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Press Dossier   By Date  04/03/2023
UAE Public Prosecution warns of penalties against employees who leak details of investigations
The UAE authorities on Friday reiterated that disclosing information from legal cases is a crime punishable by stiff penalties.
Presidents of UAE, Turkey witness signing of Comprehensive Economic Partnership Agreement
The President, His Highness Sheikh Mohamed bin Zayed Al Nahyan and Recep Tayyip Erdogan, President of Turkey, witnessed the signing of a Comprehensive Economic Partnership Agreement (Cepa) between both nations during a virtual summit on Friday.‏
Alpha Dhabi net profit soars 104% to Dh40 billion in 2022
Alpha Dhabi Holding PJSC, one of the fastest-growing investment holding companies in the Mena region, on Friday reported full-year net profit for 2022 of Dh10.6 billion, up 104 per cent year-on-year from Dh5.2 billion. Revenues grew significantly to Dh40.0 billion, representing an increase of 114 per cent year-on-year
Saudi Aramco inks deal to invest in Geely-Renault engines venture
Oil giant Saudi Aramco is preparing to join carmakers Geely and Renault in a new joint venture in hybrid and internal-combustion vehicles, the three firms said Thursday.
UAE's GDP grew 7.6% in 2022, economy minister says
The United Arab Emirates' economy expanded 7.6 per cent last year, a senior official said on Thursday, about double the rise in gross domestic product (GDP) recorded in 2021 as the Gulf state rebounded sharply from the Covid-19 pandemic.
Saudi Arabia’s Bahri inks deal with Egypt’s Suez Canal Authority to establish maritime transport cooperation
Saudi Arabia’s national shipping company Bahri has signed a memorandum of understanding with the Suez Canal Authority to create an Egyptian joint-stock company for maritime transport.
Saudi economy sees strong start to 2023: Al Rajhi Capital
Saudi Arabia’s economy remained strong at the beginning of 2023 as Brent oil prices held steady, according to a report from Al Rajhi Capital.
​​Saudi Arabia ranks first among G20 countries with 4.9% productivity growth rate: International Labor Organization
Saudi Arabia secured first place among the Group of 20 countries for factor productivity growth in 2022, according to a series of modeled readings issued by the International Labor Organization annually on worker productivity.
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