The Governor of Jazan region, Prince Mohammed bin Nasser bin Abdulaziz, inaugurated the public bus transport project in Jazan region, including Jizan, Sabya, and Abu Arish, as part of the gradual rollout of public bus transport projects across various cities and regions of the...
Saudi Arabia’s economy is very healthy, and growth in non-oil activities is very promising, Faisal Alibrahim, Minister of Economy and Planning, told Asharq News on the sidelines of the World Economic Forum (WEF) in Riyadh. There are new contributors to the non-oil sector growth, with...
The UAE Ministry of Finance participated in the 2024 Islamic Development Bank (IsDB) Group Annual Meetings held from 27 to 30 April 2024 in Riyadh, KSA. This year’s annual meetings coincided with the Golden Jubilee of IsDB, marking the Bank’s 50th anniversary since its establishment. The...
The Emirates Reprographic Rights Management Association (ERRA) convened its second ordinary general assembly meeting in Sharjah, with the participation of the current board of directors and 65 members. During the meeting, the association announced the election of new board members for its second...
Prince Mohammed bin Salman bin Abdulaziz, Crown Prince, Deputy Prime Minister, and Minister of Defense, affirmed that Saudi Arabia has early recognized the importance of international cooperation, growth, and energy. It has worked on enhancing partnership and integration, stressing the Kingdom's...
The United Arab Emirates has initiated a transformative fiscal policy with the introduction of a federal corporate tax, aiming to cement its economic future’s resilience and prosperity. This strategic policy shift, outlined in Federal Decree-Law No. (47) of 2022, aligns with international tax...
Abdullah bin Touq Al Marri, Minister of Economy, held a bilateral meeting with Tiit Riisalo, Minister of Economic Affairs and Information Technology in the Republic of Estonia. The meeting explored the possibilities for expanding cooperation in key sectors between the two countries, including the...
The Real Estate General Authority (REGA) issued 33 off-plan sales licenses in Q1 2024 to provide 13,907 new units available in the market. REGA’s Official Spokesperson, Tayseer Al-Mufarrej, said that there are 153 qualified developers engaged in real estate development activities across ...
His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, reviewed the strategic plan of the Dubai Aviation Engineering Projects and approved designs for the new passenger terminal at Al Maktoum International Airport, which will be the largest in the...
Most of Saudi Arabia’s growth in the last few years was driven by newly-created economic sectors in line with Vision 2030, such as sports, entertainment, and tourism, in addition to industrial sectors, Faisal Alibrahim, Minister of Economy and Planning, said. In a press...