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SAUDI ARABIA EMARATES BAHRAIN KUWAIT OMAN QATAR

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Press Dossier

By Date

16/01/2023

	UAE jobs: What are the rights of an employee being fired? Visa cancellation, salary payment procedures explained What is the legal procedure to terminate the services of an employee on grounds of poor performance?
	UAE: New law revises legal age for starting business The age limit for running a business in the UAE has been revised under the new Commercial Transactions Law, according to the Ministry of Economy (MoE).
	Deal to offer Zamzam to visitors of Prophet’s biography museum The International Fair and Museum of the Prophet’s Biography, which is supervised by the Muslim World League, the strategic partner of the 2023 Conference and Exhibition for Hajj and Umrah Services, signed a memorandum of understanding with Al-Zamazemah Co.
	Saudi inflation rises 3.3% year-on-year in December 2022: GASTAT Saudi Arabia’s annual inflation rate rose by 3.3 percent in December 2022, compared to the same period in 2021, according to the latest report released by the Kingdom’s General Authority for Statistics.
	Abu Dhabi’s Masdar signs memorandum with Dutch companies to develop green hydrogen supply chain Renewable energy firm Masdar of Abu Dhabi has signed a memorandum of understanding with the Port of Amsterdam, SkyNRG, Evos, and Zenith Energy that aims to develop a green hydrogen supply chain between the UAE and the capital of the Netherlands, the Emirates News Agency reported on Sunday.
	Closing Bell: Saudi benchmark index sheds 0.16% amid lingering uncertainties Saudi stocks frazzled on Sunday as the benchmark index closed 17 points lower — or 0.16 percent — at 10,726.87, without any redeeming factors on the horizon ahead of the earnings season.
	Saudi Industry and Mineral ministry signs MoU with DGDA to regulate mining business Saudi Arabia’s Ministry of Industry and Mineral Resources and the Diriyah Gate Development Authority have signed a memorandum of understanding to regulate the country’s mining businesses, Saudi Press Agency reported.
	Qatari banks to build more profits in 2023: Report Banks in Qatar are expected to amass profits and bolster their capital and liquidity positions in 2023, driven by a more accommodating global and regional climate, post the successful completion of the FIFA World Cup, MEED reported, citing analysts.

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