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Press Dossier   By Date  08/09/2024
Saudi Arabia signs MoU with Italian defense company Elettronica
The Ministry of Investment and the General Authority for Military Industries have signed a memorandum of understanding with Italian defense firm Elettronica, the Saudi Press Agency reported on Saturday.
Construction licenses drive investment surge in Saudi Arabia; Egypt secures 30% of total share in Q2
Construction permits led Saudi Arabia’s investment licenses in the second quarter of 2024, with 737 issued, representing 27 percent of the total, according to official data.
Saudi Arabia arrests 22,021 illegals in one week
Saudi authorities arrested 22,021 people in one week for breaching residency, work and border security regulations, the Saudi Press Agency reported on Saturday.
Gulf Bank’s Wise platform revolutionizes global investments, supports women
As part of the GB Talks series, Gulf Bank’s Assistant Investment Manager, Hanan Al-Ashwak, discussed the variety of investment options available through Gulf Bank and Invest GB, with a special focus on women.
Emaar The Economic City launches $2.32bn capital optimization plan
Saudi master developer Emaar The Economic City, the firm behind King Abdullah Economic City, has unveiled a SR8.7 billion ($2.32) capital optimization plan aimed at restructuring its financial framework.
Saudi Arabia’s non-oil economy grows 4.9% in Q2: GASTAT
Saudi Arabia’s non-oil activities expanded 4.9 percent year-on-year in the second quarter of 2024, driven by gains in the financial and insurance sectors, official data showed.
Is VPN banned in UAE? Rules, fines, what you need to know
Question: Can you explain the rules around using VPNs (virtual private networks) in the UAE? Are they legal? If yes, is there a list of VPNs that are to be used?
UAE: Can employers ask employees to do different work without consent?
I work in a mainland company in Dubai and was hired to do a particular job. However, my company asked me to upskill and perform something entirely different. Is this legal? If not, can I file a case against the company?
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