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Press Dossier   By Date  08/05/2023
UAE signs nuclear energy cooperation agreements with China bodies
Emirates Nuclear Energy Corporation (ENEC), the body responsible for developing the United Arab Emirates' nuclear energy sector, has signed three agreements with Chinese nuclear energy organisations as it looks to boost low-carbon nuclear power.
UAE: Can a bank confiscate my vehicle if I default on loan payments?
As a cost-cutting measure, I have had to take a pay cut. I have a year's EMIs pending on my car loan, but no other liabilities. Can my vehicle be confiscated if I default on payments?
Dubai: How can I apply for a freelance visa and what are the documents required?
Question: I am a freelancer looking to move to Dubai. Could you please take me through the visa and other document-related procedures I need to be aware of?
RTA announces opening of two smart customer service centres
Dubai’s Roads and Transport Authority (RTA) has inaugurated two ‘smart’ ‎customer happiness centres that provide automated services without human intervention. The two centres in Al Manara and Al ‎Kifaf deliver customer services using smart devices.
Saudi Arabia reports $75bn in revenues in first quarter of 2023
Saudi Arabia on Sunday reported revenue of SR280.94 billion ($74.89 billion) in the first quarter of the current financial year.
Saudi economy grew 3.9% in Q1 led by non-oil activities: GASTAT
Saudi Arabia’s real gross domestic product grew by 3.9 percent year-on-year in the first quarter of 2023 as non-oil activities picked up pace, data issued by the General Authority for Statistics showed.
PIF plans to acquire ‘significant’ stake in Saudi papermaker MEPCO
Saudi Arabia’s Public Investment Fund eyes acquiring a “significant” minority stake in Middle East Paper Co. as the sovereign fund aims to broaden its investments in local businesses.
Qatar’s Ashghal tenders 22 building projects worth $1.1bn in Q1
Qatar’s Public Works Authority tendered 22 building projects worth 4.1 billion riyals ($1.1 billion) in the first quarter of 2023, with plans to award more projects by the end of this year, the authority said in a statement.
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