Saturday 20 October 2018

25pc of world's top firms have base in UAE

More than 25 per cent of the world's 500 largest companies have the UAE as the regional base of their operations in the Middle East and North Africa, says a report.   This data is a new sign attesting to the prestigious position held by the country as one of


UAE to set new residency visa rules from Sunday

UAE’s Federal Authority for Identity and Citizenship (ICA) will begin implementing various decisions on the extension of visas to nationals and granting of entry permits to visitors from October 21, a media report said. Brigadier Saeed Rakan Al Rashidi, acting director-gene


Bahrain tops human capital index in Mena region

The World Bank last week announced its inaugural Human Capital Index, with Bahrain coming in the lead for the Mena Region. Focusing on health and education, the Index measures how productive a child born today will be by the time they turn 18. The kingdom’s score also incre


Smart Dubai launches new national digital identity

Smart Dubai, in partnership with the Telecommunication Regulatory Authority (TRA), has inaugurated UAEPASS, a national digital identity and signature solution for all citizens, residents and visitors. UAEPASS allows the user to access services for both local and federal government enti


Sabic unveils agri-nutrient solutions at Riyadh show

Sabic showcased its wide range of innovative, environment friendly agri-nutrient solutions targeted to specific needs of each crop and help improve yields at 37th International Trade Exhibition for Agriculture and Agro-Industry in Riyadh. The Sabic stand at the exhibition that ra


UAE reaffirms solidarity with Saudi Arabia

The UAE has affirmed full solidarity with Saudi Arabia against all attempts to undermine its regional stature and fundamental role in establishing regional peace and security, said a senior UAE government official. Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs


Dubai DED issues 1,509 licences in September

The Department of Economic Development (DED) in Dubai has issued a total of 1,509 new licences in September, thus registering a 23.6 per cent increase over 1,221 licences in August. The ‘Business Map’ digital platform of the DED saw 22,113 business registration and li


Saudi Arabia rejects threats; warns retaliation

Saudi Arabia said today that it totally rejects any threats and attempts to undermine it, whether by threatening to impose economic sanctions, using political pressure, or repeating false accusations.   The kingdom also affirmed that it will respond to any actio


Emaar's New Year Eve gala set to be amazing spectacle

Dubai-based Emaar is gearing up for yet another spectacular New Year's Eve celebration that will feature several amazing new elements in addition to spectacular fireworks, returning this year by popular demand.     The New Year's Eve Gala in Do


Saudi Almarai's Q3 gross profit down 4.2pc to $386m

Saudi Arabia's Almarai, the largest dairy company in the Gulf, has reported a gross profit of  SR1.45 billion ( $386.3 million) for the third quarter, down 4.2 per cent compared to SR1.5 billion ($399 million) for the same last year.   Announcing its co

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