International travel as well as entry to the kingdom via land and sea will remain suspended
These are some of the biggest trends set to shape the region post pandemic, according to LinkedIn
More than 140,000 eligible customers have already benefited from the TESS liquidity facility
The decision is part of the government’s strategy to ‘Kuwaitise’ jobs in the public sector
The rate of infections in the last three weeks has fallen considerably while the rate of recoveries has increased
The investment firm could raise more than $3bn through a five-year loan
Gross domestic product is expected to shrink the most in two decades this year
Dubai Customs witnessed a 36 per cent increase in the number of customs transactions completed in the first five months of 2020 to reach 5.9 million
Increased digital engagement has supported the need for wealth managers to redefine their delivery models and grow their digitisation efforts
It contributed 9.9 per cent to Dubai’s GDP in 2018
The country has a pipeline of federal infrastructure projects worth Dhs20bn
Non-oil growth is projected to contract by 4.1 per cent in 2020 due to the adverse implications of Covid-19
The top five destination countries for remittances were India, Pakistan, Philippines, Egypt and the US
The combined conglomerate will operate across real estate, tourism, hospitality, leisure and entertainment and investments
All government companies, except Petroleum Development Oman and the nation’s international investments, will fall under the new entity
Following a pandemic-driven plunge, non-oil private sector activity improved in Saudi Arabia, Egypt and the United Arab Emirates
Foreigners account for nearly 3.4 million of Kuwait’s 4.8 million people
Regional governments must undertake key measures to ensure a renewed and sustained approach to economic recovery
Any establishment that does not comply with the midday work ban will face a fine of Dhs5,000 per worker
The measures are aligned with precautions undertaken to ensure the health and safety of customers while ensuring business continuity
The plaza, which will offer refueling and recreational facilities, will cover an area of more than 87,000 square metres
The law will come into effect from July 1, 2020
Mosques across the country are expected to reopen later this week
Women’s wealth in the UAE and Saudi Arabia amounts to $103bn and $224bn respectively
The government is looking to its largest-ever debt programme to keep the depletion of reserves limited to SAR120bn
The government will suspend administrative fines related to bank guarantees provided by media sector owners
A sale could happen as soon as this week and proceeds will be used for general budgetary needs, sources said
Domestic flights are also allowed to resume in the kingdom
The measures include a 50 per cent reduction in the fees to register suppliers
The decision to increase the number of employees will be reviewed weekly based on the prevailing health conditions