On Monday, al-Watan newspaper reported that Binladin had laid off about 77,000 foreign workers
The park is designed to boost the kingdom’s knowledge economy and create jobs
Previously, qualified institutions could only own a maximum of 5 per cent of any listed company
Payroll numbers failed to increase for only the second time in the history of Emirates NBD’s PMI index
Internal review is said to have highlighted an over-commitment to Europe, prompting emphasis on external managers
John Brennan says secret parts of the report could be misinterpreted if released for public scrutiny
The announcement follows the unveiling of the emirate’s 3D printing strategy last week
Between 12,000 and 17,000 Saudi employees are expected to be laid off
In March, the ministry signed memorandums with South Korea to develop 100,000 housing units
Alba’s chief executive said in November it would reach its target to cut cash costs by $150 per tonne by January 2016
Plans include new malls and the expansion of existing locations
A 5 per cent VAT rate will be introduced across the GCC in the coming years
Proposal was made at a Gulf Cooperation Council municipalities conference in Qatar
The Saudi government has recently been driving employment of locals in the private sector
Pilot scheme rolled out in 2017 in bid to tackle failing schools
Loss-making TAQA has been scaling back investments overseas and cutting costs to cope with the slump in crude oil prices
Binladin Group employees also say they have not been paid for six months
Documents posted online last week included the bank details of journalists, supposed royal family members and government and defence officials
Emiratis were found to make up less than 10 per cent of the total workforce in half of the companies surveyed
The assistance to the families, in the form of land, villas, apartments or financing, will be extended over a year
Along with accusations of corruption during its World Cup bid, Qatar has long been under fire from rights groups for labour abuses
Perks being cut include health insurance, annual leave tickets and school fees
The country is planning to reduce its foreign population from 69 per cent today to below 50 per cent
In its first phase, the storage facility will have a capacity of between 6 million and 10 million barrels of oil
The country is using groundwater reserves more than 20 times faster than they can be recharged
The bridge will ease congestion on nearby roads, according to the RTA
The company employs 200,000 people, according to its LinkedIn page
True diversification requires developing industries which have nothing to do with the extraction of oil and spending of oil-related revenue
Net foreign assets held by the central bank dropped by 1.0 per cent from the previous month
Rule changes are designed to make the licencing process easier for homeowners and renters