DUBAI: Money sent home by Egyptian expatriate workers rose by 19 percent to $8 billion in the July to September quarter, from $6.7 billion of the same period last year.
Remittances meanwhile increased to $2.7 billion from $2.3 billion in...
Saudi Arabia is home to 9,563 factories with an aggregate capital of $289.6 billion (SR1.086 trillion), said the Ministry of Industry and Mineral Resources.
These factories contribute to the achievement of comprehensive industrial development, as they play a key role...
Saudi Arabia’s insurance sector is expected to witness more mergers in 2021, Al-Arabiya TV reported, citing Abdullah Al Towaijri, Head of Insurance Companies Control Department at Saudi Central Bank (SAMA).
Al Towaijri noted that the insurance sector has reached a...
Dubai: Over the UAE National Day holidays, various emirates announced schemes to encourage motorists to pay off any traffic fine violations, which they may have incurred. Sharjah, Ajman, Ras Al Khaimah, Umm Al Quwain and Fujairah announced a discount...
Abu Dhabi: UAE reported 1,260 new COVID-19 cases, 2 deaths and 584 recoveries on Tuesday.
146,020 tests were conducted over the pst few days which led to the detection of these new cases, authorities said. The total COVID-19 death toll...
Abu Dhabi: Abu Dhabi is set to roll out road tolls from January 2, 2021 onwards.
The emirate’s public transport provider, the Department of Municipalities and Transport’s integrated transport centre (ITC), has urged residents to activate their online accounts through...
Dubai: A digital payment enabling company, IDEMIA, has acquired Pcard, a card personalisation bureau in Saudi Arabia. The former will now be able to offer an "expanded" range of card payment services and solutions to the Kingdom’s banking and...
Dubai: Dr. B.R. Shetty, the Indian billionaire and founder of NMC Healthcare and UAE Exchange, is calling in outside help to restructure his his liabilities and restructure his investment company.
The consultancy Duff & Phelps will come up with solutions...
Dubai: The Uptown Tower, which will be among Dubai's next lot of super-tall structures, has reached the 153 metre mark - now it has another 187 metres to go to reach the topping up point.
Located beside JLT, the ground...
Abu Dhabi: Schools across the UAE are prepping for the exams that will mark the end of the first term of blended learning.
With some children learning from home and others attending classes in person, designing fair assessments has presented...
Sunil is a graduate and working with informalnewz since 2020. He likes to write finance, sports and entertainment news. Any concern regarding content, Please write @ sunil.izone@gmail.com.
As people from all over the world make UAE their home, the country's leaders have introduced initiatives such as 10-year residency to support talent....
