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SAUDI ARABIA EMARATES BAHRAIN KUWAIT OMAN QATAR

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Press Dossier

By Date

03/05/2023

	UAE jobs: Over 10,000 vacancies coming up as new hotels set to open in RAK More than 10,000 new jobs will be created in Ras Al Khaimah’s hospitality sector in the coming few years as a number of new hotels, including renowned hospitality brand Wynn Resorts, will open their doors.
	UAE airports experience 56.3% growth in Q1 with 31.8 million passengers: GCAA The number of passengers travelling through the country’s airports during the first quarter of 2023 increased by 56.3 per cent compared to the same period in 2022.
	Eshraq shareholders approve cross-listing and share buyback up to Dh110m Eshraq Investments PJSC announced on Monday that its shareholders approved acquisition of an additional 7 per cent shares under its share buyback programme for up to Dh110 million.
	Saudi Arabia offers 50 investment opportunities worth over $25bn in machinery, equipment sector Saudi Arabia will offer 50 investment opportunities worth over $25 billion in the machinery and equipment sector as part of its strategy to promote private participation in the Kingdom’s economic diversification plan, a top minister has revealed.
	Saudi Tourism Authority signs MoU with Visa to develop region’s first tourism data lab A first-of-its-kind tourism data lab is set for the Middle East after Saudi Arabia reached an agreement with global digital payment solution provider Visa to travel trends insights.
	Tourist spending in the UAE jumps 70% to $33bn in 2022 as sector rebounds With global travel returning to pre-pandemic levels, the UAE saw tourist spending rise 70 percent in 2022 to reach 121 billion dirhams ($33 billion), compared to $18.8 billion the year before, according to the ruler of Dubai.
	Saudi authorities to benefit from volunteering services offered through Tawakkalna app The Saudi Authority for Data and Artificial Intelligence Authority on Tuesday signed a memorandum of understanding with the Saudi Red Crescent Authority, aiming to benefit from the volunteering services offered through the Tawakkalna app.
	Closing bell: Saudi bourse continues downward trend amid economic uncertainties The Tadawul All Share Index continued its downward trend on Tuesday, losing 67 points, or 0.59 percent, to close at 11,218.61, primarily driven by expectations of interest rate hikes by the US Federal Reserve and dropping oil prices.

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SAUDI LAWS

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