMU) closed today, down, losing 257.36 points, at 23652.32 points level, with trading value worth SR 51 million
UAE Central Bank to issue commemorative Expo 2020 silver coins
DUBAI: The Central Bank of the UAE (CBUAE) has announced it will issue silver coins that feature Expo 2020’s official...All issued commemorative coins will be available for sale via the Expo 2020 official stores as well as the New Zealand Mint’s website.
Costing coins will be available for sale via the Expo 2020 official stores and New Zealand Mint’s website.
Al-Rajhi Capital predicts Saudi oil revenues to touch $145.3bn at the end of 2021
Al-Rajhi Capital believes that Saudi oil revenues will touch $145.3 billion at the end of 2021, while total state revenues...The bank's estimate for non-oil revenue is at $101bln
The assessment was made on the Saudi budget forecast released on Thursday
Jordan, Lebanon discuss cooperation
Jordanian Prime Minister Bishr Khasawneh met his Lebanese counterpart Najib Mikati to discuss cooperation and help Lebanon.Jordanian Prime Minister Bishr Khasawneh underlined his country’s support for Lebanon to overcome ongoing challenges
He also pointed to the relations that bind the two countries and peoples, highlighting Jordan's commitment to enhancing joint cooperation
Saudi Arabia to strengthen trade ties with Austria
The Saudi delegation of the trade system was headed by Minister of Commerce Majid Al-Qasabi.During the meeting, the countries discussed opportunities to enhance and develop commercial relations
They also talked of ways to upgrade the level of trade exchange and cooperation between the two countries
Dubai Expo 2020 to attract 25 million business, tourist visits
The full expo site has opened its doors to exhibitors from almost 200 countries.The full expo site has opened its doors to exhibitors from almost 200 countries
The event was chosen eight years ago to follow the 2015 Expo in Milan, Italy, and cost around $6.8 billion
ADNOC Distribution will pay $350 million H1 interim dividend to shareholders
DUBAI: ADNOC Distribution has announced AED1.285 billion ($350 million) as an interim dividend payment to shareholders for the first six...This is the first payment in what is expected to be a full-year 2021 dividend payment of AED 2.57 billion.
The company has set a minimum of AED2.57 billion dividend for 2022.