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Press Dossier   By Date  24/05/2023
Global Village announces opening of registration for business owners
Dubai's Global Village, which concluded its season 27 recently, welcomed a record 9 million visitors. The park is now preparing for its next season and has invited traders, small business owners and entrepreneurs to bring their businesses to the multicultural park. They can register their interest in Season 28 opportunities through the online business portal.
Minimum 5-year jail sentence for embezzlement of funds by public employees
The punishment for public sector employees who embezzle money from their place of work is jail time, reminded the Public Prosecution in UAE.
Saudi Cabinet welcomes signing of short-term ceasefire agreement in Sudan
The Saudi Council of Ministers on Tuesday welcomed the signing of a short-term ceasefire agreement by the two parties to the conflict in Sudan.
Sri Lanka, Saudi Arabia expand bilateral cooperation to multiple sectors
Saudi Arabia and Sri Lanka are broadening their political consultation and expanding bilateral cooperation to over 60 areas, officials of both countries have told Arab News after their first joint committee meeting.
Saudi Arabia’s NDMC closes May sukuk issuance at $1.15bn
Saudi Arabia’s National Debt Management Center has closed the issuance of SR4.33 billion ($1.15 billion) riyal-denominated sukuk in May.
Saudi Arabia’s budget airline flynas records 47% rise in Q1 revenue
Amid strategic expansion plans, Saudi Arabia’s low-cost airline flynas reported 47 percent growth in revenue in the first quarter of 2023 as compared to the same period last year, with the number of passengers reaching over 2.4 million.
Saudi airports witness 42% rise in passengers in first 4 months of 2023
Fueled by significant growth in the Saudi travel and tourism sector, air traffic witnessed a strong rebound during the first four months of 2023, recording a 42 percent increase in the number of passengers compared to the same period last year.
Qatar hopes to attract foreign asset managers through its new market-making program
Qatar is set to attract foreign asset managers as its sovereign wealth fund dedicates up to 1 billion Qatari riyals ($275 million) toward a market-making program.
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