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Press Dossier   By Date  09/05/2023
Abu Dhabi fastest-growing economy in the region with 9.3% GDP growth rate in 2022
Abu Dhabi’s gross domestic product (GDP) exceeded Dh1 trillion last year at a growth rate of 9.3 per cent with 50 per cent contribution from the non-oil sectors, a top official said during the opening day of Annual Investment Meeting (AIM) 2023.
ADGM expands to become one of the largest financial districts in the world
The jurisdiction of Abu Dhabi Global Market (ADGM) has been expanded to Al Reem Island, making it one of the largest financial districts in the world, with a total area of 1,438 hectares.
Saudi Arabia, Korea discuss maritime transport cooperation
Saudi Arabia’s Minister of Transport and Logistic Services Saleh Al-Jasser met with Korean Minister of Oceans and Fisheries Cho, Seung-hwan, during his visit to Seoul.
Qatar’s Hamad International Airport Q1 passenger traffic rises 44.5%
Qatar’s Hamad International Airport recorded a year-on-year surge in passenger traffic of 44.5 percent to reach 10.31 million in the first quarter of 2023, with trips to London, Bangkok, and Dhaka helping to drive the increase.
Closing bell: Saudi benchmark index closes flat at 11,256 points
Saudi Arabia’s Tadawul All Share Index closed flat on Monday, slipping 0.26 points to 11,256.39.
Saudi tourism fund signs deal to develop eco-lodge in Al-Ahsa
Saudi Arabia’s Tourism Development Fund on Monday signed an agreement with Golden Frond Hotel Services Co., a subsidiary of the Afyaa Group, to develop five-star eco-lodge in Al-Ahsa Oasis.
Kuwaitis building fourth floor for their newlywed children to avoid high rents
As housing prices continue to rise, it is becoming increasingly difficult for young couples to afford renting their own apartments.
Twenty-four hopefuls enter race for ’23 Kuwait’s parliamentary elections
Some 24 hopefuls submitted their papers to the Interior Ministry’s elections affairs committee for the 2023 National Assembly elections scheduled on June sixth.
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