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Press Dossier   By Date  05/09/2024
American Express targets 90% Saudi POS coverage following rapid growth: CEO
Card payment provider American Express has achieved a 180 percent increase in its point-of-sale acceptance in Saudi Arabia over the past two years, according to CEO Fahad Mubarak Al-Guthami.
Closing Bell: Saudi Arabia’s TASI concludes in red, drops to 12,128 points
Saudi Arabia’s Tadawul All Share Index closed Wednesday’s trading at 12,128.14 points, recording a drop of 52.23 points, or 0.43 percent.
Saudi Culture Ministry and General Entertainment Authority highlight Riyadh Season tie-in projects
The Saudi Ministry of Culture and the General Entertainment Authority on Wednesday provided a round-up of a series of projects and agreements they said would enhance the quality of life in the Kingdom and help to develop professional capabilities in several sectors.
NBK leads The Banker’s 2024 list of top 100 Arab banks in Kuwait
In a testament to the enduring strength of its banking brand and robust financial standing, National Bank of Kuwait (NBK) has soared to the pinnacle of The Banker’s 2024 ranking of the top 100 Arab banks, securing the premier position within Kuwait while sustaining its distinguished ninth place among regional banks.
Adnoc to acquire 35% stake to Exxon’s Texas facility
Adnoc is set to acquire a 35 per cent equity stake in ExxonMobil’s proposed low-carbon hydrogen and ammonia production facility in Baytown, Texas.
UAE leads in GCC tourist numbers in H1
Dubai’s tourism sector retained its global appeal in the first half of this year, with a 9.3 million tourists arriving in the city, representing an increase of 9 per cent on H1 2023, data showed on Wednesday.
Annual leave in UAE: How many days you can take, carry forward; all you need to know
I work for a mainland company and I'm curious about the rules regarding annual leave. Is there a requirement that a certain number of leave days must be used each year? If I don't use all my leave, will the remaining days expire, or can they be converted into payment? Could you explain how annual leave works and what the regulations are?
Lost passport, credit card default, illness: How these UAE residents turned overstayers
As the UAE began its two-month amnesty programme, many illegal residents rushed to rectify their visa status. The campaign came as a sigh of relief for them amidst difficult circumstances. But how did they find themselves in such a challenging situation?
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