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Press Dossier   By Date  28/04/2024
​​PIF set to have $2 trillion in assets under management by 2030: report
Saudi Arabia’s Public Investment Fund is poised to reach $2 trillion in assets under management by 2030, propelling it from 5th to 2nd place globally among sovereign wealth bodies, according to Global SWF.
Islamic Development Bank’s 2024 annual meetings start in Riyadh under King Salman’s patronage
The Islamic Development Bank’s 2024 annual meetings are being held under the patronage of King Salman bin Abdulaziz in Riyadh between Apr. 27 and 30, 2024.
Saudi authorities arrest 19,050 illegals in one week
Saudi authorities arrested 19,050 people in one week for breaching residency, work and border security regulations, the Saudi Press Agency reported on Saturday.
Dubai: Interest-free loans announced for some businesses hit by heavy rains
Interest-free loans could be granted to some small and medium-sized enterprises in Dubai that were hit by record rains last week, it was announced on Saturday.
UAE flights: Abu Dhabi Airports serves 6.9 million passengers in 3 months
Abu Dhabi Airports, the operator of five airports in the emirate, recorded a more than 35 per cent surge in passenger traffic at 6.9 million passengers in the first three months of this year compared to the same period in 2023 when the figures were 5.1 million.
UAE jobs: Universities to revamp legal programmes to boost prospects for law graduates
Legal programmes in UAE universities are being revamped to help increase job opportunities for the country’s law graduates.
Dubai: Will landlord pay for repairs of apartment damaged in rain?
The recent rains have resulted in plumbing problems in my Dubai apartment. Moreover, water that seeped into the apartment has damaged a wall. Who is responsible for repairing these?
UAE: Can employers deduct employee's salary for absence due to heavy rains?
Can my company deduct my salary for being unable to report to work during the heavy rains and subsequent floods that happened last week? If our boss does, can we complain? Please advise. We work in a mainland Dubai company and stay in Sharjah. We were unable to report to the office last week because of the rains.
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