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Press Dossier   By Date  01/04/2023
Expo 2020 Dubai exceeds forecast: 35,000 jobs to be supported every year until 2042, says report
Expo 2020 Dubai and its legacy are expected to contribute Dh154.9 billion ($42.2 billion) of gross value added (GVA) to the UAE’s economy from 2013 to 2042, a report from EY has shown.
UAE, Israel agree to increase passenger flights
The UAE and Israel have agreed to increase the number of flights to meet the high demand for passenger traffic between the two countries, officials said.
Aldar and Mubadala to develop new commercial assets on Al Maryah Island
Aldar Properties and Mubadala Investment Company have signed heads of terms to develop commercial assets on Abu Dhabi’s Al Maryah Island, which will be located within Abu Dhabi Global Market (ADGM), the capital’s international financial centre and freezone.
Unemployment among Saudis falls to all-time low of 8%
The unemployment rate among Saudis has dropped to its lowest level since records began in 1991.
ADNOC Gas annual core earnings jump 32% on pro forma basis
Abu Dhabi National Oil Co. Gas on Thursday reported a 32 percent increase in its 2022 core earnings on a pro forma basis, citing a higher pricing environment and increased sales volumes amid strong market conditions.
5,400 people from Kuwait apply for asylum abroad
A report conducted by Arabian Gulf Center for Studies and Research (CSRGULF) – the first think tank in Kuwait – revealed 5,400 people residing in Kuwait have applied for asylum since 2018 to foreign countries, most notably the United Kingdom, Canada, United States and European countries such as France, Germany and Scandinavian countries, while Iraq and the United Arab Emirates were the top Arab destinations.
Will strategic payroll alternative solve wage disparities of citizens?
The strategic payroll alternative is a project that was proposed in 2015 by the Civil Service Commission (CSC) to have similar salaries among Kuwaiti citizens who work in the public sector as long as they have the same qualifications, degrees and positions.
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