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Press Dossier   By Date  12/06/2024
Saudi Arabia sees 14% spike in remittances amid digital transformation
Saudi Arabia saw a 14 percent annual increase in remittances by expatriates in April, with the total amount reaching SR11.35 billion ($3.03 billion), the latest data showed.
Qatar’s exports rise by 3.3% to $24bn in Q1
Qatar’s overall exports showed a 3.3 percent increase, reaching 87.6 billion Qatari riyals ($24.08 billion) in the first quarter, according to official data from the Planning and Statistics Authority.
Saudi Arabia’s nominal gross fixed capital formation hits $84.7bn in Q1
Saudi Arabia’s gross fixed capital formation surged to SR317.5 billion ($84.7 billion) in the first quarter of 2024, marking a significant 7.9 percent increase compared to the same period last year, recent data has revealed.
Closing Bell: Saudi main index sheds 78 points to close at 11,775
Saudi Arabia’s Tadawul All Share Index continued its downward trend for the second consecutive day as it shed 78.35 points to close at 11,775.47.
UAE visas: Amer records 21.3% increase in transactions in 2023
Amer, the one-stop shop that allows UAE residents to complete all visa and residency transactions under one roof, has recorded a significant 21.3 per cent increase in the number of transactions completed in 2023 as compared to 2022, according to the General Directorate of Residency and Foreigners Affair (GDRFA) Dubai.
Diriyah Co., UK institute team up for Saudi talent growth
The Diriyah Co. has signed a memorandum of understanding with the UK’s Royal Institution of Chartered Surveyors to enhance the training and development of Saudi talent.
UAE and India defense firms strike wide-ranging cooperation deal
Cyber warfare, drones, and weapons research are at the center of a new deal between UAE-based defense and advanced technology firm EDGE Group and India’s Adani Defence and Aerospace.
Dubai Courts announces easier process for opening inheritance files
Citizens and residents in Dubai can now open inheritance files through easy and smooth procedures following an announcement by the Dubai Courts on Thursday.
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