- Saudi Arabia will start giving out professional licenses from next year in order to improve the quality of its domestic...
The Ministry of Municipal and Rural Affairs and Housing for regulating city operators will start the first phase of issuing professional licenses for 16 professions
The major professions for which the ministry is seeking to introduce mandatory professional license in a phased manner consist of technicians, construction workers
- Saudi Arabia has filed a World Trade Organization complaint over EU anti-dumping duties on imports of a chemical compound used...
In the complaint, dated Aug. 17 but circulated to WTO members on Thursday, Saudi Arabia charges that the EU unfairly imposed provisional anti-dumping duties
The chemical compound is used in a variety of industrial processes, including to produce polyester fibers and components for manufacturing plastic bottles
- A recent report by real estate firm Chestertons said value of residential transactions increased by nearly 50 percent during the...
Mortgage deals worth AED104.87 million and 12 gift transactions amounting to AED22.86 million also recorded.
Completed property sales accounted for 71 percent of total transaction value and 59 percent of volume in Q2.
- Timely preventive measures such as vaccination of frontline construction workers, embracing new technologies , financial stimulus packages, loan relaxation and...
HSBC Bank expects the rally in Dubai’s real estate sector to last several years.
Dubai’s prime properties snapped up fast owing to low prices.
- Drake & Scull International (DSI) has reported a net profit of $21.2 million for the first half of 2021. The...
As of June this year, accumulated losses amounted to 4.82 billion dirhams, compared to 4.9 billion dirhams at the end of December 2020
The losses have been attributed to, among others, the work in progress and contract receivables in the company’s legacy projects




















