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Press Dossier   By Date  02/03/2023
UAE, Saudi Arabia continue to take the lead in regional CSR
Over 60 per cent of UAE brands have experienced a tangible growth in consumer engagement as a direct result of increased in corporate social responsibility (CSR) activities, a new report has showed.
UAE rated highest for expat lifestyle, earnings and family stability
The UAE is the most popular destination for expatriates as the emirate rated highest for expat lifestyle, earnings and family stability, according to a survey.
UAE's decision on 'tax residency' comes into effect today
The UAE's Ministry of Finance on Wednesday issued a decision on determining tax residency for people living in the Emirates. For consideration on tax purposes, an individual’s ‘usual place of residence’ will be in the UAE if this is where he normally or habitually resides, the ministry clarified.
Are Dubai apartment prices expected to rise further?
How much should I earn if I want to invest in an apartment in Dubai?
Saudi Arabia, UK to study cooperation in future combat air system
Saudi Arabia signed a declaration with the UK outlining its intent to participate in the Future Combat Air System program and potential industrial projects, the Saudi Press Agency reported on Wednesday.
Saudi Arabia’s merchandise exports rose 6.4% in Q4 2022: GASTAT
Saudi Arabia’s overall merchandise exports increased by 6.4 percent in the fourth quarter of 2022 to SR342.4 billion ($91.24 billion), compared to the same period in 2021, according to the latest data released by the General Authority for Statistics.
ACWA Power’s net profit zooms 103% to $411m in 2022
Saudi Arabia’s utility service provider ACWA Power has reported a net profit of SR1.5 billion ($411 million) in 2022, up 103 percent from the previous year, according to a bourse filing.
Bahrain airport’s passenger traffic spikes to 6.9m in 2022
Bahrain International Airport welcomed 6.9 million passengers in 2022, marking an increase of 125 percent from 3 million in 2021, the Bahrain News Agency reported.
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