Employers in the Kingdom anticipate workforce expansions and salary hikes, though grappling with talent shortages and evolving work models, says...
- Eng. Saad bin Sherida Al Kaabi notes that Qatar has consistently underscored its strong and supportive position regarding natural gas...
Saudi Arabia signed deals with Oman valued at $30 billion, state media said Tuesday, as Crown Prince Mohammed bin Salman...Saudi and Omani companies "signed 13 memoranda of understanding worth $30 billion", the official Saudi Press Agency reported
According to SPA, he will also visit the United Arab Emirates, Bahrain, Kuwait, and Qatar
Official sources said the country would, from January 1, ‘transition to a four and a half day working week,’ with...From January 1, all government entities may have eight working hours a day from Monday to Thursday, from 7:30 am to 3:30 pm
Fridays will apparently have 4.5 working hours: from 7:30 am to noon, with Friday sermons and prayers held after 1:15 pm
Libya collapsed into years of violence after the 2011 fall and killing of dictator Moamer Gadhafi in a NATO-backed revolt....The existence of two central banks has complicated the handling of Libya's vital oil revenues and control over monetary policy
This has contributed to runaway inflation and a liquidity crisis, despite the country's vast crude reserves
The deals were inked by Oman Investment Authority firms with Saudi counterparts as Saudi Crown Prince Mohammed bin Salman visited.OQ signed three MoUs in the fields of petrochemicals, renewable energy and green hydrogen sector
In the field of dry dock and logistic services, Asyad signed an MoU with a Saudi shipping company
The deficit had fallen to RO1 billion ($2.6 billion) by October-end from RO2.71 billion ($7.05 billion) during the same period...Oman’s total general revenues as at the end of October had increased 28.1 percent and stood at RO8.33 billion ($21.67 billion)
The revenues stood at RO6.5 billion ($16.91 billion) during the corresponding period in 2020
The move is expected to raise the country’s ranking in relevant international indexes.Two Saudi ministries are looking to set up committee to facilitate real-estate tasks,
The panel is also expected to prepare a plan for the application of property ID to all title deeds, and studying joint property title deeds
The UAE government on Sunday announced the launch of the UAE Railways Programme, the largest integrated system for transporting goods...The first phase of the Etihad Rail has been fully operational since 2016
The investments of the UAE Railways Programme amount to AED50 billion, 70 percent of which target the local market.
The Central Bank of Bahrain will offer the digital Dinar through a digital payments platform that can be accessed round...The central bank also intends to gradually raise the share of financing for small- and medium-sized enterprises
Bahrain plans to list five more companies on its stock exchange next year including Bahrain Airport Services Company
- The total value of the UAE’s foreign trade in the past five decades amounted to some AED34.23 trillion ($9.32 trillion),...
The country’s trade balance from 1971 to 2020 recorded a surplus of nearly $1.3 trillion (AED4.76 trillion).
UAE's exports increased 380 times, rising from $842 million (AED3.1 billion) in 1971 to $319.3 billion (AED1.17 trillion) by the end 2020.
Egypt's non-oil activity in the private sector shrank for a 12th month in November as inflation expectations rose, causing new...IHS Markit's Purchasing Managers' Index (PMI) came in at 48.7, below the 50.0 threshold that separates growth from contraction.
Higher fuel and shipping costs often led to increased prices, including for raw items such as foodstuff and paper, said IHS Markit.
