Tabuk Shawwal 27, 1444 AH, corresponding to May 17, 2023 AD Today, NEOM announced the opening of “NEOM Port” to investors and the business sector, and to attract a consortium of a group of companies to start the work of the first phase of developing the port, by awarding contracts …
Read More »Saudi Arabia: The Saudi stock market index closed at a high of 11277 points
Riyadh, Shawwal 27, 1444 AH, corresponding to May 17, 2023 AD The main Saudi stock index closed today, up 71.58 points, to close at 11277.60 points, with transactions worth 6 billion riyals. The volume of traded shares – according to the daily economic bulletin of the Saudi Press Agency for …
Read More »Jebel Ali.. a trade artery connecting the world to the world through 80 shipping lines that reach 150 ports
Jebel Ali, with its port and free zone, has become a major player in global trade, and the gateway to the world from Dubai. Jebel Ali Port is the gateway to enabling trade in the region and beyond, and a vital link to the global trade network. It connects the …
Read More »The “Navigational Agent” has received more than 3,500 wooden ships in Dubai since the beginning of 2023.
Dubai, May 15: The Office of the Shipping Agent for Wooden Ships at the Ports, Customs and Free Zone Corporation in Dubai has facilitated the procedures for receiving 3,500 wooden ships to the Emirate of Dubai since the beginning of the year 2023, which has helped the growth of the …
Read More »Mohammed bin Rashid: The Arab Reading Challenge has become the largest reading project in the world, with record participation of 24.8 million students from 46 countries
His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, “may God protect him”, announced a record participation in the seventh session of the Arab Reading Challenge for the year 2023, an increase of 11 percent over the participation of the last session, as …
Read More »Emirates Development Bank showcases its financial solutions to support companies during the Investment Forum
Abu Dhabi, May 13 / The Emirates Development Bank, during its participation in the Annual Investment Forum 2023 held at the Abu Dhabi National Exhibition Center, presented its financial solutions to support companies and its contribution to the “Make in the UAE” campaign. One of the most prominent events in …
Read More »“Oman and Etihad Rail” signs a memorandum of understanding with “Vale” to transport its products from the port of Sohar to the regional markets
• The memorandum includes developing integrated logistical solutions for transporting iron and its products by rail. • The memorandum allows the Brazilian company, the leading manufacturer of iron ore, to export its products from its industrial complex in Sohar Port and the Free Zone to its future distribution centers. • …
Read More »Emirates Airlines investments 122 billion dirhams in 10 years, during which it paid 13 billion dirhams to the Dubai government
Emirates Airlines’ investments have touched 122 billion dirhams over the past 10 years, which confirms the airline’s pivotal contribution to Dubai’s economy and other global economies, as the world’s largest international carrier operates. According to the airline’s data, its capital investments since the fiscal year 2013/2014 until the fiscal year …
Read More »The start of the first summer semester at Al Ain University, May 15th
Al Ain on May 12 / The first summer semester at Al Ain University will start on May 15 and will continue until June 24, while the second summer semester will start on July 3 and continue until August 16, following the end of the final exams period for the …
Read More »Egypt: Exemption of some gold imports from customs tax and other fees
Cairo, on May 11, Dr. Mostafa Madbouly, the Egyptian Prime Minister, issued a decision to exempt some imports that come to customs ports, accompanied by passengers coming from outside the country, from customs tax and other fees, except for value-added tax, for a period of six months. These imports are …
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