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SAUDI ARABIA EMARATES BAHRAIN KUWAIT OMAN QATAR

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Press Dossier

By Date

31/07/2022

	TRSP 5-year anniversary: Five years of firsts at The Red Sea Project RIYADH: Since it was announced to the public five years ago, The Red Sea Project was set to be a pioneer.
	Al Rajhi Bank posts 21% profit surge to $2.2bn for H1 RIYADH: Saudi Arabia’s Al Rajhi Bank’s net profit hit SR8.4 billion ($2.2 billion) in the first half of 2022, bolstered by a 15 percent jump in operating income.
	IsDB announces a $10.54 billion package for global food security The Islamic Development Bank (IsDB) Group endorsed a $10.54 billion comprehensive Food Security Response programme (FSRP) package that will support member countries in addressing the ongoing food crisis and, most importantly, scale up the Group’s continued efforts to contribute to strengthening its members’ resilience to food security shocks in the future.
	Banks give Dhs696.7 billion facilities to business and industrial sector Credit facilities provided by national banks to the business and industrial sector rose 1.92 per cent (Dhs13.1 billion) in the first four months of 2022 to Dhs696.7 billion from Dhs683.6 billion in the corresponding period in 2021, according to figures revealed by the Central Bank of the United Arab Emirates (CBUAE).
	RAK tourism sector returns to pre-pandemic visitor numbers Ras Al Khaimah Tourism Development Authority (RAKTDA) announces its highest visitor numbers since the onset of Covid-19, with the Emirate reporting visitor arrival numbers in line with pre-pandemic footfall across the first six months of 2022.
	Forum set to highlight region’s key attractions and destinations To support countries in the Mena region rethinking their strategies and implementing new plans for reopening existing destinations and attractions in a safe and sustainable manner post the pandemic slowdown, Mena Attractions & Destinations Forum 2022 will be held on 28th and 29th September, 2022 in Dubai, UAE to explore upcoming cultural and leisure projects and ways to drive growth for the tourism sector.
	Betrayed, ashamed, depressed, angry': Clients beg for their cash back after crypto lender's crash An Irishman at risk of losing his farm. An American having suicidal thoughts. An 84-year-old widow's lost life savings: People caught in the meltdown of crypto lender Celsius are pleading for their money back.
	UAE to announce August fuel prices today The UAE will announce its retail fuel prices for the month of August on Sunday as part of its policy announced in 2015 to deregulate prices to bring them in line with global rates.

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